Newmont Historical Income Statement

NGT Stock

CAD 58.50 1.09 1.90%

Historical analysis of Newmont Goldcorp income statement accounts such as Total Revenue of 12.4 B can show how well Newmont Goldcorp Corp performed in making a profits. Evaluating Newmont Goldcorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Newmont Goldcorp's future profits or losses.

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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.

Net Income Gross Profit

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 Income Statement Analysis

Newmont Goldcorp Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Newmont Goldcorp shareholders. The income statement also shows Newmont investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Newmont Goldcorp Income Statement Chart

At this time, Newmont Goldcorp's Cost Of Revenue is very stable compared to the past year. As of the 4th of December 2024, Total Operating Expenses is likely to grow to about 2.4 B, while Selling General Administrative is likely to drop about 196 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Newmont Goldcorp 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Newmont Goldcorp Corp minus its cost of goods sold. It is profit before Newmont Goldcorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Newmont Goldcorp Corp. It is also known as Newmont Goldcorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Newmont Goldcorp's income statement are interrelated and interconnected. However, analyzing income 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 income 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.

	2021	2022	2023	2024 (projected)
Gross Profit	4.5B	3.3B	3.0B	2.0B
Total Revenue	12.2B	11.9B	11.8B	12.4B

Gross Profit Total Revenue

Newmont Goldcorp income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Tax Provision	Interest Income	Discontinued Operations	Net Income From Continuing Ops	Extraordinary Items	Minority Interest	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.53	0.66	0.88	0.37	0.94	0.21	0.21	0.51	0.95	0.69	-0.01	-0.22	-0.05	0.29	-0.06	0.67	-0.5	-0.25	0.06	-0.06	-0.76	0.38	0.88
Interest Expense	0.53		0.56	0.56	0.31	0.51	0.33	0.33	0.48	0.58	0.2	0.11	-0.1	0.12	0.15	0.1	0.21	-0.07	-0.07	0.18	-0.03	-0.04	-0.11	0.15
Selling General Administrative	0.66	0.56		0.77	0.69	0.64	0.63	0.63	0.81	0.62	0.55	0.27	-0.19	0.16	0.47	0.37	0.35	-0.37	-0.31	0.2	-0.2	-0.47	0.2	0.43
Total Revenue	0.88	0.56	0.77		0.69	0.93	0.46	0.45	0.66	0.89	0.84	0.06	-0.32	-0.05	0.36	0.39	0.48	-0.36	-0.06	-0.07	0.08	-0.56	0.34	0.72
Gross Profit	0.37	0.31	0.69	0.69		0.4	0.77	0.77	0.81	0.29	0.62	0.46	-0.04	0.32	0.53	0.7	0.26	-0.03	0.18	0.17	0.19	-0.04	-0.15	0.32
Other Operating Expenses	0.94	0.51	0.64	0.93	0.4		0.17	0.16	0.42	0.98	0.82	-0.19	-0.41	-0.28	0.21	0.16	0.51	-0.39	-0.17	-0.23	0.01	-0.7	0.54	0.78
Operating Income	0.21	0.33	0.63	0.46	0.77	0.17		1.0	0.92	0.12	0.26	0.71	0.13	0.64	0.48	0.57	0.23	-0.22	0.09	0.55	0.11	0.09	-0.28	0.14
Ebit	0.21	0.33	0.63	0.45	0.77	0.16	1.0		0.92	0.12	0.26	0.72	0.14	0.64	0.48	0.57	0.23	-0.23	0.09	0.55	0.11	0.09	-0.27	0.14
Ebitda	0.51	0.48	0.81	0.66	0.81	0.42	0.92	0.92		0.4	0.4	0.65	0.09	0.59	0.54	0.43	0.42	-0.35	-0.01	0.57	0.05	-0.16	-0.19	0.42
Cost Of Revenue	0.95	0.58	0.62	0.89	0.29	0.98	0.12	0.12	0.4		0.7	-0.2	-0.38	-0.24	0.15	0.06	0.47	-0.46	-0.21	-0.15	-0.03	-0.71	0.51	0.76
Total Operating Expenses	0.69	0.2	0.55	0.84	0.62	0.82	0.26	0.26	0.4	0.7		-0.13	-0.41	-0.31	0.33	0.41	0.5	-0.08	-0.04	-0.39	0.12	-0.52	0.5	0.68
Income Before Tax	-0.01	0.11	0.27	0.06	0.46	-0.19	0.71	0.72	0.65	-0.2	-0.13		0.78	0.96	0.7	0.08	0.24	-0.17	0.04	0.73	-0.04	0.12	-0.44	0.05
Total Other Income Expense Net	-0.22	-0.1	-0.19	-0.32	-0.04	-0.41	0.13	0.14	0.09	-0.38	-0.41	0.78		0.78	0.58	-0.37	0.1	-0.03	-0.02	0.52	-0.17	0.11	-0.34	-0.1
Net Income	-0.05	0.12	0.16	-0.05	0.32	-0.28	0.64	0.64	0.59	-0.24	-0.31	0.96	0.78		0.5	-0.03	0.2	-0.24	0.11	0.86	0.06	0.2	-0.54	0.02
Income Tax Expense	0.29	0.15	0.47	0.36	0.53	0.21	0.48	0.48	0.54	0.15	0.33	0.7	0.58	0.5		0.06	0.43	-0.04	-0.3	0.22	-0.43	-0.33	0.02	0.28
Research Development	-0.06	0.1	0.37	0.39	0.7	0.16	0.57	0.57	0.43	0.06	0.41	0.08	-0.37	-0.03	0.06		-0.3	0.14	0.32	-0.21	0.3	0.27	-0.05	-0.15
Tax Provision	0.67	0.21	0.35	0.48	0.26	0.51	0.23	0.23	0.42	0.47	0.5	0.24	0.1	0.2	0.43	-0.3		-0.08	-0.35	0.3	-0.12	-0.5	0.07	0.74
Interest Income	-0.5	-0.07	-0.37	-0.36	-0.03	-0.39	-0.22	-0.23	-0.35	-0.46	-0.08	-0.17	-0.03	-0.24	-0.04	0.14	-0.08		0.12	-0.31	-0.02	0.59	-0.35	-0.53
Discontinued Operations	-0.25	-0.07	-0.31	-0.06	0.18	-0.17	0.09	0.09	-0.01	-0.21	-0.04	0.04	-0.02	0.11	-0.3	0.32	-0.35	0.12		0.08	0.74	0.59	-0.21	-0.15
Net Income From Continuing Ops	0.06	0.18	0.2	-0.07	0.17	-0.23	0.55	0.55	0.57	-0.15	-0.39	0.73	0.52	0.86	0.22	-0.21	0.3	-0.31	0.08		0.02	0.15	-0.58	0.09
Extraordinary Items	-0.06	-0.03	-0.2	0.08	0.19	0.01	0.11	0.11	0.05	-0.03	0.12	-0.04	-0.17	0.06	-0.43	0.3	-0.12	-0.02	0.74	0.02		0.42	-0.14	0.07
Minority Interest	-0.76	-0.04	-0.47	-0.56	-0.04	-0.7	0.09	0.09	-0.16	-0.71	-0.52	0.12	0.11	0.2	-0.33	0.27	-0.5	0.59	0.59	0.15	0.42		-0.68	-0.74
Net Interest Income	0.38	-0.11	0.2	0.34	-0.15	0.54	-0.28	-0.27	-0.19	0.51	0.5	-0.44	-0.34	-0.54	0.02	-0.05	0.07	-0.35	-0.21	-0.58	-0.14	-0.68		0.33
Reconciled Depreciation	0.88	0.15	0.43	0.72	0.32	0.78	0.14	0.14	0.42	0.76	0.68	0.05	-0.1	0.02	0.28	-0.15	0.74	-0.53	-0.15	0.09	0.07	-0.74	0.33

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Newmont Goldcorp Account Relationship Matchups

Newmont Goldcorp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	2.0B	2.3B	2.3B	2.2B	2.1B	2.2B
Interest Expense	301M	308M	274M	227M	243M	255.2M
Selling General Administrative	313M	269M	259M	276M	299M	196.0M
Total Revenue	9.7B	11.5B	12.2B	11.9B	11.8B	12.4B
Gross Profit	2.6B	4.2B	4.5B	3.3B	3.0B	2.0B
Other Operating Expenses	8.2B	8.4B	10.2B	10.3B	11.1B	11.7B
Operating Income	4.0B	2.8B	1.7B	1.5B	871M	1.2B
Ebit	4.0B	2.8B	1.7B	1.5B	871M	1.2B
Ebitda	6.0B	5.1B	4.1B	3.6B	3.0B	2.0B
Cost Of Revenue	7.2B	7.3B	7.8B	8.7B	8.8B	9.2B
Total Operating Expenses	1.0B	1.1B	2.5B	1.7B	2.3B	2.4B
Income Before Tax	3.7B	3.1B	1.1B	(51M)	(2.0B)	(1.9B)
Total Other Income Expense Net	(306M)	320M	(633M)	(1.5B)	(2.6B)	(2.5B)
Net Income	2.8B	2.8B	10M	(506M)	(2.5B)	(2.4B)
Income Tax Expense	832M	704M	1.1B	455M	526M	295.7M
Research Development	150M	122M	154M	229M	200M	185.2M
Tax Provision	832M	704M	1.1B	455M	526M	664.9M
Interest Income	85M	24M	368M	78M	148M	145.8M
Discontinued Operations	(72M)	163M	57M	30M	34.5M	36.2M
Net Income From Continuing Ops	3.0B	2.6B	176M	(399M)	(2.5B)	(2.4B)
Extraordinary Items	109M	(72M)	163M	57M	65.6M	68.8M
Net Income Applicable To Common Shares	2.8B	2.8B	1.2B	(429M)	(493.4M)	(468.7M)
Minority Interest	997M	871M	933M	(60M)	(27M)	(25.7M)
Net Interest Income	(244M)	(284M)	(256M)	(227M)	(95M)	(99.8M)
Reconciled Depreciation	2.0B	2.3B	2.3B	2.2B	2.1B	2.1B

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

0.7

ORE

Orezone Gold Corp

Pair Corr

Moving against Newmont Stock

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0.47	NVDA	NVIDIA CDR	Pair Corr

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 Correlation Correlation 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:

How To Invest In Newmont

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Is Newmont Stock a good investment?

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What is Newmont Goldcorp's Net Worth?

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Largest Metals & Mining Companies

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Largest Materials Companies

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You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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.

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

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Newmont Historical Income Statement

About Newmont Income Statement Analysis

Newmont Goldcorp Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Newmont Goldcorp income statement Correlations

Newmont Goldcorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Newmont Goldcorp income statement Accounts

Pair Trading with Newmont Goldcorp

Moving together with Newmont Stock

Moving against Newmont Stock

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Ebit	+ 1.0	Operating Income
Cost Of Revenue	+ 0.98	Other Operating Expenses
Net Income	+ 0.96	Income Before Tax
Cost Of Revenue	+ 0.95	Depreciation And Amortization
Other Operating Expenses	+ 0.94	Depreciation And Amortization
Other Operating Expenses	+ 0.93	Total Revenue

Minority Interest	- 0.76	Depreciation And Amortization
Reconciled Depreciation	- 0.74	Minority Interest
Minority Interest	- 0.71	Cost Of Revenue
Minority Interest	- 0.7	Other Operating Expenses
Net Interest Income	- 0.68	Minority Interest
Net Interest Income	- 0.58	Net Income From Continuing Ops