Clifford Smith - Cleveland Cliffs President

CLF Stock  USD 18.06  0.18  1.01%   

President

Mr. Clifford T. Smith is Chief Operating Officer, Executive Vice President of the Company. He was Executive Vice President, Business Development and Executive Vice President, Seaborne Iron Ore . since 2021.
Age 64
Tenure 3 years
Address 200 Public Square, Cleveland, OH, United States, 44114-2315
Phone216 694 5700
Webhttps://www.clevelandcliffs.com

Cleveland Cliffs Management Efficiency

The company has Return on Asset of 0.0392 % which means that on every $100 spent on assets, it made $0.0392 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0576 %, implying that it generated $0.0576 on every 100 dollars invested. Cleveland Cliffs' management efficiency ratios could be used to measure how well Cleveland Cliffs manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Cleveland Cliffs' Return On Assets are most likely to increase slightly in the upcoming years. At this time, Cleveland Cliffs' Total Current Assets are most likely to increase significantly in the upcoming years. The Cleveland Cliffs' current Other Assets is estimated to increase to about 1.4 B, while Other Current Assets are projected to decrease to roughly 98.4 M.
The company has 3.14 B in debt with debt to equity (D/E) ratio of 0.62, which is OK given its current industry classification. Cleveland Cliffs has a current ratio of 2.28, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Cleveland Cliffs until it has trouble settling it off, either with new capital or with free cash flow. So, Cleveland Cliffs' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cleveland Cliffs sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cleveland to invest in growth at high rates of return. When we think about Cleveland Cliffs' use of debt, we should always consider it together with cash and equity.

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Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company was founded in 1847 and is headquartered in Cleveland, Ohio. Cleveland Cliffs operates under Steel classification in the United States and is traded on New York Stock Exchange. It employs 27000 people. Cleveland Cliffs (CLF) is traded on New York Stock Exchange in USA. It is located in 200 Public Square, Cleveland, OH, United States, 44114-2315 and employs 28,000 people. Cleveland Cliffs is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Cleveland Cliffs Leadership Team

Elected by the shareholders, the Cleveland Cliffs' board of directors comprises two types of representatives: Cleveland Cliffs inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cleveland. The board's role is to monitor Cleveland Cliffs' management team and ensure that shareholders' interests are well served. Cleveland Cliffs' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cleveland Cliffs' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ann Harlan, Director
Maurice Harapiak, Executive Vice President - Human Resources, Chief Administrative Officer
Kimberly Floriani, Chief Accounting Officer, Vice President Corporate Controller
David Webb, Executive VP of Global Coal
Lourenco Goncalves, Chairman, CEO and President and Chairman of Strategy Committee
Eric Rychel, Independent Director
Terry Fedor, Executive Vice President, Chief Operating Officer, Steel Mills
James Graham, Executive Vice President, Secretary, Chief Legal Officer
Susan Green, Independent Director
Kelly Tompkins, CFO and Executive VP
William Gerber, Independent Director
Keith Koci, Executive Vice President, President - Cleveland-Cliffs Services
Wendell Carter, Executive Technology
M Harlan, Independent Director
John Baldwin, Independent Director
Janet Miller, Independent Director
Robert Fisher, Independent Director
Christopher Cebula, Chief Accounting Officer, Vice President Corporate Controller
James Sawyer, Director
Joseph Rutkowski, Independent Director
Arlene Yocum, Independent Director
R Cebula, Senior Vice President, Chief Administrative Officer - Steel Mills
Timothy Flanagan, Chief Accounting Officer, VP and Corporate Controller
William Boor, Senior Vice President - Global Ferroalloys
Terrence Mee, Senior Vice President - Global Iron Ore and Metallic Sales
Douglas Taylor, Lead Independent Director
Traci Forrester, Executive Vice President - Environmental and Sustainability
Paul Finan, IR Contact Officer
Clifford Smith, Executive Vice President, President - Cleveland-Cliffs Steel
Jessica Moran, Director - Investor Relations
Patricia Persico, Director Communications
Gabriel Stoliar, Independent Director
Ralph Michael, Independent Director
Michael Siegal, Independent Director
Celso Goncalves, Chief Financial Officer, Executive Vice President

Cleveland Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cleveland Cliffs a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Cleveland Cliffs

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cleveland Cliffs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cleveland Cliffs will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cleveland Stock

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Moving against Cleveland Stock

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The ability to find closely correlated positions to Cleveland Cliffs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cleveland Cliffs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cleveland Cliffs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cleveland Cliffs to buy it.
The correlation of Cleveland Cliffs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cleveland Cliffs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cleveland Cliffs moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cleveland Cliffs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cleveland Cliffs is a strong investment it is important to analyze Cleveland Cliffs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cleveland Cliffs' future performance. For an informed investment choice regarding Cleveland Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cleveland Cliffs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Cleveland Cliffs' price analysis, check to measure Cleveland Cliffs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cleveland Cliffs is operating at the current time. Most of Cleveland Cliffs' value examination focuses on studying past and present price action to predict the probability of Cleveland Cliffs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cleveland Cliffs' price. Additionally, you may evaluate how the addition of Cleveland Cliffs to your portfolios can decrease your overall portfolio volatility.
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Is Cleveland Cliffs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cleveland Cliffs. If investors know Cleveland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cleveland Cliffs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.792
Earnings Share
0.75
Revenue Per Share
43.431
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0392
The market value of Cleveland Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleveland Cliffs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.