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Cleveland cliffs Inc   (CLF)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials

Cleveland Cliffs Inc 's Tangible Leverage Ratio

CLF's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Due to repayements of liabilities of -10.24% Cleveland Cliffs Inc improved Tangible Leverage Ratio in forth quarter 2023 to 1.27, below the company's average Tangible Leverage Ratio.

Within Metal Mining industry in the forth quarter 2023, 2 other companies have achieved lower Tangible Leverage Ratio than Cleveland Cliffs Inc in the IV Quarter 2023. While Tangible Leverage Ratio total ranking has improved so far in the forth quarter 2023 to 195, from total ranking in the third quarter 2023 at 2029 .

Explain Tangible Leverage Ratio?
What is CLF Market Share?
What are CLF´s Total Liabilities?


CLF Tangible Leverage Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity Change 2.97 % 16.44 % 18.29 % 21.57 % 48.39 %
Y / Y Total Liabilities Change -17.81 % -20.83 % -21.1 % -17.3 % -18.69 %
Tangible Leverage Ratio MRQ 1.27 1.41 1.52 1.67 1.59
CLF's Total Ranking # 195 # 2029 # 2255 # 2142 # 525
Seq. Tangible Equity Change -0.24 % 3.18 % 3.77 % -3.6 % 12.81 %
Seq. Total Liabilities Change -10.24 % -4.4 % -5.45 % 1.3 % -13.53 %



Tangible Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Metal Mining Industry # 3
Basic Materials Sector # 18
Overall Market # 195


Tangible Leverage Ratio Statistics
High Average Low
155.72 6.33 0.83
(Sep. 30, 2014)   (Dec. 31, 2009)




Financial Statements
Cleveland Cliffs Inc 's Tangible Equity $ 7,117 Millions Visit CLF's Balance sheet
Cleveland Cliffs Inc 's Total Liabilities $ 9,011 Millions Visit CLF's Balance sheet
Source of CLF's Sales Visit CLF's Sales by Geography


Cumulative Cleveland Cliffs Inc 's Tangible Leverage Ratio

CLF's Tangible Leverage Ratio for the trailling 12 Months

CLF Tangible Leverage Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity TTM Growth 2.97 % 16.44 % 18.29 % 21.57 % 48.39 %
Y / Y Total Liabilities TTM Growth -17.81 % -20.83 % -21.1 % -17.3 % -18.69 %
Tangible Leverage Ratio TTM 1.46 1.54 1.7 1.88 2.07
Total Ranking TTM # 8 # 85 # 9 # 6 # 95
Seq. Tangible Equity TTM Growth -0.24 % 3.18 % 3.77 % -3.6 % 12.81 %
Seq. Total Liabilities TTM Growth -10.24 % -4.4 % -5.45 % 1.3 % -13.53 %


On the trailing twelve months basis Due to repayements of liabilities of -10.24% Cleveland Cliffs Inc decreased Tangible Leverage Ratio in the 12 months ending in IV Quarter 2023 to 1.46, below the company's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Metal Mining industry CLF recorded the lowest Tangible Leverage Ratio. While Tangible Leverage Ratio total ranking has improved so far to 8, from total ranking in previous 12 month period at 85.

Explain Tangible Leverage Ratio?
What is CLF Market Share?
What are CLF´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 1
Basic Materials Sector # 2
Within the Market # 8


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
30.51 2.18 0
(Mar 31 2019)   (Dec 31 2013)




Companies with similar Tangible Leverage Ratio in the quarter ending Dec 31 2023, within Metal Mining Industry Tangible Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Tangible Equity
Golden Minerals Company  1.92 $ 9.797  Millions$ 5.113  Millions
New Gold Inc   1.90 $ 1,496.800  Millions$ 789.200  Millions
Freeport mcmoran Inc   1.31 $ 35,813.000  Millions$ 27,310.000  Millions
Cleveland cliffs Inc   1.27 $ 9,011.000  Millions$ 7,117.000  Millions
Southern Copper Corp  1.14 $ 8,411.400  Millions$ 7,351.000  Millions
Newmont Corporation  1.01 $ 26,479.000  Millions$ 26,204.000  Millions
Iamgold Corporation  1.00 $ 2,273.800  Millions$ 2,264.100  Millions
Rise Gold Corp   0.93 $ 2.579  Millions$ 2.778  Millions
Ero Copper Corp  0.87 $ 702.357  Millions$ 809.331  Millions
Verde Resources Inc   0.83 $ 2.830  Millions$ 3.394  Millions
Vista Gold Corp   0.80 $ 3.983  Millions$ 4.951  Millions
Ur energy Inc   0.79 $ 59.246  Millions$ 74.870  Millions
Equinox Gold Corp   0.78 $ 1,907.916  Millions$ 2,442.461  Millions
Mp Materials Corp   0.72 $ 970.673  Millions$ 1,356.898  Millions
Kinross Gold Corporation  0.70 $ 4,357.600  Millions$ 6,185.700  Millions
I 80 Gold Corp   0.70 $ 297.429  Millions$ 426.264  Millions
Agnico Eagle Mines Limited  0.61 $ 9,262.034  Millions$ 15,265.243  Millions
Enertopia Corp   0.51 $ 0.317  Millions$ 0.617  Millions
Barrick Gold Corp  0.49 $ 13,809.000  Millions$ 28,421.000  Millions
Coeur Mining Inc   0.48 $ 492.672  Millions$ 1,023.903  Millions
Cameco Corporation  0.39 $ 1,797.294  Millions$ 4,668.241  Millions
Orla Mining Ltd   0.34 $ 135.237  Millions$ 400.541  Millions
Ssr Mining Inc   0.33 $ 1,430.142  Millions$ 4,304.203  Millions
Emx Royalty Corporation  0.32 $ 38.133  Millions$ 120.435  Millions
Idaho Strategic Resources Inc   0.30 $ 6.137  Millions$ 20.536  Millions
New Found Gold Corp   0.29 $ 14.613  Millions$ 50.175  Millions
Ivanhoe Electric Inc   0.28 $ 103.828  Millions$ 376.158  Millions

Date modified: 2024-02-09T00:13:43+00:00



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