Cleveland-Cliffs Inc Net Asset Quality Index
Cleveland-Cliffs Inc net asset quality index. Cleveland-Cliffs Inc (CLF) has a Net Asset Quality Index of 28.9% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $20.11 Billion minus total liabilities of $14.30 Billion yields net assets of $5.82 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Cleveland-Cliffs Inc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Cleveland-Cliffs Inc (1985–2025)
Net asset quality index of Cleveland-Cliffs Inc from 1985 to 2025. This chart shows how Cleveland-Cliffs Inc's Net Asset Quality Index has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the index stands at 28.9%, representing net assets of $5.82 Billion against total assets of $20.11 Billion USD. See CLF net asset value for net asset value and shareholders' equity analysis.
Cleveland-Cliffs Inc Net Asset Quality Index by Year (1985–2025)
Cleveland-Cliffs Inc net asset quality index by year from 1985 to 2025. The table below presents the year-by-year Net Asset Quality Index for Cleveland-Cliffs Inc from 1985 to 2025, covering 41 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Cleveland-Cliffs Inc stock valuation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 31.6% | $6.32 Billion | $20.01 Billion | $13.69 Billion | ▼ -1.3 pp |
| 2024 | 32.9% | $6.90 Billion | $20.95 Billion | $14.05 Billion | ▼ -13.4 pp |
| 2023 | 46.3% | $8.12 Billion | $17.54 Billion | $9.41 Billion | ▲ +3.4 pp |
| 2022 | 42.9% | $8.04 Billion | $18.75 Billion | $10.71 Billion | ▲ +12.4 pp |
| 2021 | 30.4% | $5.77 Billion | $18.98 Billion | $13.20 Billion | ▲ +16.5 pp |
| 2020 | 14.0% | $2.34 Billion | $16.77 Billion | $14.43 Billion | ▲ +3.7 pp |
| 2019 | 10.2% | $357.90 Million | $3.50 Billion | $3.15 Billion | ▼ -1.8 pp |
| 2018 | 12.0% | $424.20 Million | $3.53 Billion | $3.11 Billion | ▲ +26.8 pp |
| 2017 | -14.8% | $-436.10 Million | $2.95 Billion | $3.39 Billion | ▲ +54.4 pp |
| 2016 | -69.2% | $-1.33 Billion | $1.92 Billion | $3.25 Billion | ▲ +15.7 pp |
| 2015 | -84.9% | $-1.81 Billion | $2.13 Billion | $3.95 Billion | ▼ -31.8 pp |
| 2014 | -53.1% | $-1.70 Billion | $3.20 Billion | $4.90 Billion | ▼ -105.6 pp |
| 2013 | 52.5% | $6.88 Billion | $13.12 Billion | $6.24 Billion | ▲ +10.0 pp |
| 2012 | 42.4% | $5.76 Billion | $13.57 Billion | $7.81 Billion | ▼ -6.0 pp |
| 2011 | 48.4% | $7.04 Billion | $14.54 Billion | $7.50 Billion | ▼ -0.9 pp |
| 2010 | 49.4% | $3.84 Billion | $7.78 Billion | $3.94 Billion | ▼ -5.3 pp |
| 2009 | 54.7% | $2.54 Billion | $4.64 Billion | $2.10 Billion | ▲ +12.0 pp |
| 2008 | 42.7% | $1.75 Billion | $4.11 Billion | $2.36 Billion | ▼ -3.4 pp |
| 2007 | 46.0% | $1.42 Billion | $3.08 Billion | $1.66 Billion | ▼ -5.7 pp |
| 2006 | 51.8% | $1.00 Billion | $1.94 Billion | $935.80 Million | ▲ +0.5 pp |
| 2005 | 51.3% | $895.80 Million | $1.75 Billion | $850.90 Million | ▲ +3.5 pp |
| 2004 | 47.8% | $555.30 Million | $1.16 Billion | $605.80 Million | ▲ +20.1 pp |
| 2003 | 27.7% | $248.30 Million | $895.20 Million | $646.90 Million | ▲ +14.1 pp |
| 2002 | 13.6% | $99.20 Million | $730.10 Million | $630.90 Million | ▼ -34.9 pp |
| 2001 | 48.5% | $400.10 Million | $825.00 Million | $424.90 Million | ▼ -10.0 pp |
| 2000 | 58.5% | $425.90 Million | $727.80 Million | $301.90 Million | ▼ -1.4 pp |
| 1999 | 59.9% | $407.30 Million | $679.70 Million | $272.40 Million | ▼ -0.6 pp |
| 1998 | 60.5% | $437.60 Million | $723.50 Million | $285.90 Million | ▲ +1.8 pp |
| 1997 | 58.7% | $407.40 Million | $694.30 Million | $286.90 Million | ▲ +3.7 pp |
| 1996 | 55.0% | $370.60 Million | $673.70 Million | $303.10 Million | ▲ +1.9 pp |
| 1995 | 53.1% | $342.60 Million | $644.60 Million | $302.00 Million | ▲ +2.6 pp |
| 1994 | 50.5% | $311.40 Million | $616.50 Million | $305.10 Million | ▼ -1.0 pp |
| 1993 | 51.5% | $280.70 Million | $545.40 Million | $264.70 Million | ▲ +1.3 pp |
| 1992 | 50.2% | $269.60 Million | $537.20 Million | $267.60 Million | ▼ -11.4 pp |
| 1991 | 61.5% | $290.80 Million | $472.50 Million | $181.70 Million | ▲ +4.2 pp |
| 1990 | 57.3% | $290.80 Million | $507.50 Million | $216.70 Million | ▲ +2.3 pp |
| 1989 | 55.0% | $226.00 Million | $411.20 Million | $185.20 Million | ▲ +11.7 pp |
| 1988 | 43.3% | $168.60 Million | $389.80 Million | $221.20 Million | ▼ -9.3 pp |
| 1987 | 52.6% | $345.40 Million | $656.70 Million | $311.30 Million | ▲ +5.5 pp |
| 1986 | 47.1% | $275.50 Million | $585.20 Million | $309.70 Million | ▼ -10.1 pp |
| 1985 | 57.1% | $320.00 Million | $560.10 Million | $240.10 Million | — |