Cliffs Natural Resources: A Look Back At The Year 2015

-11.56%
Downside
22.61
Market
20.00
Trefis
CLF: Cleveland-Cliffs logo
CLF
Cleveland-Cliffs

Cliffs Natural Resources’ revenue and EBITDA decreased 56% and 63% year-over-year, respectively, driven by the deconsolidation of the Eastern Canadian Iron Ore operations (which filed for bankruptcy in 2014), a decline in iron ore prices, a drop in iron ore production levels due to weak demand conditions, and the sale of the loss-making North American Coal division.

CLF Year in Review 1

CLF Year in Review 2

Relevant Articles
  1. What’s New With Cleveland-Cliffs Stock?
  2. What’s Happening With Cleveland-Cliffs Stock?
  3. Why We Are Raising Our Price Estimate For Cleveland-Cliffs Despite A Weak Q4
  4. With Contracted Prices For 2023 Up, Is Cleveland-Cliffs Stock A Buy?
  5. Company Of The Day: Cleveland-Cliffs
  6. What To Expect From Cleveland-Cliffs Q3 Results?

CLF Year in Review 3

Cost reduction initiatives and the impact of the sale of the loss-making coal mining operations partially offset the negative impact of top line headwinds on results.

CLF Year in Review 4

CLF Year in Review 6

Have more questions about Cliffs Natural Resources? See the links below.

Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Cliffs Natural Resources

 

See More at Trefis | View Interactive Institutional Research (Powered by Trefis)

Get Trefis Technology