Cleveland-Cliffs Inc (CLF) — Cash Flow-to-Debt Ratio
Cleveland-Cliffs Inc (CLF) has a Cash Flow-to-Debt Ratio of -0.02x as of March 2026, meaning its operating cash flow of $-325.00 Million could theoretically repay 0% of its total liabilities ($14.10 Billion) in one year. See cash generation quality of Cleveland-Cliffs Inc to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cleveland-Cliffs Inc Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Cleveland-Cliffs Inc across 37 annual periods. Also explore Cleveland-Cliffs Inc equity growth rate to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Cleveland-Cliffs Inc (1989–2025)
Year-by-year debt coverage analysis for Cleveland-Cliffs Inc. For market capitalisation and broader financial context, see CLF stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -0.03x | $-462.00 Million | $13.69 Billion | ▼ -551.6% |
| 2024 | 0.01x | $105.00 Million | $14.05 Billion | ▼ -96.8% |
| 2023 | 0.24x | $2.23 Billion | $9.41 Billion | ▲ +4.9% |
| 2022 | 0.23x | $2.42 Billion | $10.71 Billion | ▲ +7.2% |
| 2021 | 0.21x | $2.79 Billion | $13.20 Billion | ▲ +1266.4% |
| 2020 | -0.02x | $-261.00 Million | $14.43 Billion | ▼ -110.1% |
| 2019 | 0.18x | $562.50 Million | $3.15 Billion | ▲ +16.0% |
| 2018 | 0.15x | $478.50 Million | $3.11 Billion | ▲ +54.5% |
| 2017 | 0.10x | $338.10 Million | $3.39 Billion | ▲ +7.1% |
| 2016 | 0.09x | $303.00 Million | $3.25 Billion | ▲ +1518.5% |
| 2015 | 0.01x | $22.70 Million | $3.95 Billion | ▼ -92.1% |
| 2014 | 0.07x | $358.90 Million | $4.90 Billion | ▼ -60.1% |
| 2013 | 0.18x | $1.15 Billion | $6.24 Billion | ▲ +179.0% |
| 2012 | 0.07x | $514.50 Million | $7.81 Billion | ▼ -79.2% |
| 2011 | 0.32x | $2.38 Billion | $7.50 Billion | ▼ -5.4% |
| 2010 | 0.34x | $1.32 Billion | $3.94 Billion | ▲ +279.3% |
| 2009 | 0.09x | $185.70 Million | $2.10 Billion | ▼ -75.6% |
| 2008 | 0.36x | $853.20 Million | $2.36 Billion | ▲ +107.9% |
| 2007 | 0.17x | $288.90 Million | $1.66 Billion | ▼ -62.0% |
| 2006 | 0.46x | $428.50 Million | $935.80 Million | ▼ -24.3% |
| 2005 | 0.60x | $514.60 Million | $850.90 Million | ▲ +359.1% |
| 2004 | -0.23x | $-141.40 Million | $605.80 Million | ▼ -453.6% |
| 2003 | 0.07x | $42.70 Million | $646.90 Million | ▲ +1.8% |
| 2002 | 0.06x | $40.90 Million | $630.90 Million | ▲ +305.1% |
| 2001 | 0.02x | $6.80 Million | $424.90 Million | ▼ -82.7% |
| 2000 | 0.09x | $28.00 Million | $301.90 Million | ▲ +531.6% |
| 1999 | 0.01x | $4.00 Million | $272.40 Million | ▼ -95.4% |
| 1998 | 0.32x | $92.10 Million | $285.90 Million | ▲ +118.5% |
| 1997 | 0.15x | $42.30 Million | $286.90 Million | ▼ -46.4% |
| 1996 | 0.28x | $83.40 Million | $303.10 Million | ▲ +43.3% |
| 1995 | 0.19x | $58.00 Million | $302.00 Million | ▼ -65.1% |
| 1994 | 0.55x | $167.90 Million | $305.10 Million | ▲ +738.9% |
| 1993 | -0.09x | $-22.80 Million | $264.70 Million | ▼ -187.6% |
| 1992 | 0.10x | $26.30 Million | $267.60 Million | ▼ -80.6% |
| 1991 | 0.51x | $92.10 Million | $181.70 Million | ▲ +361.5% |
| 1990 | 0.11x | $23.80 Million | $216.70 Million | ▼ -79.6% |
| 1989 | 0.54x | $99.50 Million | $185.20 Million | — |