Cleveland-Cliffs Inc. (CLF)
Cleveland-Cliffs Statistics
Share Statistics
Cleveland-Cliffs has 494.49M shares outstanding. The number of shares has increased by 4% in one year.
| Shares Outstanding | 494.49M |
| Shares Change (YoY) | 4% |
| Shares Change (QoQ) | 0.11% |
| Owned by Institutions (%) | 76.61% |
| Shares Floating | 485.54M |
| Failed to Deliver (FTD) Shares | 42.21K |
| FTD / Avg. Volume | 0.19% |
Short Selling Information
The latest short interest is 68.63M, so 13.88% of the outstanding shares have been sold short.
| Short Interest | 68.63M |
| Short % of Shares Out | 13.88% |
| Short % of Float | 17.79% |
| Short Ratio (days to cover) | 2.51 |
Valuation Ratios
The PE ratio is -5.98 and the forward PE ratio is 16.84. Cleveland-Cliffs's PEG ratio is 0.02.
| PE Ratio | -5.98 |
| Forward PE | 16.84 |
| PS Ratio | 0.24 |
| Forward PS | 0.2 |
| PB Ratio | 0.68 |
| P/FCF Ratio | -7.65 |
| PEG Ratio | 0.02 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Cleveland-Cliffs.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.08, with a Debt / Equity ratio of 1.06.
| Current Ratio | 2.08 |
| Quick Ratio | 0.55 |
| Debt / Equity | 1.06 |
| Debt / EBITDA | 18.69 |
| Debt / FCF | -11.97 |
| Interest Coverage | -2.04 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $639.5K |
| Profits Per Employee | $-25.13K |
| Employee Count | 30,000 |
| Asset Turnover | 0.92 |
| Inventory Turnover | 3.75 |
Taxes
| Income Tax | -235M |
| Effective Tax Rate | 24.92% |
Stock Price Statistics
The stock price has increased by -50.6% in the last 52 weeks. The beta is 1.92, so Cleveland-Cliffs's price volatility has been higher than the market average.
| Beta | 1.92 |
| 52-Week Price Change | -50.6% |
| 50-Day Moving Average | 8.96 |
| 200-Day Moving Average | 11.34 |
| Relative Strength Index (RSI) | 51.95 |
| Average Volume (20 Days) | 21.87M |
Income Statement
In the last 12 months, Cleveland-Cliffs had revenue of 19.18B and earned -754M in profits. Earnings per share was -1.61.
| Revenue | 19.18B |
| Gross Profit | 70M |
| Operating Income | -756M |
| Net Income | -754M |
| EBITDA | 378M |
| EBIT | -573M |
| Earnings Per Share (EPS) | -1.61 |
Balance Sheet
The company has 54M in cash and 7.07B in debt, giving a net cash position of -7.01B.
| Cash & Cash Equivalents | 54M |
| Total Debt | 7.07B |
| Net Cash | -7.01B |
| Retained Earnings | 979M |
| Total Assets | 20.95B |
| Working Capital | 3.58B |
Cash Flow
In the last 12 months, operating cash flow was 105M and capital expenditures -695M, giving a free cash flow of -590M.
| Operating Cash Flow | 105M |
| Capital Expenditures | -695M |
| Free Cash Flow | -590M |
| FCF Per Share | -1.23 |
Margins
Gross margin is 0.36%, with operating and profit margins of -3.94% and -3.93%.
| Gross Margin | 0.36% |
| Operating Margin | -3.94% |
| Pretax Margin | -4.92% |
| Profit Margin | -3.93% |
| EBITDA Margin | 1.97% |
| EBIT Margin | -3.94% |
| FCF Margin | -3.08% |
Dividends & Yields
CLF pays an annual dividend of $0.29, which amounts to a dividend yield of 6.42%.
| Dividend Per Share | $0.29 |
| Dividend Yield | 6.42% |
| Dividend Growth (YoY) | 20% |
| Payout Ratio | -18.47% |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for CLF is $15, which is 81.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $15 |
| Price Target Difference | 81.8% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
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 | 1.3 |
| Piotroski F-Score | 4 |