CLIFFS NATURAL RES

BE:CVA Germany Other
Market Cap
$110.89K
€108.03K EUR
Market Cap Rank
#40720 Global
#6034 in Germany
Share Price
€11.37
Change (1 day)
-2.50%
52-Week Range
€5.16 - €14.05
All Time High
€29.89
About

CLIFFS NATURAL RES operates in Diversified Metals & Mining.

CLIFFS NATURAL RES (CVA) - Total Assets

Latest total assets as of September 2024: €16.80 Billion EUR

Based on the latest financial reports, CLIFFS NATURAL RES (CVA) holds total assets worth €16.80 Billion EUR as of September 2024.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

CLIFFS NATURAL RES - Total Assets Trend (2016–2023)

This chart illustrates how CLIFFS NATURAL RES’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

CLIFFS NATURAL RES - Asset Composition Analysis

Current Asset Composition (December 2023)

CLIFFS NATURAL RES's total assets of €16.80 Billion consist of 37.8% current assets and 62.2% non-current assets.

Asset Category Amount (EUR) % of Total Assets
Cash & Equivalents €0.00 1.1%
Accounts Receivable €1.84 Billion 10.5%
Inventory €4.46 Billion 25.4%
Property, Plant & Equipment €0.00 0.0%
Intangible Assets €201.00 Million 1.2%
Goodwill €1.00 Billion 5.7%

Asset Composition Trend (2016–2023)

This chart illustrates how CLIFFS NATURAL RES's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: CLIFFS NATURAL RES's current assets represent 37.8% of total assets in 2023, a decrease from 42.9% in 2016.
  • Cash Position: Cash and equivalents constituted 1.1% of total assets in 2023, down from 16.8% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 2.0% in 2016.
  • Asset Diversification: The largest asset category is inventory at 25.4% of total assets.

CLIFFS NATURAL RES Competitors by Total Assets

Key competitors of CLIFFS NATURAL RES based on total assets are shown below.

Company Country Total Assets
MANHATTAN ASSOC
BE:MHT
Germany €698.14 Million
TV BROADCAST
MU:TBCN
Germany €6.25 Billion
FIRST CITIZENS BC A
BE:FC6A
Germany €220.57 Billion
COSTCO WHSL
MU:CTO
Germany €69.83 Billion
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
Germany €1.73 Trillion
BURCKHARDT COMPRE N
MU:B5H
Germany €1.07 Billion
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
USA $886.19 Million
2H0
F:2H0
Germany €15.27 Million

CLIFFS NATURAL RES - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.32 - 1.25

Strong asset utilization - CLIFFS NATURAL RES generates 1.25x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -0.73% - 31.96%

Moderate ROA - For every $100 in assets, CLIFFS NATURAL RES generates $ 2.28 in net profit.

CLIFFS NATURAL RES - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.85 2.11 2.19
Quick Ratio 0.55 0.71 1.42
Cash Ratio 0.00 0.00 0.00
Working Capital €2.77 Billion € 3.65 Billion € 488.50 Million

CLIFFS NATURAL RES - Advanced Valuation Insights

This section examines the relationship between CLIFFS NATURAL RES's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio -
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) -6.5%
Total Assets €17.54 Billion
Market Capitalization $112.91K USD

Valuation Analysis

Below Book Valuation: The market values CLIFFS NATURAL RES's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: CLIFFS NATURAL RES's assets decreased by 6.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for CLIFFS NATURAL RES (2016–2023)

The table below shows the annual total assets of CLIFFS NATURAL RES from 2016 to 2023.

Year Total Assets Change
2023-12-31 €17.54 Billion -6.49%
2022-12-31 €18.75 Billion -1.16%
2021-12-31 €18.98 Billion +13.14%
2020-12-31 €16.77 Billion +378.65%
2019-12-31 €3.50 Billion -0.73%
2018-12-31 €3.53 Billion +19.51%
2017-12-31 €2.95 Billion +53.51%
2016-12-31 €1.92 Billion --