Cleveland-Cliffs Statistics
Share Statistics
Cleveland-Cliffs has 493.94M shares outstanding. The number of shares has increased by -7.29% in one year.
| Shares Outstanding | 493.94M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -1.56% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 483.39M |
| Failed to Deliver (FTD) Shares | 109.33K |
| FTD / Avg. Volume | 0.84% |
Short Selling Information
The latest short interest is 41.49M, so 8.4% of the outstanding shares have been sold short.
| Short Interest | 41.49M |
| Short % of Shares Out | 8.4% |
| Short % of Float | 8.58% |
| Short Ratio (days to cover) | 4.34 |
Valuation Ratios
The PE ratio is 26.1 and the forward PE ratio is 30.72. Cleveland-Cliffs 's PEG ratio is 0.44.
| PE Ratio | 26.1 |
| Forward PE | 30.72 |
| PS Ratio | 0.47 |
| Forward PS | 0.3 |
| PB Ratio | 1.32 |
| P/FCF Ratio | 6.42 |
| PEG Ratio | 0.44 |
Enterprise Valuation
Cleveland-Cliffs Inc. has an Enterprise Value (EV) of 13.35B.
| EV / Earnings | 33.47 |
| EV / Sales | 0.61 |
| EV / EBITDA | 7.18 |
| EV / EBIT | 19.72 |
| EV / FCF | 8.24 |
Financial Position
The company has a current ratio of 1.89, with a Debt / Equity ratio of 0.4.
| Current Ratio | 1.89 |
| Quick Ratio | 0.62 |
| Debt / Equity | 0.4 |
| Total Debt / Capitalization | 28.46 |
| Cash Flow / Debt | 0.72 |
| Interest Coverage | 2.34 |
Financial Efficiency
Return on equity (ROE) is 0.05% and return on capital (ROIC) is 4.52%.
| Return on Equity (ROE) | 0.05% |
| Return on Assets (ROA) | 0.02% |
| Return on Capital (ROIC) | 4.52% |
| Revenue Per Employee | 733.20K |
| Profits Per Employee | 13.30K |
| Employee Count | 30.00K |
| Asset Turnover | 1.25 |
| Inventory Turnover | 4.62 |
Taxes
| Income Tax | 148.00M |
| Effective Tax Rate | 0.25 |
Stock Price Statistics
The stock price has increased by -45.35% in the last 52 weeks. The beta is 1.97, so Cleveland-Cliffs 's price volatility has been higher than the market average.
| Beta | 1.97 |
| 52-Week Price Change | -45.35% |
| 50-Day Moving Average | 12.62 |
| 200-Day Moving Average | 15.46 |
| Relative Strength Index (RSI) | 37.09 |
| Average Volume (20 Days) | 12.95M |
Income Statement
In the last 12 months, Cleveland-Cliffs had revenue of $22.00B and earned $399.00M in profits. Earnings per share was $0.78.
| Revenue | 22.00B |
| Gross Profit | 1.39B |
| Operating Income | 677.00M |
| Net Income | 399.00M |
| EBITDA | 1.86B |
| EBIT | 677.00M |
| Earnings Per Share (EPS) | 0.78 |
Balance Sheet
The company has $198.00M in cash and $3.14B in debt, giving a net cash position of -$2.94B.
| Cash & Cash Equivalents | 198.00M |
| Total Debt | 3.14B |
| Net Cash | -2.94B |
| Retained Earnings | 1.73B |
| Total Assets | 16.80B |
| Working Capital | 2.77B |
Cash Flow
In the last 12 months, operating cash flow was $2.27B and capital expenditures -$646.00M, giving a free cash flow of $1.62B.
| Operating Cash Flow | 2.27B |
| Capital Expenditures | -646.00M |
| Free Cash Flow | 1.62B |
| FCF Per Share | 3.18 |
Margins
Gross margin is 6.32%, with operating and profit margins of 3.08% and 1.81%.
| Gross Margin | 6.32% |
| Operating Margin | 3.08% |
| Pretax Margin | 2.71% |
| Profit Margin | 1.81% |
| EBITDA Margin | 8.45% |
| EBIT Margin | 3.08% |
| FCF Margin | 7.37% |
Dividends & Yields
CLF does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 7.63% |
| FCF Yield | 32.1% |
Analyst Forecast
The average price target for CLF is $16.5, which is 61.4% higher than the current price. The consensus rating is "Hold".
| Price Target | $16.5 |
| Price Target Difference | 61.4% |
| Analyst Consensus | Hold |
| Analyst Count | 12 |
Stock Splits
The last stock split was on May 16, 2008. It was a forward split with a ratio of 2:1.
| Last Split Date | May 16, 2008 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 1.87 |
| Piotroski F-Score | 3 |