Newmont Cash And Short Term Investments from 2010 to 2024
NEM Stock | USD 43.32 0.33 0.77% |
Cash And Short Term Investments | First Reported 1985-12-31 | Previous Quarter 2.7 B | Current Value 3.1 B | Quarterly Volatility 1.5 B |
Check Newmont Goldcorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newmont Goldcorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Interest Expense of 125.6 M or Total Revenue of 12.4 B, as well as many indicators such as Price To Sales Ratio of 4.02, Dividend Yield of 0.0427 or PTB Ratio of 1.14. Newmont financial statements analysis is a perfect complement when working with Newmont Goldcorp Valuation or Volatility modules.
Newmont | Cash And Short Term Investments |
Latest Newmont Goldcorp's Cash And Short Term Investments Growth Pattern
Below is the plot of the Cash And Short Term Investments of Newmont Goldcorp Corp over the last few years. Short Term Investments is an account in the current assets section of Newmont Goldcorp Corp balance sheet. This account contains Newmont Goldcorp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Newmont Goldcorp Corp fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Newmont Goldcorp's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Newmont Goldcorp's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments | 10 Years Trend |
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Cash And Short Term Investments |
Timeline |
Newmont Cash And Short Term Investments Regression Statistics
Arithmetic Mean | 2,791,458,465 | |
Geometric Mean | 2,154,054,443 | |
Coefficient Of Variation | 51.23 | |
Mean Deviation | 1,032,577,637 | |
Median | 2,801,000,000 | |
Standard Deviation | 1,429,946,889 | |
Sample Variance | 2044748.1T | |
Range | 5.8B | |
R-Value | 0.59 | |
Mean Square Error | 1445230.4T | |
R-Squared | 0.34 | |
Significance | 0.02 | |
Slope | 187,449,782 | |
Total Sum of Squares | 28626473.5T |
Newmont Cash And Short Term Investments History
About Newmont Goldcorp Financial Statements
Newmont Goldcorp investors utilize fundamental indicators, such as Cash And Short Term Investments, to predict how Newmont Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Cash And Short Term Investments | 3 B | 1.6 B |
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.039 | Dividend Share 1 | Earnings Share (2.19) | Revenue Per Share 15.331 | Quarterly Revenue Growth 0.847 |
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.