Cleveland-Cliffs Inc (CLF) — Financial Flexibility Index

Latest as of March 2026: -0.01x

Cleveland-Cliffs Inc (CLF) has a Financial Flexibility Index of -0.01x as of March 2026. Free cash flow of $-173.00 Million (operating CF $-325.00 Million minus capex $152.00 Million) represents 0% of total liabilities ($14.10 Billion). Also explore net asset momentum of Cleveland-Cliffs Inc to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.01x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-173.00 Million
Operating CF − Capex

Total Liabilities

$14.10 Billion
USD

Capital Expenditures

$152.00 Million
USD

Cleveland-Cliffs Inc Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Cleveland-Cliffs Inc across 37 annual periods. Check Cleveland-Cliffs Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Cleveland-Cliffs Inc (1989–2025)

Year-by-year free cash flow to debt coverage for Cleveland-Cliffs Inc. For the full company profile including market capitalisation, see Cleveland-Cliffs Inc (CLF) total market value.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.01x $99.00 Million $-462.00 Million $13.69 Billion ▼ -87.3%
2024 0.06x $800.00 Million $105.00 Million $14.05 Billion ▼ -81.4%
2023 0.31x $2.88 Billion $2.23 Billion $9.41 Billion ▼ -2.7%
2022 0.31x $3.37 Billion $2.42 Billion $10.71 Billion ▲ +18.8%
2021 0.26x $3.49 Billion $2.79 Billion $13.20 Billion ▲ +1345.0%
2020 0.02x $264.00 Million $-261.00 Million $14.43 Billion ▼ -95.3%
2019 0.39x $1.22 Billion $562.50 Million $3.15 Billion ▲ +55.3%
2018 0.25x $774.60 Million $478.50 Million $3.11 Billion ▲ +71.2%
2017 0.15x $493.80 Million $338.10 Million $3.39 Billion ▲ +27.4%
2016 0.11x $372.10 Million $303.00 Million $3.25 Billion ▲ +325.2%
2015 0.03x $106.10 Million $22.70 Million $3.95 Billion ▼ -79.5%
2014 0.13x $643.00 Million $358.90 Million $4.90 Billion ▼ -59.2%
2013 0.32x $2.01 Billion $1.15 Billion $6.24 Billion ▲ +53.2%
2012 0.21x $1.64 Billion $514.50 Million $7.81 Billion ▼ -51.6%
2011 0.43x $3.26 Billion $2.38 Billion $7.50 Billion ▲ +7.8%
2010 0.40x $1.59 Billion $1.32 Billion $3.94 Billion ▲ +180.4%
2009 0.14x $302.00 Million $185.70 Million $2.10 Billion ▼ -67.3%
2008 0.44x $1.04 Billion $853.20 Million $2.36 Billion ▲ +49.3%
2007 0.29x $488.40 Million $288.90 Million $1.66 Billion ▼ -50.9%
2006 0.60x $561.40 Million $428.50 Million $935.80 Million ▼ -17.8%
2005 0.73x $620.90 Million $514.60 Million $850.90 Million ▲ +647.8%
2004 -0.13x $-80.70 Million $-141.40 Million $605.80 Million ▼ -234.0%
2003 0.10x $64.30 Million $42.70 Million $646.90 Million ▲ +21.8%
2002 0.08x $51.50 Million $40.90 Million $630.90 Million ▲ +116.8%
2001 0.04x $16.00 Million $6.80 Million $424.90 Million ▼ -77.9%
2000 0.17x $51.40 Million $28.00 Million $301.90 Million ▲ +24.3%
1999 0.14x $37.30 Million $4.00 Million $272.40 Million ▼ -72.7%
1998 0.50x $143.50 Million $92.10 Million $285.90 Million ▲ +20.8%
1997 0.42x $119.20 Million $42.30 Million $286.90 Million ▲ +4.9%
1996 0.40x $120.10 Million $83.40 Million $303.10 Million ▲ +48.7%
1995 0.27x $80.50 Million $58.00 Million $302.00 Million ▼ -54.5%
1994 0.59x $178.80 Million $167.90 Million $305.10 Million ▲ +971.5%
1993 -0.07x $-17.80 Million $-22.80 Million $264.70 Million ▼ -157.1%
1992 0.12x $31.50 Million $26.30 Million $267.60 Million ▼ -78.5%
1991 0.55x $99.40 Million $92.10 Million $181.70 Million ▲ +238.7%
1990 0.16x $35.00 Million $23.80 Million $216.70 Million ▼ -73.8%
1989 0.62x $114.10 Million $99.50 Million $185.20 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities