Growth Metrics

Cleveland-Cliffs (CLF) Long-Term Deferred Tax (2018 - 2021)

Cleveland-Cliffs (CLF) has disclosed Long-Term Deferred Tax for 10 consecutive years, with $70.0 million as the latest value for Q3 2021.

  • For Q3 2021, Long-Term Deferred Tax fell 86.53% year-over-year to $70.0 million; the TTM value through Sep 2021 reached $70.0 million, down 86.53%, while the annual FY2020 figure was $537.0 million, 16.74% up from the prior year.
  • Long-Term Deferred Tax was $70.0 million for Q3 2021 at Cleveland-Cliffs, down from $333.0 million in the prior quarter.
  • The five-year high for Long-Term Deferred Tax was $562.0 million in Q1 2021, with the low at $70.0 million in Q3 2021.
  • Historically, Long-Term Deferred Tax has averaged $389.3 million across 4 years, with a median of $460.0 million in 2019.
  • The largest annual shift saw Long-Term Deferred Tax skyrocketed 285.12% in 2019 before it plummeted 86.53% in 2021.
  • Over 4 years, Long-Term Deferred Tax stood at $464.8 million in 2018, then decreased by 1.03% to $460.0 million in 2019, then rose by 16.74% to $537.0 million in 2020, then plummeted by 86.96% to $70.0 million in 2021.
  • Per Business Quant database, its latest 3 readings for Long-Term Deferred Tax were $70.0 million in Q3 2021, $333.0 million in Q2 2021, and $562.0 million in Q1 2021.