Freeport Net Borrowings vs Other Non Cash Items Analysis

0R2O Stock

38.98 1.05 2.77%

Freeport McMoRan financial indicator trend analysis is much more than just examining Freeport McMoRan latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freeport McMoRan is a good investment. Please check the relationship between Freeport McMoRan Net Borrowings and its Other Non Cash Items accounts. 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.

Net Borrowings vs Other Non Cash Items

Net Borrowings vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freeport McMoRan Net Borrowings account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Freeport McMoRan's Net Borrowings and Other Non Cash Items is -0.34. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Freeport McMoRan, assuming nothing else is changed. The correlation between historical values of Freeport McMoRan's Net Borrowings and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Freeport McMoRan are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Borrowings i.e., Freeport McMoRan's Net Borrowings and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Other Non Cash Items

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 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 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.

Selling General Administrative is likely to gain to about 427.5 M in 2024, whereas Tax Provision is likely to drop slightly above 927.3 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	22.8B	22.8B	22.9B	24.0B
Depreciation And Amortization	2.0B	2.0B	2.1B	1.1B

Total Revenue Depreciation And Amortization

Freeport McMoRan fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	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	Accounts Payable	Short Term Debt	Common Stock	Current Deferred Revenue	Short Term Investments	Good Will
Total Assets		0.66	0.79	0.85	0.77	0.98	0.51	0.06	0.27	0.98	0.12	0.28	0.61	0.44	0.75	0.91	0.44	0.7	0.78	0.71	0.93	0.3	0.57	0.51	0.25	-0.74
Short Long Term Debt Total	0.66		0.58	0.47	0.18	0.72	0.94	-0.31	-0.26	0.74	-0.24	-0.27	0.2	0.34	0.97	0.42	0.85	0.56	0.95	0.14	0.53	0.39	0.46	0.11	-0.16	-0.52
Other Current Liab	0.79	0.58		0.64	0.69	0.74	0.35	0.01	0.31	0.76	0.11	0.3	0.85	0.63	0.74	0.68	0.34	0.69	0.79	0.61	0.67	0.1	0.7	0.46	0.2	-0.64
Total Current Liabilities	0.85	0.47	0.64		0.63	0.75	0.24	-0.04	0.6	0.74	-0.02	0.61	0.61	0.51	0.52	0.85	0.26	0.67	0.59	0.89	0.92	0.65	0.61	0.67	0.27	-0.76
Total Stockholder Equity	0.77	0.18	0.69	0.63		0.72	0.07	0.6	0.34	0.72	0.29	0.35	0.63	0.08	0.31	0.78	0.08	0.29	0.35	0.64	0.71	-0.01	0.17	0.57	0.06	-0.33
Property Plant And Equipment Net	0.98	0.72	0.74	0.75	0.72		0.63	0.09	0.08	1.0	0.1	0.09	0.48	0.35	0.8	0.84	0.54	0.62	0.81	0.55	0.87	0.21	0.47	0.43	0.19	-0.66
Net Debt	0.51	0.94	0.35	0.24	0.07	0.63		-0.23	-0.56	0.65	-0.22	-0.56	-0.09	0.07	0.86	0.27	0.9	0.36	0.81	-0.14	0.36	0.24	0.19	-0.07	-0.32	-0.32
Retained Earnings	0.06	-0.31	0.01	-0.04	0.6	0.09	-0.23		-0.05	0.07	0.21	-0.04	0.03	-0.62	-0.3	0.08	-0.18	-0.59	-0.29	-0.02	0.06	-0.35	-0.62	0.25	-0.29	0.52
Cash	0.27	-0.26	0.31	0.6	0.34	0.08	-0.56	-0.05		0.06	0.11	1.0	0.65	0.51	-0.15	0.42	-0.5	0.39	-0.06	0.86	0.4	0.37	0.49	0.52	0.54	-0.42
Non Current Assets Total	0.98	0.74	0.76	0.74	0.72	1.0	0.65	0.07	0.06		0.11	0.07	0.49	0.35	0.82	0.84	0.55	0.64	0.82	0.54	0.86	0.22	0.48	0.42	0.16	-0.66
Non Currrent Assets Other	0.12	-0.24	0.11	-0.02	0.29	0.1	-0.22	0.21	0.11	0.11		0.12	0.31	0.0	-0.15	0.11	-0.38	0.04	-0.16	0.1	-0.03	-0.36	0.0	0.39	0.21	0.07
Cash And Short Term Investments	0.28	-0.27	0.3	0.61	0.35	0.09	-0.56	-0.04	1.0	0.07	0.12		0.64	0.5	-0.16	0.43	-0.5	0.39	-0.06	0.86	0.41	0.37	0.48	0.53	0.54	-0.42
Net Receivables	0.61	0.2	0.85	0.61	0.63	0.48	-0.09	0.03	0.65	0.49	0.31	0.64		0.69	0.39	0.59	-0.16	0.6	0.46	0.76	0.53	0.14	0.7	0.56	0.4	-0.53
Common Stock Shares Outstanding	0.44	0.34	0.63	0.51	0.08	0.35	0.07	-0.62	0.51	0.35	0.0	0.5	0.69		0.5	0.41	0.0	0.82	0.55	0.57	0.41	0.3	0.97	0.28	0.61	-0.79
Non Current Liabilities Total	0.75	0.97	0.74	0.52	0.31	0.8	0.86	-0.3	-0.15	0.82	-0.15	-0.16	0.39	0.5		0.52	0.76	0.67	0.99	0.25	0.59	0.28	0.6	0.18	0.0	-0.63
Inventory	0.91	0.42	0.68	0.85	0.78	0.84	0.27	0.08	0.42	0.84	0.11	0.43	0.59	0.41	0.52		0.27	0.68	0.56	0.81	0.94	0.32	0.55	0.49	0.28	-0.77
Other Current Assets	0.44	0.85	0.34	0.26	0.08	0.54	0.9	-0.18	-0.5	0.55	-0.38	-0.5	-0.16	0.0	0.76	0.27		0.3	0.73	-0.11	0.4	0.25	0.15	-0.03	-0.39	-0.33
Other Stockholder Equity	0.7	0.56	0.69	0.67	0.29	0.62	0.36	-0.59	0.39	0.64	0.04	0.39	0.6	0.82	0.67	0.68	0.3		0.7	0.66	0.64	0.4	0.91	0.27	0.4	-0.95
Total Liab	0.78	0.95	0.79	0.59	0.35	0.81	0.81	-0.29	-0.06	0.82	-0.16	-0.06	0.46	0.55	0.99	0.56	0.73	0.7		0.34	0.65	0.34	0.65	0.26	0.03	-0.67
Total Current Assets	0.71	0.14	0.61	0.89	0.64	0.55	-0.14	-0.02	0.86	0.54	0.1	0.86	0.76	0.57	0.25	0.81	-0.11	0.66	0.34		0.79	0.47	0.64	0.63	0.46	-0.72
Accounts Payable	0.93	0.53	0.67	0.92	0.71	0.87	0.36	0.06	0.4	0.86	-0.03	0.41	0.53	0.41	0.59	0.94	0.4	0.64	0.65	0.79		0.45	0.55	0.49	0.29	-0.75
Short Term Debt	0.3	0.39	0.1	0.65	-0.01	0.21	0.24	-0.35	0.37	0.22	-0.36	0.37	0.14	0.3	0.28	0.32	0.25	0.4	0.34	0.47	0.45		0.38	0.28	-0.13	-0.45
Common Stock	0.57	0.46	0.7	0.61	0.17	0.47	0.19	-0.62	0.49	0.48	0.0	0.48	0.7	0.97	0.6	0.55	0.15	0.91	0.65	0.64	0.55	0.38		0.3	0.53	-0.89
Current Deferred Revenue	0.51	0.11	0.46	0.67	0.57	0.43	-0.07	0.25	0.52	0.42	0.39	0.53	0.56	0.28	0.18	0.49	-0.03	0.27	0.26	0.63	0.49	0.28	0.3		0.14	-0.32
Short Term Investments	0.25	-0.16	0.2	0.27	0.06	0.19	-0.32	-0.29	0.54	0.16	0.21	0.54	0.4	0.61	0.0	0.28	-0.39	0.4	0.03	0.46	0.29	-0.13	0.53	0.14		-0.45
Good Will	-0.74	-0.52	-0.64	-0.76	-0.33	-0.66	-0.32	0.52	-0.42	-0.66	0.07	-0.42	-0.53	-0.79	-0.63	-0.77	-0.33	-0.95	-0.67	-0.72	-0.75	-0.45	-0.89	-0.32	-0.45

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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
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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Freeport Net Borrowings vs Other Non Cash Items Analysis

Net Borrowings vs Other Non Cash Items

Net Borrowings vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Net Borrowings

Other Non Cash Items

Freeport McMoRan fundamental ratios Correlations

Freeport McMoRan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Freeport McMoRan fundamental ratios Accounts

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Additional Tools for Freeport Stock Analysis

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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

Good Will	- 0.95	Other Stockholder Equity
Good Will	- 0.89	Common Stock
Good Will	- 0.79	Common Stock Shares Outstanding
Good Will	- 0.77	Inventory
Good Will	- 0.76	Total Current Liabilities
Good Will	- 0.75	Accounts Payable