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Bankruptcy Probability

Cleveland-Cliffs Inc's probability of bankruptcy is 3.1%, pointing to a small but noticeable default risk. The solvency score is 30/100 — a sign of moderate financial strength.

We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
+148%
5Y
+83%
10Y
-42%
Long-Term Investments
+
3Y
-
5Y
-
10Y
-
Debt
+
3Y
+121%
5Y
+43%
10Y
+248%

Solvency Ratios

Solvency Ratios Comparison
Cleveland-Cliffs Inc Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
US
Cleveland-Cliffs Inc
NYSE:CLF
7.9B USD
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ZA
Kumba Iron Ore Ltd
JSE:KIO
70.2B ZAR
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US
Nucor Corp
NYSE:NUE
58.8B USD
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BR
Vale SA
BOVESPA:VALE3
261.7B BRL
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LU
ArcelorMittal SA
AEX:MT
40.6B EUR
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US
Steel Dynamics Inc
NASDAQ:STLD
34.6B USD
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AU
Fortescue Metals Group Ltd
ASX:FMG
47.1B AUD
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AU
Fortescue Ltd
XMUN:FVJ
27.7B EUR
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IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR
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JP
Nippon Steel Corp
TSE:5401
3.5T JPY
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IN
Tata Steel Ltd
NSE:TATASTEEL
2.1T INR
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Is Cleveland-Cliffs Inc at risk of bankruptcy?

Cleveland-Cliffs Inc's probability of bankruptcy is 3.1%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Cleveland-Cliffs Inc have?

As of the latest report, Cleveland-Cliffs Inc has total debt of 7.6B USD. This includes both short-term (0 USD) and long-term (7.6B USD) debt.

You can find a full breakdown on its Balance Sheet.

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