Cleveland-Cliffs (Cleveland-Cliffs) Asset Impairment Charge : $64 Mil (TTM As of Mar. 2024)

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What is Cleveland-Cliffs Asset Impairment Charge?

Cleveland-Cliffs's Asset Impairment Charge for the three months ended in Mar. 2024 was $64 Mil. Its Asset Impairment Charge for the trailing twelve months (TTM) ended in Mar. 2024 was $64 Mil.

Cleveland-Cliffs Asset Impairment Charge Historical Data

The historical data trend for Cleveland-Cliffs's Asset Impairment Charge can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cleveland-Cliffs Asset Impairment Charge Chart

Cleveland-Cliffs Annual Data

Trend

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Asset Impairment Charge

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1.00

125.00

Cleveland-Cliffs Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Asset Impairment Charge	Get a 7-Day Free Trial															-	-	-	-	64.00

Cleveland-Cliffs Asset Impairment Charge Calculation

Asset Impairment Charge is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Asset Impairment Charge for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $64 Mil.

Cleveland-Cliffs Asset Impairment Charge Related Terms

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Cleveland-Cliffs (Cleveland-Cliffs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Cleveland-Cliffs Inc (NYSE:CLV) » Definitions » Asset Impairment Charge

Comparable Companies

Traded in Other Exchanges

CLF:USA CLF:Mexico CVA:Germany

Address

200 Public Square, Suite 3300, Cleveland, OH, USA, 44114-2315

Website

https://www.clevelandcliffs.com

Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It has one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.