Newmont Goldcorp Corp Stock Total Asset
| NEM Stock | USD 42.46 0.92 2.12% |
Newmont Goldcorp Corp fundamentals help investors to digest information that contributes to Newmont Goldcorp's financial success or failures. It also enables traders to predict the movement of Newmont Stock. The fundamental analysis module provides a way to measure Newmont Goldcorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Newmont Goldcorp stock.
| Last Reported | Projected for Next Year | ||
| Total Assets | 55.5 B | 58.3 B | |
| Intangibles To Total Assets | 0.05 | 0.10 |
Newmont | Total Asset |
Newmont Goldcorp Corp Company Total Asset Analysis
Newmont Goldcorp's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Newmont Goldcorp Total Asset | 55.51 B |
Most of Newmont Goldcorp's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Newmont Goldcorp Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Newmont Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Newmont Goldcorp is extremely important. It helps to project a fair market value of Newmont Stock properly, considering its historical fundamentals such as Total Asset. Since Newmont Goldcorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Newmont Goldcorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Newmont Goldcorp's interrelated accounts and indicators.
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Newmont Total Asset Historical Pattern
Today, most investors in Newmont Goldcorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Newmont Goldcorp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Newmont Goldcorp total asset as a starting point in their analysis.
Newmont Goldcorp Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Newmont Total Assets
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Based on the latest financial disclosure, Newmont Goldcorp Corp has a Total Asset of 55.51 B. This is 218.32% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The total asset for all United States stocks is 88.37% lower than that of the firm.
Newmont Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Newmont Goldcorp's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Newmont Goldcorp could also be used in its relative valuation, which is a method of valuing Newmont Goldcorp by comparing valuation metrics of similar companies.Newmont Goldcorp is currently under evaluation in total asset category among its peers.
Newmont Goldcorp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Newmont Goldcorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Newmont Goldcorp's managers, analysts, and investors.Environmental | Governance | Social |
Newmont Goldcorp Institutional Holders
Institutional Holdings refers to the ownership stake in Newmont Goldcorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Newmont Goldcorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Newmont Goldcorp's value.| Shares | Amundi | 2024-06-30 | 10.9 M | Nuveen Asset Management, Llc | 2024-06-30 | 10 M | Orbis Allan Gray Ltd | 2024-09-30 | 9.2 M | Ameriprise Financial Inc | 2024-06-30 | 8.8 M | Ubs Group Ag | 2024-06-30 | 8.3 M | Amvescap Plc. | 2024-06-30 | 8.1 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 8.1 M | Legal & General Group Plc | 2024-06-30 | 8.1 M | Fmr Inc | 2024-09-30 | 7.1 M | Vanguard Group Inc | 2024-09-30 | 135.6 M | Blackrock Inc | 2024-06-30 | 119.3 M |
Newmont Fundamentals
| Return On Equity | -0.0516 | ||||
| Return On Asset | 0.0413 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 55.43 B | ||||
| Shares Outstanding | 1.14 B | ||||
| Shares Owned By Insiders | 0.08 % | ||||
| Shares Owned By Institutions | 73.86 % | ||||
| Number Of Shares Shorted | 18.54 M | ||||
| Price To Earning | 37.91 X | ||||
| Price To Book | 1.66 X | ||||
| Price To Sales | 2.91 X | ||||
| Revenue | 11.81 B | ||||
| Gross Profit | 4.53 B | ||||
| EBITDA | (166 M) | ||||
| Net Income | (2.52 B) | ||||
| Cash And Equivalents | 2.88 B | ||||
| Cash Per Share | 4.80 X | ||||
| Total Debt | 9.44 B | ||||
| Debt To Equity | 0.29 % | ||||
| Current Ratio | 2.72 X | ||||
| Book Value Per Share | 25.97 X | ||||
| Cash Flow From Operations | 2.76 B | ||||
| Short Ratio | 1.78 X | ||||
| Earnings Per Share | (2.19) X | ||||
| Price To Earnings To Growth | 0.79 X | ||||
| Target Price | 57.53 | ||||
| Number Of Employees | 21.7 K | ||||
| Beta | 0.53 | ||||
| Market Capitalization | 49.39 B | ||||
| Total Asset | 55.51 B | ||||
| Retained Earnings | (3 B) | ||||
| Working Capital | 1.51 B | ||||
| Current Asset | 4.98 B | ||||
| Current Liabilities | 1.42 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.03 % | ||||
| Net Asset | 55.51 B | ||||
| Last Dividend Paid | 1.0 |
About Newmont Goldcorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Newmont Goldcorp Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newmont Goldcorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newmont Goldcorp Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.