Freeport Historical Balance Sheet
0R2O Stock | 38.98 1.05 2.77% |
Trend analysis of Freeport McMoRan balance sheet accounts such as Short Long Term Debt Total of 6.2 B, Other Current Liabilities of 869.4 M or Total Current Liabilities of 6.1 B provides information on Freeport McMoRan's total assets, liabilities, and equity, which is the actual value of Freeport McMoRan to its prevalent stockholders. By breaking down trends over time using Freeport McMoRan balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Freeport McMoRan latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Freeport McMoRan is a good buy for the upcoming year.
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About Freeport Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Freeport McMoRan at a specified time, usually calculated after every quarter, six months, or one year. Freeport McMoRan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Freeport McMoRan and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Freeport currently owns. An asset can also be divided into two categories, current and non-current.
Freeport McMoRan Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Freeport McMoRan assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Freeport McMoRan books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Freeport McMoRan balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Freeport McMoRan are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most accounts from Freeport McMoRan's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Freeport McMoRan current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Freeport McMoRan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Freeport McMoRan's Cash And Short Term Investments are comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 55.1 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 869.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 9.5B | 10.6B | 9.9B | 6.2B | Total Assets | 48.0B | 51.1B | 52.5B | 55.1B |
Freeport McMoRan balance sheet Correlations
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Freeport McMoRan Account Relationship Matchups
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Freeport McMoRan balance sheet 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 | |
Other Current Liab | 1.4B | 1.5B | 1.7B | 1.7B | 1.6B | 869.4M | |
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 | 2.5B | |
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 | 853.7M | |
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 | 387.8M | |
Other Stockholder Equity | 22.1B | 22.3B | 21.6B | 19.6B | 18.9B | 19.8B | |
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 | |
Accounts Payable | 1.7B | 1.5B | 2.0B | 2.7B | 2.5B | 2.6B | |
Short Term Debt | 49M | 72M | 410M | 1.1B | 850M | 892.5M | |
Accumulated Other Comprehensive Income | (676M) | (583M) | (388M) | (320M) | (274M) | (287.7M) | |
Intangible Assets | 402M | 401M | 412M | 416M | 422M | 405.2M | |
Other Assets | 2.6B | 2.3B | 2.2B | 2.2B | 2.0B | 2.6B | |
Long Term Debt | 11.8B | 11.1B | 9.8B | 9.7B | 8.7B | 9.2B | |
Capital Surpluse | 26.8B | 26.0B | 25.8B | 26.0B | 23.4B | 21.0B | |
Treasury Stock | (3.7B) | (3.7B) | (3.7B) | (3.8B) | (3.4B) | (3.6B) | |
Property Plant Equipment | 29.6B | 29.8B | 30.3B | 32.6B | 37.5B | 30.9B | |
Other Liab | 10.1B | 10.2B | 9.8B | 10B | 11.5B | 10.9B | |
Net Tangible Assets | 8.9B | 9.8B | 13.6B | 15.1B | 17.4B | 11.8B |
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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.