Cleveland Cliffs Stock Net Asset
| CLF Stock | USD 12.46 0.58 4.88% |
Cleveland Cliffs fundamentals help investors to digest information that contributes to Cleveland Cliffs' financial success or failures. It also enables traders to predict the movement of Cleveland Stock. The fundamental analysis module provides a way to measure Cleveland Cliffs' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cleveland Cliffs stock.
Cleveland | Net Asset |
Cleveland Cliffs Company Net Asset Analysis
Cleveland Cliffs' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Cleveland Cliffs Net Asset | 17.54 B |
Most of Cleveland Cliffs' fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cleveland Cliffs is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cleveland Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Cleveland Cliffs is extremely important. It helps to project a fair market value of Cleveland Stock properly, considering its historical fundamentals such as Net Asset. Since Cleveland Cliffs' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cleveland Cliffs' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cleveland Cliffs' interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Cleveland Total Assets
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Based on the recorded statements, Cleveland Cliffs has a Net Asset of 17.54 B. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The net asset for all United States stocks is notably lower than that of the firm.
Cleveland Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cleveland Cliffs' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cleveland Cliffs could also be used in its relative valuation, which is a method of valuing Cleveland Cliffs by comparing valuation metrics of similar companies.Cleveland Cliffs is currently under evaluation in net asset category among its peers.
Cleveland Cliffs ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cleveland Cliffs' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cleveland Cliffs' managers, analysts, and investors.Environmental | Governance | Social |
Cleveland Cliffs Institutional Holders
Institutional Holdings refers to the ownership stake in Cleveland Cliffs that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cleveland Cliffs' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cleveland Cliffs' value.| Shares | Fisher Asset Management, Llc | 2024-09-30 | 5.4 M | Charles Schwab Investment Management Inc | 2024-09-30 | 3.8 M | Neuberger Berman Group Llc | 2024-06-30 | 3.7 M | Amvescap Plc. | 2024-06-30 | 3.5 M | Millennium Management Llc | 2024-06-30 | 3.4 M | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 3.2 M | Drexel Morgan & Company, Llc | 2024-09-30 | 3.2 M | Northern Trust Corp | 2024-09-30 | 3.2 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 3.1 M | Blackrock Inc | 2024-06-30 | 51.4 M | Vanguard Group Inc | 2024-09-30 | 46.2 M |
Cleveland Fundamentals
| Return On Equity | -0.0537 | ||||
| Return On Asset | 0.005 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 9.49 B | ||||
| Shares Outstanding | 493.94 M | ||||
| Shares Owned By Insiders | 1.60 % | ||||
| Shares Owned By Institutions | 70.85 % | ||||
| Number Of Shares Shorted | 41.49 M | ||||
| Price To Earning | 3.23 X | ||||
| Price To Book | 0.84 X | ||||
| Price To Sales | 0.29 X | ||||
| Revenue | 22 B | ||||
| Gross Profit | 2.52 B | ||||
| EBITDA | 1.86 B | ||||
| Net Income | 450 M | ||||
| Cash And Equivalents | 26 M | ||||
| Cash Per Share | 0.11 X | ||||
| Total Debt | 3.14 B | ||||
| Debt To Equity | 0.61 % | ||||
| Current Ratio | 2.33 X | ||||
| Book Value Per Share | 14.64 X | ||||
| Cash Flow From Operations | 2.27 B | ||||
| Short Ratio | 4.34 X | ||||
| Earnings Per Share | (0.94) X | ||||
| Price To Earnings To Growth | (0.22) X | ||||
| Target Price | 14.83 | ||||
| Number Of Employees | 30 K | ||||
| Beta | 1.97 | ||||
| Market Capitalization | 5.87 B | ||||
| Total Asset | 17.54 B | ||||
| Retained Earnings | 1.73 B | ||||
| Working Capital | 3.13 B | ||||
| Current Asset | 982.7 M | ||||
| Current Liabilities | 581.7 M | ||||
| Net Asset | 17.54 B |
About Cleveland Cliffs Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cleveland Cliffs's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cleveland Cliffs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cleveland Cliffs based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Cleveland Cliffs is a strong investment it is important to analyze Cleveland Cliffs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cleveland Cliffs' future performance. For an informed investment choice regarding Cleveland Stock, refer to the following important reports:Check out Cleveland Cliffs Piotroski F Score and Cleveland Cliffs Altman Z Score analysis. For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cleveland Cliffs. If investors know Cleveland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cleveland Cliffs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share (0.94) | Revenue Per Share 41.222 | Quarterly Revenue Growth (0.18) | Return On Assets 0.005 |
The market value of Cleveland Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleveland Cliffs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.