Newmont Extraordinary Items vs Minority Interest Analysis

0R28 Stock

38.42 0.07 0.18%

Newmont Corp financial indicator trend analysis is infinitely more than just investigating Newmont Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newmont Corp is a good investment. Please check the relationship between Newmont Corp Extraordinary Items and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Newmont 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 board of governors.

Extraordinary Items vs Minority Interest

Extraordinary Items vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newmont Corp Extraordinary Items account and Minority Interest. At this time, the significance of the direction appears to have pay attention.

The correlation between Newmont Corp's Extraordinary Items and Minority Interest is -0.73. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Newmont Corp, assuming nothing else is changed. The correlation between historical values of Newmont Corp's Extraordinary Items and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Newmont Corp are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Extraordinary Items i.e., Newmont Corp's Extraordinary Items and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.73

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Extraordinary Items

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Newmont Corp whose combined shares represent less than 50% of the total outstanding shares issued by Newmont Corp have a minority interest in Newmont Corp.

Most indicators from Newmont Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newmont Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Newmont 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 board of governors.

Discontinued Operations is likely to gain to about 36.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 221.3 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	12.2B	11.9B	11.8B	12.4B
Depreciation And Amortization	4.2B	3.1B	2.1B	2.2B

Total Revenue Depreciation And Amortization

Newmont Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Short Term Investments	Current Deferred Revenue	Good Will
Total Assets		0.91	0.82	0.88	0.99	0.99	0.65	-0.34	0.36	1.0	0.04	0.39	0.59	0.93	0.98	0.81	0.39	0.96	0.99	0.89	0.68	0.92	0.97	0.21	-0.08	0.54
Short Long Term Debt Total	0.91		0.81	0.83	0.85	0.89	0.81	-0.36	0.26	0.9	0.35	0.27	0.72	0.83	0.9	0.86	0.41	0.85	0.91	0.83	0.63	0.88	0.86	0.07	-0.1	0.26
Other Current Liab	0.82	0.81		0.93	0.76	0.82	0.81	-0.26	-0.05	0.83	0.24	-0.01	0.8	0.65	0.76	0.73	0.3	0.72	0.83	0.67	0.63	0.95	0.72	0.13	0.22	0.27
Total Current Liabilities	0.88	0.83	0.93		0.85	0.9	0.73	-0.44	0.07	0.89	0.04	0.08	0.78	0.72	0.81	0.71	0.14	0.85	0.88	0.71	0.85	0.96	0.84	0.03	0.04	0.4
Total Stockholder Equity	0.99	0.85	0.76	0.85		0.99	0.55	-0.33	0.41	0.99	-0.08	0.43	0.51	0.94	0.97	0.77	0.36	0.97	0.98	0.88	0.67	0.88	0.98	0.22	-0.1	0.62
Property Plant And Equipment Net	0.99	0.89	0.82	0.9	0.99		0.67	-0.42	0.29	1.0	-0.03	0.32	0.6	0.91	0.98	0.81	0.36	0.98	0.99	0.84	0.72	0.93	0.98	0.19	-0.13	0.57
Net Debt	0.65	0.81	0.81	0.73	0.55	0.67		-0.44	-0.33	0.67	0.32	-0.31	0.8	0.43	0.62	0.7	0.43	0.59	0.67	0.4	0.55	0.78	0.58	-0.03	-0.1	0.13
Retained Earnings	-0.34	-0.36	-0.26	-0.44	-0.33	-0.42	-0.44		0.24	-0.38	0.27	0.25	-0.41	-0.22	-0.37	-0.27	0.2	-0.54	-0.4	-0.04	-0.71	-0.42	-0.5	0.17	0.69	-0.24
Cash	0.36	0.26	-0.05	0.07	0.41	0.29	-0.33	0.24		0.31	0.18	0.99	-0.18	0.6	0.38	0.22	0.05	0.32	0.32	0.67	0.0	0.08	0.36	0.21	0.05	0.12
Non Current Assets Total	1.0	0.9	0.83	0.89	0.99	1.0	0.67	-0.38	0.31		0.0	0.33	0.6	0.91	0.98	0.8	0.39	0.97	1.0	0.86	0.7	0.93	0.98	0.2	-0.11	0.57
Non Currrent Assets Other	0.04	0.35	0.24	0.04	-0.08	-0.03	0.32	0.27	0.18	0.0		0.17	0.27	0.1	0.03	0.27	0.27	-0.14	0.03	0.27	-0.22	0.12	-0.1	-0.02	0.37	-0.69
Cash And Short Term Investments	0.39	0.27	-0.01	0.08	0.43	0.32	-0.31	0.25	0.99	0.33	0.17		-0.19	0.64	0.42	0.23	0.09	0.34	0.36	0.69	-0.03	0.11	0.38	0.36	0.04	0.15
Net Receivables	0.59	0.72	0.8	0.78	0.51	0.6	0.8	-0.41	-0.18	0.6	0.27	-0.19		0.37	0.53	0.63	0.0	0.54	0.61	0.45	0.64	0.75	0.53	-0.19	0.06	0.1
Common Stock Shares Outstanding	0.93	0.83	0.65	0.72	0.94	0.91	0.43	-0.22	0.6	0.91	0.1	0.64	0.37		0.95	0.73	0.37	0.89	0.93	0.95	0.51	0.78	0.92	0.36	-0.09	0.43
Non Current Liabilities Total	0.98	0.9	0.76	0.81	0.97	0.98	0.62	-0.37	0.38	0.98	0.03	0.42	0.53	0.95		0.8	0.4	0.96	0.99	0.87	0.61	0.88	0.97	0.29	-0.19	0.56
Inventory	0.81	0.86	0.73	0.71	0.77	0.81	0.7	-0.27	0.22	0.8	0.27	0.23	0.63	0.73	0.8		0.31	0.75	0.8	0.75	0.49	0.83	0.77	0.07	0.09	0.25
Other Current Assets	0.39	0.41	0.3	0.14	0.36	0.36	0.43	0.2	0.05	0.39	0.27	0.09	0.0	0.37	0.4	0.31		0.28	0.36	0.33	-0.13	0.27	0.3	0.24	0.06	0.16
Other Stockholder Equity	0.96	0.85	0.72	0.85	0.97	0.98	0.59	-0.54	0.32	0.97	-0.14	0.34	0.54	0.89	0.96	0.75	0.28		0.97	0.79	0.77	0.87	1.0	0.15	-0.28	0.62
Total Liab	0.99	0.91	0.83	0.88	0.98	0.99	0.67	-0.4	0.32	1.0	0.03	0.36	0.61	0.93	0.99	0.8	0.36	0.97		0.86	0.69	0.93	0.98	0.24	-0.15	0.54
Total Current Assets	0.89	0.83	0.67	0.71	0.88	0.84	0.4	-0.04	0.67	0.86	0.27	0.69	0.45	0.95	0.87	0.75	0.33	0.79	0.86		0.46	0.76	0.83	0.26	0.14	0.29
Short Term Debt	0.68	0.63	0.63	0.85	0.67	0.72	0.55	-0.71	0.0	0.7	-0.22	-0.03	0.64	0.51	0.61	0.49	-0.13	0.77	0.69	0.46		0.72	0.74	-0.23	-0.28	0.42
Accounts Payable	0.92	0.88	0.95	0.96	0.88	0.93	0.78	-0.42	0.08	0.93	0.12	0.11	0.75	0.78	0.88	0.83	0.27	0.87	0.93	0.76	0.72		0.88	0.14	0.06	0.38
Common Stock	0.97	0.86	0.72	0.84	0.98	0.98	0.58	-0.5	0.36	0.98	-0.1	0.38	0.53	0.92	0.97	0.77	0.3	1.0	0.98	0.83	0.74	0.88		0.19	-0.25	0.58
Short Term Investments	0.21	0.07	0.13	0.03	0.22	0.19	-0.03	0.17	0.21	0.2	-0.02	0.36	-0.19	0.36	0.29	0.07	0.24	0.15	0.24	0.26	-0.23	0.14	0.19		-0.08	0.2
Current Deferred Revenue	-0.08	-0.1	0.22	0.04	-0.1	-0.13	-0.1	0.69	0.05	-0.11	0.37	0.04	0.06	-0.09	-0.19	0.09	0.06	-0.28	-0.15	0.14	-0.28	0.06	-0.25	-0.08		-0.36
Good Will	0.54	0.26	0.27	0.4	0.62	0.57	0.13	-0.24	0.12	0.57	-0.69	0.15	0.1	0.43	0.56	0.25	0.16	0.62	0.54	0.29	0.42	0.38	0.58	0.2	-0.36

Click cells to compare fundamentals

Newmont Corp Account Relationship Matchups

Newmont Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.0B	41.4B	40.6B	38.5B	55.5B	58.3B
Short Long Term Debt Total	6.8B	6.7B	6.3B	6.1B	9.4B	9.9B
Other Current Liab	1.6B	1.4B	1.6B	2.0B	2.9B	3.1B
Total Current Liabilities	2.4B	3.4B	2.7B	2.9B	6.0B	6.3B
Total Stockholder Equity	21.4B	23.0B	22.0B	19.4B	29.0B	30.5B
Property Plant And Equipment Net	25.3B	24.3B	24.1B	24.1B	37.6B	39.4B
Net Debt	4.6B	1.2B	1.3B	3.3B	6.4B	6.8B
Retained Earnings	2.3B	4.0B	3.1B	916M	(3.0B)	(2.8B)
Cash	2.2B	5.5B	5.0B	2.9B	3.0B	1.5B
Non Current Assets Total	33.7B	32.9B	32.9B	32.0B	48.0B	50.4B
Non Currrent Assets Other	2.0B	2.3B	2.5B	2.5B	2.5B	1.7B
Cash And Short Term Investments	2.5B	5.8B	5.1B	3.8B	3.0B	1.6B
Net Receivables	373M	449M	337M	366M	1.2B	1.3B
Common Stock Shares Outstanding	737M	806M	801M	795M	841M	883.1M
Liabilities And Stockholders Equity	40.0B	41.4B	40.6B	38.5B	55.5B	58.3B
Non Current Liabilities Total	15.2B	14.1B	16.0B	16.0B	20.3B	21.3B
Inventory	1.8B	1.8B	1.8B	1.8B	2.6B	2.8B
Other Current Assets	1.6B	436M	498M	639M	618M	348.3M
Other Stockholder Equity	18.1B	17.9B	17.8B	17.1B	30.2B	31.7B
Total Liab	17.6B	17.5B	18.7B	18.9B	26.3B	27.6B
Total Current Assets	6.3B	8.5B	7.7B	6.5B	7.5B	7.9B
Short Term Debt	128M	780M	193M	96M	2.0B	2.1B
Accounts Payable	539M	493M	518M	633M	960M	1.0B
Common Stock	1.3B	1.3B	1.3B	1.3B	1.9B	1.9B
Short Term Investments	237M	290M	82M	880M	23M	21.9M
Current Deferred Revenue	523M	1.0B	770M	173M	88M	83.6M
Accumulated Other Comprehensive Income	(265M)	(216M)	(133M)	29M	14M	13.3M
Other Assets	2.6B	2.6B	2.7B	2.6B	2.4B	3.1B
Long Term Debt	4.0B	3.4B	6.1B	5.5B	6.3B	5.1B
Capital Surpluse	9.6B	9.6B	18.2B	18.1B	20.8B	14.3B
Property Plant Equipment	25.3B	24.3B	24.1B	24.1B	27.7B	21.1B
Other Liab	8.4B	8.1B	9.9B	9.9B	11.4B	8.0B
Net Tangible Assets	18.7B	20.2B	19.3B	17.4B	20.0B	17.7B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Newmont Stock Analysis

When running Newmont Corp's price analysis, check to measure Newmont Corp'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 Corp is operating at the current time. Most of Newmont Corp's value examination focuses on studying past and present price action to predict the probability of Newmont Corp'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 Corp's price. Additionally, you may evaluate how the addition of Newmont Corp to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Newmont Extraordinary Items vs Minority Interest Analysis

Extraordinary Items vs Minority Interest

Extraordinary Items vs Minority Interest Correlation Analysis

Correlation Coefficient

Extraordinary Items

Minority Interest

Newmont Corp fundamental ratios Correlations

Newmont Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Newmont Corp fundamental ratios Accounts

Also Currently Popular

Additional Tools for Newmont Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Assets Total
Common Stock	+ 1.0	Other Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Short Term Debt	- 0.71	Retained Earnings
Good Will	- 0.69	Non Currrent Assets Other
Other Stockholder Equity	- 0.54	Retained Earnings
Common Stock	- 0.5	Retained Earnings
Retained Earnings	- 0.44	Net Debt
Retained Earnings	- 0.44	Total Current Liabilities