Cleveland-Cliffs (CLF) Times Interest Earned (2009 - 2012)

Cleveland-Cliffs (CLF) reported Times Interest Earned of $1.62 for Q3 2012, down 90.23% year-over-year from $16.54 in Q4 2011, and down 78.96% quarter-over-quarter from $7.68 in Q2 2012.

Cleveland-Cliffs (CLF) Times Interest Earned (2009 - 2012) Analysis & Trends

Cleveland-Cliffs (CLF) has 4 years of Times Interest Earned data on file, last reported at $1.62 in Q3 2012.

  • Times Interest Earned for Q3 2012 came in at $1.62, down 90.23% year-over-year; the trailing twelve-month figure through Jun 2013 was -$9.82 (down 207.59% YoY), and the FY2011 annual result was $10.61, down 39.68% from the prior year.
  • Times Interest Earned declined to $1.62 in Q3 2012 per CLF's latest filing, from $7.68 in the prior quarter.
  • Over five years, Times Interest Earned peaked at $27.5 in Q2 2010 and troughed at -$1.73 in Q2 2009.
  • A 4-year average of $10.17 and a median of $7.87 in 2012 frame the typical range for Times Interest Earned.
  • The sharpest annual moves came in 2010 and 2012: Times Interest Earned surged 1689.81% in 2010, then slumped 90.23% in 2012.
  • A 4-year view of Times Interest Earned shows it stood at $3.01 in 2009, then jumped by 312.21% to $12.41 in 2010, then tumbled by 41.37% to $7.28 in 2011, then plunged by 77.78% to $1.62 in 2012.
  • Business Quant data shows CLF's Times Interest Earned at $1.62 in Q3 2012, $7.68 in Q2 2012, and $4.71 in Q1 2012.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Times Interest Earned (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -5.78
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 28.79
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 16.18
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 23.89
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 -3.08
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 1.48
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 36.37

Historic Data

Download Data
DateValue
Sep 30, 2012 1.62
Jun 30, 2012 7.68
Mar 31, 2012 4.71
Dec 31, 2011 7.28
Sep 30, 2011 16.54
Jun 30, 2011 7.60
Mar 31, 2011 14.12
Dec 31, 2010 12.41
Sep 30, 2010 22.44
Jun 30, 2010 27.50
Mar 31, 2010 11.12
Dec 31, 2009 3.01
Sep 30, 2009 8.05
Jun 30, 2009 -1.73