Newmont Goldcorp Financials

NEM Stock  USD 43.38  0.06  0.14%   
Based on the analysis of Newmont Goldcorp's profitability, liquidity, and operating efficiency, Newmont Goldcorp Corp is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December. At this time, Newmont Goldcorp's Net Debt is very stable compared to the past year. As of the 25th of November 2024, Non Current Assets Total is likely to grow to about 50.4 B, while Cash is likely to drop about 1.5 B. Key indicators impacting Newmont Goldcorp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.320.3057
Sufficiently Up
Slightly volatile
Current Ratio1.581.2524
Significantly Up
Very volatile
The essential information of the day-to-day investment outlook for Newmont Goldcorp includes many different criteria found on its balance sheet. An individual investor should monitor Newmont Goldcorp's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Newmont Goldcorp.

Cash And Equivalents

3.94 Billion

  
Understanding current and past Newmont Goldcorp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Newmont Goldcorp's financial statements are interrelated, with each one affecting the others. For example, an increase in Newmont Goldcorp's assets may result in an increase in income on the income statement.

Newmont Goldcorp Earnings Geography

Newmont Goldcorp Stock Summary

Newmont Goldcorp competes with Pan American, Agnico Eagle, Kinross Gold, Wheaton Precious, and Franco Nevada. Newmont Corporation engages in the production and exploration of gold. The company was founded in 1916 and is headquartered in Denver, Colorado. Newmont operates under Gold classification in the United States and is traded on New York Stock Exchange. It employs 14400 people.
Foreign Associate
  Australia
Specialization
Basic Materials, Materials
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS6516391066
CUSIP651639106
LocationColorado; U.S.A
Business Address6900 E Layton
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.newmont.com
Phone303 863 7414
CurrencyUSD - US Dollar

Newmont Goldcorp Key Financial Ratios

Newmont Goldcorp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets40.0B41.4B40.6B38.5B55.5B58.3B
Other Current Liab1.2B1.4B1.6B2.0B2.9B3.1B
Net Debt4.6B1.2B1.3B3.3B6.4B6.8B
Retained Earnings2.3B4.0B3.1B916M(3.0B)(2.8B)
Cash2.2B5.5B5.0B2.9B3.0B1.5B
Net Receivables373M449M337M366M1.2B1.3B
Inventory1.8B1.8B1.8B1.8B2.6B2.8B
Other Current Assets570M436M498M639M607M323.0M
Total Liab17.6B17.5B18.7B18.9B26.3B27.6B
Total Current Assets6.3B8.5B7.7B6.5B7.5B7.9B
Short Term Debt100M780M193M96M2.0B2.1B
Accounts Payable539M493M518M633M960M1.0B
Common Stock1.3B1.3B1.3B1.3B1.9B1.9B
Other Liab8.4B8.1B9.9B9.9B11.4B12.0B
Other Assets2.4B28.9B7.1B7.2B8.2B4.7B
Long Term Debt6.1B5.5B5.6B5.6B7.0B4.3B
Net Tangible Assets18.8B20.3B19.3B17.4B20.0B14.9B
Long Term Debt Total6.1B6.0B6.1B6.0B6.9B5.9B
Capital Surpluse18.2B18.1B18.0B17.4B20.0B12.6B

Newmont Goldcorp Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense301M308M274M227M243M125.6M
Total Revenue9.7B11.5B12.2B11.9B11.8B12.4B
Gross Profit2.6B4.2B4.5B3.3B1.2B1.9B
Operating Income4.0B2.8B1.7B1.5B(2.5B)(2.4B)
Ebit4.0B3.4B1.4B176M(2.3B)(2.2B)
Ebitda6.0B6.1B5.5B3.3B(166M)(157.7M)
Cost Of Revenue7.2B7.3B7.8B8.7B10.6B11.1B
Income Before Tax3.7B3.1B1.1B(51M)(2.0B)(1.9B)
Net Income2.8B2.8B10M(506M)(2.5B)(2.4B)
Income Tax Expense832M704M1.1B455M526M295.7M
Research Development150M122M154M229M200M183.7M
Minority Interest79M(38M)933M(60M)(36M)(34.2M)
Extraordinary Items(72M)163M57M30M34.5M36.2M
Tax Provision832M704M1.1B455M561M753.3M
Interest Income57M24M368M78M143M123.9M
Net Interest Income(244M)(284M)(256M)(149M)(72M)(75.6M)

Newmont Goldcorp Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(132M)(139M)(136M)(161M)(187M)(196.4M)
Change In Cash(1.1B)3.3B(555M)(2.1B)156M113.4M
Free Cash Flow1.4B3.6B2.6B1.1B97M92.2M
Depreciation2.0B2.3B2.3B2.2B2.1B2.2B
Other Non Cash Items(2.1B)(354M)2.3B2.5B3.7B3.9B
Dividends Paid889M834M1.8B1.7B1.4B1.5B
Capital Expenditures1.5B1.3B1.7B2.1B2.7B2.8B
Net Income2.9B2.8B233M(399M)(2.5B)(2.4B)
End Period Cash Flow2.3B5.6B5.1B2.9B3.1B1.7B
Investments112M210M(15M)(3.0B)(1.5B)(1.4B)
Net Borrowings1.9B(175M)(390M)(89M)(80.1M)(76.1M)
Change To Netincome(1.8B)(944M)437M(104M)(93.6M)(88.9M)

Newmont Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Newmont Goldcorp's current stock value. Our valuation model uses many indicators to compare Newmont Goldcorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newmont Goldcorp competition to find correlations between indicators driving Newmont Goldcorp's intrinsic value. More Info.
Newmont Goldcorp Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Newmont Goldcorp's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Newmont Goldcorp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Newmont Goldcorp Corp Systematic Risk

Newmont Goldcorp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Newmont Goldcorp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Newmont Goldcorp Corp correlated with the market. If Beta is less than 0 Newmont Goldcorp generally moves in the opposite direction as compared to the market. If Newmont Goldcorp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Newmont Goldcorp Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Newmont Goldcorp is generally in the same direction as the market. If Beta > 1 Newmont Goldcorp moves generally in the same direction as, but more than the movement of the benchmark.

Newmont Goldcorp Thematic Clasifications

Newmont Goldcorp Corp is part of several thematic ideas from Gold and Gold Mining to Compulsion. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Newmont Goldcorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Newmont Goldcorp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Newmont Goldcorp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0393)

At this time, Newmont Goldcorp's Price Earnings To Growth Ratio is very stable compared to the past year.

Newmont Goldcorp November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Newmont Goldcorp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Newmont Goldcorp Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Newmont Goldcorp Corp based on widely used predictive technical indicators. In general, we focus on analyzing Newmont Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Newmont Goldcorp's daily price indicators and compare them against related drivers.
When determining whether Newmont Goldcorp Corp is a strong investment it is important to analyze Newmont Goldcorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newmont Goldcorp's future performance. For an informed investment choice regarding Newmont Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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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.