Cleveland Depreciation And Amortization from 2010 to 2025

CLF Stock  USD 8.52  0.81  8.68%   
Cleveland Cliffs' Depreciation And Amortization is increasing over the last several years with slightly volatile swings. Depreciation And Amortization is estimated to finish at about 998.5 M this year. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
1990-03-31
Previous Quarter
235 M
Current Value
258 M
Quarterly Volatility
81.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cleveland Cliffs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cleveland Cliffs' main balance sheet or income statement drivers, such as Depreciation And Amortization of 998.5 M, Interest Expense of 388.5 M or Selling General Administrative of 510.3 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0064 or PTB Ratio of 1.18. Cleveland financial statements analysis is a perfect complement when working with Cleveland Cliffs Valuation or Volatility modules.
  
Check out the analysis of Cleveland Cliffs Correlation against competitors.
For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.

Latest Cleveland Cliffs' Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Cleveland Cliffs over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Cleveland Cliffs' Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cleveland Cliffs' overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Cleveland Depreciation And Amortization Regression Statistics

Arithmetic Mean484,378,125
Geometric Mean295,637,294
Coefficient Of Variation78.98
Mean Deviation326,078,125
Median504,000,000
Standard Deviation382,542,190
Sample Variance146338.5T
Range1B
R-Value0.62
Mean Square Error96103.6T
R-Squared0.39
Significance0.01
Slope49,989,044
Total Sum of Squares2195077.9T

Cleveland Depreciation And Amortization History

2025998.5 M
2024951 M
2023973 M
2022B
2021904 M
2020308 M
201987.3 M

About Cleveland Cliffs Financial Statements

Cleveland Cliffs stakeholders use historical fundamental indicators, such as Cleveland Cliffs' Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Cleveland Cliffs investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cleveland Cliffs' assets and liabilities are reflected in the revenues and expenses on Cleveland Cliffs' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cleveland Cliffs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization951 M998.5 M

Currently Active Assets on Macroaxis

When determining whether Cleveland Cliffs is a strong investment it is important to analyze Cleveland Cliffs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cleveland Cliffs' future performance. For an informed investment choice regarding Cleveland Stock, refer to the following important reports:
Check out the analysis of Cleveland Cliffs Correlation against competitors.
For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cleveland Cliffs. If investors know Cleveland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cleveland Cliffs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.99)
Earnings Share
(1.57)
Revenue Per Share
39.969
Quarterly Revenue Growth
(0.15)
Return On Assets
(0.01)
The market value of Cleveland Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleveland Cliffs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.