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Cleveland-CliffsMEX:CLF -3.94%59 Equity-to-Asset is 0.29 as of Jun. 2026, which is 45% above its 10-year median of 0.20. GuruFocus rates MEX:CLF with a GF Score™ of 59/100 and a GF Value™ of MXN189.48 (Fairly Valued). The stock has 8 warning signs investors should review. Among 636 Steel companies, Cleveland-Cliffs ranks worse than 86.48% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cleveland-Cliffs's Total Stockholders Equity for the quarter that ended in Jun. 2026 was MXN101,518 Mil. Cleveland-Cliffs's Total Assets for the quarter that ended in Jun. 2026 was MXN350,987 Mil.
Therefore, Cleveland-Cliffs's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.29.
The historical rank and industry rank for Cleveland-Cliffs's Equity-to-Asset or its related term are showing as below:
MEX:CLF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.87 Med: 0.2 Max: 0.45
Current: 0.29
During the past 13 years, the highest Equity to Asset Ratio of Cleveland-Cliffs was 0.45. The lowest was -0.87. And the median was 0.20.
MEX:CLF's Equity-to-Asset is ranked worse than 86.48% of 636
companies
in the Steel industry
Industry Median: 0.545
vs MEX:CLF: 0.29
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Cleveland-Cliffs Equity-to-Asset Related Terms
Cleveland-Cliffs Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Cleveland-Cliffs's Equity-to-Asset 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.
MEX:CLF vs TX, WS, NWPX: Equity-to-Asset Comparison
For the Steel subindustry, Cleveland-Cliffs's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Cleveland-Cliffs's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Cleveland-Cliffs's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Cleveland-Cliffs's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (MEX:CLF) has a Equity-to-Asset of 0.29 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Cleveland-Cliffs and its competitors. This is 45% above median its historical median of 0.20. According to the industry distribution chart, Cleveland-Cliffs ranks #550 out of 636 companies in the Steel industry, placing it in the top 86.5%.
Is Cleveland-Cliffs' Equity-to-Asset too high?
Cleveland-Cliffs' current Equity-to-Asset of 0.29 is 45% above median its 10-year median of 0.20. The Steel industry median Equity-to-Asset is 0.55. Cleveland-Cliffs' value of 0.29 is 46.8% below this industry median. Based on the distribution chart, Cleveland-Cliffs ranks #550 out of 636 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Cleveland-Cliffs has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cleveland-Cliffs' Equity-to-Asset compare to TX and WS?
According to the Steel industry distribution chart, Cleveland-Cliffs ranks #550 out of 636 companies for Equity-to-Asset. This places Cleveland-Cliffs in the lower half of its industry. The industry median Equity-to-Asset is 0.55. Cleveland-Cliffs' value of 0.29 is 46.8% below this benchmark. While the company's 10-year median is 0.20 vs. the industry median of 0.55, Cleveland-Cliffs has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Steel company?
The median Equity-to-Asset among Steel companies is 0.55, based on 636 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cleveland-Cliffs's current Equity-to-Asset of 0.29 is 46.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Cleveland-Cliffs and its competitors. For the Steel industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleveland-Cliffs's current Equity-to-Asset is 0.29, which is 45% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleveland-Cliffs stock overvalued right now?
Based on GuruFocus' analysis, Cleveland-Cliffs (MEX:CLF) is currently considered Fairly Valued. The stock's GF Value™ is MXN189.48, compared to a current price of MXN197.00 — trading 4% above its estimated fair value. The current Equity-to-Asset is 0.29, which is 45% above median its 10-year median of 0.20 and 46.8% below the Steel industry median of 0.55. Cleveland-Cliffs' overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Cleveland-Cliffs (MEX:CLF), the current Equity-to-Asset is 0.29 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cleveland-Cliffs (MEX:CLF) Overvalued in 2026?
Based on GuruFocus' analysis, Cleveland-Cliffs stock appears to be overvalued.
The current stock price of MXN197.00 is trading 4% above its estimated GF Value™ of MXN189.48.
GuruFocus considers Cleveland-Cliffs to be Fairly Valued.
Key valuation signals for MEX:CLF:
Equity-to-Asset: 0.29 (45% above median its 10-year median of 0.20)
GF Value™: MXN189.48 vs. price of MXN197.00 (4% above fair value)
Industry Position: 46.8% below the Steel median (#550 of 636)
No single metric tells the full story. See the MEX:CLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through 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.
59GF Score
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