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

Add to My Stocks
$12.83 $0.09 (0.71%) FCX stock closing price Oct 15, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at Freeport-McMoran balance sheet. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our Freeport-McMoran stock analysis. A company releases its balance sheet every quarter along with its quarterly results. The balance sheet shows total liabilities of $24.19B and shareholders equity of $12.84B. Freeport-McMoran revenue and Freeport-McMoran operating cash flow are important in understanding the financial capacity of the company.

View and download Freeport-McMoran quarterly results to get the balance sheet details for the latest 40 quarters data.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q2
Cash3.86B3.7B4.45B4.96B4.67B4B4.25B1.11B352M
Marketable Securities---------
Receivables1.3B1.44B1.57B1.55B1.43B1.4B2.09B1.75B1.71B
Inventory4.18B3.89B3.89B3.86B3.64B3.76B3.64B3.69B3.74B
Raw Materials1.4B1.34B1.31B1.28B1.26B1.28B1.31B1.35B1.34B
Work In Progress---------
Finished Goods2.77B2.55B2.59B2.58B2.38B2.49B2.34B2.34B2.41B
Notes Receivable---------
Other Current Assets1.01B1.08B868M790M674M604M454M4.96B4.89B
Total Current Assets
10.34B10.11B10.78B11.15B10.42B9.77B10.44B11.51B10.7B
Property Plant & Equipment--37.08B---35.96B--
Accumulated Depreciation--14.25B---12.74B--
Net Property Plant & Equipment
22.92B22.79B22.84B22.93B23.12B23.17B23.29B26.04B26.65B
Investment & Advances---------
Other Non-Current Assets1.37B1.39B1.41B1.45B1.55B1.63B1.63B1.72B1.74B
Deferred Charges---------
Intangibles---------
Deposits & Other Assets2.39B2.35B2.27B1.79B1.96B2.01B1.96B2.13B2.21B
Total Assets
37.03B36.64B37.3B37.33B37.04B36.58B37.32B41.4B41.3B
Notes Payable---------
Accounts Payable2.42B2.21B2.32B2.1B1.88B1.78B2.39B2.35B2.57B
Current Portion Long-Term Debt4M483M1.41B2.22B2.22B2.23B1.23B802M770M
Current Portion Capital Leases---------
Accrued Expenses---------
Income Taxes Payable569M749M565M464M196M190M66M161M55M
Other Current Liabilities806M903M738M740M652M644M574M1.18B1.15B
Total Current Liabilities
3.8B4.34B5.04B5.52B4.94B4.84B4.27B4.49B4.54B
Mortgages---------
Deferred Taxes/Income3.7B3.64B3.62B3.77B3.87B3.79B3.77B3.55B3.76B
Convertible Debt---------
Long-Term Debt11.12B11.12B11.7B12.57B13.14B13.14B14.8B18.18B18.55B
Non-Current Capital Leases---------
Other Long-Term Liabilities5.56B5.6B5.64B5.24B5.1B5.23B5.23B5.34B5.36B
Total Liabilities
24.19B24.71B26.01B27.1B27.05B26.99B28.06B32.33B32.98B
Minority Interest-------774M771M
Preferred Stock---------
Common Stock Net158M158M158M158M158M158M157M149M145M
Capital Surplus26.67B26.73B26.75B26.74B26.73B26.73B26.69B25.6B25.11B
Retained Earnings-13.16B-14.03B-14.72B-15.76B-16.04B-16.31B-16.54B-16.83B-17.05B
Treasury Stock3.73B3.73B3.72B3.72B3.72B3.72B3.71B3.71B3.71B
Other Liabilities2.9B2.8B2.83B2.81B2.86B2.73B2.66B3.86B3.83B
Shareholders Equity12.84B11.93B11.3B10.23B9.99B9.59B9.26B9.07B8.32B
Total Liabilities & Shareholders Equity37.03B36.64B37.3B37.33B37.04B36.58B37.32B41.4B41.3B
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

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: An asset is a resource that a corporation like Freeport-McMoran owns and has monetary significance. FCX assets grew from $36.64B in 2018 Q1 to $37.03B in 2018 Q2. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: The total liabilities of Freeport-McMoran for the quarter 2018 Q2 total to $24.19B. Liabilities for a company like Freeport-McMoran include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Freeport-McMoran Balance Sheet - Key Ratios

Price to book ratio
1.64