Freeport Total Other Income Expense Net vs Non Recurring Analysis

FCX Stock  USD 40.22  0.19  0.47%   
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 Total Other Income Expense Net and its Non Recurring 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.

Total Other Income Expense Net vs Non Recurring

Total Other Income Expense Net vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freeport McMoran Copper Total Other Income Expense Net account and Non Recurring. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Freeport McMoran's Total Other Income Expense Net and Non Recurring is -0.14. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Non Recurring 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 Total Other Income Expense Net and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Freeport McMoran Copper Gold are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Total Other Income Expense Net i.e., Freeport McMoran's Total Other Income Expense Net and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Other Income Expense Net

Non Recurring

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 2.7 B in 2025, whereas Selling General Administrative is likely to drop slightly above 315.5 M in 2025.
 2022 2023 2024 2025 (projected)
Total Operating Expenses656M935M1.1B969.6M
Cost Of Revenue15.1B15.7B18.0B19.0B

Freeport McMoran fundamental ratios Correlations

0.590.870.80.980.450.120.310.980.20.310.70.650.830.920.650.720.890.760.610.70.380.750.770.550.61
0.590.40.150.660.94-0.31-0.250.68-0.24-0.250.860.180.920.33-0.030.530.870.1-0.080.810.360.10.470.440.31
0.870.40.690.780.190.040.60.770.090.60.560.760.620.880.690.690.730.910.810.480.690.880.70.590.7
0.80.150.690.760.050.610.360.750.350.360.460.350.410.810.650.340.490.70.590.510.110.670.570.210.18
0.980.660.780.760.570.140.131.00.180.130.710.540.870.850.60.650.910.610.490.730.290.670.70.470.53
0.450.940.190.050.57-0.23-0.550.6-0.22-0.550.7-0.030.840.2-0.060.330.76-0.15-0.30.70.21-0.060.270.170.13
0.12-0.310.040.610.14-0.23-0.040.120.24-0.04-0.07-0.41-0.230.160.33-0.53-0.20.060.120.0-0.270.26-0.26-0.52-0.55
0.31-0.250.60.360.13-0.55-0.040.110.131.00.030.65-0.060.420.30.430.060.820.77-0.070.390.60.450.50.51
0.980.680.770.751.00.60.120.110.180.110.740.530.890.850.580.660.920.60.460.760.290.640.710.470.52
0.2-0.240.090.350.18-0.220.240.130.180.13-0.080.21-0.060.220.340.1-0.030.20.27-0.14-0.270.260.140.060.13
0.31-0.250.60.360.13-0.55-0.041.00.110.130.030.65-0.060.420.30.430.060.820.77-0.070.390.60.450.50.51
0.70.860.560.460.710.7-0.070.030.74-0.080.030.230.830.520.070.580.830.370.150.890.350.260.670.550.28
0.650.180.760.350.54-0.03-0.410.650.530.210.650.230.450.720.590.860.540.820.760.210.50.670.730.790.95
0.830.920.620.410.870.84-0.23-0.060.89-0.06-0.060.830.450.620.260.720.990.380.190.810.380.360.680.520.53
0.920.330.880.810.850.20.160.420.850.220.420.520.720.620.790.690.710.860.680.560.420.810.770.540.66
0.65-0.030.690.650.6-0.060.330.30.580.340.30.070.590.260.790.310.360.670.680.120.350.840.330.250.51
0.720.530.690.340.650.33-0.530.430.660.10.430.580.860.720.690.310.760.680.50.550.430.410.930.850.85
0.890.870.730.490.910.76-0.20.060.92-0.030.060.830.540.990.710.360.760.50.320.790.460.480.720.570.59
0.760.10.910.70.61-0.150.060.820.60.20.820.370.820.380.860.670.680.50.870.310.540.850.730.620.7
0.61-0.080.810.590.49-0.30.120.770.460.270.770.150.760.190.680.680.50.320.870.020.460.830.50.50.63
0.70.810.480.510.730.70.0-0.070.76-0.14-0.070.890.210.810.560.120.550.790.310.020.190.20.680.510.24
0.380.360.690.110.290.21-0.270.390.29-0.270.390.350.50.380.420.350.430.460.540.460.190.490.320.40.52
0.750.10.880.670.67-0.060.260.60.640.260.60.260.670.360.810.840.410.480.850.830.20.490.420.40.62
0.770.470.70.570.70.27-0.260.450.710.140.450.670.730.680.770.330.930.720.730.50.680.320.420.790.69
0.550.440.590.210.470.17-0.520.50.470.060.50.550.790.520.540.250.850.570.620.50.510.40.40.790.8
0.610.310.70.180.530.13-0.550.510.520.130.510.280.950.530.660.510.850.590.70.630.240.520.620.690.8
Click cells to compare fundamentals

Freeport McMoran Account Relationship Matchups

Freeport McMoran fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets42.1B48.0B51.1B52.5B60.4B63.4B
Short Long Term Debt Total9.7B9.5B10.6B9.9B11.3B6.2B
Total Current Liabilities3.4B5.9B6.3B5.8B6.7B7.0B
Total Stockholder Equity10.2B14.0B15.6B16.7B19.2B20.2B
Property Plant And Equipment Net29.8B30.3B32.6B35.3B40.6B42.6B
Net Debt6.1B1.4B2.5B5.1B5.9B4.4B
Retained Earnings(11.7B)(7.4B)(3.9B)(2.1B)(1.9B)(1.9B)
Cash3.7B8.1B8.1B4.8B5.5B5.7B
Non Current Assets Total32.8B33.2B35.5B38.4B44.2B46.4B
Non Currrent Assets Other3.0B2.8B(2.1B)2.4B2.8B2.9B
Cash And Short Term Investments3.7B8.1B8.1B4.8B5.5B5.7B
Net Receivables1.4B1.7B1.8B1.7B1.9B1.0B
Common Stock Shares Outstanding1.5B1.5B1.5B1.4B1.7B1.7B
Liabilities And Stockholders Equity42.1B48.0B51.1B52.5B60.4B63.4B
Non Current Liabilities Total20.1B19.1B19.9B19.4B22.3B23.4B
Other Current Assets341M523M492M1.6B1.8B1.9B
Other Stockholder Equity22.3B21.6B19.6B18.9B21.7B22.8B
Total Liab23.5B25.0B26.2B25.2B29.0B30.4B
Total Current Assets9.3B14.8B15.6B14.1B16.2B17.0B
Other Current Liab1.5B1.7B1.7B1.6B1.8B1.9B
Accounts Payable1.5B2.0B2.7B2.5B2.8B1.5B
Short Term Debt72M410M1.1B850M977.5M1.0B
Property Plant And Equipment Gross29.8B77.0B80.9B84.6B97.3B102.1B
Accumulated Other Comprehensive Income(583M)(388M)(320M)(274M)(315.1M)(330.9M)
Common Stock159M160M161M162M186.3M195.6M
Other Liab10.1B10.4B10.0B10B11.5B12.1B
Other Assets2.6B3.0B2.8B2.1B2.4B2.2B
Long Term Debt9.7B9.1B9.6B8.7B10.0B8.6B
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 Investments109M100M500M300M345M362.3M
Intangible Assets401M412M416M422M485.3M346.4M
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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