GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME

CLF · Sep 30, 2025

CLEVELAND-CLIFFS INC.. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.

STATE CAPABILITYLEVEL 3[email protected]

Inspectable configuration

State dimensions

Filing0000764065-25-000149General Corporate

Debt relative to revenueRAWCurrent state valid · history insufficient

Evidence method

Level · gp.fundamentals.debt_to_revenue

169.81% · OPTIONAL · NOT_ENOUGH_HISTORY

Capex intensityRAWCurrent state valid · history insufficient

Evidence method

Level · gp.fundamentals.capex_revenue_ratio

3.32% · OPTIONAL · NOT_ENOUGH_HISTORY

Operating cash generationRAWCurrent state valid · history insufficient

Evidence method

Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue

-3.02% · OPTIONAL · NOT_ENOUGH_HISTORY

Revenue growthRAWCurrent state valid · history insufficient

Evidence method

Yoy · gp.fundamentals.revenue

3.61% · CORE · NOT_ENOUGH_HISTORY

Inventory pressureRAWCurrent state valid · history insufficient

Evidence method

Level · gp.fundamentals.inventory_revenue_ratio

98.92% · OPTIONAL · NOT_ENOUGH_HISTORY

Operating marginRAWCurrent state valid · history insufficient

Evidence method

Level · gp.fundamentals.operating_margin

-4.31% · CORE · NOT_ENOUGH_HISTORY

As-filed lineage

Fundamental state history

Each observation is tied to the filing and facts available at that report date. Amendments remain separate.

History5 statesHistory building

Jun 30, 20250/6 normalizedLevel 3 Sep 30, 20250/6 normalizedLevel 3 Dec 31, 20250/7 normalizedLevel 3 Mar 31, 20260/6 normalizedLevel 3 Jun 30, 20265/6 normalizedLevel 3

Period transition

What moved in the state?

Balance Sheet Leverage Increased

Previous: 156.61%
Current: 169.81%
Delta: 13.21%

Capex Intensity Increased

Previous: 2.27%
Current: 3.32%
Delta: 1.05%

Cash Generation Decreased

Previous: 0.91%
Current: -3.02%
Delta: -3.93%

Growth Increased

Previous: -3.10%
Current: 3.61%
Delta: 6.71%

Inventory Pressure Increased

Previous: 95.24%
Current: 98.92%
Delta: 3.69%

Profitability Increased

Previous: -10.09%
Current: -4.31%
Delta: 5.78%

Self-history only

Previous similar states

Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.

Not enough compatible prior states for a transparent self-history match.

Research Graph

Related governed research

Transitioned To · CLF Fundamental State →Has State · CLEVELAND-CLIFFS INC. →Transitioned To · CLF Fundamental State →Transitioned To · CLF BALANCE_SHEET_LEVERAGE_INCREASED →Transitioned To · CLF CAPEX_INTENSITY_INCREASED →Transitioned To · CLF CASH_GENERATION_DECREASED →Transitioned To · CLF GROWTH_INCREASED →Transitioned To · CLF INVENTORY_PRESSURE_INCREASED →Transitioned To · CLF PROFITABILITY_INCREASED →

Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.