Freeport-McMoran Copper & Gold Inc (FCX) — Defensive Interval Ratio
Freeport-McMoran Copper & Gold Inc (FCX) has a Defensive Interval Ratio of 376 days as of December 2025. Defensive assets of $6.20 Billion (cash $3.82 Billion, short-term investments $700.00 Million, receivables $1.68 Billion) cover 376 days of daily cash needs of $16.49 Million/day. Check tangible equity quality of Freeport-McMoran Copper & Gold Inc to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Freeport-McMoran Copper & Gold Inc Defensive Interval Ratio (1987–2025)
This chart shows how Freeport-McMoran Copper & Gold Inc's Defensive Interval Ratio has evolved across 39 annual periods from 1987 to 2025. As of December 2025, the ratio stands at 376 days, meaning defensive assets of $6.20 Billion can fund 376 days of operations without new revenue. Also explore FCX net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Freeport-McMoran Copper & Gold Inc (1987–2025)
The table below presents the year-by-year Defensive Interval Ratio for Freeport-McMoran Copper & Gold Inc from 1987 to 2025, covering 39 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market cap of Freeport-McMoran Copper & Gold Inc.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 376 days | $6.20 Billion | $16.49 Million/day | $3.82 Billion | $700.00 Million | ▲ +40 days |
| 2024 | 336 days | $5.07 Billion | $15.06 Million/day | $3.92 Billion | $- | ▼ -86 days |
| 2023 | 422 days | $6.72 Billion | $15.93 Million/day | $4.76 Billion | $300.00 Million | ▼ -179 days |
| 2022 | 601 days | $10.44 Billion | $17.38 Million/day | $8.15 Billion | $500.00 Million | ▼ -7 days |
| 2021 | 608 days | $9.81 Billion | $16.14 Million/day | $8.07 Billion | $- | ▲ +66 days |
| 2020 | 541 days | $5.07 Billion | $9.36 Million/day | $3.66 Billion | $- | ▲ +168 days |
| 2019 | 374 days | $3.29 Billion | $8.79 Million/day | $2.02 Billion | $100.00 Million | ▼ -247 days |
| 2018 | 621 days | $5.65 Billion | $9.09 Million/day | $4.22 Billion | $109.00 Million | ▲ +172 days |
| 2017 | 449 days | $6.20 Billion | $13.80 Million/day | $4.53 Billion | $11.00 Million | ▼ -19 days |
| 2016 | 468 days | $5.47 Billion | $11.68 Million/day | $4.25 Billion | $7.00 Million | ▲ +407 days |
| 2015 | 61 days | $717.00 Million | $11.80 Million/day | $- | $28.00 Million | ▼ -27 days |
| 2014 | 88 days | $1.26 Billion | $14.25 Million/day | $- | $17.00 Million | ▼ -53 days |
| 2013 | 142 days | $1.87 Billion | $13.18 Million/day | $- | $0.00 | ▼ -36 days |
| 2012 | 178 days | $1.63 Billion | $9.16 Million/day | $- | $0.00 | ▲ +36 days |
| 2011 | 142 days | $1.14 Billion | $8.05 Million/day | $- | $0.00 | ▼ -93 days |
| 2010 | 235 days | $2.42 Billion | $10.31 Million/day | $- | $0.00 | ▲ +15 days |
| 2009 | 221 days | $1.80 Billion | $8.18 Million/day | $- | $0.00 | ▲ +80 days |
| 2008 | 140 days | $1.21 Billion | $8.63 Million/day | $- | $- | ▲ +18 days |
| 2007 | 122 days | $1.29 Billion | $10.60 Million/day | $- | $- | ▼ -60 days |
| 2006 | 182 days | $486.00 Million | $2.66 Million/day | $- | $- | ▼ -1 days |
| 2005 | 183 days | $688.00 Million | $3.75 Million/day | $- | $- | ▼ -44 days |
| 2004 | 228 days | $435.56 Million | $1.91 Million/day | $- | $500.00K | ▲ +94 days |
| 2003 | 134 days | $231.40 Million | $1.73 Million/day | $- | $34.96 Million | ▼ -29 days |
| 2002 | 163 days | $240.32 Million | $1.47 Million/day | $- | $49.81 Million | ▲ +65 days |
| 2001 | 98 days | $168.42 Million | $1.72 Million/day | $- | $49.81 Million | ▲ +12 days |
| 2000 | 86 days | $149.09 Million | $1.74 Million/day | $- | $- | ▼ -37 days |
| 1999 | 122 days | $172.70 Million | $1.41 Million/day | $- | $- | ▼ -38 days |
| 1998 | 161 days | $228.50 Million | $1.42 Million/day | $- | $- | ▲ +61 days |
| 1997 | 99 days | $129.60 Million | $1.30 Million/day | $- | $- | ▼ -45 days |
| 1996 | 145 days | $236.80 Million | $1.64 Million/day | $- | $- | ▼ -33 days |
| 1995 | 177 days | $256.10 Million | $1.44 Million/day | $- | $- | ▼ -21 days |
| 1994 | 198 days | $234.20 Million | $1.18 Million/day | $- | $- | ▼ -41 days |
| 1993 | 239 days | $188.70 Million | $788.22K/day | $- | $- | ▼ -87 days |
| 1992 | 326 days | $150.80 Million | $461.92K/day | $- | $- | ▼ -2351 days |
| 1991 | 2678 days | $305.90 Million | $114.25K/day | $- | $- | ▲ +2469 days |
| 1990 | 208 days | $38.50 Million | $184.93K/day | $- | $- | ▲ +34 days |
| 1989 | 174 days | $29.80 Million | $171.23K/day | $- | $- | ▼ -27 days |
| 1988 | 201 days | $33.80 Million | $168.22K/day | $- | $- | ▼ -3 days |
| 1987 | 204 days | $19.30 Million | $94.79K/day | $- | $- | — |