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
DateValue
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