Cleveland Ebitda vs Net Income Analysis

CLF Stock

USD 17.51 0.16 0.91%

Cleveland Cliffs financial indicator trend analysis is way more than just evaluating Cleveland Cliffs prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cleveland Cliffs is a good investment. Please check the relationship between Cleveland Cliffs Ebitda and its Net Income accounts. 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.

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cleveland Cliffs Ebitda account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Cleveland Cliffs' Ebitda and Net Income is 0.5. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Cleveland Cliffs, assuming nothing else is changed. The correlation between historical values of Cleveland Cliffs' Ebitda and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Cleveland Cliffs are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Cleveland Cliffs' Ebitda and Net Income go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Ebitda

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Cleveland Cliffs financial statement analysis. It represents the amount of money remaining after all of Cleveland Cliffs operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Cleveland Cliffs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cleveland Cliffs current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Cleveland Cliffs' Enterprise Value is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Gross Profit	4.5B	2.5B	1.4B	1.5B
Total Revenue	20.4B	23.0B	22.0B	23.1B

Gross Profit Total Revenue

Cleveland Cliffs fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.8	0.88	0.92	0.91	0.93	0.82	0.68	-0.43	0.96	0.41	-0.43	0.82	0.68	0.85	0.84	0.72	-0.34	0.91	0.97	0.85	0.17	0.87	0.67	0.67	0.79
Short Long Term Debt Total	0.8		0.72	0.73	0.51	0.73	0.98	0.25	-0.32	0.76	0.62	-0.32	0.63	0.51	0.96	0.67	0.76	-0.58	0.93	0.7	0.68	0.38	0.65	0.47	0.47	0.79
Other Current Liab	0.88	0.72		0.89	0.76	0.78	0.74	0.51	-0.41	0.82	0.29	-0.41	0.8	0.65	0.79	0.8	0.53	-0.39	0.86	0.85	0.81	0.07	0.83	0.69	0.69	0.82
Total Current Liabilities	0.92	0.73	0.89		0.81	0.72	0.78	0.43	-0.49	0.78	0.38	-0.49	0.97	0.86	0.8	0.98	0.61	-0.34	0.91	0.85	0.98	0.25	0.99	0.86	0.86	0.87
Total Stockholder Equity	0.91	0.51	0.76	0.81		0.88	0.54	0.85	-0.35	0.89	0.18	-0.35	0.73	0.61	0.57	0.73	0.61	-0.03	0.67	0.96	0.74	-0.02	0.78	0.59	0.59	0.52
Property Plant And Equipment Net	0.93	0.73	0.78	0.72	0.88		0.75	0.82	-0.37	0.99	0.32	-0.37	0.56	0.39	0.76	0.59	0.75	-0.26	0.78	0.96	0.6	0.05	0.63	0.38	0.38	0.58
Net Debt	0.82	0.98	0.74	0.78	0.54	0.75		0.29	-0.48	0.78	0.61	-0.48	0.67	0.52	0.97	0.72	0.8	-0.61	0.95	0.73	0.71	0.34	0.7	0.49	0.49	0.82
Retained Earnings	0.68	0.25	0.51	0.43	0.85	0.82	0.29		-0.31	0.79	0.02	-0.31	0.31	0.12	0.31	0.31	0.51	0.06	0.36	0.79	0.32	-0.22	0.37	0.1	0.1	0.16
Cash	-0.43	-0.32	-0.41	-0.49	-0.35	-0.37	-0.48	-0.31		-0.38	-0.22	1.0	-0.47	-0.22	-0.41	-0.52	-0.54	0.39	-0.46	-0.42	-0.44	0.05	-0.5	-0.25	-0.25	-0.46
Non Current Assets Total	0.96	0.76	0.82	0.78	0.89	0.99	0.78	0.79	-0.38		0.35	-0.38	0.63	0.47	0.81	0.66	0.73	-0.3	0.84	0.97	0.67	0.08	0.7	0.46	0.46	0.66
Non Currrent Assets Other	0.41	0.62	0.29	0.38	0.18	0.32	0.61	0.02	-0.22	0.35		-0.22	0.4	0.39	0.65	0.43	0.49	-0.85	0.58	0.27	0.44	0.23	0.36	0.27	0.27	0.57
Cash And Short Term Investments	-0.43	-0.32	-0.41	-0.49	-0.35	-0.37	-0.48	-0.31	1.0	-0.38	-0.22		-0.46	-0.22	-0.41	-0.52	-0.54	0.39	-0.46	-0.42	-0.44	0.05	-0.5	-0.25	-0.25	-0.46
Net Receivables	0.82	0.63	0.8	0.97	0.73	0.56	0.67	0.31	-0.47	0.63	0.4	-0.46		0.93	0.69	0.99	0.53	-0.32	0.82	0.73	0.99	0.23	0.99	0.9	0.9	0.82
Common Stock Shares Outstanding	0.68	0.51	0.65	0.86	0.61	0.39	0.52	0.12	-0.22	0.47	0.39	-0.22	0.93		0.57	0.91	0.29	-0.23	0.69	0.58	0.93	0.25	0.91	0.97	0.97	0.75
Non Current Liabilities Total	0.85	0.96	0.79	0.8	0.57	0.76	0.97	0.31	-0.41	0.81	0.65	-0.41	0.69	0.57		0.75	0.7	-0.67	0.98	0.74	0.75	0.33	0.74	0.57	0.57	0.91
Inventory	0.84	0.67	0.8	0.98	0.73	0.59	0.72	0.31	-0.52	0.66	0.43	-0.52	0.99	0.91	0.75		0.55	-0.38	0.86	0.75	0.99	0.29	0.99	0.9	0.9	0.88
Other Current Assets	0.72	0.76	0.53	0.61	0.61	0.75	0.8	0.51	-0.54	0.73	0.49	-0.54	0.53	0.29	0.7	0.55		-0.34	0.7	0.72	0.55	0.2	0.54	0.19	0.19	0.47
Other Stockholder Equity	-0.34	-0.58	-0.39	-0.34	-0.03	-0.26	-0.61	0.06	0.39	-0.3	-0.85	0.39	-0.32	-0.23	-0.67	-0.38	-0.34		-0.59	-0.19	-0.34	-0.23	-0.3	-0.2	-0.2	-0.65
Total Liab	0.91	0.93	0.86	0.91	0.67	0.78	0.95	0.36	-0.46	0.84	0.58	-0.46	0.82	0.69	0.98	0.86	0.7	-0.59		0.81	0.86	0.32	0.85	0.7	0.7	0.94
Property Plant And Equipment Gross	0.97	0.7	0.85	0.85	0.96	0.96	0.73	0.79	-0.42	0.97	0.27	-0.42	0.73	0.58	0.74	0.75	0.72	-0.19	0.81		0.76	0.09	0.79	0.57	0.57	0.65
Total Current Assets	0.85	0.68	0.81	0.98	0.74	0.6	0.71	0.32	-0.44	0.67	0.44	-0.44	0.99	0.93	0.75	0.99	0.55	-0.34	0.86	0.76		0.29	0.99	0.91	0.91	0.86
Short Term Debt	0.17	0.38	0.07	0.25	-0.02	0.05	0.34	-0.22	0.05	0.08	0.23	0.05	0.23	0.25	0.33	0.29	0.2	-0.23	0.32	0.09	0.29		0.24	0.22	0.22	0.31
Accounts Payable	0.87	0.65	0.83	0.99	0.78	0.63	0.7	0.37	-0.5	0.7	0.36	-0.5	0.99	0.91	0.74	0.99	0.54	-0.3	0.85	0.79	0.99	0.24		0.91	0.91	0.86
Common Stock Total Equity	0.67	0.47	0.69	0.86	0.59	0.38	0.49	0.1	-0.25	0.46	0.27	-0.25	0.9	0.97	0.57	0.9	0.19	-0.2	0.7	0.57	0.91	0.22	0.91		1.0	0.8
Common Stock	0.67	0.47	0.69	0.86	0.59	0.38	0.49	0.1	-0.25	0.46	0.27	-0.25	0.9	0.97	0.57	0.9	0.19	-0.2	0.7	0.57	0.91	0.22	0.91	1.0		0.8
Other Liab	0.79	0.79	0.82	0.87	0.52	0.58	0.82	0.16	-0.46	0.66	0.57	-0.46	0.82	0.75	0.91	0.88	0.47	-0.65	0.94	0.65	0.86	0.31	0.86	0.8	0.8

Click cells to compare fundamentals

Cleveland Cliffs Account Relationship Matchups

Cleveland Cliffs fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	16.8B	19.0B	18.8B	17.5B	18.4B
Short Long Term Debt Total	2.1B	5.4B	5.2B	4.2B	3.1B	3.3B
Other Current Liab	216.2M	1.2B	1.3B	637M	1.4B	1.5B
Total Current Liabilities	409.4M	2.9B	3.6B	3.5B	3.5B	3.7B
Total Stockholder Equity	357.9M	2.0B	5.8B	8.0B	7.9B	8.3B
Property Plant And Equipment Net	1.9B	8.7B	9.2B	9.1B	8.9B	9.3B
Net Debt	1.8B	5.3B	5.2B	4.2B	2.9B	3.1B
Retained Earnings	(2.8B)	(3.0B)	(1M)	1.3B	1.7B	1.8B
Cash	352.6M	112M	48M	26M	198M	269.6M
Non Current Assets Total	2.6B	11.5B	11.3B	11.3B	10.9B	11.4B
Non Currrent Assets Other	217.4M	682M	1.0B	410M	38M	36.1M
Cash And Short Term Investments	352.6M	112M	48M	26M	198M	277.3M
Net Receivables	152.6M	1.2B	2.2B	2.0B	1.8B	1.9B
Common Stock Shares Outstanding	284.5M	379M	558M	524M	511M	536.6M
Liabilities And Stockholders Equity	3.5B	16.8B	19.0B	18.8B	17.5B	18.4B
Non Current Liabilities Total	2.7B	11.5B	9.6B	7.2B	5.9B	6.2B
Inventory	317.4M	3.8B	5.2B	5.1B	4.5B	4.7B
Other Current Assets	29.5M	165M	263M	306M	138M	98.4M
Other Stockholder Equity	3.5B	(11.7B)	(13.9B)	4.8B	4.4B	4.7B
Total Liab	3.1B	14.4B	13.2B	10.7B	9.4B	9.9B
Property Plant And Equipment Gross	1.9B	8.7B	11.5B	12.4B	12.9B	13.6B
Total Current Assets	897.9M	5.3B	7.7B	7.4B	6.6B	7.0B
Accumulated Other Comprehensive Income	(318.8M)	(133M)	618M	1.8B	1.7B	1.7B
Short Term Debt	22.1M	144M	147M	136M	90M	88.8M
Accounts Payable	193.2M	1.6B	2.1B	2.2B	2.1B	2.2B
Other Liab	576.1M	5.4B	4.0B	2.6B	3.0B	3.1B
Other Assets	678.6M	1.3B	671M	1.1B	1.3B	1.4B
Long Term Debt	2.1B	5.4B	5.2B	4.2B	3.1B	2.6B
Treasury Stock	(390.7M)	(354M)	(82M)	(310M)	(279M)	(293.0M)
Property Plant Equipment	1.9B	8.7B	9.2B	9.1B	10.4B	11.0B
Current Deferred Revenue	22.1M	7M	25M	590M	(90M)	(85.5M)
Intangible Assets	48M	188M	221M	214M	201M	131.1M
Retained Earnings Total Equity	(2.8B)	(3.0B)	(1M)	1.3B	1.2B	1.3B

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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:

How To Invest In Cleveland

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Is Cleveland Stock a good investment?

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What is Cleveland Cliffs' Net Worth?

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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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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.

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Cleveland Ebitda vs Net Income Analysis

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

Correlation Coefficient

Ebitda

Net Income

Cleveland Cliffs fundamental ratios Correlations

Cleveland Cliffs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cleveland Cliffs fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Accounts Payable	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Inventory	+ 0.99	Net Receivables
Total Current Assets	+ 0.99	Net Receivables

Other Stockholder Equity	- 0.85	Non Currrent Assets Other
Other Stockholder Equity	- 0.67	Non Current Liabilities Total
Other Liab	- 0.65	Other Stockholder Equity
Other Stockholder Equity	- 0.61	Net Debt
Total Liab	- 0.59	Other Stockholder Equity
Other Stockholder Equity	- 0.58	Short Long Term Debt Total