Cleveland-Cliffs (CLF) Long-Term Investments (2009 - 2020)
Cleveland-Cliffs (CLF) reported Long-Term Investments of $35.3 million for Q2 2020, down 70.11% year-over-year from $118.1 million in Q3 2019, and down 21.56% quarter-over-quarter from $45.0 million in Q4 2019.
Cleveland-Cliffs (CLF) Long-Term Investments (2009 - 2020) Analysis & Trends
Cleveland-Cliffs (CLF) has 12 years of Long-Term Investments data on file, last reported at $35.3 million in Q2 2020.
- Long-Term Investments for Q2 2020 came in at $35.3 million, down 70.11% year-over-year; the trailing twelve-month figure through Jun 2020 was $35.3 million (down 70.11% YoY), and the FY2019 annual result was $45.0 million, down 49.44% from the prior year.
- Long-Term Investments declined to $35.3 million in Q2 2020 per CLF's latest filing, from $45.0 million in the prior quarter.
- Over five years, Long-Term Investments peaked at $174.6 million in Q2 2018 and troughed at $9.0 million in Q1 2016.
- A 5-year average of $71.5 million and a median of $70.2 million in 2017 frame the typical range for Long-Term Investments.
- The sharpest annual moves came in 2016 and 2017: Long-Term Investments plunged 73.91% in 2016, then surged 557.78% in 2017.
- A 5-year view of Long-Term Investments shows it stood at $30.1 million in 2016, then surged by 133.22% to $70.2 million in 2017, then gained by 26.78% to $89.0 million in 2018, then plunged by 49.44% to $45.0 million in 2019, then retreated by 21.56% to $35.3 million in 2020.
- Business Quant data shows CLF's Long-Term Investments at $35.3 million in Q2 2020, $45.0 million in Q4 2019, and $72.8 million in Q3 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 590.10 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | - |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 10.49 Bn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | - |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | - |
| 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 | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 119.80 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 3.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2020 | 35.30 Mn |
| Dec 31, 2019 | 45.00 Mn |
| Sep 30, 2019 | 72.80 Mn |
| Jun 30, 2019 | 118.10 Mn |
| Mar 31, 2019 | 106.70 Mn |
| Dec 31, 2018 | 89.00 Mn |
| Jun 30, 2018 | 174.60 Mn |
| Mar 31, 2018 | 93.50 Mn |
| Jun 30, 2017 | 70.20 Mn |
| Mar 31, 2017 | 59.20 Mn |
| Dec 31, 2016 | 30.10 Mn |
| Jun 30, 2016 | 25.80 Mn |
| Mar 31, 2016 | 9.00 Mn |
| Dec 31, 2015 | 7.80 Mn |
| Jun 30, 2015 | 7.70 Mn |
| Mar 31, 2015 | 34.50 Mn |
| Dec 31, 2014 | 63.20 Mn |
| Jun 30, 2014 | 33.00 Mn |
| Mar 31, 2014 | 43.30 Mn |
| Sep 30, 2013 | 71.50 Mn |