Freeport Current Deferred Revenue vs Accounts Payable Analysis

FCX Stock

USD 51.55 1.05 2.08%

Freeport McMoran financial indicator trend analysis is much more than just examining Freeport McMoran Copper latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freeport McMoran Copper is a good investment. Please check the relationship between Freeport McMoran Current Deferred Revenue and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freeport McMoran Copper Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Current Deferred Revenue vs Accounts Payable

Current Deferred Revenue vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freeport McMoran Copper Current Deferred Revenue account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.

The correlation between Freeport McMoran's Current Deferred Revenue and Accounts Payable is 0.35. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Freeport McMoran Copper Gold, assuming nothing else is changed. The correlation between historical values of Freeport McMoran's Current Deferred Revenue and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Freeport McMoran Copper Gold are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Current Deferred Revenue i.e., Freeport McMoran's Current Deferred Revenue and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Accounts Payable

An accounting item on the balance sheet that represents Freeport McMoran obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Freeport McMoran Copper are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Freeport McMoran's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freeport McMoran Copper current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freeport McMoran Copper Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

At this time, Freeport McMoran's Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to rise to about 2.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 315.5 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	529M	656M	798M	965.5M
Cost Of Revenue	14.0B	15.1B	15.8B	16.6B

Total Operating Expenses Cost Of Revenue

Freeport McMoran fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Accounts Payable	Short Term Debt	Property Plant And Equipment Gross	Common Stock	Common Stock Total Equity	Other Liab
Total Assets		0.66	0.85	0.77	0.98	0.51	0.06	0.27	0.98	-0.1	0.28	0.76	0.44	0.75	0.91	0.59	0.55	0.78	0.71	0.51	0.8	0.3	0.69	0.8	0.57	0.56
Short Long Term Debt Total	0.66		0.47	0.18	0.72	0.94	-0.31	-0.26	0.74	-0.09	-0.27	0.87	0.34	0.97	0.42	0.35	0.61	0.95	0.14	-0.12	0.7	0.39	0.13	0.48	0.44	0.3
Total Current Liabilities	0.85	0.47		0.63	0.75	0.24	-0.04	0.6	0.74	-0.32	0.61	0.62	0.51	0.52	0.85	0.39	0.49	0.59	0.89	0.75	0.68	0.64	0.85	0.73	0.62	0.68
Total Stockholder Equity	0.77	0.18	0.63		0.72	0.07	0.6	0.34	0.72	0.04	0.35	0.49	0.08	0.31	0.78	0.53	0.16	0.35	0.64	0.54	0.56	-0.01	0.6	0.57	0.19	0.1
Property Plant And Equipment Net	0.98	0.72	0.75	0.72		0.63	0.09	0.08	1.0	-0.08	0.09	0.76	0.35	0.8	0.84	0.62	0.49	0.81	0.55	0.39	0.78	0.21	0.61	0.7	0.47	0.48
Net Debt	0.51	0.94	0.24	0.07	0.63		-0.23	-0.56	0.65	-0.08	-0.56	0.72	0.07	0.86	0.27	0.27	0.38	0.81	-0.14	-0.26	0.49	0.24	-0.04	0.27	0.17	0.13
Retained Earnings	0.06	-0.31	-0.04	0.6	0.09	-0.23		-0.05	0.07	0.03	-0.04	-0.09	-0.62	-0.3	0.08	0.14	-0.61	-0.29	-0.02	0.19	-0.08	-0.34	0.21	-0.29	-0.57	-0.59
Cash	0.27	-0.26	0.6	0.34	0.08	-0.56	-0.05		0.06	-0.12	1.0	0.01	0.51	-0.15	0.42	0.02	0.26	-0.06	0.86	0.68	0.25	0.35	0.64	0.44	0.49	0.51
Non Current Assets Total	0.98	0.74	0.74	0.72	1.0	0.65	0.07	0.06		-0.06	0.07	0.78	0.35	0.82	0.84	0.61	0.51	0.82	0.54	0.36	0.79	0.21	0.58	0.72	0.48	0.47
Non Currrent Assets Other	-0.1	-0.09	-0.32	0.04	-0.08	-0.08	0.03	-0.12	-0.06		-0.13	0.02	0.05	0.0	-0.26	0.06	0.14	-0.02	-0.21	-0.33	0.07	-0.57	-0.32	0.02	-0.04	-0.24
Cash And Short Term Investments	0.28	-0.27	0.61	0.35	0.09	-0.56	-0.04	1.0	0.07	-0.13		0.0	0.5	-0.16	0.43	0.01	0.25	-0.06	0.86	0.7	0.23	0.36	0.66	0.44	0.49	0.52
Net Receivables	0.76	0.87	0.62	0.49	0.76	0.72	-0.09	0.01	0.78	0.02	0.0		0.4	0.9	0.6	0.43	0.68	0.92	0.41	0.05	0.85	0.35	0.27	0.67	0.52	0.26
Common Stock Shares Outstanding	0.44	0.34	0.51	0.08	0.35	0.07	-0.62	0.51	0.35	0.05	0.5	0.4		0.5	0.41	0.4	0.9	0.55	0.57	0.25	0.59	0.28	0.29	0.7	0.96	0.74
Non Current Liabilities Total	0.75	0.97	0.52	0.31	0.8	0.86	-0.3	-0.15	0.82	0.0	-0.16	0.9	0.5		0.52	0.51	0.74	0.99	0.25	-0.06	0.82	0.28	0.19	0.62	0.58	0.37
Inventory	0.91	0.42	0.85	0.78	0.84	0.27	0.08	0.42	0.84	-0.26	0.43	0.6	0.41	0.52		0.46	0.47	0.56	0.81	0.67	0.64	0.32	0.74	0.83	0.57	0.64
Other Current Assets	0.59	0.35	0.39	0.53	0.62	0.27	0.14	0.02	0.61	0.06	0.01	0.43	0.4	0.51	0.46		0.43	0.53	0.29	0.18	0.65	-0.17	0.3	0.43	0.36	0.15
Other Stockholder Equity	0.55	0.61	0.49	0.16	0.49	0.38	-0.61	0.26	0.51	0.14	0.25	0.68	0.9	0.74	0.47	0.43		0.77	0.47	0.04	0.73	0.26	0.12	0.82	0.91	0.6
Total Liab	0.78	0.95	0.59	0.35	0.81	0.81	-0.29	-0.06	0.82	-0.02	-0.06	0.92	0.55	0.99	0.56	0.53	0.77		0.34	0.02	0.86	0.33	0.26	0.66	0.63	0.41
Total Current Assets	0.71	0.14	0.89	0.64	0.55	-0.14	-0.02	0.86	0.54	-0.21	0.86	0.41	0.57	0.25	0.81	0.29	0.47	0.34		0.78	0.56	0.46	0.81	0.76	0.65	0.67
Other Current Liab	0.51	-0.12	0.75	0.54	0.39	-0.26	0.19	0.68	0.36	-0.33	0.7	0.05	0.25	-0.06	0.67	0.18	0.04	0.02	0.78		0.12	0.43	0.85	0.4	0.34	0.56
Accounts Payable	0.8	0.7	0.68	0.56	0.78	0.49	-0.08	0.25	0.79	0.07	0.23	0.85	0.59	0.82	0.64	0.65	0.73	0.86	0.56	0.12		0.18	0.44	0.73	0.63	0.38
Short Term Debt	0.3	0.39	0.64	-0.01	0.21	0.24	-0.34	0.35	0.21	-0.57	0.36	0.35	0.28	0.28	0.32	-0.17	0.26	0.33	0.46	0.43	0.18		0.4	0.29	0.37	0.47
Property Plant And Equipment Gross	0.69	0.13	0.85	0.6	0.61	-0.04	0.21	0.64	0.58	-0.32	0.66	0.27	0.29	0.19	0.74	0.3	0.12	0.26	0.81	0.85	0.44	0.4		0.43	0.39	0.61
Common Stock	0.8	0.48	0.73	0.57	0.7	0.27	-0.29	0.44	0.72	0.02	0.44	0.67	0.7	0.62	0.83	0.43	0.82	0.66	0.76	0.4	0.73	0.29	0.43		0.79	0.67
Common Stock Total Equity	0.57	0.44	0.62	0.19	0.47	0.17	-0.57	0.49	0.48	-0.04	0.49	0.52	0.96	0.58	0.57	0.36	0.91	0.63	0.65	0.34	0.63	0.37	0.39	0.79		0.8
Other Liab	0.56	0.3	0.68	0.1	0.48	0.13	-0.59	0.51	0.47	-0.24	0.52	0.26	0.74	0.37	0.64	0.15	0.6	0.41	0.67	0.56	0.38	0.47	0.61	0.67	0.8

Click cells to compare fundamentals

Freeport McMoran Account Relationship Matchups

Freeport McMoran fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.8B	42.1B	48.0B	51.1B	52.5B	55.1B
Short Long Term Debt Total	9.8B	9.7B	9.5B	10.6B	9.9B	6.2B
Total Current Liabilities	3.2B	3.4B	5.9B	6.3B	5.8B	6.1B
Total Stockholder Equity	9.3B	10.2B	14.0B	15.6B	16.7B	17.5B
Property Plant And Equipment Net	29.6B	29.8B	30.3B	32.6B	35.3B	37.1B
Net Debt	7.8B	6.1B	1.4B	2.5B	4.2B	4.3B
Retained Earnings	(12.3B)	(11.7B)	(7.4B)	(3.9B)	(2.1B)	(2.2B)
Cash	2.0B	3.7B	8.1B	8.1B	5.7B	5.9B
Non Current Assets Total	33.0B	32.8B	33.2B	35.5B	38.4B	40.4B
Non Currrent Assets Other	3.4B	3.0B	2.8B	(2.1B)	(2.4B)	(2.2B)
Cash And Short Term Investments	2.0B	3.7B	8.1B	8.1B	6.0B	6.3B
Net Receivables	1.2B	1.4B	1.7B	1.8B	1.7B	1.0B
Common Stock Shares Outstanding	1.5B	1.5B	1.5B	1.5B	1.4B	814.2M
Liabilities And Stockholders Equity	40.8B	42.1B	48.0B	51.1B	52.5B	55.1B
Non Current Liabilities Total	20.2B	20.1B	19.1B	19.9B	19.4B	10.9B
Other Current Assets	655M	341M	523M	492M	375M	192.2M
Other Stockholder Equity	22.1B	22.3B	21.6B	19.6B	18.9B	9.5B
Total Liab	23.4B	23.5B	25.0B	26.2B	25.2B	13.4B
Total Current Assets	7.8B	9.3B	14.8B	15.6B	14.1B	14.8B
Other Current Liab	628M	610M	1.8B	1.2B	2.3B	2.5B
Accounts Payable	2.6B	2.7B	3.5B	4.0B	2.5B	1.7B
Short Term Debt	5M	34M	372M	1.0B	850M	892.5M
Property Plant And Equipment Gross	29.6B	29.8B	77.0B	80.9B	84.6B	88.8B
Accumulated Other Comprehensive Income	(676M)	(583M)	(388M)	(320M)	(274M)	(287.7M)
Other Liab	10.1B	10.4B	10.0B	10B	11.5B	12.1B
Other Assets	2.6B	3.0B	2.8B	2.1B	2.4B	2.2B
Long Term Debt	9.8B	9.7B	9.1B	9.6B	8.7B	8.6B
Treasury Stock	(3.7B)	(3.8B)	(4.3B)	(5.7B)	(5.1B)	(4.9B)
Property Plant Equipment	31.0B	31.3B	30.3B	33.9B	39.0B	22.3B
Short Term Investments	11M	109M	100M	500M	300M	315M
Intangible Assets	402M	401M	412M	416M	422M	346.4M
Good Will	306M	398M	402M	401M	360.9M	678.1M
Net Tangible Assets	9.3B	10.2B	14.0B	15.6B	14.0B	9.9B
Noncontrolling Interest In Consolidated Entity	8.2B	8.5B	9.0B	9.3B	10.7B	5.7B
Retained Earnings Total Equity	(12.3B)	(11.7B)	(7.4B)	(3.9B)	(3.5B)	(3.7B)

Freeport McMoran Investors Sentiment

The influence of Freeport McMoran's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Freeport. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Freeport McMoran's public news can be used to forecast risks associated with an investment in Freeport. The trend in average sentiment can be used to explain how an investor holding Freeport can time the market purely based on public headlines and social activities around Freeport McMoran Copper Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Freeport McMoran's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Freeport McMoran's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Freeport McMoran's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Freeport McMoran.

Freeport McMoran Implied Volatility

41.18

Freeport McMoran's implied volatility exposes the market's sentiment of Freeport McMoran Copper Gold stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Freeport McMoran's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Freeport McMoran stock will not fluctuate a lot when Freeport McMoran's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Freeport McMoran in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Freeport McMoran's short interest history, or implied volatility extrapolated from Freeport McMoran options trading.

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When determining whether Freeport McMoran Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freeport McMoran's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freeport Mcmoran Copper Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freeport Mcmoran Copper Gold Stock:

How To Invest In Freeport

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Is Freeport Stock a good investment?

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What is Freeport McMoran's Net Worth?

Details

Largest Metals & Mining Companies

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Largest Materials Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freeport McMoran Copper Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Note that the Freeport McMoran Copper information on this page should be used as a complementary analysis to other Freeport McMoran's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Freeport Stock analysis

When running Freeport McMoran's price analysis, check to measure Freeport McMoran's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport McMoran is operating at the current time. Most of Freeport McMoran's value examination focuses on studying past and present price action to predict the probability of Freeport McMoran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport McMoran's price. Additionally, you may evaluate how the addition of Freeport McMoran to your portfolios can decrease your overall portfolio volatility.

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Is Freeport McMoran's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freeport McMoran. If investors know Freeport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freeport McMoran listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.30)

Dividend Share

0.6

Earnings Share

1.28

Revenue Per Share

16.585

Quarterly Revenue Growth

0.173

The market value of Freeport McMoran Copper is measured differently than its book value, which is the value of Freeport that is recorded on the company's balance sheet. Investors also form their own opinion of Freeport McMoran's value that differs from its market value or its book value, called intrinsic value, which is Freeport McMoran's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freeport McMoran's market value can be influenced by many factors that don't directly affect Freeport McMoran's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Freeport McMoran's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freeport McMoran is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freeport McMoran's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Freeport Current Deferred Revenue vs Accounts Payable Analysis

Current Deferred Revenue vs Accounts Payable

Current Deferred Revenue vs Accounts Payable Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Accounts Payable

Freeport McMoran fundamental ratios Correlations

Freeport McMoran Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Freeport McMoran fundamental ratios Accounts

Freeport McMoran Investors Sentiment

Freeport McMoran Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Freeport Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.62	Retained Earnings
Other Stockholder Equity	- 0.61	Retained Earnings
Other Liab	- 0.59	Retained Earnings
Short Term Debt	- 0.57	Non Currrent Assets Other
Common Stock Total Equity	- 0.57	Retained Earnings
Cash And Short Term Investments	- 0.56	Net Debt