Newmont Financial Statements From 2010 to 2024
| NMM Stock | EUR 35.55 0.94 2.58% |
Check Newmont financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newmont's main balance sheet or income statement drivers, such as , as well as many indicators such as . Newmont financial statements analysis is a perfect complement when working with Newmont Valuation or Volatility modules.
Newmont |
Newmont Company Return On Equity Analysis
Newmont's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Newmont Return On Equity | -0.0193 |
Most of Newmont's fundamental indicators, such as Return On Equity, 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Newmont has a Return On Equity of -0.0193. This is 102.12% lower than that of the Basic Materials sector and 119.3% lower than that of the Gold industry. The return on equity for all Germany stocks is 93.77% lower than that of the firm.
Newmont Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newmont's current stock value. Our valuation model uses many indicators to compare Newmont value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newmont competition to find correlations between indicators driving Newmont's intrinsic value. More Info.Newmont is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Newmont's earnings, one of the primary drivers of an investment's value.About Newmont Financial Statements
Newmont stakeholders use historical fundamental indicators, such as Newmont's revenue or net income, to determine how well the company is positioned to perform in the future. Although Newmont investors may analyze each financial statement separately, they are all interrelated. For example, changes in Newmont's assets and liabilities are reflected in the revenues and expenses on Newmont's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Newmont. Please read more on our technical analysis and fundamental analysis pages.
Newmont Goldcorp Corporation, together with its subsidiaries, operates in the mining industry. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado. Newmont Mining operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12400 people.
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Other Information on Investing in Newmont Stock
Newmont financial ratios help investors to determine whether Newmont Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Newmont with respect to the benefits of owning Newmont security.