Newmont Dividend Yield vs Capex To Depreciation Analysis
NEM Stock | USD 38.28 1.26 3.40% |
Newmont Goldcorp financial indicator trend analysis is infinitely more than just investigating Newmont Goldcorp Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newmont Goldcorp Corp is a good investment. Please check the relationship between Newmont Goldcorp Dividend Yield and its Capex To Depreciation accounts. 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 various price indices.
Dividend Yield vs Capex To Depreciation
Dividend Yield vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newmont Goldcorp Corp Dividend Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Newmont Goldcorp's Dividend Yield and Capex To Depreciation is 0.17. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Newmont Goldcorp Corp, assuming nothing else is changed. The correlation between historical values of Newmont Goldcorp's Dividend Yield and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Newmont Goldcorp Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Dividend Yield i.e., Newmont Goldcorp's Dividend Yield and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Dividend Yield
Dividend Yield is Newmont Goldcorp Corp dividend as a percentage of Newmont Goldcorp stock price. Newmont Goldcorp Corp dividend yield is a measure of Newmont Goldcorp stock productivity, which can be interpreted as interest rate earned on an Newmont Goldcorp investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Newmont Goldcorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 various price indices. At this time, Newmont Goldcorp's Discontinued Operations is very stable compared to the past year. As of the 22nd of December 2024, Tax Provision is likely to grow to about 753.3 M, though Enterprise Value Over EBITDA is likely to grow to (236.03).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.5B | 3.3B | 1.2B | 1.9B | Total Revenue | 12.2B | 11.9B | 11.8B | 12.4B |
Newmont Goldcorp fundamental ratios Correlations
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Newmont Goldcorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Newmont Goldcorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 40.0B | 41.4B | 40.6B | 38.5B | 55.5B | 58.3B | |
Short Long Term Debt Total | 6.8B | 6.7B | 6.3B | 6.1B | 9.4B | 9.9B | |
Other Current Liab | 1.2B | 1.4B | 1.6B | 2.0B | 2.9B | 3.1B | |
Total Current Liabilities | 2.4B | 3.4B | 2.7B | 2.9B | 6.0B | 6.3B | |
Total Stockholder Equity | 21.4B | 23.0B | 22.0B | 19.4B | 29.0B | 30.5B | |
Property Plant And Equipment Net | 25.3B | 24.3B | 24.1B | 24.1B | 37.6B | 39.4B | |
Net Debt | 4.6B | 1.2B | 1.3B | 3.3B | 6.4B | 6.8B | |
Retained Earnings | 2.3B | 4.0B | 3.1B | 916M | (3.0B) | (2.8B) | |
Cash | 2.2B | 5.5B | 5.0B | 2.9B | 3.0B | 1.5B | |
Non Current Assets Total | 33.7B | 32.9B | 32.9B | 32.0B | 48.0B | 50.4B | |
Non Currrent Assets Other | 2.0B | 2.3B | 2.5B | 2.5B | 2.5B | 1.7B | |
Cash And Short Term Investments | 2.5B | 5.8B | 5.1B | 3.8B | 3.0B | 1.6B | |
Net Receivables | 373M | 449M | 337M | 366M | 1.2B | 1.3B | |
Common Stock Shares Outstanding | 737M | 806M | 801M | 795M | 841M | 883.1M | |
Liabilities And Stockholders Equity | 40.0B | 41.4B | 40.6B | 38.5B | 55.5B | 58.3B | |
Non Current Liabilities Total | 15.2B | 14.1B | 16.0B | 16.0B | 20.3B | 21.3B | |
Inventory | 1.8B | 1.8B | 1.8B | 1.8B | 2.6B | 2.8B | |
Other Current Assets | 570M | 436M | 498M | 639M | 618M | 323.3M | |
Other Stockholder Equity | 18.1B | 17.9B | 17.8B | 17.1B | 30.2B | 31.7B | |
Total Liab | 17.6B | 17.5B | 18.7B | 18.9B | 26.3B | 27.6B | |
Total Current Assets | 6.3B | 8.5B | 7.7B | 6.5B | 7.5B | 7.9B | |
Short Term Debt | 100M | 780M | 193M | 96M | 2.0B | 2.1B | |
Accounts Payable | 539M | 493M | 518M | 633M | 960M | 1.0B | |
Common Stock | 1.3B | 1.3B | 1.3B | 1.3B | 1.9B | 1.9B | |
Other Liab | 8.4B | 8.1B | 9.9B | 9.9B | 11.4B | 12.0B | |
Other Assets | 2.4B | 28.9B | 7.1B | 7.2B | 8.2B | 4.7B | |
Long Term Debt | 6.1B | 5.5B | 5.6B | 5.6B | 7.0B | 4.3B | |
Short Term Investments | 237M | 290M | 82M | 880M | 23M | 21.9M | |
Property Plant Equipment | 25.3B | 1.7B | 1.8B | 1.7B | 2.0B | 1.9B | |
Current Deferred Revenue | 523M | 1.0B | 770M | 173M | 88M | 83.6M | |
Accumulated Other Comprehensive Income | (265M) | (216M) | (133M) | 29M | 14M | 13.3M | |
Common Stock Total Equity | 1.3B | 1.3B | 1.3B | 1.3B | 1.5B | 935.4M | |
Property Plant And Equipment Gross | 25.3B | 24.3B | 40.1B | 42.2B | 57.6B | 60.5B | |
Net Tangible Assets | 18.8B | 20.3B | 19.3B | 17.4B | 20.0B | 14.9B | |
Noncontrolling Interest In Consolidated Entity | 950M | 837M | (209M) | 179M | 161.1M | 153.0M | |
Retained Earnings Total Equity | 2.3B | 4.0B | 3.1B | 916M | 824.4M | 1.6B | |
Long Term Debt Total | 6.1B | 6.0B | 6.1B | 6.0B | 6.9B | 5.9B | |
Capital Surpluse | 18.2B | 18.1B | 18.0B | 17.4B | 20.0B | 12.6B |
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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.