Debt to EBITDA ratio Analysis of Cleveland-Cliffs Inc - Deep Dive
Debt to EBITDA of CLF
Dec-231.99Very Good Debt to EBITDA | Dec-222.16Good Debt to EBITDA | Growth-7.66% |
Debt to EBITDA Analysis of Cleveland-Cliffs Inc
Debt to EBITDA Ratio 1.99 of Cleveland-Cliffs Inc shows that the company is financially strong and has enough profit to pay off its debt. |
Debt to EBITDA Ratio of CLF has fallen by -7.66 % Compared to previous Financial Year. |
Debt to EBITDA Ratio with value of 17.28 was highest in Year Dec-20 in last Five Years. |
Debt to EBITDA Ratio with value of 1.08 was lowest in Year Dec-21 in last Five Years. |
Latest Debt to EBITDA Ratio with value of 1.99 is lower than Average Debt to EBITDA of 5.34 in last five years. |
Other Debt to EBITDA Related Info of CLF that may interest you.
Cleveland-Cliffs Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CLF | 14.84 | 14.91 | 0.469 % | Steel |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..Debt to EBITDA Related Ratios
CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
Mild Stability |
FY - Historical Debt to EBITDA of Cleveland-Cliffs Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to EBITDA | 1.99 | 2.16 | 1.08 | 17.28 | 4.21 | 2.48 | 7.02 |
Change | -7.66 % | 99.97 % | -93.76 % | 310.25 % | 69.68 % | -64.67 % | 53.08 % |
FY Chart of Debt to EBITDA of Cleveland-Cliffs Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)