Cleveland-Cliffs (CLF) Interest Expenses (2009 - 2012)

Cleveland-Cliffs (CLF) reported Interest Expenses of $47.2 million for Q3 2012, down 4.45% year-over-year from $49.4 million in Q4 2011, and little changed quarter-over-quarter from $47.1 million in Q2 2012.

Cleveland-Cliffs (CLF) Interest Expenses (2009 - 2012) Analysis & Trends

Cleveland-Cliffs (CLF) has 4 years of Interest Expenses data on file, last reported at $47.2 million in Q3 2012.

  • Interest Expenses for Q3 2012 came in at $47.2 million, down 4.45% year-over-year; the trailing twelve-month figure through Jun 2013 was $47.2 million (down 75.43% YoY), and the FY2011 annual result was $216.5 million, up 208.84% from the prior year.
  • Interest Expenses was little changed at $47.2 million in Q3 2012 per CLF's latest filing, from $47.1 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $81.3 million in Q2 2011 and troughed at $9.7 million in Q4 2009.
  • A 4-year average of $32.8 million and a median of $33.8 million in 2010 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2011 and 2012: Interest Expenses jumped 511.28% in 2011, then slumped 42.07% in 2012.
  • A 4-year view of Interest Expenses shows it stood at $9.7 million in 2009, then jumped by 200.0% to $29.1 million in 2010, then surged by 65.98% to $48.3 million in 2011, then decreased by 2.28% to $47.2 million in 2012.
  • Business Quant data shows CLF's Interest Expenses at $47.2 million in Q3 2012, $47.1 million in Q2 2012, and $47.3 million in Q1 2012.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -50.19 Mn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 39.00 Mn
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 33.24 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 15.40 Mn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -293.18 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 2.10 Mn
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 348,000.00

Historic Data

Download Data
DateValue
Sep 30, 2012 47.20 Mn
Sep 30, 2012 47.20 Mn
Jun 30, 2012 47.10 Mn
Jun 30, 2012 47.10 Mn
Mar 31, 2012 47.30 Mn
Mar 31, 2012 47.30 Mn
Dec 31, 2011 48.30 Mn
Dec 31, 2011 48.30 Mn
Sep 30, 2011 49.40 Mn
Sep 30, 2011 49.40 Mn
Jun 30, 2011 81.30 Mn
Jun 30, 2011 81.30 Mn
Mar 31, 2011 38.40 Mn
Mar 31, 2011 38.40 Mn
Dec 31, 2010 29.10 Mn
Dec 31, 2010 29.10 Mn
Sep 30, 2010 17.40 Mn
Sep 30, 2010 17.40 Mn
Jun 30, 2010 13.30 Mn
Jun 30, 2010 13.30 Mn