FCX Quick Ratio Analysis

The quick ratio of 0.70x means FCX has $0.70 of liquid assets (cash and receivables, excluding inventory) for every $1 of current liabilities due within a year.

This sits just below the sector median of 0.72x, placing FCX at the 49th percentile among peers—essentially in the middle of the pack. The year-over-year change is N/A, so no annual comparison is available, but the quarter-over-quarter change shows a decline of 6.7%, from 0.75x to 0.70x in the most recent period. A level near the sector median is not alarming on its own, yet the recent downward move signals weakening short-term liquidity. That combination—marginal coverage plus a falling trend—points to higher near-term financial risk if cash collections stall or debts come due. This supports the overall CAUTIOUS verdict, as the liquidity buffer is thin and eroding.

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