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Cleveland-Cliffs CLF Impairment of long-lived assets

Impairment of long-lived assets at other companies

Humana logo
HumanaHUM
$2M-77.8%
Cleveland-Cliffs logo
Cleveland-CliffsCLF
$9.75M-50.6%
Jazz Pharmaceuticals logo
Jazz PharmaceuticalsJAZZ
$0
Lineage, Inc. logo
Lineage, Inc.LINE
$1M-95.9%
Devon Energy logo
Devon EnergyDVN
$0-100%
Core Scientific, Inc. logo
Core Scientific, Inc.CORZ
$266.49M

Other financials

Income statement

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Revenue$4.9B+6.3%
Gross profit-$82.0M+79.3%
Operating income-$213.0M+60.8%
Net income-$229.0M+52.9%
EPS (diluted)-$0.42+58.4%

Balance sheet

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Cash & equivalents$45.0M-21.1%
Total debt$7.8B+2.1%
Total equity$5.8B-6.9%
Total assets$20.1B-3.5%

Cash flow

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Operating cash flow-$325.0M+7.4%
CapEx$152.0M0.0%
Free cash flow-$477.0M+5.2%

Valuation

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Market cap$7B+18.6%
Enterprise value$14.72B+8.0%
P/S0.4×+0.1×

Profitability

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Gross margin-2.9%
Operating margin-6.6%-0.2pp
Net margin-6.2%0.0pp
FCF margin-5.3%-0.3pp

Returns & leverage

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Return on equity-19.3%+3.1pp
Debt / equity1.3×+0.1×
Current ratio-0.1×

Where this comes from

Reported directly by Cleveland-Cliffs in its filing.

Tagged under the XBRL concept us-gaap:TangibleAssetImpairmentCharges.

The official record: Cleveland-Cliffs’s 10-K, filed February 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cleveland-Cliffs's impairment of long-lived assets?
Cleveland-Cliffs (CLF) reported impairment of long-lived assets of $9.75M in Q4 2025.
How has Cleveland-Cliffs's impairment of long-lived assets changed year-over-year?
Cleveland-Cliffs's impairment of long-lived assets decreased by 50.6% year-over-year, from $19.75M to $9.75M.
What is the long-term trend for Cleveland-Cliffs's impairment of long-lived assets?
Over 3 years (2022 to 2025), Cleveland-Cliffs's impairment of long-lived assets has grown at a 10.4% compound annual growth rate (CAGR), from $29M to $39M.
What does impairment of long-lived assets mean?
This metric reflects the non-cash write-down of the carrying value of long-lived assets when their fair value falls below their book value. It serves as an indicator that the expected future economic benefits from these assets have diminished, often due to market shifts or changes in business strategy. High or frequent impairment charges may signal poor historical capital allocation or a deteriorating competitive position for specific business units.