Cleveland-Cliffs (CLF) Interest Coverage Ratio (2009 - 2012)
Cleveland-Cliffs' (CLF) Interest Coverage Ratio came in at 1.62 for Q3 2012, down 90.2% from 16.54 a year earlier and down 79.0% from the prior quarter.
Cleveland-Cliffs (CLF) Interest Coverage Ratio (2009 - 2012) Analysis & Trends
For the trailing twelve months through Sep 30, 2012, Interest Coverage Ratio at Cleveland-Cliffs was 5.33, down 54.8% year-over-year; for FY2011, it was 10.61, down 39.7% from FY2010.
- In prior years, Cleveland-Cliffs' Interest Coverage Ratio was 17.59 in FY2010 (+190.5%) and 6.05 in FY2009.
- The Q3 2012 figure stands as the lowest quarterly Interest Coverage Ratio since Q2 2009.
- On a year-over-year basis, Interest Coverage Ratio increased in two of the last eight quarters, with an average decline of 36.8%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q3 2010, with growth of 178.7%; the weakest was Q3 2012, with a decline of 90.2%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 7.68 (Q2 2012), 4.71 (Q1 2012) and 7.28 (Q4 2011).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | - |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | - |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 10.48 |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 237.10 |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 105.08 |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 45.25 |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 7.76 |
| 10 | Cleveland-Cliffs | 6.40 Bn | 6.38 Bn | 132.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2012 | 1.62 |
| Jun 30, 2012 | 7.68 |
| Mar 31, 2012 | 4.71 |
| Dec 31, 2011 | 7.28 |
| Sep 30, 2011 | 16.54 |
| Jun 30, 2011 | 7.60 |
| Mar 31, 2011 | 14.12 |
| Dec 31, 2010 | 12.41 |
| Sep 30, 2010 | 22.44 |
| Jun 30, 2010 | 27.50 |
| Mar 31, 2010 | 11.12 |
| Dec 31, 2009 | 16.65 |
| Sep 30, 2009 | 8.05 |
| Jun 30, 2009 | -1.73 |
Cleveland-Cliffs Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CLF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "CLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();