Freeport-McMoran Balance Sheet - Annual (NYSE:FCX)

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$14.92 $0.19 (1.26%) FCX stock closing price Aug 13, 2018 (Closing)

The Freeport-McMoran balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Freeport-McMoran stock analysis. A company releases its balance sheet every year along with its annual results. The balance sheet shows total liabilities of $26.01B and shareholders equity of $11.3B. Freeport-McMoran revenue and Freeport-McMoran operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check Freeport-McMoran financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash4.45B4.25B224M464M1.99B3.71B4.82B3.74B2.66B872M
Marketable Securities----------
Receivables1.57B2.09B2.28B2.56B2.56B1.63B1.14B2.43B1.8B1.21B
Inventory3.89B3.64B4.79B5.36B5.02B4.58B3.87B3.43B2.87B2.76B
Raw Materials1.31B1.31B1.87B1.89B1.73B1.5B1.35B1.17B1.09B1.12B
Work In Progress----------
Finished Goods2.59B2.34B2.92B3.48B3.29B3.07B2.52B2.27B1.78B1.64B
Notes Receivable----------
Other Current Assets868M454M173M657M407M387M214M254M104M386M
Total Current Assets
10.78B10.44B7.46B9.05B9.97B10.3B10.05B9.85B7.43B5.23B
Property Plant & Equipment37.08B35.96B40.25B37.48B34.25B29.65B25.98B23.38B21.79B20.55B
Accumulated Depreciation14.25B12.74B12.74B11.26B10.21B8.65B7.53B6.59B5.59B4.54B
Net Property Plant & Equipment
22.84B23.29B34.6B45.49B47.4B21B18.45B16.79B16.2B16B
Investment & Advances----------
Other Non-Current Assets1.41B1.63B2.27B2.18B2.39B2.72B2.36B1.43B1.32B1.15B
Deferred Charges----------
Intangibles----1.92B-325M328M347M364M
Deposits & Other Assets2.27B1.96B2.24B2.08B1.8B1.42B888M997M700M609M
Total Assets
37.3B37.32B46.58B58.8B63.47B35.44B32.07B29.39B26B23.35B
Notes Payable----------
Accounts Payable2.32B2.39B3.36B3.65B3.7B2.32B2.25B2.44B2.04B2.72B
Current Portion Long-Term Debt1.41B1.23B649M478M312M2M4M95M16M67M
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable565M66M23M410M192M477M163M648M474M163M
Other Current Liabilities738M574M280M631M569M540M521M579M474M206M
Total Current Liabilities
5.04B4.27B4.31B5.17B4.77B3.34B2.94B3.76B3B3.16B
Mortgages----------
Deferred Taxes/Income3.62B3.77B4.29B6.4B7.41B3.49B3.26B2.87B2.5B2.34B
Convertible Debt----------
Long-Term Debt11.7B14.8B19.78B18.49B20.39B3.53B3.53B4.66B6.33B7.28B
Non-Current Capital Leases----------
Other Long-Term Liabilities5.64B5.23B5.4B5.51B4.95B3.77B3.79B3.53B3.4B3.47B
Total Liabilities
26.01B28.06B34.53B36.32B38.24B14.13B13.52B14.83B15.24B17.58B
Minority Interest--764M751M716M----1.33B
Preferred Stock--------2.88B3.71B
Common Stock Net158M157M137M117M117M107M107M107M55M51M
Capital Surplus26.75B26.69B24.28B22.28B22.16B19.12B19.01B18.75B15.68B13.99B
Retained Earnings-14.72B-16.54B-12.39B128M2.74B2.4B546M-2.59B-5.81B-8.27B
Treasury Stock3.72B3.71B3.7B3.7B3.68B3.58B3.55B3.44B3.41B3.4B
Other Liabilities2.83B2.66B3.71B3.64B3.89B3.26B2.45B1.73B1.37B-305M
Shareholders Equity11.3B9.26B12.04B22.47B25.23B21.31B18.55B14.56B10.76B5.77B
Total Liabilities & Shareholders Equity37.3B37.32B46.58B58.8B63.47B35.44B32.07B29.39B26B23.35B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Freeport-McMoran stock price, and Freeport-McMoran historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Freeport-McMoran PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the Freeport-McMoran company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Freeport-McMoran had total assets of $37.3B.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. FCX stock had total liabilities of $26.01B for the year 2017.

Freeport-McMoran Balance Sheet - Key Ratios

Current ratio
2.72
Debt to equity ratio
0.87
Asset turnover ratio
0.56
Receivables turnover
13.28
Price to book ratio
1.92