Newmont Gross Profit Margin vs Net Profit Margin Analysis
NEM Stock | USD 42.46 0.92 2.12% |
Newmont Goldcorp financial indicator trend analysis is infinitely more than just investigating Newmont Goldcorp Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newmont Goldcorp Corp is a good investment. Please check the relationship between Newmont Goldcorp Gross Profit Margin and its Net Profit Margin accounts. 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.
Gross Profit Margin vs Net Profit Margin
Gross Profit Margin vs Net Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newmont Goldcorp Corp Gross Profit Margin account and Net Profit Margin. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Newmont Goldcorp's Gross Profit Margin and Net Profit Margin is 0.48. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Net Profit Margin in the same time period over historical financial statements of Newmont Goldcorp Corp, assuming nothing else is changed. The correlation between historical values of Newmont Goldcorp's Gross Profit Margin and Net Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Newmont Goldcorp Corp are associated (or correlated) with its Net Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Profit Margin has no effect on the direction of Gross Profit Margin i.e., Newmont Goldcorp's Gross Profit Margin and Net Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Gross Profit Margin
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.Most indicators from Newmont Goldcorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newmont Goldcorp 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 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. At this time, Newmont Goldcorp's Discontinued Operations is very stable compared to the past year. As of the 25th of November 2024, Tax Provision is likely to grow to about 753.3 M, though Enterprise Value Over EBITDA is likely to grow to (236.03).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.5B | 3.3B | 1.2B | 1.9B | Total Revenue | 12.2B | 11.9B | 11.8B | 12.4B |
Newmont Goldcorp fundamental ratios Correlations
Click cells to compare fundamentals
Newmont Goldcorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Newmont Goldcorp 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 | 1.2B | 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 | 570M | 436M | 498M | 639M | 607M | 323.0M | |
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 | 100M | 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 | |
Other Liab | 8.4B | 8.1B | 9.9B | 9.9B | 11.4B | 12.0B | |
Other Assets | 2.4B | 28.9B | 7.1B | 7.2B | 8.2B | 4.7B | |
Long Term Debt | 6.1B | 5.5B | 5.6B | 5.6B | 7.0B | 4.3B | |
Short Term Investments | 237M | 290M | 82M | 880M | 23M | 21.9M | |
Property Plant Equipment | 25.3B | 1.7B | 1.8B | 1.7B | 2.0B | 1.9B | |
Current Deferred Revenue | 523M | 1.0B | 770M | 173M | 88M | 83.6M | |
Accumulated Other Comprehensive Income | (265M) | (216M) | (133M) | 29M | 14M | 13.3M | |
Common Stock Total Equity | 1.3B | 1.3B | 1.3B | 1.3B | 1.5B | 935.4M | |
Property Plant And Equipment Gross | 25.3B | 24.3B | 40.1B | 42.2B | 57.6B | 60.5B | |
Net Tangible Assets | 18.8B | 20.3B | 19.3B | 17.4B | 20.0B | 14.9B | |
Noncontrolling Interest In Consolidated Entity | 950M | 837M | (209M) | 179M | 161.1M | 153.0M | |
Retained Earnings Total Equity | 2.3B | 4.0B | 3.1B | 916M | 824.4M | 1.6B | |
Long Term Debt Total | 6.1B | 6.0B | 6.1B | 6.0B | 6.9B | 5.9B | |
Capital Surpluse | 18.2B | 18.1B | 18.0B | 17.4B | 20.0B | 12.6B |
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Try AI Portfolio ArchitectCheck 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. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.