Cleveland-Cliffs
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Cleveland-Cliffs's balance sheet done over the years? Its assets were worth $17,537,000,000 last year, which is less than in the previous period. 54% of Cleveland-Cliffs’s total assets is currently financed by debt. Its liabilities reached the amount of $9,415,000,000, which means an decrease by -12% compared compared to last year.
Debt to Assets
| 2014 | 3199200000 | 4.89B | 153.11% |
|---|---|---|---|
| 2015 | 2134500000 | 3.94B | 184.87% |
| 2016 | 1923900000 | 3.25B | 169.16% |
| 2017 | 2953400000 | 3.38B | 114.77% |
| 2018 | 3529600000 | 3.10B | 87.98% |
| 2019 | 3503800000 | 3.14B | 89.79% |
| 2020 | 16771000000 | 14.43B | 86.04% |
| 2021 | 18975000000 | 13.20B | 69.57% |
| 2022 | 18755000000 | 10.71B | 57.12% |
| 2023 | 17537000000 | 9.41B | 53.69% |
CLF Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 198M | 26M | 48M | 112M | 352.6M | 823.2M | 1.00B | 323.4M | 285.2M | 290.9M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 91.5M | 37.9M | 0 | 0 | 0 |
Net receivables | 1.84B | 1.96B | 2.15B | 1.19B | 152.6M | 344M | 106.7M | 177.3M | 115.2M | 122.7M |
Inventory | 4.46B | 5.13B | 5.18B | 3.82B | 317.4M | 181.1M | 277.3M | 269.8M | 440M | 521.9M |
Other current assets | 138M | 306M | 263M | 165M | 29.5M | 27.4M | 194.5M | 54.1M | 142.3M | 519.5M |
Total current assets | 6.63B | 7.42B | 7.65B | 5.29B | 897.9M | 1.47B | 1.54B | 824.6M | 979.1M | 1.45B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 8.89B | 9.07B | 9.18B | 8.74B | 1.92B | 1.28B | 1.05B | 984.4M | 1.05B | 1.41B |
Goodwill | 1.00B | 1.13B | 1.11B | 1.40B | 2M | 0 | 0 | 2M | 0 | 0 |
Intangible assets | 201M | 214M | 221M | 188M | 48M | 0 | 52.3M | 53.8M | 58.2M | 62.7M |
Long term investments | 123M | 133M | 128M | 105M | 62.7M | 0 | 0 | 0 | -58.2M | -62.7M |
Other non-current assets | 677M | 410M | 1.02B | 682M | 217.4M | 299.2M | 305.5M | 61.1M | 93.8M | 165.4M |
Total non-current assets | 10.90B | 11.33B | 11.32B | 11.47B | 2.60B | 2.05B | 1.40B | 1.09B | 1.15B | 1.74B |
Total assets | 17.53B | 18.75B | 18.97B | 16.77B | 3.50B | 3.52B | 2.95B | 1.92B | 2.13B | 3.19B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 590M | 25M | 7M | 22.1M | 12.8M | 12.8M | 16.4M | 12.8M | 12.8M |
Short term debt | 0 | 136M | 147M | 144M | -22.1M | 35.5M | 0 | 17.5M | 0 | 41.3M |
Total current liabilities | 3.50B | 3.54B | 3.56B | 2.92B | 409.4M | 468.2M | 452.2M | 391.1M | 578M | 965.8M |
| Non-current liabilities: | ||||||||||
Long term debt | 3.5B | 4.24B | 5.23B | 5.39B | 2.11B | 2.09B | 2.35B | 2.17B | 2.69B | 2.96B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.76B | 2.32B | 4.40B | 6.11B | 446.5M | 115.3M | 588.2M | 213.8M | 588.9M | 836.1M |
Total non-current liabilities | 5.90B | 7.16B | 9.64B | 11.50B | 2.73B | 2.63B | 2.93B | 2.86B | 3.36B | 3.93B |
Total liabilities | 9.41B | 10.71B | 13.20B | 14.43B | 3.14B | 3.10B | 3.38B | 3.25B | 3.94B | 4.89B |
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