Freeport Current Ratio from 2010 to 2024

FCX Stock  USD 40.62  0.12  0.29%   
Freeport McMoran Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.41874463
Current Value
2.53
Quarterly Volatility
0.48287276
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Freeport McMoran financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freeport McMoran's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 313.8 M or Total Revenue of 24 B, as well as many indicators such as Price To Sales Ratio of 4.21, Dividend Yield of 0.0134 or PTB Ratio of 3.47. Freeport financial statements analysis is a perfect complement when working with Freeport McMoran Valuation or Volatility modules.
  
Check out the analysis of Freeport McMoran Correlation against competitors.

Latest Freeport McMoran's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Freeport McMoran Copper Gold over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Freeport McMoran's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Freeport McMoran's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.56 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Freeport Current Ratio Regression Statistics

Arithmetic Mean2.50
Geometric Mean2.46
Coefficient Of Variation19.31
Mean Deviation0.34
Median2.46
Standard Deviation0.48
Sample Variance0.23
Range1.6848
R-Value(0.08)
Mean Square Error0.25
R-Squared0.01
Significance0.77
Slope(0.01)
Total Sum of Squares3.26

Freeport Current Ratio History

2024 2.53
2023 2.42
2022 2.46
2021 2.52
2020 2.72
2019 2.43
2018 3.23

About Freeport McMoran Financial Statements

Freeport McMoran investors use historical fundamental indicators, such as Freeport McMoran's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Freeport McMoran. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.42  2.53 

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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.