Cleveland-Cliffs Inc (CLF)
18.55
-2.30
(-11.03%)
USD |
NYSE |
Apr 23, 16:00
18.57
+0.02
(+0.11%)
Pre-Market: 08:55
Cleveland-Cliffs Debt to Equity Ratio: 0.3977 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.3977 |
| September 30, 2023 | 0.4312 |
| June 30, 2023 | 0.5079 |
| March 31, 2023 | 0.6042 |
| December 31, 2022 | 0.5454 |
| September 30, 2022 | 0.6386 |
| June 30, 2022 | 0.6937 |
| March 31, 2022 | 0.7932 |
| December 31, 2021 | 0.9541 |
| September 30, 2021 | 1.339 |
| June 30, 2021 | 1.660 |
| March 31, 2021 | 2.400 |
| December 31, 2020 | 2.671 |
| September 30, 2020 | 5.317 |
| June 30, 2020 | 5.614 |
| March 31, 2020 | 4.824 |
| December 31, 2019 | 5.905 |
| September 30, 2019 | 5.860 |
| June 30, 2019 | 7.369 |
| March 31, 2019 | 7.975 |
| December 31, 2018 | 4.934 |
| September 30, 2018 | -26.68 |
| June 30, 2018 | -7.499 |
| March 31, 2018 | -4.759 |
| December 31, 2017 | -5.186 |
| Date | Value |
|---|---|
| September 30, 2017 | -2.027 |
| June 30, 2017 | -2.043 |
| March 31, 2017 | -1.979 |
| December 31, 2016 | -1.485 |
| September 30, 2016 | -1.422 |
| June 30, 2016 | -1.370 |
| March 31, 2016 | -1.353 |
| December 31, 2015 | -1.362 |
| September 30, 2015 | -1.409 |
| June 30, 2015 | -1.501 |
| March 31, 2015 | -1.444 |
| December 31, 2014 | -1.975 |
| September 30, 2014 | 105.77 |
| June 30, 2014 | 0.573 |
| March 31, 2014 | 0.5468 |
| December 31, 2013 | 0.5014 |
| September 30, 2013 | 0.5757 |
| June 30, 2013 | 0.5902 |
| March 31, 2013 | 0.6018 |
| December 31, 2012 | 0.8753 |
| September 30, 2012 | 0.6486 |
| June 30, 2012 | 0.6696 |
| March 31, 2012 | 0.5979 |
| December 31, 2011 | 0.6367 |
| September 30, 2011 | 0.6894 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.3977
Minimum
Dec 2023
7.369
Maximum
Jun 2019
2.554
Average
1.339
Median
Sep 2021
Debt to Equity Ratio Benchmarks
| United States Steel Corp | 0.3822 |
| Nucor Corp | 0.317 |
| Worthington Steel Inc | 0.157 |
| Steel Dynamics Inc | 0.3464 |
| Commercial Metals Co | 0.2751 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 17.54B |
| Total Liabilities (Quarterly) | 9.415B |
| Shareholders Equity (Quarterly) | 7.887B |
| Current Ratio | 1.892 |
| Net Debt Paydown Yield | 2.60% |