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.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Freeport McMoRan Inventory

6.36 Billion

  
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.

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

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.

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.
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 Total9.5B10.6B9.9B6.2B
Total Assets48.0B51.1B52.5B55.1B

Freeport McMoRan balance sheet 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
Click cells to compare fundamentals

Freeport McMoRan Account Relationship Matchups

Freeport McMoRan balance sheet 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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional 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.