Current Ratio
Updated 54h ago
Sector Performance
84th percentileFCX
2.39x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
FCX’s current ratio of 2.39x means the company has $2.39 in current assets—like cash and receivables—for every $1 in short-term debts, indicating a healthy liquidity buffer.
That ratio sits well above the sector median of 1.20x, placing FCX in the 84th percentile among its peers. Trend data is unavailable because year-over-year and quarter-over-quarter changes are both listed as N/A. The strong liquidity level alone suggests low near-term solvency risk, but the absence of trend information means you cannot tell if that buffer is improving or eroding. Given the CAUTIOUS overall verdict, this metric alone does not contradict that stance—solid liquidity supports safety, yet the verdict likely reflects other factors like commodity price risk or debt structure that keep the stock under a cautious view.
Frequently Asked Questions
What does the Current Ratio tell investors about FCX?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
Who are FCX's closest peers by Current Ratio?
The closest peers by Current Ratio include: KEY (0.42x), GEN (0.40x), CHTR (0.40x), USB (0.40x), DRI (0.39x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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2.39x
Sector Median
1.20x
Sector Avg
2.57x
How FCX's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.