Newmont Goldcorp Revenue vs. Shares Owned By Insiders
| NGT Stock | CAD 60.00 1.22 2.08% |
Total Revenue | First Reported 1985-09-30 | Previous Quarter 4 B | Current Value 4.4 B | Quarterly Volatility 1.1 B |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0971 | 0.1022 |
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For Newmont Goldcorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Newmont Goldcorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Newmont Goldcorp Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Newmont Goldcorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Newmont Goldcorp Corp over time as well as its relative position and ranking within its peers.
Newmont |
Newmont Goldcorp Corp Shares Owned By Insiders vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Newmont Goldcorp's current stock value. Our valuation model uses many indicators to compare Newmont Goldcorp value to that of its competitors to determine the firm's financial worth. Newmont Goldcorp Corp is rated top company in revenue category among its peers. It is rated below average in shares owned by insiders category among its peers . The ratio of Revenue to Shares Owned By Insiders for Newmont Goldcorp Corp is about 147,650,000,000 . At this time, Newmont Goldcorp's Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Newmont Goldcorp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Newmont Goldcorp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Newmont Revenue vs. Competition
Newmont Goldcorp Corp is rated top company in revenue category among its peers. Market size based on revenue of Materials industry is now estimated at about 23.62 Billion. Newmont Goldcorp totals roughly 11.81 Billion in revenue claiming about 50% of all equities under Materials industry.
Newmont Shares Owned By Insiders vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Newmont Goldcorp |
| = | 11.81 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Newmont Goldcorp |
| = | 0.08 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Newmont Shares Owned By Insiders Comparison
Newmont Goldcorp is currently under evaluation in shares owned by insiders category among its peers.
Newmont Goldcorp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Newmont Goldcorp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Newmont Goldcorp will eventually generate negative long term returns. The profitability progress is the general direction of Newmont Goldcorp's change in net profit over the period of time. It can combine multiple indicators of Newmont Goldcorp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 14 M | 14.7 M | |
| Operating Income | 871 M | 1.2 B | |
| Income Before Tax | -2 B | -1.9 B | |
| Total Other Income Expense Net | -2.6 B | -2.5 B | |
| Net Loss | -2.5 B | -2.3 B | |
| Income Tax Expense | 526 M | 295.7 M | |
| Interest Income | 148 M | 145.8 M | |
| Net Loss | -2.5 B | -2.4 B | |
| Net Loss | -493.4 M | -468.7 M | |
| Net Interest Income | -95 M | -99.8 M | |
| Change To Netincome | 1.9 B | 2 B | |
| Net Loss | (3.00) | (2.85) | |
| Income Quality | (1.12) | (1.06) | |
| Net Income Per E B T | 1.24 | 1.30 |
Newmont Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Newmont Goldcorp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Newmont Goldcorp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Newmont Goldcorp's important profitability drivers and their relationship over time.
Use Newmont Goldcorp in pair-trading
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.Newmont Goldcorp Pair Trading
Newmont Goldcorp Corp Pair Trading Analysis
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.Use Investing Themes to Complement your Newmont Goldcorp position
In addition to having Newmont Goldcorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Correlation Analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
To fully project Newmont Goldcorp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Newmont Goldcorp Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Newmont Goldcorp's income statement, its balance sheet, and the statement of cash flows.