Newmont Total Revenue vs Total Other Income Expense Net 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 Total Revenue and its Total Other Income Expense Net 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.

Total Revenue vs Total Other Income Expense Net

Total Revenue vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newmont Corp Total Revenue account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Newmont Corp's Total Revenue and Total Other Income Expense Net is -0.12. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Other Income Expense Net 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 Total Revenue and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Newmont Corp are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Total Revenue i.e., Newmont Corp's Total Revenue and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Newmont Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Other Income Expense Net

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 Revenue12.2B11.9B11.8B12.4B
Depreciation And Amortization4.2B3.1B2.1B2.2B

Newmont Corp fundamental ratios Correlations

0.910.820.880.990.990.65-0.340.361.00.040.390.590.930.980.810.390.960.990.890.680.920.970.21-0.080.54
0.910.810.830.850.890.81-0.360.260.90.350.270.720.830.90.860.410.850.910.830.630.880.860.07-0.10.26
0.820.810.930.760.820.81-0.26-0.050.830.24-0.010.80.650.760.730.30.720.830.670.630.950.720.130.220.27
0.880.830.930.850.90.73-0.440.070.890.040.080.780.720.810.710.140.850.880.710.850.960.840.030.040.4
0.990.850.760.850.990.55-0.330.410.99-0.080.430.510.940.970.770.360.970.980.880.670.880.980.22-0.10.62
0.990.890.820.90.990.67-0.420.291.0-0.030.320.60.910.980.810.360.980.990.840.720.930.980.19-0.130.57
0.650.810.810.730.550.67-0.44-0.330.670.32-0.310.80.430.620.70.430.590.670.40.550.780.58-0.03-0.10.13
-0.34-0.36-0.26-0.44-0.33-0.42-0.440.24-0.380.270.25-0.41-0.22-0.37-0.270.2-0.54-0.4-0.04-0.71-0.42-0.50.170.69-0.24
0.360.26-0.050.070.410.29-0.330.240.310.180.99-0.180.60.380.220.050.320.320.670.00.080.360.210.050.12
1.00.90.830.890.991.00.67-0.380.310.00.330.60.910.980.80.390.971.00.860.70.930.980.2-0.110.57
0.040.350.240.04-0.08-0.030.320.270.180.00.170.270.10.030.270.27-0.140.030.27-0.220.12-0.1-0.020.37-0.69
0.390.27-0.010.080.430.32-0.310.250.990.330.17-0.190.640.420.230.090.340.360.69-0.030.110.380.360.040.15
0.590.720.80.780.510.60.8-0.41-0.180.60.27-0.190.370.530.630.00.540.610.450.640.750.53-0.190.060.1
0.930.830.650.720.940.910.43-0.220.60.910.10.640.370.950.730.370.890.930.950.510.780.920.36-0.090.43
0.980.90.760.810.970.980.62-0.370.380.980.030.420.530.950.80.40.960.990.870.610.880.970.29-0.190.56
0.810.860.730.710.770.810.7-0.270.220.80.270.230.630.730.80.310.750.80.750.490.830.770.070.090.25
0.390.410.30.140.360.360.430.20.050.390.270.090.00.370.40.310.280.360.33-0.130.270.30.240.060.16
0.960.850.720.850.970.980.59-0.540.320.97-0.140.340.540.890.960.750.280.970.790.770.871.00.15-0.280.62
0.990.910.830.880.980.990.67-0.40.321.00.030.360.610.930.990.80.360.970.860.690.930.980.24-0.150.54
0.890.830.670.710.880.840.4-0.040.670.860.270.690.450.950.870.750.330.790.860.460.760.830.260.140.29
0.680.630.630.850.670.720.55-0.710.00.7-0.22-0.030.640.510.610.49-0.130.770.690.460.720.74-0.23-0.280.42
0.920.880.950.960.880.930.78-0.420.080.930.120.110.750.780.880.830.270.870.930.760.720.880.140.060.38
0.970.860.720.840.980.980.58-0.50.360.98-0.10.380.530.920.970.770.31.00.980.830.740.880.19-0.250.58
0.210.070.130.030.220.19-0.030.170.210.2-0.020.36-0.190.360.290.070.240.150.240.26-0.230.140.19-0.080.2
-0.08-0.10.220.04-0.1-0.13-0.10.690.05-0.110.370.040.06-0.09-0.190.090.06-0.28-0.150.14-0.280.06-0.25-0.08-0.36
0.540.260.270.40.620.570.13-0.240.120.57-0.690.150.10.430.560.250.160.620.540.290.420.380.580.2-0.36
Click cells to compare fundamentals

Newmont Corp Account Relationship Matchups

Newmont Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.0B41.4B40.6B38.5B55.5B58.3B
Short Long Term Debt Total6.8B6.7B6.3B6.1B9.4B9.9B
Other Current Liab1.6B1.4B1.6B2.0B2.9B3.1B
Total Current Liabilities2.4B3.4B2.7B2.9B6.0B6.3B
Total Stockholder Equity21.4B23.0B22.0B19.4B29.0B30.5B
Property Plant And Equipment Net25.3B24.3B24.1B24.1B37.6B39.4B
Net Debt4.6B1.2B1.3B3.3B6.4B6.8B
Retained Earnings2.3B4.0B3.1B916M(3.0B)(2.8B)
Cash2.2B5.5B5.0B2.9B3.0B1.5B
Non Current Assets Total33.7B32.9B32.9B32.0B48.0B50.4B
Non Currrent Assets Other2.0B2.3B2.5B2.5B2.5B1.7B
Cash And Short Term Investments2.5B5.8B5.1B3.8B3.0B1.6B
Net Receivables373M449M337M366M1.2B1.3B
Common Stock Shares Outstanding737M806M801M795M841M883.1M
Liabilities And Stockholders Equity40.0B41.4B40.6B38.5B55.5B58.3B
Non Current Liabilities Total15.2B14.1B16.0B16.0B20.3B21.3B
Inventory1.8B1.8B1.8B1.8B2.6B2.8B
Other Current Assets1.6B436M498M639M618M348.3M
Other Stockholder Equity18.1B17.9B17.8B17.1B30.2B31.7B
Total Liab17.6B17.5B18.7B18.9B26.3B27.6B
Total Current Assets6.3B8.5B7.7B6.5B7.5B7.9B
Short Term Debt128M780M193M96M2.0B2.1B
Accounts Payable539M493M518M633M960M1.0B
Common Stock1.3B1.3B1.3B1.3B1.9B1.9B
Short Term Investments237M290M82M880M23M21.9M
Current Deferred Revenue523M1.0B770M173M88M83.6M
Accumulated Other Comprehensive Income(265M)(216M)(133M)29M14M13.3M
Other Assets2.6B2.6B2.7B2.6B2.4B3.1B
Long Term Debt4.0B3.4B6.1B5.5B6.3B5.1B
Capital Surpluse9.6B9.6B18.2B18.1B20.8B14.3B
Property Plant Equipment25.3B24.3B24.1B24.1B27.7B21.1B
Other Liab8.4B8.1B9.9B9.9B11.4B8.0B
Net Tangible Assets18.7B20.2B19.3B17.4B20.0B17.7B

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.

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.