Debt-to-equity of CLEVELAND-CLIFFS INC. from 31 Mar 2011 to 30 Sep 2025

Taxonomy & unit
ratio: %
Description
Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary
CLEVELAND-CLIFFS INC. quarterly Debt-to-equity in % history and change rate from 31 Mar 2011 to 30 Sep 2025.
  • CLEVELAND-CLIFFS INC. Debt-to-equity for the quarter ending 30 Sep 2025 was 238%, a 79% increase year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Change (%)

CLEVELAND-CLIFFS INC. Quarterly Debt-to-equity (%)

Period Value YoY Chg Change % Date
Q3 2025 238% +105% +79% 30 Sep 2025
Q2 2025 206% +78% +61% 30 Jun 2025
Q1 2025 178% +51% +40% 31 Mar 2025
Q4 2024 155% +26% +20% 31 Dec 2024
Q3 2024 132% -1% -0.89% 30 Sep 2024
Q2 2024 128% -19% -13% 30 Jun 2024
Q1 2024 127% -35% -21% 31 Mar 2024
Q4 2023 129% -48% -27% 31 Dec 2023
Q3 2023 134% -69% -34% 30 Sep 2023
Q2 2023 147% -89% -38% 30 Jun 2023
Q1 2023 162% -119% -42% 31 Mar 2023
Q4 2022 177% -182% -51% 31 Dec 2022
Q3 2022 203% -267% -57% 30 Sep 2022
Q2 2022 236% -335% -59% 30 Jun 2022
Q1 2022 281% -421% -60% 31 Mar 2022
Q4 2021 359% -439% -55% 31 Dec 2021
Q3 2021 470% -422% -47% 30 Sep 2021
Q2 2021 571% -312% -35% 30 Jun 2021
Q1 2021 702% -193% -22% 31 Mar 2021
Q4 2020 798% -185% -19% 31 Dec 2020
Q3 2020 892% -38% -4.1% 30 Sep 2020
Q2 2020 884% -525% -37% 30 Jun 2020
Q1 2020 895% -3440% -79% 31 Mar 2020
Q4 2019 982% +3855% 31 Dec 2019
Q3 2019 931% +1938% 30 Sep 2019
Q2 2019 1408% +2030% 30 Jun 2019
Q1 2019 4335% +4813% 31 Mar 2019
Q4 2018 -2873% -2476% -625% 31 Dec 2018
Q3 2018 -1007% -718% -248% 30 Sep 2018
Q2 2018 -622% -368% -145% 30 Jun 2018
Q1 2018 -478% -256% -115% 31 Mar 2018
Q4 2017 -396% -194% -96% 31 Dec 2017
Q3 2017 -289% -92% -47% 30 Sep 2017
Q2 2017 -254% -56% -28% 30 Jun 2017
Q1 2017 -222% -15% -7.4% 31 Mar 2017
Q4 2016 -202% +13% +5.8% 31 Dec 2016
Q3 2016 -197% +46% +19% 30 Sep 2016
Q2 2016 -198% +153% +44% 30 Jun 2016
Q1 2016 -207% -991% -126% 31 Mar 2016
Q4 2015 -215% -426% -202% 31 Dec 2015
Q3 2015 -244% -375% -285% 30 Sep 2015
Q2 2015 -352% -458% -429% 30 Jun 2015
Q1 2015 784% +673% +607% 31 Mar 2015
Q4 2014 211% +97% +84% 31 Dec 2014
Q3 2014 132% +2% +1.3% 30 Sep 2014
Q2 2014 107% -24% -18% 30 Jun 2014
Q1 2014 111% -20% -15% 31 Mar 2014
Q4 2013 115% -15% -12% 31 Dec 2013
Q3 2013 130% +7% +5.7% 30 Sep 2013
Q2 2013 131% +7% +5.7% 30 Jun 2013
Q1 2013 130% +5% +3.6% 31 Mar 2013
Q4 2012 130% +6% +5.1% 31 Dec 2012
Q3 2012 123% +5% +4.1% 30 Sep 2012
Q2 2012 124% +10% +9.2% 30 Jun 2012
Q1 2012 126% +24% +23% 31 Mar 2012
Q4 2011 124% 31 Dec 2011
Q3 2011 118% 30 Sep 2011
Q2 2011 113% 30 Jun 2011
Q1 2011 102% 31 Mar 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.