Newmont Operating Income vs Minority Interest Analysis

NEM Stock

USD 38.37 1.15 3.09%

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 Operating Income and its Minority Interest 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 signals in income.

Operating Income vs Minority Interest

Operating Income vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newmont Goldcorp Corp Operating Income account and Minority Interest. At this time, the significance of the direction appears to have weak relationship.

The correlation between Newmont Goldcorp's Operating Income and Minority Interest is 0.32. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Minority Interest 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 Operating Income and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Newmont Goldcorp Corp are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Operating Income i.e., Newmont Goldcorp's Operating Income and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Newmont Goldcorp Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Newmont Goldcorp Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Newmont Goldcorp Corp whose combined shares represent less than 50% of the total outstanding shares issued by Newmont Goldcorp have a minority interest in Newmont Goldcorp.

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 signals in income.

At this time, Newmont Goldcorp's Discontinued Operations is very stable compared to the past year. As of the 3rd of January 2025, Tax Provision is likely to grow to about 753.3 M, while Enterprise Value Over EBITDA is likely to drop 13.32.

	2022	2023	2024	2025 (projected)
Gross Profit	3.3B	1.2B	1.4B	1.9B
Total Revenue	11.9B	11.8B	13.6B	14.3B

Gross Profit Total Revenue

Newmont Goldcorp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Other Liab	Other Assets	Long Term Debt
Total Assets		0.94	0.92	0.92	0.99	1.0	0.75	-0.54	0.54	1.0	0.51	0.54	0.71	0.95	0.99	0.87	0.52	0.98	1.0	0.91	0.78	0.95	0.98	0.91	0.32	0.61
Short Long Term Debt Total	0.94		0.88	0.89	0.9	0.93	0.87	-0.56	0.45	0.94	0.73	0.43	0.7	0.88	0.93	0.9	0.6	0.9	0.94	0.87	0.75	0.93	0.91	0.76	0.25	0.75
Other Current Liab	0.92	0.88		0.88	0.9	0.93	0.76	-0.71	0.4	0.93	0.42	0.41	0.63	0.84	0.93	0.73	0.62	0.94	0.94	0.75	0.82	0.87	0.93	0.86	0.24	0.52
Total Current Liabilities	0.92	0.89	0.88		0.9	0.93	0.81	-0.62	0.32	0.93	0.56	0.31	0.9	0.8	0.87	0.8	0.57	0.91	0.93	0.78	0.91	0.97	0.9	0.72	0.21	0.49
Total Stockholder Equity	0.99	0.9	0.9	0.9		0.99	0.68	-0.53	0.58	0.99	0.41	0.58	0.67	0.95	0.98	0.84	0.45	0.98	0.99	0.9	0.77	0.92	0.98	0.93	0.35	0.56
Property Plant And Equipment Net	1.0	0.93	0.93	0.93	0.99		0.77	-0.6	0.49	1.0	0.48	0.48	0.73	0.93	0.98	0.87	0.49	0.99	1.0	0.88	0.81	0.96	0.99	0.9	0.27	0.58
Net Debt	0.75	0.87	0.76	0.81	0.68	0.77		-0.6	-0.05	0.77	0.71	-0.06	0.75	0.59	0.73	0.78	0.62	0.72	0.77	0.55	0.69	0.86	0.72	0.49	-0.09	0.65
Retained Earnings	-0.54	-0.56	-0.71	-0.62	-0.53	-0.6	-0.6		-0.04	-0.57	-0.28	-0.01	-0.49	-0.43	-0.56	-0.48	-0.25	-0.68	-0.59	-0.27	-0.78	-0.6	-0.66	-0.48	0.23	-0.16
Cash	0.54	0.45	0.4	0.32	0.58	0.49	-0.05	-0.04		0.5	0.2	0.99	0.06	0.72	0.56	0.41	0.09	0.52	0.51	0.77	0.27	0.33	0.54	0.65	0.68	0.33
Non Current Assets Total	1.0	0.94	0.93	0.93	0.99	1.0	0.77	-0.57	0.5		0.5	0.5	0.72	0.94	0.99	0.87	0.52	0.98	1.0	0.89	0.8	0.96	0.98	0.9	0.29	0.6
Non Currrent Assets Other	0.51	0.73	0.42	0.56	0.41	0.48	0.71	-0.28	0.2	0.5		0.17	0.58	0.46	0.49	0.65	0.48	0.41	0.51	0.56	0.41	0.62	0.44	0.21	0.05	0.69
Cash And Short Term Investments	0.54	0.43	0.41	0.31	0.58	0.48	-0.06	-0.01	0.99	0.5	0.17		0.02	0.73	0.56	0.39	0.12	0.51	0.51	0.77	0.21	0.32	0.54	0.67	0.7	0.34
Net Receivables	0.71	0.7	0.63	0.9	0.67	0.73	0.75	-0.49	0.06	0.72	0.58	0.02		0.53	0.62	0.61	0.48	0.67	0.7	0.56	0.84	0.84	0.66	0.41	0.03	0.33
Common Stock Shares Outstanding	0.95	0.88	0.84	0.8	0.95	0.93	0.59	-0.43	0.72	0.94	0.46	0.73	0.53		0.96	0.8	0.48	0.92	0.94	0.96	0.64	0.85	0.94	0.93	0.4	0.61
Non Current Liabilities Total	0.99	0.93	0.93	0.87	0.98	0.98	0.73	-0.56	0.56	0.99	0.49	0.56	0.62	0.96		0.86	0.52	0.97	0.99	0.9	0.73	0.92	0.98	0.94	0.29	0.63
Inventory	0.87	0.9	0.73	0.8	0.84	0.87	0.78	-0.48	0.41	0.87	0.65	0.39	0.61	0.8	0.86		0.28	0.83	0.86	0.81	0.63	0.89	0.84	0.72	0.19	0.69
Other Current Assets	0.52	0.6	0.62	0.57	0.45	0.49	0.62	-0.25	0.09	0.52	0.48	0.12	0.48	0.48	0.52	0.28		0.44	0.54	0.48	0.43	0.53	0.45	0.36	0.12	0.5
Other Stockholder Equity	0.98	0.9	0.94	0.91	0.98	0.99	0.72	-0.68	0.52	0.98	0.41	0.51	0.67	0.92	0.97	0.83	0.44		0.98	0.84	0.84	0.92	1.0	0.92	0.26	0.52
Total Liab	1.0	0.94	0.94	0.93	0.99	1.0	0.77	-0.59	0.51	1.0	0.51	0.51	0.7	0.94	0.99	0.86	0.54	0.98		0.89	0.79	0.95	0.98	0.91	0.28	0.61
Total Current Assets	0.91	0.87	0.75	0.78	0.9	0.88	0.55	-0.27	0.77	0.89	0.56	0.77	0.56	0.96	0.9	0.81	0.48	0.84	0.89		0.59	0.82	0.86	0.83	0.52	0.65
Short Term Debt	0.78	0.75	0.82	0.91	0.77	0.81	0.69	-0.78	0.27	0.8	0.41	0.21	0.84	0.64	0.73	0.63	0.43	0.84	0.79	0.59		0.82	0.82	0.59	0.16	0.26
Accounts Payable	0.95	0.93	0.87	0.97	0.92	0.96	0.86	-0.6	0.33	0.96	0.62	0.32	0.84	0.85	0.92	0.89	0.53	0.92	0.95	0.82	0.82		0.92	0.77	0.15	0.59
Common Stock	0.98	0.91	0.93	0.9	0.98	0.99	0.72	-0.66	0.54	0.98	0.44	0.54	0.66	0.94	0.98	0.84	0.45	1.0	0.98	0.86	0.82	0.92		0.92	0.27	0.53
Other Liab	0.91	0.76	0.86	0.72	0.93	0.9	0.49	-0.48	0.65	0.9	0.21	0.67	0.41	0.93	0.94	0.72	0.36	0.92	0.91	0.83	0.59	0.77	0.92		0.34	0.47
Other Assets	0.32	0.25	0.24	0.21	0.35	0.27	-0.09	0.23	0.68	0.29	0.05	0.7	0.03	0.4	0.29	0.19	0.12	0.26	0.28	0.52	0.16	0.15	0.27	0.34		0.28
Long Term Debt	0.61	0.75	0.52	0.49	0.56	0.58	0.65	-0.16	0.33	0.6	0.69	0.34	0.33	0.61	0.63	0.69	0.5	0.52	0.61	0.65	0.26	0.59	0.53	0.47	0.28

Click cells to compare fundamentals

Newmont Goldcorp Account Relationship Matchups

Newmont Goldcorp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	41.4B	40.6B	38.5B	55.5B	63.8B	67.0B
Short Long Term Debt Total	6.7B	6.3B	6.1B	9.4B	10.9B	11.4B
Other Current Liab	1.4B	1.6B	2.0B	2.9B	3.3B	3.5B
Total Current Liabilities	3.4B	2.7B	2.9B	6.0B	6.9B	7.2B
Total Stockholder Equity	23.0B	22.0B	19.4B	29.0B	33.4B	35.1B
Property Plant And Equipment Net	24.3B	24.1B	24.1B	37.6B	43.2B	45.4B
Net Debt	1.2B	1.3B	3.3B	6.4B	7.4B	7.8B
Retained Earnings	4.0B	3.1B	916M	(3.0B)	(3.4B)	(3.3B)
Cash	5.5B	5.0B	2.9B	3.0B	3.5B	3.6B
Non Current Assets Total	32.9B	32.9B	32.0B	48.0B	55.2B	58.0B
Non Currrent Assets Other	2.3B	2.5B	2.5B	3.0B	3.5B	3.6B
Cash And Short Term Investments	5.8B	5.1B	3.8B	3.0B	3.5B	3.7B
Net Receivables	449M	337M	366M	1.2B	1.4B	1.5B
Common Stock Shares Outstanding	806M	801M	795M	841M	967.2M	1.0B
Liabilities And Stockholders Equity	41.4B	40.6B	38.5B	55.5B	63.8B	67.0B
Non Current Liabilities Total	14.1B	16.0B	16.0B	20.3B	23.3B	24.5B
Inventory	1.8B	1.8B	1.8B	2.6B	3.0B	3.2B
Other Current Assets	436M	498M	639M	618M	710.7M	746.2M
Other Stockholder Equity	17.9B	17.8B	17.1B	30.2B	34.7B	36.4B
Total Liab	17.5B	18.7B	18.9B	26.3B	30.2B	31.8B
Total Current Assets	8.5B	7.7B	6.5B	7.5B	8.6B	9.1B
Short Term Debt	780M	193M	96M	2.0B	2.3B	2.5B
Accounts Payable	493M	518M	633M	960M	1.1B	1.2B
Common Stock	1.3B	1.3B	1.3B	1.9B	2.1B	2.2B
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	5.5B	5.6B	5.6B	7.0B	8.0B	4.3B
Short Term Investments	290M	82M	880M	23M	20.7M	19.7M
Property Plant Equipment	25.3B	1.7B	1.8B	1.7B	2.0B	1.9B
Current Deferred Revenue	1.0B	770M	173M	88M	101.2M	96.1M
Accumulated Other Comprehensive Income	(216M)	(133M)	29M	14M	12.6M	12.0M
Common Stock Total Equity	1.3B	1.3B	1.3B	1.3B	1.5B	935.4M
Property Plant And Equipment Gross	24.3B	40.1B	42.2B	57.6B	66.3B	69.6B
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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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

Details

Is Newmont Stock a good investment?

Details

What is Newmont Goldcorp's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Materials Companies

View

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 income.

You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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

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.

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Newmont Operating Income vs Minority Interest Analysis

Operating Income vs Minority Interest

Operating Income vs Minority Interest Correlation Analysis

Correlation Coefficient

Operating Income

Minority Interest

Newmont Goldcorp fundamental ratios Correlations

Newmont Goldcorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Newmont Goldcorp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Assets Total

Short Term Debt	- 0.78	Retained Earnings
Retained Earnings	- 0.71	Other Current Liab
Other Stockholder Equity	- 0.68	Retained Earnings
Common Stock	- 0.66	Retained Earnings
Retained Earnings	- 0.62	Total Current Liabilities
Accounts Payable	- 0.6	Retained Earnings