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| Date | Value |
|---|---|
| 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 |