Cleveland Cliffs Inc. financial data

Symbol
CLF on NYSE
Industry
Metal Mining
Location
200 Public Square, Ste. 3300, Cleveland, OH
State of incorporation
OH
Fiscal year end
December 31
Former names
CLIFFS NATURAL RESOURCES INC. (to 8/14/2017)
Latest financial report
10-K - Q4 2024 - Feb 25, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 193 % -6.6%
Quick Ratio 135 % -1.13%
Debt-to-equity 155 % +20%
Return On Equity -10.5 % -311%
Return On Assets -4.19 % -290%
Operating Margin -3.94 % -228%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 494M shares +4%
Common Stock, Shares, Outstanding 494M shares -2.17%
Entity Public Float 7.08B USD -15.7%
Weighted Average Number of Shares Outstanding, Basic 480M shares -5.88%
Weighted Average Number of Shares Outstanding, Diluted 480M shares -6.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 19.2B USD -12.8%
Costs and Expenses 19.9B USD -6.46%
Operating Income (Loss) -756M USD -212%
Nonoperating Income (Expense) -187M USD -134%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -943M USD -258%
Income Tax Expense (Benefit) -235M USD -259%
Net Income (Loss) Attributable to Parent -754M USD -289%
Earnings Per Share, Basic -1.57 USD/shares -301%
Earnings Per Share, Diluted -1.57 USD/shares -301%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 54M USD -72.7%
Accounts Receivable, after Allowance for Credit Loss, Current 1.58B USD -14.3%
Inventory, Net 5.09B USD +14.2%
Other Assets, Current 183M USD +32.6%
Assets, Current 6.91B USD +4.08%
Property, Plant and Equipment, Net 9.94B USD +11.8%
Operating Lease, Right-of-Use Asset 351M USD +53.9%
Intangible Assets, Net (Excluding Goodwill) 1.17B USD +482%
Goodwill 1.77B USD +75.9%
Other Assets, Noncurrent 733M USD +55.6%
Assets 20.9B USD +19.4%
Accounts Payable, Current 2.01B USD -4.34%
Employee-related Liabilities, Current 447M USD -12.5%
Accrued Liabilities, Current 375M USD -1.32%
Liabilities, Current 3.32B USD -5.3%
Operating Lease, Liability, Noncurrent 275M USD +39.6%
Other Liabilities, Noncurrent 1.45B USD +93%
Liabilities 14.1B USD +49.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.54B USD -7.24%
Retained Earnings (Accumulated Deficit) 979M USD -43.5%
Stockholders' Equity Attributable to Parent 6.66B USD -15.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 6.9B USD -15.1%
Liabilities and Equity 20.9B USD +19.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 142M USD
Net Cash Provided by (Used in) Financing Activities -131M USD -151%
Net Cash Provided by (Used in) Investing Activities -179M USD +3.24%
Common Stock, Shares Authorized 1.2B shares 0%
Common Stock, Shares, Issued 531M shares 0%
Common Stock, Par or Stated Value Per Share 0.13 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -168M USD -609%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 60M USD -69.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 53M USD -32.9%
Deferred Tax Assets, Valuation Allowance 388M USD -2.02%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.11B USD +14.6%
Operating Lease, Liability 325M USD +36.6%
Depreciation 903M USD -3.11%
Payments to Acquire Property, Plant, and Equipment 182M USD -3.19%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -874M USD -487%
Lessee, Operating Lease, Liability, to be Paid 459M USD +38.7%
Property, Plant and Equipment, Gross 14.8B USD +14.3%
Operating Lease, Liability, Current 50M USD +22%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure -12.5%
Deferred Income Tax Expense (Benefit) -4M USD -107%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 134M USD +44.1%
Deferred Tax Assets, Operating Loss Carryforwards 589M USD +51%
Unrecognized Tax Benefits 121M USD +59.2%
Additional Paid in Capital 4.76B USD -2.12%
Amortization of Intangible Assets 24M USD +84.6%
Depreciation, Depletion and Amortization 951M USD -2.26%
Deferred Tax Assets, Net of Valuation Allowance 726M USD +26%