Newcrest Financial Statements From 2010 to 2024
| NCMGFDelisted Stock | USD 18.00 0.04 0.22% |
Check Newcrest Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newcrest Mining's main balance sheet or income statement drivers, such as , as well as many indicators such as . Newcrest financial statements analysis is a perfect complement when working with Newcrest Mining Valuation or Volatility modules.
Newcrest |
Newcrest Mining Company Return On Equity Analysis
Newcrest Mining's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Newcrest Mining Return On Equity | 0.08 |
Most of Newcrest Mining's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Newcrest Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Newcrest Mining has a Return On Equity of 0.08. This is 91.21% lower than that of the Basic Materials sector and 20.0% lower than that of the Gold industry. The return on equity for all United States stocks is 125.81% lower than that of the firm.
Newcrest Mining Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newcrest Mining's current stock value. Our valuation model uses many indicators to compare Newcrest Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newcrest Mining competition to find correlations between indicators driving Newcrest Mining's intrinsic value. More Info.Newcrest Mining is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Newcrest Mining is roughly 1.87 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Newcrest Mining's earnings, one of the primary drivers of an investment's value.About Newcrest Mining Financial Statements
Newcrest Mining stakeholders use historical fundamental indicators, such as Newcrest Mining's revenue or net income, to determine how well the company is positioned to perform in the future. Although Newcrest Mining investors may analyze each financial statement separately, they are all interrelated. For example, changes in Newcrest Mining's assets and liabilities are reflected in the revenues and expenses on Newcrest Mining's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Newcrest Mining. Please read more on our technical analysis and fundamental analysis pages.
Newcrest Mining Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and goldcopper concentrates. Newcrest Mining Limited was founded in 1966 and is headquartered in Melbourne, Australia. NEWCREST MINING operates under Gold classification in the United States and is traded on OTC Exchange.
Currently Active Assets on Macroaxis
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Consideration for investing in Newcrest Pink Sheet
If you are still planning to invest in Newcrest Mining check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newcrest Mining's history and understand the potential risks before investing.
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