Freeport Short Long Term Debt vs Other Current Liab Analysis

FCX Stock  USD 50.50  1.10  2.23%   
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 Short Long Term Debt and its Other Current Liab 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.

Short Long Term Debt vs Other Current Liab

Short Long Term Debt vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freeport McMoran Copper Short Long Term Debt account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Freeport McMoran's Short Long Term Debt and Other Current Liab is 0.39. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Other Current Liab 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 Short Long Term Debt and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Freeport McMoran Copper Gold are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Short Long Term Debt i.e., Freeport McMoran's Short Long Term Debt and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Other Current Liab

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 Expenses529M656M798M965.5M
Cost Of Revenue14.0B15.1B15.8B16.6B

Freeport McMoran fundamental ratios Correlations

0.660.850.770.980.510.060.270.98-0.10.280.760.440.750.910.590.550.780.710.510.80.30.690.80.570.56
0.660.470.180.720.94-0.31-0.260.74-0.09-0.270.870.340.970.420.350.610.950.14-0.120.70.390.130.480.440.3
0.850.470.630.750.24-0.040.60.74-0.320.610.620.510.520.850.390.490.590.890.750.680.640.850.730.620.68
0.770.180.630.720.070.60.340.720.040.350.490.080.310.780.530.160.350.640.540.56-0.010.60.570.190.1
0.980.720.750.720.630.090.081.0-0.080.090.760.350.80.840.620.490.810.550.390.780.210.610.70.470.48
0.510.940.240.070.63-0.23-0.560.65-0.08-0.560.720.070.860.270.270.380.81-0.14-0.260.490.24-0.040.270.170.13
0.06-0.31-0.040.60.09-0.23-0.050.070.03-0.04-0.09-0.62-0.30.080.14-0.61-0.29-0.020.19-0.08-0.340.21-0.29-0.57-0.59
0.27-0.260.60.340.08-0.56-0.050.06-0.121.00.010.51-0.150.420.020.26-0.060.860.680.250.350.640.440.490.51
0.980.740.740.721.00.650.070.06-0.060.070.780.350.820.840.610.510.820.540.360.790.210.580.720.480.47
-0.1-0.09-0.320.04-0.08-0.080.03-0.12-0.06-0.130.020.050.0-0.260.060.14-0.02-0.21-0.330.07-0.57-0.320.02-0.04-0.24
0.28-0.270.610.350.09-0.56-0.041.00.07-0.130.00.5-0.160.430.010.25-0.060.860.70.230.360.660.440.490.52
0.760.870.620.490.760.72-0.090.010.780.020.00.40.90.60.430.680.920.410.050.850.350.270.670.520.26
0.440.340.510.080.350.07-0.620.510.350.050.50.40.50.410.40.90.550.570.250.590.280.290.70.960.74
0.750.970.520.310.80.86-0.3-0.150.820.0-0.160.90.50.520.510.740.990.25-0.060.820.280.190.620.580.37
0.910.420.850.780.840.270.080.420.84-0.260.430.60.410.520.460.470.560.810.670.640.320.740.830.570.64
0.590.350.390.530.620.270.140.020.610.060.010.430.40.510.460.430.530.290.180.65-0.170.30.430.360.15
0.550.610.490.160.490.38-0.610.260.510.140.250.680.90.740.470.430.770.470.040.730.260.120.820.910.6
0.780.950.590.350.810.81-0.29-0.060.82-0.02-0.060.920.550.990.560.530.770.340.020.860.330.260.660.630.41
0.710.140.890.640.55-0.14-0.020.860.54-0.210.860.410.570.250.810.290.470.340.780.560.460.810.760.650.67
0.51-0.120.750.540.39-0.260.190.680.36-0.330.70.050.25-0.060.670.180.040.020.780.120.430.850.40.340.56
0.80.70.680.560.780.49-0.080.250.790.070.230.850.590.820.640.650.730.860.560.120.180.440.730.630.38
0.30.390.64-0.010.210.24-0.340.350.21-0.570.360.350.280.280.32-0.170.260.330.460.430.180.40.290.370.47
0.690.130.850.60.61-0.040.210.640.58-0.320.660.270.290.190.740.30.120.260.810.850.440.40.430.390.61
0.80.480.730.570.70.27-0.290.440.720.020.440.670.70.620.830.430.820.660.760.40.730.290.430.790.67
0.570.440.620.190.470.17-0.570.490.48-0.040.490.520.960.580.570.360.910.630.650.340.630.370.390.790.8
0.560.30.680.10.480.13-0.590.510.47-0.240.520.260.740.370.640.150.60.410.670.560.380.470.610.670.8
Click cells to compare fundamentals

Freeport McMoran Account Relationship Matchups

Freeport McMoran fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.8B42.1B48.0B51.1B52.5B55.1B
Short Long Term Debt Total9.8B9.7B9.5B10.6B9.9B6.2B
Total Current Liabilities3.2B3.4B5.9B6.3B5.8B6.1B
Total Stockholder Equity9.3B10.2B14.0B15.6B16.7B17.5B
Property Plant And Equipment Net29.6B29.8B30.3B32.6B35.3B37.1B
Net Debt7.8B6.1B1.4B2.5B4.2B4.3B
Retained Earnings(12.3B)(11.7B)(7.4B)(3.9B)(2.1B)(2.2B)
Cash2.0B3.7B8.1B8.1B5.7B5.9B
Non Current Assets Total33.0B32.8B33.2B35.5B38.4B40.4B
Non Currrent Assets Other3.4B3.0B2.8B(2.1B)(2.4B)(2.2B)
Cash And Short Term Investments2.0B3.7B8.1B8.1B6.0B6.3B
Net Receivables1.2B1.4B1.7B1.8B1.7B1.0B
Common Stock Shares Outstanding1.5B1.5B1.5B1.5B1.4B814.2M
Liabilities And Stockholders Equity40.8B42.1B48.0B51.1B52.5B55.1B
Non Current Liabilities Total20.2B20.1B19.1B19.9B19.4B10.9B
Other Current Assets655M341M523M492M375M192.2M
Other Stockholder Equity22.1B22.3B21.6B19.6B18.9B9.5B
Total Liab23.4B23.5B25.0B26.2B25.2B13.4B
Total Current Assets7.8B9.3B14.8B15.6B14.1B14.8B
Other Current Liab628M610M1.8B1.2B2.3B2.5B
Accounts Payable2.6B2.7B3.5B4.0B2.5B1.7B
Short Term Debt5M34M372M1.0B850M892.5M
Property Plant And Equipment Gross29.6B29.8B77.0B80.9B84.6B88.8B
Accumulated Other Comprehensive Income(676M)(583M)(388M)(320M)(274M)(287.7M)
Other Liab10.1B10.4B10.0B10B11.5B12.1B
Other Assets2.6B3.0B2.8B2.1B2.4B2.2B
Long Term Debt9.8B9.7B9.1B9.6B8.7B8.6B
Treasury Stock(3.7B)(3.8B)(4.3B)(5.7B)(5.1B)(4.9B)
Property Plant Equipment31.0B31.3B30.3B33.9B39.0B22.3B
Short Term Investments11M109M100M500M300M315M
Intangible Assets402M401M412M416M422M346.4M
Good Will306M398M402M401M360.9M678.1M
Net Tangible Assets9.3B10.2B14.0B15.6B14.0B9.9B
Noncontrolling Interest In Consolidated Entity8.2B8.5B9.0B9.3B10.7B5.7B
Retained Earnings Total Equity(12.3B)(11.7B)(7.4B)(3.9B)(3.5B)(3.7B)

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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:
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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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.