Return On Equity ratio Analysis of Cleveland-Cliffs Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Poor ROE
4.31
Period Ending - Dec-22
Good ROE
17.14
Growth
-74.84 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Poor ROE
4.93
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-0.900
ROE Analysis of Cleveland-Cliffs Inc
| ROE Ratio of Cleveland-Cliffs Inc with value of 4.93 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Cleveland-Cliffs Inc with value of -0.900 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
| ROE Ratio of CLF drastically fell by -74.84 % this year. |
| ROE Ratio with value of 81.81 was highest in Year Dec-19 in last Five Years. |
| ROE Ratio with value of -6.05 was lowest in Year Dec-20 in last Five Years. |
| Latest ROE Ratio with value of 4.31 is lower than Average ROE of 30.33 in last five years. |
| ROE of Cleveland-Cliffs Inc is negative because of poor net profit in Quarterly result ended on Mar-24. |
Other ROE 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 Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Equity of Cleveland-Cliffs Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 4.31 | 17.14 | 54.43 | -6.05 | 81.81 | 265.94 | 0 |
| Change | -74.84 % | -68.52 % | 1000.26 % | -107.39 % | -69.24 % |
FY Chart of Return On Equity of Cleveland-Cliffs Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)