Freeport-Mcmoran (FCX) Interest Coverage Ratio (2009 - 2016)

Freeport-Mcmoran (FCX) reported Interest Coverage Ratio of 1.92 for Q3 2016, up 107.6% year-over-year from 0.92 in Q4 2015, and up 1990.43% quarter-over-quarter from 0.09 in Q2 2016.

Freeport-Mcmoran (FCX) Interest Coverage Ratio (2009 - 2016) Analysis & Trends

Freeport-Mcmoran (FCX) has 8 years of Interest Coverage Ratio data on file, last reported at 1.92 in Q3 2016.

  • Interest Coverage Ratio for Q3 2016 came in at 1.92, up 107.6% year-over-year; the trailing twelve-month figure through Jun 2017 was 12.54 (up 179.99% YoY), and the FY2015 annual result was 20.95, down 4328.78% from the prior year.
  • Interest Coverage Ratio climbed to 1.92 in Q3 2016 per FCX's latest filing, from 0.09 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 35.74 in Q4 2012 and troughed at 25.25 in Q3 2015.
  • A 5-year average of 3.94 and a median of 6.9 in 2014 frame the typical range for Interest Coverage Ratio.
  • The sharpest annual moves came in 2015 and 2016: Interest Coverage Ratio slumped 452.41% in 2015, then soared 107.6% in 2016.
  • A 5-year view of Interest Coverage Ratio shows it stood at 35.74 in 2012, then sank by 72.35% to 9.88 in 2013, then slumped by 327.14% to 22.44 in 2014, then grew by 11.81% to 19.79 in 2015, then jumped by 109.7% to 1.92 in 2016.
  • Business Quant data shows FCX's Interest Coverage Ratio at 1.92 in Q3 2016, 0.09 in Q2 2016, and 19.36 in Q1 2016.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Southern Copper 142.13 Bn 136.85 Bn 2.75 Bn 23.74
2 Freeport-Mcmoran 91.19 Bn 99.46 Bn 6.22 Bn -
3 Hudbay Minerals 10.19 Bn 9.65 Bn 368.00 Mn 21.19
4 Ero Copper 2.69 Bn 2.58 Bn 105.91 Mn -8.33
5 Ivanhoe Electric 1.75 Bn 1.46 Bn 505,000.00 -
6 Taseko Mines 3.95 Mn -119.02 Mn 83.54 Mn -12.39

Historic Data

Download Data
DateValue
Sep 30, 2016 1.92
Jun 30, 2016 0.09
Mar 31, 2016 -19.36
Dec 31, 2015 -19.79
Sep 30, 2015 -25.25
Jun 30, 2015 -17.05
Mar 31, 2015 -20.75
Dec 31, 2014 -22.44
Sep 30, 2014 7.16
Jun 30, 2014 7.03
Mar 31, 2014 6.90
Dec 31, 2013 9.88
Sep 30, 2013 10.54
Jun 30, 2013 4.84
Mar 31, 2013 23.77
Dec 31, 2012 35.74
Sep 30, 2012 33.60
Jun 30, 2012 30.49
Mar 31, 2012 27.52
Dec 31, 2011 20.92