Cleveland-Cliffs (CLF) Long-Term Deferred Tax (2009 - 2021)
Cleveland-Cliffs (CLF) reported Long-Term Deferred Tax of $70 million for Q3 2021, down 86.5% from $519.5 million a year earlier and down 79.0% from the prior quarter.
Cleveland-Cliffs (CLF) Long-Term Deferred Tax (2009 - 2021) Analysis & Trends
At the end of FY2020, Cleveland-Cliffs posted Long-Term Deferred Tax of $537 million, up 16.7% from FY2019.
- By year, Long-Term Deferred Tax came in at $460 million in FY2019 (-1.0%) and $464.8 million in FY2018.
- The Q3 2021 figure ranks as the lowest quarterly Long-Term Deferred Tax since Q3 2013.
- Year over year, Long-Term Deferred Tax gained in five of the last eight quarters, with an average decline of 6.5%.
- The high point for year-over-year Long-Term Deferred Tax in five years was Q3 2019 (growth of 285.1%); the low point was Q3 2021 (a decline of 86.5%).
- Per Business Quant data, the three quarters before Q3 2021 came in at $333 million (Q2 2021), $562 million (Q1 2021) and $537 million (Q4 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 168.88 Bn | 147.66 Bn | 2.90 Bn |
| 3 | Rio Tinto | 142.62 Bn | 103.12 Bn | - |
| 4 | Newmont | 124.69 Bn | 92.69 Bn | 4.03 Bn |
| 5 | Freeport-Mcmoran | 99.04 Bn | 83.08 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 93.74 Bn | 83.37 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.17 Bn | 44.37 Bn | 2.90 Bn |
| 8 | Nucor | 59.24 Bn | 48.62 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 48.11 Bn | 27.13 Bn | - |
| 10 | Cleveland-Cliffs | 7.75 Bn | 7.51 Bn | 132.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 70.00 Mn |
| Jun 30, 2021 | 333.00 Mn |
| Mar 31, 2021 | 562.00 Mn |
| Dec 31, 2020 | 537.00 Mn |
| Sep 30, 2020 | 519.50 Mn |
| Jun 30, 2020 | 506.50 Mn |
| Mar 31, 2020 | 486.40 Mn |
| Dec 31, 2019 | 460.00 Mn |
| Sep 30, 2019 | 437.50 Mn |
| Jun 30, 2019 | 443.30 Mn |
| Mar 31, 2019 | 466.60 Mn |
| Dec 31, 2018 | 464.80 Mn |
| Sep 30, 2018 | 113.60 Mn |
| Jun 30, 2018 | 219.90 Mn |
| Mar 31, 2018 | 219.90 Mn |
| Dec 31, 2014 | 175.50 Mn |
| Dec 31, 2013 | 78.10 Mn |
| Sep 30, 2013 | 5.30 Mn |
| Jun 30, 2013 | 202.80 Mn |
| Mar 31, 2013 | 137.30 Mn |
Cleveland-Cliffs Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=CLF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();