Stock Analysis on Net
Stock Analysis on Net

Freeport-McMoRan Inc. (NYSE:FCX)

Common-Size Balance Sheet: Assets 

Freeport-McMoRan Inc., common-size consolidated balance sheet: assets

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Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents 7.15 9.06 15.94 16.80 8.68
Restricted cash and cash equivalents 1.62 2.30 0.22 0.00 0.00
Trade accounts receivable 1.05 2.30 2.61 2.43 2.12
Value added and other tax receivables 1.03 0.87 0.90 1.20 1.23
Inventories 12.41 11.54 10.14 9.36 9.24
Other current assets 0.98 0.71 0.75 1.09 0.81
Current assets 24.24% 26.79% 30.56% 30.88% 22.07%
Property, plant, equipment and mine development costs, net, excluding operating lease right-of-use assets 68.66 66.37 63.19 62.61 70.26
Operating lease right-of-use assets 1.56 0.85 0.67 0.58 0.49
Long-term mill and leach stockpiles 2.23 2.54 2.45 2.89 3.47
Intangible assets 0.78 0.80 0.81 0.86 0.95
Legally restricted trust assets 0.40 0.40 0.36 0.44 0.51
Disputed tax assessments 0.52 0.54 0.68 0.61 0.79
Investments 1.01 0.58 0.51 0.48 0.70
Cloud computing arrangements 0.28 0.14 0.00 0.00 0.00
Long-term receivable for taxes 0.08 0.13 0.11 0.17 0.25
Long-term employee receivables 0.04 0.05 0.05 0.04 0.05
Prepaid rent and deposits 0.02 0.07 0.05 0.00 0.00
Loans to PT Smelting for expansion 0.00 0.44 0.20 0.07 0.00
Contingent consideration associated with sales of assets 0.00 0.07 0.09 0.15 0.23
Other 0.18 0.20 0.28 0.21 0.23
Other assets 3.31% 3.45% 3.13% 3.04% 3.70%
Noncurrent assets 75.76% 73.21% 69.44% 69.12% 77.93%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Freeport-McMoRan Inc. current assets as a percentage of total assets decreased from 2022 to 2023 and from 2023 to 2024.
Property, plant, equipment and mine development costs, net, excluding operating lease right-of-use assets Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Freeport-McMoRan Inc. property, plant, equipment and mine development costs, net, excluding operating lease right-of-use assets as a percentage of total assets increased from 2022 to 2023 and from 2023 to 2024.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Freeport-McMoRan Inc. noncurrent assets as a percentage of total assets increased from 2022 to 2023 and from 2023 to 2024.