Is CLF overvalued?

Price to Book Ratio

PB vs Industry: CLF is overvalued based on its PB Ratio (2.9x) compared to the US Metals and Mining industry average (2.5x).

Similarly, Who owns CLF stock?

Top 10 Owners of Cleveland-Cliffs Inc

Stockholder Stake Shares owned
The Vanguard Group, Inc. 7.92% 41,589,740
BlackRock Fund Advisors 6.62% 34,797,978
Fidelity Management & Research Co… 4.59% 24,101,186
SSgA Funds Management, Inc. 2.91% 15,270,791

How much debt is CLF? Compare CLF With Other Stocks

Cleveland-Cliffs Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder’s Equity
2019-06-30 $3.11B $0.29B
2019-03-31 $3.05B $0.26B
2018-12-31 $3.11B $0.42B

Thereof, What is CLF debt?

What Is Cleveland-Cliffs’s Net Debt? As you can see below, at the end of September 2021, Cleveland-Cliffs had US$5.35b of debt, up from US$4.31b a year ago. Click the image for more detail.

Is CLF undervalued?

(NYSE:CLF) Suggests It’s 49% Undervalued.

What type of company is CLF?

Cleveland-Cliffs Inc (NYSE:CLF)

Cleveland-Cliffs, Inc. is a flat-rolled steel producer, which supplies iron ore pellets to the North American steel industry.

Where is Cleveland-Cliffs based out of?

CLEVELAND-CLIFFS INC. is North America’s largest supplier of iron-ore pellets to the steel industry and is the oldest iron-mining firm with headquarters in Cleveland.

How many shares does Cleveland-Cliffs have?

Share Statistics

Avg Vol (3 month) 3 23.76M
Shares Outstanding 5 524.41M
Implied Shares Outstanding 6 N/A
Float 8 479.61M
% Held by Insiders 1 1.33%

How much is US Steel debt?

Total Assets

Dec 2021
Total Debt 4.09 B
Total Liabilities 8.71 B
Total Shareholder’s Equity 9.01 B
Book Value Per Share 34.15

How many shares does Cleveland Cliffs have?

Share Statistics

Avg Vol (3 month) 3 23.76M
Shares Outstanding 5 524.41M
Implied Shares Outstanding 6 N/A
Float 8 479.61M
% Held by Insiders 1 1.33%

Is CLF a meme stock?

(NYSE: CLF) may be the unlikeliest of meme stocks. The company was founded 175 years ago. Looking at the short term, since November of 2020, the share price has risen by around 193%, after peaking at nearly 240% in mid-August of 2021.

What does CLF company do?

About Cleveland-Cliffs Inc

Cleveland-Cliffs Inc. is an integrated mining and flat-rolled steel producer. It is engaged in manufacturing iron ore pellets.

What does CLF produce?

We produce carbon, stainless, electrical, and third-generation advanced high-strength carbon and specialty steels for all major markets. We are the leader in the automotive steel marketplace and help our customers design lighter, more fuel-efficient vehicles that maintain superior strength and safety performance.

How much steel does CLF produce?

The company operates many fully-integrated steel mills and finishing facilities in Kentucky, Indiana, Illinois, Ohio, Michigan, Pennsylvania, West Virginia, and North Carolina. It has annual production capacity of approximately 23 million net tons of raw steel.

Is Cleveland-Cliffs an American owned company?

Cleveland-Cliffs Inc. Cleveland-Cliffs Inc., formerly Cliffs Natural Resources, is a Cleveland, Ohio-based company that specializes in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling.

External links.

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National libraries United States

Is Cleveland-Cliffs a good company?

Is Cleveland-Cliffs a good company to work for? Cleveland-Cliffs has an overall rating of 3.7 out of 5, based on over 281 reviews left anonymously by employees. 67% of employees would recommend working at Cleveland-Cliffs to a friend and 71% have a positive outlook for the business.

What Cleveland Cliff owns?

Cleveland-Cliffs is the Largest Flat‑Rolled Steel Producer in North America. Following the acquisitions of ArcelorMittal USA and AK Steel, and the completion of our Toledo Direct Reduction plant, Cleveland-Cliffs is a different company. We are a vertically integrated high-value steel enterprise.

How much cash does US Steel have?

United States Steel cash on hand for 2020 was $1.985B , a 165.02% increase from 2019. United States Steel cash on hand for 2019 was $0.749B, a 25.1% decline from 2018.

Compare X With Other Stocks.

United States Steel Annual Cash on Hand (Millions of US $)
2020 $1,985
2019 $749
2018 $1,000
2017 $1,553

Is US Steel a government?

United States Steel Corporation, more commonly known as U.S. Steel, is an American integrated steel producer headquartered in Pittsburgh, Pennsylvania, with production operations in the United States and Central Europe.

U.S. Steel.

Type Public
Number of employees 23,350 (2020)
Website USSteel.com

Is CLF being shorted?

7.00% of Cleveland-Cliffs’ shares are currently sold short.

Does Cramer like Cleveland-Cliffs?

It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.

Is Bakkt a meme stock?

Meme Stocks: Bakkt Holdings (BKKT)

But it was two key developments not too long after that that sent its shares rocketing from just under its SPAC offering price ($10 per share), to as much as $50.80 per share. First, a partnership deal with Mastercard (NYSE:MA), gives it access to the payment giant’s global network.

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