Quick Ratio
Updated 57h ago
Sector Performance
52th percentileFCX
0.75x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
The quick ratio of 0.75x means FCX has $0.75 in highly liquid assets (cash, marketable securities, receivables) for every $1 of short-term liabilities, indicating a slightly thin buffer to cover immediate debts without selling inventory.
This ratio sits just above the sector median of 0.72x, placing FCX in the 52nd percentile among its peers — roughly in the middle of the pack. Because year-over-year and quarter-over-quarter changes are both reported as N/A, and no historical trend data is available, the direction of the metric cannot be assessed. The combination of an average current level with no visible trend offers no clear signal of improving or deteriorating liquidity, which introduces uncertainty rather than a defined risk or opportunity. This absence of directional insight, paired with a quick ratio that is only marginally above the sector median, does not actively contradict the overall CAUTIOUS verdict but also does not provide a strong reason to upgrade the outlook.
Frequently Asked Questions
What does the Quick Ratio tell investors about FCX?
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
How is the Quick Ratio calculated?
Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.
Who are FCX's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), NIO (0.13x), DRI (0.13x), AWK (0.13x), SRE (0.11x).
The Formula
(Cash + Receivables) / Current Liabilities
Why It Matters
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
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0.75x
Sector Median
0.71x
Sector Avg
3.05x
How FCX's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.