Newmont Historical Cash Flow

NGT Stock  CAD 58.21  0.29  0.50%   
Analysis of Newmont Goldcorp cash flow over time is an excellent tool to project Newmont Goldcorp Corp future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Depreciation of 2.2 B or Other Non Cash Items of 3.8 B as it is a great indicator of Newmont Goldcorp ability to facilitate future growth, repay debt on time or pay out dividends.
 
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Financial Statement Analysis is much more than just reviewing and examining Newmont Goldcorp Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Newmont Goldcorp Corp is a good buy for the upcoming year.
  
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 board of governors.

About Newmont Cash Flow Analysis

The Cash Flow Statement is a financial statement that shows how changes in Newmont balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Newmont's non-liquid assets can be easily converted into cash.

Newmont Goldcorp Cash Flow Chart

At this time, Newmont Goldcorp's Depreciation is very stable compared to the past year. As of the 4th of December 2024, Other Non Cash Items is likely to grow to about 3.8 B, while Change To Inventory is likely to drop (196.3 M).

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most accounts from Newmont Goldcorp's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, 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 board of governors.
At this time, Newmont Goldcorp's Depreciation is very stable compared to the past year. As of the 4th of December 2024, Other Non Cash Items is likely to grow to about 3.8 B, while Change To Inventory is likely to drop (196.3 M).
 2021 2022 2023 2024 (projected)
Capital Expenditures1.7B2.1B2.7B2.8B
Dividends Paid1.8B1.7B1.4B1.5B

Newmont Goldcorp cash flow statement Correlations

0.090.530.680.210.26-0.32-0.450.090.3-0.850.19-0.13-0.38-0.16-0.22-0.110.24
0.090.350.4-0.480.09-0.2-0.370.10.43-0.25-0.290.520.40.080.56-0.21-0.42
0.530.350.60.490.5-0.29-0.340.410.83-0.620.220.190.06-0.320.33-0.35-0.25
0.680.40.6-0.120.02-0.46-0.430.380.25-0.520.060.40.22-0.160.46-0.39-0.08
0.21-0.480.49-0.120.580.080.250.150.59-0.230.52-0.37-0.41-0.1-0.37-0.010.11
0.260.090.50.020.580.220.39-0.070.68-0.430.540.08-0.46-0.07-0.21-0.090.39
-0.32-0.2-0.29-0.460.080.220.44-0.87-0.10.12-0.130.07-0.140.26-0.390.70.13
-0.45-0.37-0.34-0.430.250.390.44-0.15-0.080.560.440.02-0.210.21-0.230.240.36
0.090.10.410.380.15-0.07-0.87-0.150.240.10.230.080.25-0.210.56-0.74-0.27
0.30.430.830.250.590.68-0.1-0.080.24-0.470.270.1-0.05-0.030.14-0.2-0.28
-0.85-0.25-0.62-0.52-0.23-0.430.120.560.1-0.47-0.120.080.360.260.210.14-0.18
0.19-0.290.220.060.520.54-0.130.440.230.27-0.12-0.32-0.39-0.35-0.25-0.370.45
-0.130.520.190.4-0.370.080.070.020.080.10.08-0.320.30.30.72-0.15-0.19
-0.380.40.060.22-0.41-0.46-0.14-0.210.25-0.050.36-0.390.3-0.090.74-0.2-0.64
-0.160.08-0.32-0.16-0.1-0.070.260.21-0.21-0.030.26-0.350.3-0.09-0.030.27-0.29
-0.220.560.330.46-0.37-0.21-0.39-0.230.560.140.21-0.250.720.74-0.03-0.54-0.55
-0.11-0.21-0.35-0.39-0.01-0.090.70.24-0.74-0.20.14-0.37-0.15-0.20.27-0.540.09
0.24-0.42-0.25-0.080.110.390.130.36-0.27-0.28-0.180.45-0.19-0.64-0.29-0.550.09
Click cells to compare fundamentals

Newmont Goldcorp Account Relationship Matchups

Newmont Goldcorp cash flow statement Accounts

201920202021202220232024 (projected)
Change To Inventory(132M)(139M)(136M)(161M)(187M)(196.4M)
Change In Cash(1.1B)3.3B(555M)(2.1B)156M109.6M
Free Cash Flow1.4B3.6B2.6B1.1B97M92.2M
Change In Working Capital(309M)295M(541M)(841M)(513M)(487.4M)
Begin Period Cash Flow3.5B2.3B5.6B5.1B2.9B1.6B
Other Cashflows From Financing Activities(168M)(135M)(213M)(455M)(121M)(115.0M)
Depreciation2.0B2.3B2.3B2.2B2.1B2.2B
Other Non Cash Items(2.1B)(354M)2.3B2.5B3.7B3.8B
Dividends Paid889M834M1.8B1.7B1.4B1.5B
Capital Expenditures1.5B1.3B1.7B2.1B2.7B2.8B
Total Cash From Operating Activities2.9B4.9B4.3B3.2B2.8B1.6B
Net Income2.9B2.8B233M(399M)(2.5B)(2.3B)
Total Cash From Financing Activities(2.8B)(1.7B)(3.0B)(2.4B)(1.6B)(1.5B)
End Period Cash Flow2.3B5.6B5.1B2.9B3.1B1.7B
Sale Purchase Of Stock(479M)(521M)(525M)(39M)(25M)(23.8M)
Change To Account Receivables(219M)585M(233M)5M(9M)(8.6M)
Investments(1.2B)91M3M(3.0B)(1.5B)(1.4B)
Net Borrowings(1.2B)(241M)(463M)(155M)(178.3M)(187.2M)
Total Cashflows From Investing Activities(1.2B)91M(1.9B)(3.0B)(2.7B)(2.6B)
Change To Operating Activities(128M)455M(219M)(444M)(399.6M)(379.6M)
Other Cashflows From Investing Activities21M(31M)26M(45M)(51.8M)(54.3M)
Change To Netincome(1.7B)(571M)1.2B2.1B1.9B2.0B
Change To Liabilities144M(50M)(11M)102M117.3M123.2M

Pair Trading with Newmont Goldcorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Newmont Goldcorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Newmont Goldcorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Newmont Stock

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Moving against Newmont Stock

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The ability to find closely correlated positions to Newmont Goldcorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newmont Goldcorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Newmont Goldcorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Newmont Goldcorp Corp to buy it.
The correlation of Newmont Goldcorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Newmont Goldcorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newmont Goldcorp Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Newmont Goldcorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 board of governors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.