Freeport-McMoRan balance sheet2016 : from the information in balance sheet 2016

Question

Freeport-McMoRan balance sheet2016 : from the information in balance sheet 2016 find the profitability ratio:

1-Return on common stockholders’ equity

2-Return on Asset

3- Profit Margin

4- Asset Turnover

5- Gross Profit Rate

6- Earnings Per Share

7-Price-Earnings (P-E) Ratio

8-Payout Ratio

If you can please provid an analysis for each ratio :) and thank you for your hard work

FREEPORT-McMoRan INC. CONSOLIDATED BALANCE SHEETS December 31 (In millons, except par value) Current assets: Cash and cash equivalents Trade accounts receivable Income and other tax receivables Other accounts receivable 4,245 $ 1,126 645 1,332 879 89 1,306 1,338 998 1,575 1,539 961 Materials and supplies, net Mill and leach stockpiles Product Other current assets Assets held for sale 344 10.435 23,219 920 7,462 23,986 Total current assets Property, plant, equipment and mine development costs, net Oil and gas properties, net full cost method: to amortization, less accumulated amortization and impairment $27,433 and $22,276, respectively Not subject to amortization Long-term mill and leach stockpiles Other assets Assets held for sale Total assets 4,831 1,663 1,987 4,386 1,633 1,956 LIABILITIES AND EQUITY Current liabilities: 2,393 $ 3,232 649 272 23 131 4,307 19,675 3,567 3,714 1,641 Accounts payable and accrued liabilities Current portion of debt Current portion of environmental and asset retirement obligations Accrued income taxes Liabilities held for sale 1,232 369 205 4,265 14.795 3,768 3,487 1,745 Total current liabilities Long-term debt, less current portion Deferred income taxes Environmental and asset retirement obligations, less current portion Other liabilities Liabilities held for sale Total liabilities 28,060 33,769 Redeemable noncontrolling interest 764 Equity Stockholders' equity: Common stock, par value $0.10, 1,574 shares and 1,374 shares issued, respectively Capital in excess of par value Accumulated deficit Accumulated other comprehensive los:s Common stock held in treasury 129 shares and 128 shares, 157 26.690 16,540) (548) 137 24,283 (12,387) (503) (3,708) 6,051 3,206 9,257 (3,702) 7,828 4.216 12,044 46,577 respectively, at cost Total stockholders' equity Total equity Total liabilities and equity The accompanying Notes to Consolidated Financial Statements are an integral part of these consolidated financial statements. 127

Explanation / Answer

* Income Statement is also required to compute the above ratios which is not given

1-Return on common stockholders’ equity = (Net income - Preferred dividend) / Average common stakeholder's equity 2-Return on Asset = Net income / Total assets 3- Profit Margin = Net income / Net sales (revenue) 4- Asset Turnover = Sales / Average total assets 5- Gross Profit Rate = (Revenue - cost of goods sold) / revenue 6- Earnings Per Share = Net income / average outstanding common shares 7-Price-Earnings (P-E) Ratio = Market Value per share / Earnings per share 8-Payout Ratio = (Dividends per Share (DPS) / Earnings per Share (EPS)) x 100 OR = (Total Dividends Paid / Net Income) x 100

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