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| Date | Value |
|---|---|
| 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 |