Freeport Mcmoran Stock Current Asset

Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.

In accordance with the recently published financial statements, Freeport McMoRan has a Current Asset of 0.0. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Copper industry. The current asset for all Germany stocks is 100.0% higher than that of the company.

The Macroaxis Fundamental Analysis modules help investors analyze Freeport McMoRan's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freeport McMoRan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freeport McMoRan based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Freeport McMoRan financial ratios help investors to determine whether Freeport Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Freeport with respect to the benefits of owning Freeport McMoRan security.