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What is FCX's Current Cash Debt Coverage?

  Freeport-McMoRan Inc ( FCX ) |
1994 - 2021 (28 years)

Current Cash Debt Coverage is 
0.33 (1Y +105% )

FCX Stock Price & Current Cash Debt Coverage

Current Cash Debt Coverage for FCX competitors.
TECK BBL RIO APC NEM BHP SCCO VALE
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Current Cash Debt Coverage

chevron_right 2021 0.39 +1.7x
( +3.6% / year avg)
chevron_left 1994 0.15
vertical_align_top Peak 0.54 +9.74x *
vertical_align_bottom Bottom -0.06
arrow_drop_up # Up Years 15 15 of 28
years up.
arrow_drop_down # Down Years 13
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • FCX's stock price has rallied +111% from $7.73 in 1994 , or +0.07x the rate relative to it's current cash debt coverage over the same period.
  • If FCX grows it's stock at the same rate as it's current cash debt coverage (+3.6%/year) , it's stock price will grow +142% and hit $23.3 over the next 10 years.
  • FCX's stock price has gone up 9 of the 15 years (+60%) it's current cash debt coverage were also up.
* A modified method (see: here) is used to calculate changes that involve negative numbers.
5-Year Change 🚀
+18.4%$18.0BNet Revenue (Sales)
-60.2%$12.3BCost of Revenue (Sales)
-136.5%$5.7BGross Profit Margin
-130.8%1.27Gross Profit Margin Ratio
-103.2%-$12.0MOther Income/Expenses, Net
+12.6%$824.0MTotal Operating Expenses
-58.6%$13.1BCost & Expenses
+26.2%$944.0MInterest Expense/Income, Net
-137.9%$4.9BEBITDA
-132.0%1.09EBITDA Margin
-129.8%$4.9BOperating Income
-125.2%1.09Operating Margin
-134.3%$5.9BPretax Income (Earnings)
-128.9%1.31Pretax Income (Earnings) Margin
-416.6%$2.4BProvision For Income Taxes
-117.4%$2.8BNet Income (Earnings)
-114.7%0.63Net Profit Margin
-114.0%1.94Earnings Per Share (EPS)
-113.8%1.92Earnings Per Share (EPS) Diluted
+23.9%$5.8BShares Outstanding
+24.8%$5.9BShares Outstanding (Diluted)
+1,532%$14.6BCash and Cash Equivalents
+1,532%$14.6BCash And Short-Term Investments
-18.7%$15.6BInventory
+97.1%$1.4BOther Current Assets
+24.7%$37.2BTotal Current Assets
-14.3%$119.3BPP&E
+26.5%$1.6BGoodwill and Intangible Assets
-9.52%$168.6BTotal Assets
-37.1%$5.9BAccounts Payables
-94.8%$136.0MShort-term Debt
+35.4%$260.0MDeferred Revenue
-20.7%$13.7BTotal Current Liabilities
-51.1%$38.7BLong-term Debt
+5.16%$18.7BDeferred Tax Liabilities Non-Current
+227%$2.4BOther Non-Current Liabilities
-33.6%$80.2BTotal Non-Current Liabilities
-32.0%$93.9BTotal Liabilities
+16.1%$636.0MCommon Stock
-5.7%-$46.7BRetained Earnings
+15.9%-$2.3BAccumulated Other Comprehensive Income Loss
+30.0%$40.7BTotal Shareholders Equity
-20.6%$134.6BTotal Liabilities & Stockholders Equity
-52.5%$38.8BTotal Debt
-70.0%$24.2BNet Debt
-142.5%$192.0MDeferred Income Tax
-626.6%$3.6BChange in Working Capital
+86.6%$23.5BOther Working Capital
-1,433.3%$320.0MOther Non-Cash Items
+116%$5.3BNet Cash Provided by Operating Activities
-200.0%$28.0MOther Investing Activities
-113.0%$676.0MNet Cash used for Investing Activities
-68.8%-$2.5BDebt Repayment
-236.2%$316.0MDividends Paid
-305.6%$296.0MOther Financing Activities
-142.8%-$992.0MNet Cash Used Provided by Financing Activities
-1,194.7%$5.0BNet Change in Cash
+1,642%$15.6BCash at End of Period
+685%$10.6BCash at Beginning of Period
+116%$5.3BOperating Cash Flow
-70.1%-$1.6BCapital Expenditure (capex)
-236.9%$3.8BFree Cash Flow
  • FCX Historical Current Cash Debt Coverage Table

    * A modified method (see: here) is used to calculate changes that involve negative numbers.
    Year Current Cash Debt Coverage YoY % Change* Stock Price YoY % Change (Stock Price)
    4/1/2021 0.39 154.9% 16.36 4.8%
    4/1/2020 0.15 60.1% 15.61 71.4%
    4/1/2019 0.1 -71.0% 9.1 -33.5%
    4/1/2018 0.33 53.7% 13.69 -4.4%
    4/1/2017 0.21 18.7% 14.32 43.6%
    4/1/2016 0.18 -7.0% 9.97 -2.9%
    4/1/2015 0.19 -36.1% 10.27 -69.7%
    4/1/2014 0.3 -1.8% 33.87 24.7%
    4/1/2013 0.31 12.5% 27.15 -9.2%
    4/1/2012 0.27 -49.2% 29.9 -20.9%
    4/1/2011 0.54 26.9% 37.8 35.6%
    4/1/2010 0.43 75.3% 27.88 15.3%
    4/1/2009 0.24 -25.0% 24.19 -28.6%
    4/1/2008 0.32 -33.8% 33.86 3.8%
    4/1/2007 0.49 21.0% 32.64 57.2%
    4/1/2006 0.4 -1.4% 20.75 47.7%
    4/1/2005 0.41 -763.7% 14.05 17.2%
    4/1/2004 -0.06 -125.0% 11.98 27.7%
    4/1/2003 0.25 17.0% 9.38 53.2%
    4/1/2002 0.21 0.1% 6.12 26.0%
    4/1/2001 0.21 -4.4% 4.86 70.6%
    4/1/2000 0.22 -17.3% 2.85 -40.0%
    4/1/1999 0.27 9.0% 4.75 -18.2%
    4/1/1998 0.24 3.6% 5.81 -33.8%
    4/1/1997 0.24 -19.7% 8.77 -9.7%
    4/1/1996 0.29 26.7% 9.71 25.6%
    4/1/1995 0.23 59.8% 7.73 0.0%
    4/1/1994 0.15 - 7.73 -

  • About
    Industry: Copper
    Sector: Basic Materials
    Country: US
    IPO Date: 5/5/1988
    Stonk Exchange: NYSE
    • Freeport-McMoRan, Inc
    • engages in the mining of copper, gold, and molybdenum.
    • The company is headquartered in Phoenix, Arizona and currently employs 26,800 full-time employees.
    • The firm operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer.
    • The firm's segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.
    • The firm's segments include the Morenci, Cerro Verde, Grasberg copper mines, the Rod & Refining operations and the United States (U.
    • S
    • ) Oil and Gas Operations
    • The firm has organized its operations into five divisions, which include North America copper mines, South America mining, Indonesia mining and Molybdenum mines.
    • The firm's portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits, and mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.
  • Current cash debt coverage = Net cash provided by operating/activities/Average current liabilities
    Measures a company's ability to pay off its current liabilities in a given year from its operations

    For more detailed definitions, please see Investopedia.
    Year Current Cash Debt Coverage YoY % Change Stock Price YoY % Change (Stock Price) total current liabilities net cash by operating activities
    4/1/2021 0.39 154.9% 16.36 4.8% 13668.00 5308.00
    4/1/2020 0.15 60.1% 15.61 71.4% 12354.00 1860.00
    4/1/2019 0.10 -71.0% 9.1 -33.5% 13243.00 1250.00
    4/1/2018 0.33 53.7% 13.69 -4.4% 17032.00 5589.00
    4/1/2017 0.21 18.7% 14.32 43.6% 19568.00 4153.00
    4/1/2016 0.18 -7.0% 9.97 -2.9% 17761.00 3206.00
    4/1/2015 0.19 -36.1% 10.27 -69.7% 19148.00 3726.00
    4/1/2014 0.30 -1.8% 33.87 24.7% 24057.00 6909.00
    4/1/2013 0.31 12.5% 27.15 -9.2% 16726.00 5008.00
    4/1/2012 0.27 -49.2% 29.9 -20.9% 11956.00 3255.00
    4/1/2011 0.54 26.9% 37.8 35.6% 14801.00 7929.00
    4/1/2010 0.43 75.3% 27.88 15.3% 13564.00 5765.00
    4/1/2009 0.24 -25.0% 24.19 -28.6% 11952.00 3051.00
    4/1/2008 0.32 -33.8% 33.86 3.8% 13949.00 4558.00
    4/1/2007 0.49 21.0% 32.64 57.2% 13421.25 5633.97
    4/1/2006 0.40 -1.4% 20.75 47.7% 3832.62 1737.97
    4/1/2005 0.41 -763.7% 14.05 17.2% 3191.03 1285.83
    4/1/2004 -0.06 -125.0% 11.98 27.7% 2007.33 -44.72
    4/1/2003 0.25 17.0% 9.38 53.2% 2435.76 626.39
    4/1/2002 0.21 0.1% 6.12 26.0% 2225.91 488.65
    4/1/2001 0.21 -4.4% 4.86 70.6% 2475.13 508.98
    4/1/2000 0.22 -17.3% 2.85 -40.0% 2388.95 516.02
    4/1/1999 0.27 9.0% 4.75 -18.2% 2089.92 551.20
    4/1/1998 0.24 3.6% 5.81 -33.8% 1929.47 478.13
    4/1/1997 0.24 -19.7% 8.77 -9.7% 2186.50 513.60
    4/1/1996 0.29 26.7% 9.71 25.6% 2002.48 595.36
    4/1/1995 0.23 59.8% 7.73 0.0% 1856.00 422.70
    4/1/1994 0.15 7.73 1563.20 217.20