Cleveland Cliffs Financials

CLF Stock

USD 14.73 0.88 6.35%

Based on the key indicators related to Cleveland Cliffs' liquidity, profitability, solvency, and operating efficiency, Cleveland Cliffs is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in March. At this time, Cleveland Cliffs' Other Current Liabilities is most likely to increase significantly in the upcoming years. The Cleveland Cliffs' current Total Current Liabilities is estimated to increase to about 4 B, while Cash And Short Term Investments are projected to decrease to roughly 59 M.

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Cleveland Cliffs Balance Sheet Chart

At this time, Cleveland Cliffs' Other Current Liabilities is most likely to increase significantly in the upcoming years. The Cleveland Cliffs' current Total Current Liabilities is estimated to increase to about 4 B, while Cash And Short Term Investments are projected to decrease to roughly 59 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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Key indicators impacting Cleveland Cliffs' financial strength include:

Current Value

Last Year

Change From Last Year

10 Year Trend

Current Ratio

2.57

2.39

Significantly Up

Slightly volatile

Investors should never underestimate Cleveland Cliffs' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to research Cleveland Cliffs' cash flow, debt, and profitability to make informed and accurate decisions about investing in Cleveland Cliffs.

Cash And Equivalents

46.17 Million

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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.

Cleveland Cliffs Stock Summary

Cleveland Cliffs competes with Vista Gold, FutureFuel Corp, US Gold, Friedman Industries, and Lavoro Limited. Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company was founded in 1847 and is headquartered in Cleveland, Ohio. Cleveland Cliffs operates under Steel classification in the United States and is traded on New York Stock Exchange. It employs 27000 people.

Foreign Associate	Mexico
Specialization	Basic Materials, Materials
Instrument	USA Stock View All
Exchange	New York Stock Exchange
ISIN	US1858991011
Business Address	200 Public Square,
Sector	Metals & Mining
Industry	Materials
Benchmark	Dow Jones Industrial
Website	www.clevelandcliffs.com
Phone	216 694 5700
Currency	USD - US Dollar

Cleveland Cliffs Key Financial Ratios

	Return On Equity	-0.25
	Profit Margin	(0.09) %
	Operating Margin	(0.03) %
	Price To Sales	0.45 X
	Revenue	19.18 B

More Fundamentals

Cleveland Cliffs Key Balance Sheet Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	19.0B	18.8B	17.5B	20.9B	24.1B	25.3B
Other Current Liab	1.3B	637M	1.3B	1.2B	1.4B	1.5B
Net Debt	5.2B	4.2B	3.4B	7.7B	8.9B	9.3B
Retained Earnings	(1M)	1.3B	1.7B	979M	881.1M	925.2M
Cash	48M	26M	198M	54M	62.1M	59.0M
Net Receivables	2.2B	2.0B	1.8B	1.6B	1.8B	1.9B
Inventory	5.2B	5.1B	4.5B	5.1B	5.9B	6.2B
Other Current Assets	263M	306M	138M	183M	210.5M	221.0M
Total Liab	13.2B	10.7B	9.4B	14.1B	16.2B	17.0B
Total Current Assets	7.7B	7.4B	6.6B	6.9B	7.9B	8.3B
Short Term Debt	147M	136M	90M	113M	130.0M	92.2M
Accounts Payable	2.1B	2.2B	2.1B	2.0B	2.3B	2.4B
Other Liab	576.1M	5.4B	4.0B	2.6B	3.0B	3.1B
Other Assets	671M	1.1B	800M	1.2B	1.3B	1.4B
Long Term Debt	5.2B	4.2B	3.1B	7.1B	8.1B	8.5B
Treasury Stock	(390.7M)	(354M)	(82M)	(310M)	(279M)	(293.0M)
Intangible Assets	221M	214M	201M	1.2B	1.3B	1.4B
Good Will	1.1B	1.1B	1.0B	1.8B	2.0B	2.1B

Cleveland Cliffs Key Income Statement Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Interest Expense	337M	276M	289M	370M	425.5M	446.8M
Total Revenue	20.4B	23.0B	22.0B	19.2B	22.1B	23.2B
Gross Profit	4.5B	2.5B	1.4B	70M	80.5M	76.5M
Operating Income	4.0B	1.9B	677M	(756M)	(869.4M)	(825.9M)
Ebit	4.1B	2.1B	886M	(573M)	(659.0M)	(626.0M)
Ebitda	5.0B	3.1B	1.9B	378M	434.7M	404.8M
Cost Of Revenue	15.9B	20.5B	20.6B	19.1B	22.0B	23.1B
Income Before Tax	3.8B	1.8B	597M	(943M)	(1.1B)	(1.0B)
Net Income	3.0B	1.3B	399M	(754M)	(867.1M)	(823.7M)
Income Tax Expense	773M	423M	148M	(235M)	(270.3M)	(256.7M)
Minority Interest	45M	(41M)	(51M)	(46M)	(52.9M)	(55.5M)
Tax Provision	773M	423M	148M	(235M)	(270.3M)	(256.7M)
Interest Income	337M	276M	289M	370M	425.5M	250.7M
Net Interest Income	(337M)	(276M)	(289M)	(370M)	(333M)	(349.7M)

Cleveland Cliffs Key Cash Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Change To Inventory	(1.4B)	64M	670M	(5M)	(4.5M)	(4.7M)
Change In Cash	(64M)	(22M)	172M	(144M)	(129.6M)	(123.1M)
Free Cash Flow	2.1B	1.5B	1.6B	(590M)	(678.5M)	(644.6M)
Depreciation	897M	1.0B	973M	951M	1.1B	1.1B
Other Non Cash Items	839M	138M	56M	320M	368M	328.7M
Capital Expenditures	705M	943M	646M	695M	799.3M	839.2M
Net Income	3.0B	1.3B	398M	(754M)	(867.1M)	(823.7M)
End Period Cash Flow	48M	26M	198M	54M	62.1M	59.0M
Investments	(1.4B)	(936M)	(679M)	(3.2B)	(2.9B)	(2.7B)
Change Receivables	254.5M	(42M)	(858M)	177M	159.3M	167.3M
Net Borrowings	(319M)	(1.1B)	(1.1B)	3.9B	4.5B	4.8B
Change To Netincome	147.2M	(399M)	651M	112M	100.8M	95.8M

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 fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . At this time, Cleveland Cliffs' Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cleveland Cliffs by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Most indicators from Cleveland Cliffs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cleveland Cliffs current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cleveland Cliffs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.At this time, Cleveland Cliffs' Enterprise Value Over EBITDA is most likely to increase in the upcoming years. The Cleveland Cliffs' current Enterprise Value Multiple is estimated to increase to 30.58, while Tax Provision is forecasted to increase to (256.7 M).

	2023	2024	2025	2026 (projected)
Gross Profit	1.4B	70M	80.5M	76.5M
Total Revenue	22.0B	19.2B	22.1B	23.2B

Gross Profit Total Revenue

Cleveland Cliffs fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.89	0.91	0.94	0.92	0.93	0.9	0.64	-0.55	0.97	0.84	-0.55	0.87	0.77	0.93	0.9	0.84	-0.12	0.95	0.98	0.9	0.18	0.91	0.78	0.78	0.78
Short Long Term Debt Total	0.89		0.86	0.84	0.68	0.75	0.99	0.34	-0.46	0.85	0.87	-0.46	0.75	0.73	0.96	0.84	0.66	-0.03	0.95	0.82	0.83	0.26	0.82	0.76	0.76	0.7
Other Current Liab	0.91	0.86		0.94	0.75	0.78	0.87	0.4	-0.59	0.84	0.9	-0.59	0.9	0.81	0.92	0.91	0.66	-0.27	0.94	0.85	0.91	0.13	0.92	0.82	0.82	0.86
Total Current Liabilities	0.94	0.84	0.94		0.83	0.78	0.86	0.44	-0.61	0.85	0.87	-0.61	0.97	0.89	0.9	0.98	0.77	-0.18	0.95	0.89	0.98	0.2	0.99	0.89	0.89	0.85
Total Stockholder Equity	0.92	0.68	0.75	0.83		0.91	0.71	0.83	-0.48	0.92	0.68	-0.48	0.79	0.67	0.71	0.77	0.82	0.06	0.76	0.96	0.79	0.04	0.81	0.64	0.64	0.55
Property Plant And Equipment Net	0.93	0.75	0.78	0.78	0.91		0.77	0.8	-0.48	0.98	0.62	-0.48	0.68	0.52	0.81	0.69	0.86	-0.12	0.82	0.97	0.69	0.18	0.72	0.51	0.51	0.62
Net Debt	0.9	0.99	0.87	0.86	0.71	0.77		0.37	-0.55	0.86	0.87	-0.55	0.77	0.72	0.96	0.86	0.68	-0.04	0.95	0.84	0.84	0.22	0.84	0.76	0.76	0.71
Retained Earnings	0.64	0.34	0.4	0.44	0.83	0.8	0.37		-0.36	0.74	0.28	-0.36	0.36	0.17	0.36	0.34	0.64	0.08	0.39	0.75	0.34	-0.05	0.39	0.12	0.12	0.17
Cash	-0.55	-0.46	-0.59	-0.61	-0.48	-0.48	-0.55	-0.36		-0.51	-0.47	1.0	-0.59	-0.38	-0.53	-0.62	-0.58	0.25	-0.56	-0.54	-0.56	0.06	-0.62	-0.42	-0.42	-0.54
Non Current Assets Total	0.97	0.85	0.84	0.85	0.92	0.98	0.86	0.74	-0.51		0.74	-0.51	0.75	0.62	0.88	0.78	0.84	-0.09	0.89	0.98	0.78	0.17	0.8	0.63	0.63	0.69
Non Currrent Assets Other	0.84	0.87	0.9	0.87	0.68	0.62	0.87	0.28	-0.47	0.74		-0.47	0.86	0.89	0.87	0.92	0.54	-0.18	0.89	0.74	0.91	0.09	0.89	0.9	0.9	0.77
Cash And Short Term Investments	-0.55	-0.46	-0.59	-0.61	-0.48	-0.48	-0.55	-0.36	1.0	-0.51	-0.47		-0.59	-0.38	-0.53	-0.62	-0.58	0.25	-0.56	-0.54	-0.56	0.06	-0.62	-0.42	-0.42	-0.54
Net Receivables	0.87	0.75	0.9	0.97	0.79	0.68	0.77	0.36	-0.59	0.75	0.86	-0.59		0.93	0.81	0.98	0.73	-0.2	0.87	0.81	0.99	0.14	0.98	0.91	0.91	0.82
Common Stock Shares Outstanding	0.77	0.73	0.81	0.89	0.67	0.52	0.72	0.17	-0.38	0.62	0.89	-0.38	0.93		0.75	0.93	0.55	-0.09	0.8	0.68	0.95	0.07	0.93	0.98	0.98	0.75
Non Current Liabilities Total	0.93	0.96	0.92	0.9	0.71	0.81	0.96	0.36	-0.53	0.88	0.87	-0.53	0.81	0.75		0.88	0.73	-0.26	0.99	0.85	0.87	0.26	0.86	0.79	0.79	0.86
Inventory	0.9	0.84	0.91	0.98	0.77	0.69	0.86	0.34	-0.62	0.78	0.92	-0.62	0.98	0.93	0.88		0.71	-0.16	0.93	0.82	0.99	0.16	0.99	0.94	0.94	0.84
Other Current Assets	0.84	0.66	0.66	0.77	0.82	0.86	0.68	0.64	-0.58	0.84	0.54	-0.58	0.73	0.55	0.73	0.71		-0.22	0.76	0.86	0.72	0.34	0.72	0.5	0.5	0.62
Other Stockholder Equity	-0.12	-0.03	-0.27	-0.18	0.06	-0.12	-0.04	0.08	0.25	-0.09	-0.18	0.25	-0.2	-0.09	-0.26	-0.16	-0.22		-0.24	-0.04	-0.16	-0.18	-0.14	-0.09	-0.09	-0.57
Total Liab	0.95	0.95	0.94	0.95	0.76	0.82	0.95	0.39	-0.56	0.89	0.89	-0.56	0.87	0.8	0.99	0.93	0.76	-0.24		0.88	0.92	0.25	0.92	0.84	0.84	0.88
Property Plant And Equipment Gross	0.98	0.82	0.85	0.89	0.96	0.97	0.84	0.75	-0.54	0.98	0.74	-0.54	0.81	0.68	0.85	0.82	0.86	-0.04	0.88		0.82	0.16	0.84	0.67	0.67	0.67
Total Current Assets	0.9	0.83	0.91	0.98	0.79	0.69	0.84	0.34	-0.56	0.78	0.91	-0.56	0.99	0.95	0.87	0.99	0.72	-0.16	0.92	0.82		0.17	0.99	0.94	0.94	0.83
Short Term Debt	0.18	0.26	0.13	0.2	0.04	0.18	0.22	-0.05	0.06	0.17	0.09	0.06	0.14	0.07	0.26	0.16	0.34	-0.18	0.25	0.16	0.17		0.14	0.05	0.05	0.24
Accounts Payable	0.91	0.82	0.92	0.99	0.81	0.72	0.84	0.39	-0.62	0.8	0.89	-0.62	0.98	0.93	0.86	0.99	0.72	-0.14	0.92	0.84	0.99	0.14		0.93	0.93	0.84
Common Stock Total Equity	0.78	0.76	0.82	0.89	0.64	0.51	0.76	0.12	-0.42	0.63	0.9	-0.42	0.91	0.98	0.79	0.94	0.5	-0.09	0.84	0.67	0.94	0.05	0.93		1.0	0.8
Common Stock	0.78	0.76	0.82	0.89	0.64	0.51	0.76	0.12	-0.42	0.63	0.9	-0.42	0.91	0.98	0.79	0.94	0.5	-0.09	0.84	0.67	0.94	0.05	0.93	1.0		0.8
Other Liab	0.78	0.7	0.86	0.85	0.55	0.62	0.71	0.17	-0.54	0.69	0.77	-0.54	0.82	0.75	0.86	0.84	0.62	-0.57	0.88	0.67	0.83	0.24	0.84	0.8	0.8

Click cells to compare fundamentals

Cleveland Cliffs Account Relationship Matchups

Cleveland Cliffs fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	19.0B	18.8B	17.5B	20.9B	24.1B	25.3B
Other Current Liab	1.3B	637M	1.3B	1.2B	1.4B	1.5B
Net Debt	5.2B	4.2B	3.4B	7.7B	8.9B	9.3B
Retained Earnings	(1M)	1.3B	1.7B	979M	881.1M	925.2M
Cash	48M	26M	198M	54M	62.1M	59.0M
Net Receivables	2.2B	2.0B	1.8B	1.6B	1.8B	1.9B
Inventory	5.2B	5.1B	4.5B	5.1B	5.9B	6.2B
Other Current Assets	263M	306M	138M	183M	210.5M	221.0M
Total Liab	13.2B	10.7B	9.4B	14.1B	16.2B	17.0B
Total Current Assets	7.7B	7.4B	6.6B	6.9B	7.9B	8.3B
Short Term Debt	147M	136M	90M	113M	130.0M	92.2M
Accounts Payable	2.1B	2.2B	2.1B	2.0B	2.3B	2.4B
Other Liab	576.1M	5.4B	4.0B	2.6B	3.0B	3.1B
Other Assets	671M	1.1B	800M	1.2B	1.3B	1.4B
Long Term Debt	5.2B	4.2B	3.1B	7.1B	8.1B	8.5B
Treasury Stock	(390.7M)	(354M)	(82M)	(310M)	(279M)	(293.0M)
Intangible Assets	221M	214M	201M	1.2B	1.3B	1.4B
Good Will	1.1B	1.1B	1.0B	1.8B	2.0B	2.1B

Today, most investors in Cleveland Cliffs Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cleveland Cliffs' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cleveland Cliffs growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.024

At this time, Cleveland Cliffs' Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

Cleveland Cliffs February 8, 2026 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	4.22
	Information Ratio	0.086
	Maximum Drawdown	17.41
	Value At Risk	(5.22)
	Potential Upside	5.59

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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.

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Cleveland Cliffs Financials

Cleveland Cliffs Balance Sheet Chart

Cash And Equivalents

46.17 Million

Cleveland Cliffs Stock Summary

Cleveland Cliffs Key Financial Ratios

Cleveland Cliffs Key Balance Sheet Accounts

Cleveland Cliffs Key Income Statement Accounts

Cleveland Cliffs Key Cash Accounts

Cleveland Financial Ratios Relationships

Cleveland Cliffs fundamental ratios Correlations

Cleveland Cliffs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cleveland Cliffs fundamental ratios Accounts

Price Earnings To Growth Ratio

0.024

Cleveland Cliffs February 8, 2026 Opportunity Range

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COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Net Debt	+ 0.99	Short Long Term Debt Total
Accounts Payable	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Net Receivables
Total Liab	+ 0.99	Non Current Liabilities Total

Accounts Payable	- 0.62	Cash And Short Term Investments
Inventory	- 0.62	Cash And Short Term Investments
Accounts Payable	- 0.62	Cash
Inventory	- 0.62	Cash
Cash And Short Term Investments	- 0.61	Total Current Liabilities
Cash	- 0.61	Total Current Liabilities