Growth Metrics

Cleveland-Cliffs (CLF) Asset Utilization Ratio (2016 - 2025)

Cleveland-Cliffs (CLF) has disclosed Asset Utilization Ratio for 12 consecutive years, with 0.06 as the latest value for Q3 2020.

  • On a quarterly basis, Asset Utilization Ratio changed N/A to 0.06 in Q3 2020 year-over-year; TTM through Sep 2020 was 0.06, a N/A change, with the full-year FY2019 number at 0.57, down 21.36% from a year prior.
  • Asset Utilization Ratio was 0.06 for Q3 2020 at Cleveland-Cliffs, down from 0.57 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 1.09 in Q1 2017 to a low of 0.06 in Q3 2020.
  • A 5-year average of 0.77 and a median of 0.93 in 2016 define the central range for Asset Utilization Ratio.
  • Peak YoY movement for Asset Utilization Ratio: increased 16.57% in 2017, then fell 18.84% in 2019.
  • Cleveland-Cliffs' Asset Utilization Ratio stood at 1.0 in 2016, then grew by 4.27% to 1.04 in 2017, then plummeted by 32.85% to 0.7 in 2018, then dropped by 18.84% to 0.57 in 2019, then plummeted by 88.94% to 0.06 in 2020.
  • Per Business Quant, the three most recent readings for CLF's Asset Utilization Ratio are 0.06 (Q3 2020), 0.57 (Q4 2019), and 0.7 (Q4 2018).