Cleveland Cliffs Number Of Shares Shorted vs. EBITDA
| CLF Stock | USD 12.14 0.09 0.75% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0601 | 0.0632 |
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For Cleveland Cliffs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cleveland Cliffs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cleveland Cliffs utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cleveland Cliffs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cleveland Cliffs over time as well as its relative position and ranking within its peers.
Cleveland |
Cleveland Cliffs' Revenue Breakdown by Earning Segment
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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.
Cleveland Cliffs EBITDA vs. Number Of Shares Shorted Fundamental Analysis
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. Cleveland Cliffs is number one stock in number of shares shorted category among its peers. It is rated below average in ebitda category among its peers totaling about 43.82 of EBITDA per Number Of Shares Shorted. At this time, Cleveland Cliffs' EBITDA is most likely to increase significantly 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.Cleveland EBITDA vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Cleveland Cliffs |
| = | 42.42 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Cleveland Cliffs |
| = | 1.86 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Cleveland EBITDA Comparison
Cleveland Cliffs is currently under evaluation in ebitda category among its peers.
Cleveland Cliffs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cleveland Cliffs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cleveland Cliffs will eventually generate negative long term returns. The profitability progress is the general direction of Cleveland Cliffs' change in net profit over the period of time. It can combine multiple indicators of Cleveland Cliffs, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.7 B | 1.7 B | |
| Operating Income | 677 M | 710.9 M | |
| Income Before Tax | 597 M | 626.9 M | |
| Total Other Income Expense Net | -80 M | -84 M | |
| Net Income | 450 M | 472.5 M | |
| Income Tax Expense | 148 M | 155.4 M | |
| Net Income Applicable To Common Shares | 1.5 B | 1.6 B | |
| Net Income From Continuing Ops | 449 M | 471.4 M | |
| Non Operating Income Net Other | 152.9 M | 160.6 M | |
| Interest Income | 317.4 M | 222.8 M | |
| Net Interest Income | -289 M | -303.4 M | |
| Change To Netincome | 100.8 M | 95.8 M | |
| Net Income Per Share | 0.78 | 0.82 | |
| Income Quality | 5.04 | 5.29 | |
| Net Income Per E B T | 0.67 | 0.66 |
Cleveland Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cleveland Cliffs. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cleveland Cliffs position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cleveland Cliffs' important profitability drivers and their relationship over time.
Use Cleveland Cliffs in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cleveland Cliffs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cleveland Cliffs will appreciate offsetting losses from the drop in the long position's value.Cleveland Cliffs Pair Trading
Cleveland Cliffs Pair Trading Analysis
The ability to find closely correlated positions to Cleveland Cliffs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cleveland Cliffs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cleveland Cliffs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cleveland Cliffs to buy it.
The correlation of Cleveland Cliffs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cleveland Cliffs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cleveland Cliffs moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cleveland Cliffs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Cleveland Cliffs position
In addition to having Cleveland Cliffs in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Domestic and international airlines and airline services. The Airlines theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Airlines Theme or any other thematic opportunities.
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Check out Trending Equities. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
To fully project Cleveland Cliffs' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cleveland Cliffs at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Cleveland Cliffs' income statement, its balance sheet, and the statement of cash flows.