Freeport Deferred Long Term Liab vs Capital Surpluse Analysis

FCX Stock  USD 39.19  0.03  0.08%   
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 Deferred Long Term Liab and its Capital Surpluse 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.

Deferred Long Term Liab vs Capital Surpluse

JavaScript chart by amCharts 3.21.152014201620182020202220244B4.5B5B5.5B6B6.5B7B 22.5B23B23.5B24B24.5B25B25.5B26B26.5B27B27.5B28B28.5B
JavaScript chart by amCharts 3.21.15Deferred Long Term Liabtotal: 56.6BCapital Surplusetotal: 305.8B

Deferred Long Term Liab vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freeport McMoran Copper Deferred Long Term Liab account and Capital Surpluse. At this time, the significance of the direction appears to have very week relationship.
The correlation between Freeport McMoran's Deferred Long Term Liab and Capital Surpluse is 0.26. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Capital Surpluse 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 Deferred Long Term Liab and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Freeport McMoran Copper Gold are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Deferred Long Term Liab i.e., Freeport McMoran's Deferred Long Term Liab and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Capital Surpluse

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

0.660.850.770.980.510.060.270.980.120.280.760.440.750.910.590.550.780.710.530.760.30.690.80.570.56
0.660.470.180.720.94-0.31-0.260.74-0.24-0.270.870.340.970.420.350.610.950.14-0.070.810.380.130.480.440.3
0.850.470.630.750.24-0.040.60.74-0.020.610.620.510.520.850.390.490.590.890.760.530.650.850.730.620.68
0.770.180.630.720.070.60.340.720.290.350.490.080.310.780.530.160.350.640.520.55-0.010.60.570.190.1
0.980.720.750.720.630.090.081.00.10.090.760.350.80.840.620.490.810.550.40.790.210.610.70.470.48
0.510.940.240.070.63-0.23-0.560.65-0.22-0.560.720.070.860.270.270.380.81-0.14-0.30.710.24-0.040.270.170.13
0.06-0.31-0.040.60.09-0.23-0.050.070.21-0.04-0.09-0.62-0.30.080.14-0.61-0.29-0.020.05-0.02-0.340.21-0.29-0.57-0.59
0.27-0.260.60.340.08-0.56-0.050.060.111.00.010.51-0.150.420.020.26-0.060.860.8-0.10.370.640.440.490.51
0.980.740.740.721.00.650.070.060.110.070.780.350.820.840.610.510.820.540.370.810.210.580.720.480.47
0.12-0.24-0.020.290.1-0.220.210.110.110.12-0.10.0-0.150.11-0.05-0.05-0.160.10.19-0.16-0.370.150.120.020.08
0.28-0.270.610.350.09-0.56-0.041.00.070.120.00.5-0.160.430.010.25-0.060.860.8-0.10.380.660.440.490.52
0.760.870.620.490.760.72-0.090.010.78-0.10.00.40.90.60.430.680.920.410.150.890.350.270.670.520.26
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
0.750.970.520.310.80.86-0.3-0.150.82-0.15-0.160.90.50.520.510.740.990.250.040.880.280.190.620.580.37
0.910.420.850.780.840.270.080.420.840.110.430.60.410.520.460.470.560.810.60.640.320.740.830.570.64
0.590.350.390.530.620.270.140.020.61-0.050.010.430.40.510.460.430.530.290.320.59-0.160.30.430.360.15
0.550.610.490.160.490.38-0.610.260.51-0.050.250.680.90.740.470.430.770.470.280.640.270.120.820.910.6
0.780.950.590.350.810.81-0.29-0.060.82-0.16-0.060.920.550.990.560.530.770.340.130.880.330.260.660.630.41
0.710.140.890.640.55-0.14-0.020.860.540.10.860.410.570.250.810.290.470.340.840.340.470.810.760.650.67
0.53-0.070.760.520.4-0.30.050.80.370.190.80.150.50.040.60.320.280.130.840.00.390.790.50.510.61
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
0.30.380.65-0.010.210.24-0.340.370.21-0.370.380.350.30.280.32-0.160.270.330.470.390.180.410.30.390.48
0.690.130.850.60.61-0.040.210.640.580.150.660.270.290.190.740.30.120.260.810.790.210.410.430.390.61
0.80.480.730.570.70.27-0.290.440.720.120.440.670.70.620.830.430.820.660.760.50.680.30.430.790.67
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
0.560.30.680.10.480.13-0.590.510.470.080.520.260.740.370.640.150.60.410.670.610.210.480.610.670.8
Click cells to compare fundamentals

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)2.4B2.5B
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 Investments11M109M100M500M300M315M
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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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.