Freeport Short Term Debt vs Other Stockholder Equity Analysis

FCX Stock  USD 43.76  0.06  0.14%   
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 Term Debt and its Other Stockholder Equity 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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Short Term Debt vs Other Stockholder Equity

Short Term Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freeport McMoran Copper Short Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Freeport McMoran's Short Term Debt and Other Stockholder Equity is 0.27. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Stockholder Equity 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 Term Debt and Other Stockholder Equity 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 Term Debt of Freeport McMoran Copper Gold are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Debt i.e., Freeport McMoran's Short Term Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Other Stockholder Equity

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 closely tied 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 Expenses529M656M935M969.6M
Cost Of Revenue14.0B15.1B15.8B16.6B

Freeport McMoran fundamental ratios Correlations

0.660.850.770.980.510.060.270.980.10.280.760.440.750.910.590.550.780.710.530.760.30.690.80.570.56
0.660.470.180.720.94-0.31-0.260.74-0.23-0.270.870.340.970.420.350.610.950.14-0.070.810.380.130.480.440.3
0.850.470.630.750.24-0.040.60.74-0.050.610.620.510.520.850.390.490.590.890.760.530.650.850.730.620.68
0.770.180.630.720.070.60.340.720.280.350.490.080.310.780.530.160.350.640.520.55-0.010.60.570.190.1
0.980.720.750.720.630.090.081.00.090.090.760.350.80.840.620.490.810.550.40.790.210.610.70.470.48
0.510.940.240.070.63-0.23-0.560.65-0.21-0.560.720.070.860.270.270.380.81-0.14-0.30.710.24-0.040.270.170.13
0.06-0.31-0.040.60.09-0.23-0.050.070.2-0.04-0.09-0.62-0.30.080.14-0.61-0.29-0.020.05-0.02-0.340.21-0.29-0.57-0.59
0.27-0.260.60.340.08-0.56-0.050.060.11.00.010.51-0.150.420.020.26-0.060.860.8-0.10.370.640.440.490.51
0.980.740.740.721.00.650.070.060.10.070.780.350.820.840.610.510.820.540.370.810.210.580.720.480.47
0.1-0.23-0.050.280.09-0.210.20.10.10.1-0.090.0-0.140.08-0.04-0.03-0.150.080.16-0.16-0.390.120.110.020.06
0.28-0.270.610.350.09-0.56-0.041.00.070.10.00.5-0.160.430.010.25-0.060.860.8-0.10.380.660.440.490.52
0.760.870.620.490.760.72-0.090.010.78-0.090.00.40.90.60.430.680.920.410.150.890.350.270.670.520.26
0.440.340.510.080.350.07-0.620.510.350.00.50.40.50.410.40.90.550.570.50.370.30.290.70.960.74
0.750.970.520.310.80.86-0.3-0.150.82-0.14-0.160.90.50.520.510.740.990.250.040.880.280.190.620.580.37
0.910.420.850.780.840.270.080.420.840.080.430.60.410.520.460.470.560.810.60.640.320.740.830.570.64
0.590.350.390.530.620.270.140.020.61-0.040.010.430.40.510.460.430.530.290.320.59-0.160.30.430.360.15
0.550.610.490.160.490.38-0.610.260.51-0.030.250.680.90.740.470.430.770.470.280.640.270.120.820.910.6
0.780.950.590.350.810.81-0.29-0.060.82-0.15-0.060.920.550.990.560.530.770.340.130.880.330.260.660.630.41
0.710.140.890.640.55-0.14-0.020.860.540.080.860.410.570.250.810.290.470.340.840.340.470.810.760.650.67
0.53-0.070.760.520.4-0.30.050.80.370.160.80.150.50.040.60.320.280.130.840.00.390.790.50.510.61
0.760.810.530.550.790.71-0.02-0.10.81-0.16-0.10.890.370.880.640.590.640.880.340.00.180.210.680.480.21
0.30.380.65-0.010.210.24-0.340.370.21-0.390.380.350.30.280.32-0.160.270.330.470.390.180.410.30.390.48
0.690.130.850.60.61-0.040.210.640.580.120.660.270.290.190.740.30.120.260.810.790.210.410.430.390.61
0.80.480.730.570.70.27-0.290.440.720.110.440.670.70.620.830.430.820.660.760.50.680.30.430.790.67
0.570.440.620.190.470.17-0.570.490.480.020.490.520.960.580.570.360.910.630.650.510.480.390.390.790.8
0.560.30.680.10.480.13-0.590.510.470.060.520.260.740.370.640.150.60.410.670.610.210.480.610.670.8
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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
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)2.1B2.2B
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 Liab628M1.5B1.7B1.7B1.6B1.6B
Accounts Payable2.6B1.5B2.0B2.7B2.5B1.5B
Short Term Debt5M72M410M1.1B850M892.5M
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 Investments11M109M100M500M(335M)(318.3M)
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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