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| Date | Value |
|---|---|
| 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 |