Cleveland Cliffs Financials
| 0I0H Stock | 12.54 0.42 3.47% |
Operating Margin (0.04) | PE Ratio 0.0177 | Profit Margin (0.02) | Return On Equity (0.05) |
Cleveland | Select Account or Indicator |
Understanding current and past Cleveland Cliffs Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cleveland Cliffs' financial statements are interrelated, with each one affecting the others. For example, an increase in Cleveland Cliffs' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cleveland Cliffs' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cleveland Cliffs. Check Cleveland Cliffs' Beneish M Score to see the likelihood of Cleveland Cliffs' management manipulating its earnings.
Cleveland Cliffs Stock Summary
Cleveland Cliffs competes with Spire Healthcare, Broadridge Financial, Omega Healthcare, EVS Broadcast, and International Biotechnology. Cleveland Cliffs is entity of United Kingdom. It is traded as Stock on LSE exchange.Specialization | Industrials, Commercial & Professional Services |
| Instrument | UK Stock View All |
| Exchange | London Exchange |
| Business Address | 200 Public Square, |
| Sector | Commercial Services & Supplies |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.clevelandcliffs.com |
| Phone | 216 694 5700 |
You should never invest in Cleveland Cliffs without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cleveland Stock, because this is throwing your money away. Analyzing the key information contained in Cleveland Cliffs' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Cleveland Cliffs Key Financial Ratios
There are many critical financial ratios that Cleveland Cliffs' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cleveland Cliffs reports annually and quarterly.| Revenue | 22 B | |||
| Gross Profit | 2.52 B | |||
| EBITDA | 1.86 B | |||
| Net Income | 450 M | |||
| Total Asset | 17.54 B |
Cleveland Cliffs Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 3.5B | 16.8B | 19.0B | 18.8B | 17.5B | 18.4B | |
| Other Current Liab | 216.5M | 1.2B | 1.4B | 1.3B | 1.4B | 1.5B | |
| Net Debt | 1.8B | 5.3B | 5.2B | 4.2B | 2.9B | 3.1B | |
| Retained Earnings | (2.8B) | (3.0B) | (1M) | 1.3B | 1.7B | 1.8B | |
| Cash | 352.6M | 112M | 48M | 26M | 198M | 269.6M | |
| Net Receivables | 152.6M | 1.2B | 2.2B | 2.0B | 1.8B | 1.9B | |
| Inventory | 317.4M | 3.8B | 5.2B | 5.1B | 4.5B | 4.7B | |
| Other Current Assets | 75.3M | 165M | 263M | 306M | 138M | 123.6M | |
| Total Liab | 3.1B | 14.4B | 13.2B | 10.7B | 9.4B | 9.9B | |
| Total Current Assets | 897.9M | 5.3B | 7.7B | 7.4B | 6.6B | 7.0B | |
| Short Term Debt | (22.1M) | 34M | 147M | 19M | 90M | 66.2M | |
| Accounts Payable | 155M | 1.6B | 2.1B | 2.2B | 2.1B | 2.2B | |
| Other Assets | 627M | 1.0B | 671M | 786M | 903.9M | 619.6M | |
| Long Term Debt | 2.3B | 2.1B | 2.1B | 5.4B | 6.2B | 6.5B | |
| Capital Surpluse | 3.9B | 3.9B | 3.9B | 5.4B | 6.2B | 4.5B | |
| Treasury Stock | (169.6M) | (186.1M) | (390.7M) | (354M) | (318.6M) | (334.5M) | |
| Other Liab | 623M | 5.4B | 4.0B | 2.6B | 3.0B | 2.5B | |
| Net Tangible Assets | 308M | 424M | 4.2B | 6.4B | 7.4B | 7.8B |
Cleveland Cliffs Key Income Statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Revenue | 2.0B | 5.4B | 20.4B | 23.0B | 22.0B | 23.1B | |
| Gross Profit | 575.7M | 252M | 4.5B | 2.5B | 1.4B | 1.5B | |
| Operating Income | 429.3M | 5M | 4.0B | 1.9B | 677M | 710.9M | |
| Ebit | 413.3M | 2M | 4.1B | 2.1B | 886M | 930.3M | |
| Ebitda | 498.4M | 310M | 5.0B | 3.1B | 1.9B | 2.0B | |
| Cost Of Revenue | 1.4B | 5.1B | 15.9B | 20.5B | 20.6B | 21.6B | |
| Income Before Tax | 312.1M | (193M) | 3.8B | 1.8B | 597M | 626.9M | |
| Net Income | 292.8M | (82M) | 3.0B | 1.3B | 399M | 419.0M | |
| Income Tax Expense | 17.6M | (111M) | 773M | 423M | 148M | 155.4M | |
| Interest Expense | 101.2M | 238M | 337M | 276M | 289M | 303.5M | |
| Tax Provision | (252.4M) | (475.2M) | 17.6M | (111M) | (127.7M) | (134.0M) | |
| Interest Income | 126.8M | 118.9M | 101.2M | 238M | 273.7M | 171.3M | |
| Extraordinary Items | 2.5M | 88.2M | (1.7M) | 1M | 900K | 855K |
Cleveland Cliffs Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (136.3M) | (146M) | (1.4B) | 64M | 670M | 703.5M | |
| Change In Cash | (470.6M) | (241M) | (64M) | (22M) | 172M | 180.6M | |
| Free Cash Flow | (93.5M) | (786M) | 2.1B | 1.5B | 1.6B | 1.7B | |
| Depreciation | 85.1M | 308M | 897M | 1.0B | 973M | 1.0B | |
| Other Non Cash Items | 215.5M | 106M | 839M | (138M) | (3M) | (2.9M) | |
| Dividends Paid | 52.9M | 44.2M | 116.3M | 41M | 47.2M | 56.7M | |
| Capital Expenditures | 656M | 525M | 705M | 943M | 646M | 678.3M | |
| Net Income | 292.8M | (81M) | 3.0B | 1.4B | 450M | 472.5M | |
| End Period Cash Flow | 352.6M | 112M | 48M | 26M | 198M | 285.3M | |
| Net Borrowings | (8M) | 2.3B | (299M) | (1.1B) | (992.7M) | (943.1M) | |
| Change To Netincome | 148M | (187M) | 1.1B | 225M | 258.8M | 130.7M |
Cleveland Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cleveland Cliffs's current stock value. Our valuation model uses many indicators to compare Cleveland Cliffs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cleveland Cliffs competition to find correlations between indicators driving Cleveland Cliffs's intrinsic value. More Info.Cleveland Cliffs is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cleveland Cliffs' earnings, one of the primary drivers of an investment's value.Cleveland Cliffs Systematic Risk
Cleveland Cliffs' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cleveland Cliffs volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Cleveland Cliffs correlated with the market. If Beta is less than 0 Cleveland Cliffs generally moves in the opposite direction as compared to the market. If Cleveland Cliffs Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cleveland Cliffs is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cleveland Cliffs is generally in the same direction as the market. If Beta > 1 Cleveland Cliffs moves generally in the same direction as, but more than the movement of the benchmark.
Cleveland Cliffs Total Assets Over Time
Cleveland Cliffs December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cleveland Cliffs help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cleveland Cliffs. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cleveland Cliffs based on widely used predictive technical indicators. In general, we focus on analyzing Cleveland Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cleveland Cliffs's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.62 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 26.14 | |||
| Value At Risk | (5.74) | |||
| Potential Upside | 5.46 |
Additional Tools for Cleveland Stock Analysis
When running Cleveland Cliffs' price analysis, check to measure Cleveland Cliffs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cleveland Cliffs is operating at the current time. Most of Cleveland Cliffs' value examination focuses on studying past and present price action to predict the probability of Cleveland Cliffs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cleveland Cliffs' price. Additionally, you may evaluate how the addition of Cleveland Cliffs to your portfolios can decrease your overall portfolio volatility.