Current Ratio
since 2005
Calculation
Freeport-McMoRan Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 2.42 | = | 14,065) | ÷ | 5,815) |
| Dec 31, 2022 | 2.46 | = | 15,613) | ÷ | 6,345) |
| Dec 31, 2021 | 2.52 | = | 14,830) | ÷ | 5,892) |
| Dec 31, 2020 | 2.72 | = | 9,303) | ÷ | 3,417) |
| Dec 31, 2019 | 2.47 | = | 7,915) | ÷ | 3,209) |
| Dec 31, 2018 | 3.22 | = | 10,720) | ÷ | 3,329) |
| Dec 31, 2017 | 2.14 | = | 10,779) | ÷ | 5,038) |
| Dec 31, 2016 | 2.45 | = | 10,435) | ÷ | 4,265) |
| Dec 31, 2015 | 1.73 | = | 7,462) | ÷ | 4,307) |
| Dec 31, 2014 | 1.75 | = | 9,045) | ÷ | 5,172) |
| Dec 31, 2013 | 2.09 | = | 9,972) | ÷ | 4,773) |
| Dec 31, 2012 | 3.08 | = | 10,297) | ÷ | 3,343) |
| Dec 31, 2011 | 3.42 | = | 10,047) | ÷ | 2,940) |
| Dec 31, 2010 | 2.62 | = | 9,851) | ÷ | 3,763) |
| Dec 31, 2009 | 2.48 | = | 7,433) | ÷ | 3,002) |
| Dec 31, 2008 | 1.66 | = | 5,233) | ÷ | 3,158) |
| Dec 31, 2007 | 1.53 | = | 5,903) | ÷ | 3,869) |
| Dec 31, 2006 | 2.21 | = | 2,151) | ÷ | 972) |
| Dec 31, 2005 | 1.48 | = | 2,022) | ÷ | 1,369) |
Based on: 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), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Industry (Materials)
Freeport-McMoRan Inc., current ratio, long-term trends, comparison to industry (materials)
| Freeport-McMoRan Inc. | Materials | |
|---|---|---|
| Dec 31, 2023 | 2.42 | 1.24 |
| Dec 31, 2022 | 2.46 | 1.26 |
| Dec 31, 2021 | 2.52 | 1.28 |
| Dec 31, 2020 | 2.72 | 1.18 |
| Dec 31, 2019 | 2.47 | 1.19 |
| Dec 31, 2018 | 3.22 | 1.72 |
| Dec 31, 2017 | 2.14 | 1.69 |
| Dec 31, 2016 | 2.45 | 1.97 |
| Dec 31, 2015 | 1.73 | 1.63 |
| Dec 31, 2014 | 1.75 | 1.55 |
| Dec 31, 2013 | 2.09 | 1.73 |
| Dec 31, 2012 | 3.08 | 2.25 |
| Dec 31, 2011 | 3.42 | 2.31 |
| Dec 31, 2010 | 2.62 | 2.08 |
| Dec 31, 2009 | 2.48 | 2.01 |
| Dec 31, 2008 | 1.66 | 1.23 |
| Dec 31, 2007 | 1.53 | 1.27 |
| Dec 31, 2006 | 2.21 | 1.54 |
| Dec 31, 2005 | 1.48 | 1.23 |
Based on: 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), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).