Freeport Non Currrent Assets Other vs Property Plant And Equipment Net 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 Non Currrent Assets Other and its Property Plant And Equipment Net 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.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freeport McMoRan Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Freeport McMoRan's Non Currrent Assets Other and Property Plant And Equipment Net is 0.1. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net 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 Non Currrent Assets Other and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Freeport McMoRan are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Freeport McMoRan's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Revenue22.8B22.8B22.9B24.0B
Depreciation And Amortization2.0B2.0B2.1B1.1B

Freeport McMoRan fundamental ratios Correlations

0.660.790.850.770.980.510.060.270.980.120.280.610.440.750.910.440.70.780.710.930.30.570.510.25-0.74
0.660.580.470.180.720.94-0.31-0.260.74-0.24-0.270.20.340.970.420.850.560.950.140.530.390.460.11-0.16-0.52
0.790.580.640.690.740.350.010.310.760.110.30.850.630.740.680.340.690.790.610.670.10.70.460.2-0.64
0.850.470.640.630.750.24-0.040.60.74-0.020.610.610.510.520.850.260.670.590.890.920.650.610.670.27-0.76
0.770.180.690.630.720.070.60.340.720.290.350.630.080.310.780.080.290.350.640.71-0.010.170.570.06-0.33
0.980.720.740.750.720.630.090.081.00.10.090.480.350.80.840.540.620.810.550.870.210.470.430.19-0.66
0.510.940.350.240.070.63-0.23-0.560.65-0.22-0.56-0.090.070.860.270.90.360.81-0.140.360.240.19-0.07-0.32-0.32
0.06-0.310.01-0.040.60.09-0.23-0.050.070.21-0.040.03-0.62-0.30.08-0.18-0.59-0.29-0.020.06-0.35-0.620.25-0.290.52
0.27-0.260.310.60.340.08-0.56-0.050.060.111.00.650.51-0.150.42-0.50.39-0.060.860.40.370.490.520.54-0.42
0.980.740.760.740.721.00.650.070.060.110.070.490.350.820.840.550.640.820.540.860.220.480.420.16-0.66
0.12-0.240.11-0.020.290.1-0.220.210.110.110.120.310.0-0.150.11-0.380.04-0.160.1-0.03-0.360.00.390.210.07
0.28-0.270.30.610.350.09-0.56-0.041.00.070.120.640.5-0.160.43-0.50.39-0.060.860.410.370.480.530.54-0.42
0.610.20.850.610.630.48-0.090.030.650.490.310.640.690.390.59-0.160.60.460.760.530.140.70.560.4-0.53
0.440.340.630.510.080.350.07-0.620.510.350.00.50.690.50.410.00.820.550.570.410.30.970.280.61-0.79
0.750.970.740.520.310.80.86-0.3-0.150.82-0.15-0.160.390.50.520.760.670.990.250.590.280.60.180.0-0.63
0.910.420.680.850.780.840.270.080.420.840.110.430.590.410.520.270.680.560.810.940.320.550.490.28-0.77
0.440.850.340.260.080.540.9-0.18-0.50.55-0.38-0.5-0.160.00.760.270.30.73-0.110.40.250.15-0.03-0.39-0.33
0.70.560.690.670.290.620.36-0.590.390.640.040.390.60.820.670.680.30.70.660.640.40.910.270.4-0.95
0.780.950.790.590.350.810.81-0.29-0.060.82-0.16-0.060.460.550.990.560.730.70.340.650.340.650.260.03-0.67
0.710.140.610.890.640.55-0.14-0.020.860.540.10.860.760.570.250.81-0.110.660.340.790.470.640.630.46-0.72
0.930.530.670.920.710.870.360.060.40.86-0.030.410.530.410.590.940.40.640.650.790.450.550.490.29-0.75
0.30.390.10.65-0.010.210.24-0.350.370.22-0.360.370.140.30.280.320.250.40.340.470.450.380.28-0.13-0.45
0.570.460.70.610.170.470.19-0.620.490.480.00.480.70.970.60.550.150.910.650.640.550.380.30.53-0.89
0.510.110.460.670.570.43-0.070.250.520.420.390.530.560.280.180.49-0.030.270.260.630.490.280.30.14-0.32
0.25-0.160.20.270.060.19-0.32-0.290.540.160.210.540.40.610.00.28-0.390.40.030.460.29-0.130.530.14-0.45
-0.74-0.52-0.64-0.76-0.33-0.66-0.320.52-0.42-0.660.07-0.42-0.53-0.79-0.63-0.77-0.33-0.95-0.67-0.72-0.75-0.45-0.89-0.32-0.45
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Freeport McMoRan Account Relationship Matchups

Freeport McMoRan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.8B42.1B48.0B51.1B52.5B55.1B
Short Long Term Debt Total9.8B9.7B9.5B10.6B9.9B6.2B
Other Current Liab1.4B1.5B1.7B1.7B1.6B869.4M
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)2.4B2.5B
Cash And Short Term Investments2.0B3.7B8.1B8.1B6.0B6.3B
Net Receivables1.2B1.4B1.7B1.8B1.7B853.7M
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 Assets655M341M523M492M375M387.8M
Other Stockholder Equity22.1B22.3B21.6B19.6B18.9B19.8B
Total Liab23.4B23.5B25.0B26.2B25.2B13.4B
Total Current Assets7.8B9.3B14.8B15.6B14.1B14.8B
Accounts Payable1.7B1.5B2.0B2.7B2.5B2.6B
Short Term Debt49M72M410M1.1B850M892.5M
Accumulated Other Comprehensive Income(676M)(583M)(388M)(320M)(274M)(287.7M)
Intangible Assets402M401M412M416M422M405.2M
Other Assets2.6B2.3B2.2B2.2B2.0B2.6B
Long Term Debt11.8B11.1B9.8B9.7B8.7B9.2B
Capital Surpluse26.8B26.0B25.8B26.0B23.4B21.0B
Treasury Stock(3.7B)(3.7B)(3.7B)(3.8B)(3.4B)(3.6B)
Property Plant Equipment29.6B29.8B30.3B32.6B37.5B30.9B
Other Liab10.1B10.2B9.8B10B11.5B10.9B
Net Tangible Assets8.9B9.8B13.6B15.1B17.4B11.8B

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