CLF Cleveland-Cliffs

Cleveland-Cliffs, Inc., formerly Cliffs Natural Resources, is a Cleveland, Ohio-based company that specializes in the mining, beneficiation, and pelletizing of iron ore. The company is a public company. Cleveland-Cliffs' primary operations are organized and managed according to product category: Mining & Pelletizing and Metallics. On August 15, 2017, the company announced it was dropping the Cliffs Natural Resources name and returning to its old brand name, Cleveland-Cliffs Inc.

Company profile

Lourenco Goncalves
Fiscal year end
Industry (SIC)
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IRS number

CLF stock data



28 Apr 21
14 Jun 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
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Dec 20 Dec 19 Dec 18 Dec 17
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Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 110M 110M 110M 110M 110M 110M
Cash burn (monthly) 666.67K 6.42M (positive/no burn) (positive/no burn) 126.33M 39.67M
Cash used (since last report) 1.64M 15.83M n/a n/a 311.62M 97.84M
Cash remaining 108.36M 94.17M n/a n/a -201.62M 12.16M
Runway (months of cash) 162.5 14.7 n/a n/a -1.6 0.3

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
11 Jun 21 Baldwin John T Common Shares Sell Dispose S No No 23.751 7,200 171.01K 113,727
10 Jun 21 Baldwin John T Common Shares Sell Dispose S No No 23.383 12,800 299.3K 120,927
18 May 21 Green Susan Miranda Common Shares Sell Dispose S No No 20.3875 18,000 366.98K 91,082.344
14 May 21 Miller Janet L Common Shares Buy Aquire P No No 19.485 1,280 24.94K 70,468.297
28 Apr 21 Green Susan Miranda Common Shares Grant Aquire A No No 0 6,539 0 109,082.344
28 Apr 21 Fisher Robert P Jr Common Shares Grant Aquire A No No 0 6,539 0 173,422

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders
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Total holders 0 0
Opened positions 0 0
Closed positions 0 4 EXIT
Increased positions 0 0
Reduced positions 0 0
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Total puts 0 0
Total calls 0 0
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Financial report summary

Management Discussion
  • For the three months ended March 31, 2021, we had Net income of $57 million, compared to a Net loss of $49 million for the prior-year period. Our Revenues, diluted EPS and Adjusted EBITDA for the three months ended March 31, 2021 and 2020 were as follows:
  • See "— Results of Operations — Adjusted EBITDA" below for a reconciliation of our Net income (loss) to Adjusted EBITDA.
  • During the three months ended March 31, 2021, our consolidated Revenues were $4.0 billion, an increase of $3.7 billion, compared to the prior-year period. The increase was primarily due to the addition of 3.9 million net tons of steel shipments from our Steelmaking segment as a result of the Acquisitions.
Content analysis
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