NEWMONT Financial Statements From 2010 to 2024
| NEM Stock | 64.40 0.10 0.16% |
Check NEWMONT PORATION financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NEWMONT PORATION's main balance sheet or income statement drivers, such as , as well as many indicators such as . NEWMONT financial statements analysis is a perfect complement when working with NEWMONT PORATION Valuation or Volatility modules.
NEWMONT |
NEWMONT PORATION CDI Company Return On Equity Analysis
NEWMONT PORATION'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 NEWMONT PORATION Return On Equity | -0.0516 |
Most of NEWMONT PORATION'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, NEWMONT PORATION CDI 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.
| Competition |
Based on the latest financial disclosure, NEWMONT PORATION CDI has a Return On Equity of -0.0516. This is 105.67% lower than that of the Basic Materials sector and 151.6% lower than that of the Gold industry. The return on equity for all Australia stocks is 83.35% lower than that of the firm.
NEWMONT PORATION CDI Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NEWMONT PORATION's current stock value. Our valuation model uses many indicators to compare NEWMONT PORATION value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NEWMONT PORATION competition to find correlations between indicators driving NEWMONT PORATION's intrinsic value. More Info.NEWMONT PORATION CDI 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 . 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 NEWMONT PORATION's earnings, one of the primary drivers of an investment's value.About NEWMONT PORATION Financial Statements
NEWMONT PORATION shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although NEWMONT PORATION investors may analyze each financial statement separately, they are all interrelated. The changes in NEWMONT PORATION's assets and liabilities, for example, are also reflected in the revenues and expenses on on NEWMONT PORATION's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
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Additional Tools for NEWMONT Stock Analysis
When running NEWMONT PORATION's price analysis, check to measure NEWMONT PORATION's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NEWMONT PORATION is operating at the current time. Most of NEWMONT PORATION's value examination focuses on studying past and present price action to predict the probability of NEWMONT PORATION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEWMONT PORATION's price. Additionally, you may evaluate how the addition of NEWMONT PORATION to your portfolios can decrease your overall portfolio volatility.