Cleveland-Cliffs (Cleveland-Cliffs) Scaled Net Operating Assets : 0.61 (As of Dec. 2023)

Cleveland-Cliffs Scaled Net Operating Assets Chart

Cleveland-Cliffs Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Scaled Net Operating Assets		Get a 7-Day Free Trial					0.60	2.17	0.65	0.65	0.59

Cleveland-Cliffs Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.62	0.66	0.64	0.64	0.61

Competitive Comparison of Cleveland-Cliffs's Scaled Net Operating Assets

For the Steel subindustry, Cleveland-Cliffs's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cleveland-Cliffs's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Cleveland-Cliffs's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Cleveland-Cliffs's Scaled Net Operating Assets falls into.

Cleveland-Cliffs Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cleveland-Cliffs's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

where

Cleveland-Cliffs's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

where

* 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.

Cleveland-Cliffs Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Cleveland-Cliffs's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Cleveland-Cliffs (Cleveland-Cliffs) Business Description