Cleveland-Cliffs (CLF) Interest Coverage Ratio (2009 - 2012)

Cleveland-Cliffs (CLF) has reported Interest Coverage Ratio for 4 consecutive years, with 1.62 the latest figure, recorded in Q3 2012.

• On a quarterly basis, Interest Coverage Ratio fell 90.23% year-over-year to 1.62 in Q3 2012; TTM through Sep 2012 was 5.33, a 54.8% decrease from a year earlier, with the FY2011 full-year figure at 10.61, down 39.68% from the prior year.
• Interest Coverage Ratio was 1.62 for Q3 2012 at Cleveland-Cliffs, down from 7.68 in the prior quarter.
• Over five years, Interest Coverage Ratio peaked at 27.5 in Q2 2010 and troughed at 1.73 in Q2 2009.
• A 4-year average of 11.14 and a median of 9.58 in 2009 frame the typical range for Interest Coverage Ratio.
• Across the five-year window, Interest Coverage Ratio jumped 1689.81% in 2010 and tumbled 90.23% in 2012, its largest moves.
• Over 4 years, Interest Coverage Ratio stood at 16.65 in 2009, then fell by 25.47% to 12.41 in 2010, then plunged by 41.37% to 7.28 in 2011, then sank by 77.78% to 1.62 in 2012.
• The last three Interest Coverage Ratio figures came in at 1.62 (Q3 2012), 7.68 (Q2 2012), and 4.71 (Q1 2012), per Business Quant data.