Cleveland-Cliffs Inc (CLF) — Defensive Interval Ratio

Latest as of March 2026: 207 days

Cleveland-Cliffs Inc (CLF) has a Defensive Interval Ratio of 207 days as of March 2026. Defensive assets of $1.88 Billion (cash $-, short-term investments $-, receivables $1.88 Billion) cover 207 days of daily cash needs of $9.10 Million/day. Check Cleveland-Cliffs Inc (CLF) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

207 days
Days of operational coverage

Defensive Assets

$1.88 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$9.10 Million
Current Liabilities ÷ 365

Current Liabilities

$3.32 Billion
USD

Cleveland-Cliffs Inc Defensive Interval Ratio (1985–2025)

This chart shows how Cleveland-Cliffs Inc's Defensive Interval Ratio has evolved across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 207 days, meaning defensive assets of $1.88 Billion can fund 207 days of operations without new revenue. Also explore net asset growth rate of Cleveland-Cliffs Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Cleveland-Cliffs Inc (1985–2025)

The table below presents the year-by-year Defensive Interval Ratio for Cleveland-Cliffs Inc from 1985 to 2025, covering 41 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see how much is Cleveland-Cliffs Inc worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 166 days $1.50 Billion $9.05 Million/day $57.00 Million $- ▼ -13 days
2024 179 days $1.63 Billion $9.10 Million/day $54.00 Million $- ▼ -33 days
2023 212 days $2.04 Billion $9.61 Million/day $198.00 Million $- ▲ +8 days
2022 204 days $1.99 Billion $9.72 Million/day $26.00 Million $- ▼ -21 days
2021 226 days $2.20 Billion $9.76 Million/day $48.00 Million $- ▲ +63 days
2020 163 days $1.30 Billion $8.02 Million/day $112.00 Million $- ▼ -121 days
2019 283 days $317.60 Million $1.12 Million/day $165.00 Million $- ▼ -698 days
2018 981 days $1.26 Billion $1.28 Million/day $823.20 Million $91.50 Million ▲ +6 days
2017 975 days $1.21 Billion $1.24 Million/day $978.30 Million $37.90 Million ▲ +508 days
2016 467 days $500.70 Million $1.07 Million/day $323.40 Million $0.00 ▲ +395 days
2015 73 days $115.20 Million $1.58 Million/day $- $0.00 ▼ -95 days
2014 168 days $443.30 Million $2.65 Million/day $- $0.00 ▲ +40 days
2013 128 days $380.70 Million $2.97 Million/day $- $0.00 ▲ +7 days
2012 121 days $456.70 Million $3.78 Million/day $- $0.00 ▲ +41 days
2011 80 days $326.10 Million $4.09 Million/day $- $0.00 ▼ -77 days
2010 157 days $441.70 Million $2.82 Million/day $- $82.60 Million ▲ +90 days
2009 66 days $103.50 Million $1.56 Million/day $- $0.00 ▲ +37 days
2008 30 days $68.50 Million $2.31 Million/day $- $- ▼ -66 days
2007 96 days $104.60 Million $1.09 Million/day $- $- ▲ +7 days
2006 88 days $90.50 Million $1.03 Million/day $- $- ▲ +6 days
2005 82 days $81.10 Million $993.70K/day $- $9.90 Million ▼ -318 days
2004 400 days $281.80 Million $704.38K/day $- $182.70 Million ▲ +382 days
2003 18 days $10.90 Million $618.90K/day $- $- ▼ -24 days
2002 41 days $23.10 Million $561.10K/day $- $- ▼ -20 days
2001 62 days $32.00 Million $520.00K/day $- $- ▼ -170 days
2000 231 days $64.80 Million $280.00K/day $- $- ▼ -178 days
1999 409 days $82.60 Million $201.92K/day $- $- ▲ +167 days
1998 242 days $59.10 Million $244.38K/day $- $- ▼ -50 days
1997 292 days $73.40 Million $251.51K/day $- $- ▲ +49 days
1996 243 days $70.20 Million $289.04K/day $- $- ▲ +25 days
1995 218 days $61.80 Million $283.56K/day $- $- ▼ -24 days
1994 242 days $65.90 Million $272.88K/day $- $- ▲ +31 days
1993 210 days $36.90 Million $175.34K/day $- $- ▼ -46 days
1992 256 days $42.30 Million $165.21K/day $- $- ▼ -36 days
1991 292 days $52.80 Million $180.82K/day $- $- ▼ -177 days
1990 469 days $121.10 Million $258.36K/day $- $- ▲ +298 days
1989 171 days $36.90 Million $216.16K/day $- $- ▼ -65 days
1988 236 days $51.30 Million $217.53K/day $- $- ▲ +33 days
1987 202 days $46.40 Million $229.32K/day $- $- ▲ +3 days
1986 200 days $54.10 Million $270.96K/day $- $- ▼ -56 days
1985 255 days $47.50 Million $186.03K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)