Cleveland-Cliffs Steel Holding Corp
Materials · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|---|
| Revenue | $1.70B | $1.66B | $6.08B | $5.88B | — | — |
| Operating income | $41.2M | $63.6M | $260.2M | $217.6M | $86.7M | $139.4M |
| Net income | −$4.5M | $28.7M | $103.5M | −$16.8M | −$509.0M | −$96.9M |
| Total assets | $4.59B | $4.52B | $4.47B | $4.04B | $4.08B | $4.83B |
| Total liabilities | $4.11B | $4.09B | $4.17B | $3.92B | $4.68B | $4.91B |
| Equity | $151.5M | $99.9M | −$44.6M | −$272.2M | −$977.6M | −$492.5M |
| EPS (diluted) | $0.04 | $0.59 | $0.32 | $-0.07 | $-2.86 | $-0.65 |
| Shares out. | 316.3M | 315.3M | 314.8M | 178.3M | 177.8M | 136.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- 2.4%
- Net margin
- −0.3%
- Return on equity
- −3.0%
- Return on assets
- −0.1%
- Return on capital (ROCE)
- 1.2%
- Liabilities / assets
- 89.6%
- Debt / equity
- 27.15×
- Book value / share
- $0.48
- Revenue growth (YoY)
- 2.3%
- Net income growth (YoY)
- −115.7%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2019- Altman Z″ (distress)
- -0.43distress
- Accruals / assets
- −5.9%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 2 warning● 4 good- Altman Z″ in the distress zone
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsMar 13, 2020
- Shareholder vote · Other material eventMar 10, 2020
- Other material eventMar 3, 2020
- Results of operationsFeb 20, 2020
- Entered a material agreementJan 29, 2020
- Entered a material agreementDec 4, 2019
- Amended charter or bylaws · Other material eventDec 3, 2019
- Other material eventNov 20, 2019
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.