Cleveland-Cliffs CLF
NYSE CLF
$11.52 +0.51 (+4.59%)
As of: Sep 30, 2026 · 10:25 AM EDT

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

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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