Freeport Non Currrent Assets Other vs Other Current Assets Analysis

0R2O Stock   39.71  0.09  0.23%   
Freeport McMoRan financial indicator trend analysis is much more than just examining Freeport McMoRan latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freeport McMoRan is a good investment. Please check the relationship between Freeport McMoRan Non Currrent Assets Other and its Other Current Assets accounts. 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.

Non Currrent Assets Other vs Other Current Assets

Non Currrent Assets Other vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freeport McMoRan Non Currrent Assets Other account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
Non Currrent Assets OtherOther Current AssetsDiversified AwayNon Currrent Assets OtherOther Current AssetsDiversified Away100%
The correlation between Freeport McMoRan's Non Currrent Assets Other and Other Current Assets is -0.1. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Freeport McMoRan, assuming nothing else is changed. The correlation between historical values of Freeport McMoRan's Non Currrent Assets Other and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Freeport McMoRan are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Freeport McMoRan's Non Currrent Assets Other and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 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 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.
Selling General Administrative is likely to gain to about 427.5 M in 2025, whereas Tax Provision is likely to drop slightly above 927.3 M in 2025.
 2022 2023 2024 2025 (projected)
Total Revenue22.8B22.9B26.3B27.6B
Depreciation And Amortization2.0B2.1B2.4B2.5B

Freeport McMoRan fundamental ratios Correlations

0.590.930.870.80.980.450.120.310.980.20.310.750.650.830.920.640.720.890.760.940.380.560.550.3-0.73
0.590.460.40.150.660.94-0.31-0.250.68-0.24-0.250.070.180.920.330.650.530.870.10.450.360.440.11-0.17-0.52
0.930.460.820.850.880.270.130.460.880.260.460.850.640.710.870.420.760.780.80.860.280.60.560.31-0.74
0.870.40.820.690.780.190.040.60.770.090.60.80.760.620.880.560.690.730.910.940.690.60.690.32-0.73
0.80.150.850.690.760.050.610.360.750.350.360.780.350.410.810.350.340.490.70.760.10.220.60.12-0.35
0.980.660.880.780.760.570.140.131.00.180.130.620.540.870.850.70.650.910.610.880.290.470.470.24-0.66
0.450.940.270.190.050.57-0.23-0.550.6-0.22-0.55-0.16-0.030.840.20.70.330.76-0.150.30.210.17-0.07-0.32-0.32
0.12-0.310.130.040.610.14-0.23-0.040.120.24-0.040.16-0.41-0.230.160.02-0.53-0.20.060.13-0.28-0.520.28-0.250.49
0.31-0.250.460.60.360.13-0.55-0.040.110.131.00.750.65-0.060.42-0.250.430.060.820.420.380.50.510.56-0.43
0.980.680.880.770.751.00.60.120.110.180.110.620.530.890.850.70.660.920.60.870.290.480.460.21-0.66
0.2-0.240.260.090.350.18-0.220.240.130.180.130.460.21-0.060.22-0.10.1-0.030.20.08-0.260.060.430.250.04
0.31-0.250.460.60.360.13-0.55-0.041.00.110.130.750.65-0.060.42-0.250.430.060.820.420.380.50.510.56-0.43
0.750.070.850.80.780.62-0.160.160.750.620.460.750.750.360.80.110.640.470.920.730.330.570.640.48-0.59
0.650.180.640.760.350.54-0.03-0.410.650.530.210.650.750.450.720.240.860.540.820.680.510.790.410.7-0.85
0.830.920.710.620.410.870.84-0.23-0.060.89-0.06-0.060.360.450.620.710.720.990.380.690.380.520.240.06-0.7
0.920.330.870.880.810.850.20.160.420.850.220.420.80.720.620.620.690.710.860.950.420.550.540.33-0.72
0.640.650.420.560.350.70.70.02-0.250.7-0.1-0.250.110.240.710.620.360.730.270.680.470.190.27-0.2-0.44
0.720.530.760.690.340.650.33-0.530.430.660.10.430.640.860.720.690.360.760.680.660.440.850.30.43-0.96
0.890.870.780.730.490.910.76-0.20.060.92-0.030.060.470.540.990.710.730.760.50.780.470.570.340.11-0.75
0.760.10.80.910.70.61-0.150.060.820.60.20.820.920.820.380.860.270.680.50.830.540.630.650.48-0.69
0.940.450.860.940.760.880.30.130.420.870.080.420.730.680.690.950.680.660.780.830.520.550.540.34-0.73
0.380.360.280.690.10.290.21-0.280.380.29-0.260.380.330.510.380.420.470.440.470.540.520.410.33-0.06-0.47
0.560.440.60.60.220.470.17-0.520.50.480.060.50.570.790.520.550.190.850.570.630.550.410.370.53-0.87
0.550.110.560.690.60.47-0.070.280.510.460.430.510.640.410.240.540.270.30.340.650.540.330.370.18-0.34
0.3-0.170.310.320.120.24-0.32-0.250.560.210.250.560.480.70.060.33-0.20.430.110.480.34-0.060.530.18-0.47
-0.73-0.52-0.74-0.73-0.35-0.66-0.320.49-0.43-0.660.04-0.43-0.59-0.85-0.7-0.72-0.44-0.96-0.75-0.69-0.73-0.47-0.87-0.34-0.47
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
Other Current Liab1.5B1.7B1.7B1.6B1.8B1.9B
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 Receivables1.4B1.7B1.8B1.7B1.9B2.0B
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
Accounts Payable1.5B2.0B2.7B2.5B2.8B3.0B
Short Term Debt72M410M1.1B850M977.5M1.0B
Accumulated Other Comprehensive Income(583M)(388M)(320M)(274M)(315.1M)(330.9M)
Common Stock159M160M161M162M186.3M100.1M
Intangible Assets401M412M416M422M485.3M405.2M
Other Assets2.6B2.3B2.2B2.2B2.0B2.6B
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

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