Company Quick10K Filing
Cleveland-Cliffs
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 298 $3,105
10-Q 2019-10-23 Quarter: 2019-09-30
10-Q 2019-07-19 Quarter: 2019-06-30
10-Q 2019-04-25 Quarter: 2019-03-31
10-K 2019-02-08 Annual: 2018-12-31
10-Q 2018-10-19 Quarter: 2018-09-30
10-Q 2018-07-24 Quarter: 2018-06-30
10-Q 2018-04-24 Quarter: 2018-03-31
10-K 2018-02-14 Annual: 2017-12-31
10-Q 2017-10-23 Quarter: 2017-09-30
10-Q 2017-07-27 Quarter: 2017-06-30
10-Q 2017-04-27 Quarter: 2017-03-31
10-K 2017-02-09 Annual: 2016-12-31
10-Q 2016-10-27 Quarter: 2016-09-30
10-Q 2016-07-28 Quarter: 2016-06-30
10-Q 2016-04-28 Quarter: 2016-03-31
10-K 2016-02-24 Annual: 2015-12-31
10-Q 2015-10-29 Quarter: 2015-09-30
10-Q 2015-07-29 Quarter: 2015-06-30
10-Q 2015-05-06 Quarter: 2015-03-31
10-K 2015-02-25 Annual: 2014-12-31
10-Q 2014-11-07 Quarter: 2014-09-30
10-Q 2014-07-24 Quarter: 2014-06-30
10-Q 2014-04-25 Quarter: 2014-03-31
10-K 2014-02-14 Annual: 2013-12-31
10-Q 2013-10-25 Quarter: 2013-09-30
10-Q 2013-07-26 Quarter: 2013-06-30
10-Q 2013-04-25 Quarter: 2013-03-31
10-K 2013-02-12 Annual: 2012-12-31
10-Q 2012-10-25 Quarter: 2012-09-30
10-Q 2012-07-26 Quarter: 2012-06-30
10-Q 2012-04-26 Quarter: 2012-03-31
10-K 2012-02-16 Annual: 2011-12-31
10-Q 2011-11-01 Quarter: 2011-09-30
10-Q 2011-07-28 Quarter: 2011-06-30
10-Q 2011-04-29 Quarter: 2011-03-31
10-K 2011-02-17 Annual: 2010-12-31
10-Q 2010-10-29 Quarter: 2010-09-30
10-Q 2010-07-29 Quarter: 2010-06-30
10-Q 2010-04-29 Quarter: 2010-03-31
10-K 2010-02-18 Annual: 2009-12-31
8-K 2019-12-03 Other Events, Exhibits
8-K 2019-12-02 Enter Agreement, Exhibits
8-K 2019-10-23 Earnings, Exhibits
8-K 2019-09-10 Other Events, Exhibits
8-K 2019-07-19 Earnings, Exhibits
8-K 2019-06-13 Other Events
8-K 2019-05-13 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-04-29 Other Events, Exhibits
8-K 2019-04-25 Earnings, Exhibits
8-K 2019-04-24 Shareholder Vote
8-K 2019-03-27
8-K 2019-03-04 Officers
8-K 2019-02-12 Officers, Exhibits
8-K 2019-02-08 Earnings, Exhibits
8-K 2019-01-28 Officers, Exhibits
8-K 2018-12-11 Officers, Exhibits
8-K 2018-10-19 Earnings, Exhibits
8-K 2018-07-20 Earnings, Exhibits
8-K 2018-04-24 Shareholder Vote
8-K 2018-04-20 Earnings, Exhibits
8-K 2018-04-06 Exit Costs
8-K 2018-02-28 Enter Agreement, Off-BS Arrangement
8-K 2018-01-25 Earnings, Exhibits

Cleveland-Cliffs Financials

CLF Metrics, Comps, Filings

Annual | Quarterly

Business

Founded in 1847, Cleveland-Cliffs Inc. is the largest and oldest independent iron ore mining company in the United States. We are a major supplier of iron ore pellets to the North American steel industry from our mines and pellet plants located in Michigan and Minnesota. By 2020, we expect to be the sole producer of HBI in the Great Lakes region with the development of our first production plant in Toledo, Ohio. Driven by the core values of safety, social, environmental and capital stewardship, our employees endeavor to provide all stakeholders with operating and financial transparency.

In alignment with our strategic goals, we have become a North America-centric business and have updated the names of our operating segments. We are now organized according to our differentiated products. We have two reportable segments - the Mining and Pelletizing segment (formerly known as U.S. Iron Ore) and the Metallics segment.

In our Mining and Pelletizing segment, we currently own or co-own four operational iron ore mines plus one indefinitely idled mine. We are currently operating one iron ore mine in Michigan and three iron ore mines in Minnesota, and all four mines are currently operating at or near full capacity. The Empire mine located in Michigan was indefinitely idled beginning in August 2016. In our Metallics segment, we are currently constructing an HBI production plant in Toledo, Ohio. We expect to complete construction and begin production in 2020.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Sibanye Gold (SBGL) 5,530 0% 84,923 0 0 0 0 2,981
AngloGold Ashanti (AU) 5,102 0% 6,643 3,949 0 0 0 0 4,790
Buenaventura Mining (BVN) 4,371 0% 4,217 1,188 0 0 0 0 4,371
Cleveland-Cliffs (CLF) 3,105 32% 6.2 35% 3,393 3,108 2,338 758 1,186 796 4,966
Gold Fields (GFI) 2,826 0% 6,104 3,397 0 0 0 0 2,426
Nexa Resources (NEXA) 1,577 0% 5,735 2,834 0 0 0 0 1,257
NOVAGOLD (NG) 1,555 -16.6 -42% 252 103 0 0 -107 -99 1,637
Coeur Mining (CDE) 871 -2% 49.6 -6% 1,677 831 610 -10 -109 24 1,180
McEwen Mining (MUX) 623 14% -17.9 -8% 623 135 132 18 -48 -36 649
Golden Star Resources (GSS) 425 4.2 -3% 705 285 0 43 -24 111 465
Mesabi Trust (MSB) 385 95% 9.8 162% 24 3 41 39 39 39 385
Trilogy Metals (TMQ) 383 -14.9 -41% 58 32 0 0 -24 -24 357
Golden Grain Energy (GOLD) 342 1% 29.6 1% 131 10 192 2 1 11 333
Uranium Energy (UEC) 242 -21.0 -15% 105 25 0 0 -16 -12 254
Gold Resource (GORO) 216 21% 9.7 1% 192 39 108 23 3 22 210
UR-Energy (URG) 146 -1% -21.1 -12% 93 47 16 -0 -11 -7 144
International Tower Hill Mines (THM) 107 -22.5 -7% 64 0 0 0 -4 -4 99
EMX Royalty (EMX) 88 0% 115 6 0 0 0 0 2
Vista Gold (VGZ) 77 -7.1 -63% 18 2 0 -3 -12 -11 76
Entree Resources (EGI) 72 0% 7 47 0 0 0 0 66

Balance Sheet ($MM)2009-12-312010-12-312011-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash5031,5675223362912853231,008823
Accounts Receivable10435930427020640129141227
Inventory27226947639132733017818388
PP&E2,5933,97910,52513,5711,4151,0599841,0511,286
Assets4,6397,77814,54213,1223,1642,1361,9242,9533,530
Accounts Payable179266380346272106108128187
Long-Term Debt3,6843,0442,9842,6992,1932,3042,093
Liabilities2,1023,9407,5026,2384,8983,9473,2543,3983,105
Stockholders' Equity2,5433,8465,7856,070-1,431-1,981-1,464-444424
Income Statement ($MM)2009-12-312010-12-312011-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue2,2164,4176,5521,6651,3791,8321,9142,0892,332
Cost of Revenue2,0333,1594,1064,5424,1721,7771,7201,8281,523
Gross Profit3091,5242,6891,149451236389502810
R&D
SG&A121238274232209110118106117
Tax212924201534756-252-475
Net Income2041,0201,813362-8,312-7481993631,128
Cash Flow ($MM)2009-12-312010-12-312011-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating1861,3202,2891,14635938303338478
Cash Investing-179-1,368-5,304-811-104-103-58-156-273
Cash Financing3041,0881,975-172-28861-206499-375