Newmont Property Plant Equipment vs Total Current Assets Analysis

NEM Stock  USD 42.93  1.11  2.52%   
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 Property Plant Equipment and its Total Current Assets 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.

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newmont Goldcorp Corp Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Newmont Goldcorp's Property Plant Equipment and Total Current Assets is 0.0. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets 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 Property Plant Equipment and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Newmont Goldcorp Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., Newmont Goldcorp's Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Property Plant Equipment

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 26th of February 2025, Enterprise Value Over EBITDA is likely to grow to 13.23, while Tax Provision is likely to drop about 831.6 M.
 2022 2023 2024 2025 (projected)
Gross Profit3.3B3.0B7.1B7.5B
Total Revenue11.9B11.8B18.7B19.6B

Newmont Goldcorp fundamental ratios Correlations

0.080.840.890.990.99-0.19-0.370.590.960.190.590.610.950.980.420.560.971.00.50.360.930.840.910.710.65
0.08-0.39-0.220.030.130.880.240.140.320.530.18-0.03-0.090.190.740.11-0.030.080.750.360.140.29-0.03-0.020.51
0.84-0.390.910.830.81-0.54-0.590.380.68-0.010.360.530.870.78-0.020.590.880.850.00.190.750.590.790.630.4
0.89-0.220.910.870.87-0.36-0.490.350.780.150.320.80.860.790.160.60.880.890.170.420.90.640.720.660.46
0.990.030.830.870.99-0.27-0.360.630.950.080.620.560.960.970.380.490.980.980.480.350.890.840.940.730.58
0.990.130.810.870.99-0.13-0.40.550.980.170.550.60.930.980.460.530.970.990.510.420.940.860.910.680.64
-0.190.88-0.54-0.36-0.27-0.130.22-0.350.040.45-0.31-0.03-0.41-0.110.560.06-0.3-0.190.390.27-0.020.0-0.34-0.350.32
-0.370.24-0.59-0.49-0.36-0.40.220.0-0.30.040.03-0.27-0.38-0.370.08-0.22-0.54-0.420.26-0.42-0.4-0.38-0.37-0.15-0.11
0.590.140.380.350.630.55-0.350.00.560.090.990.030.680.610.280.120.570.560.660.150.350.570.670.70.34
0.960.320.680.780.950.980.04-0.30.560.230.580.560.860.970.560.530.920.960.640.460.910.880.870.650.69
0.190.53-0.010.150.080.170.450.040.090.230.080.330.120.190.570.310.050.190.480.170.350.28-0.090.030.75
0.590.180.360.320.620.55-0.310.030.990.580.08-0.010.680.630.30.140.560.570.70.110.350.590.690.690.35
0.61-0.030.530.80.560.6-0.03-0.270.030.560.33-0.010.480.480.150.490.540.590.150.570.770.40.30.370.33
0.95-0.090.870.860.960.93-0.41-0.380.680.860.120.680.480.930.270.520.950.950.410.20.830.770.920.70.56
0.980.190.780.790.970.98-0.11-0.370.610.970.190.630.480.930.480.550.950.980.560.320.890.870.940.650.69
0.420.74-0.020.160.380.460.560.080.280.560.570.30.150.270.480.00.320.410.750.250.50.570.290.20.73
0.560.110.590.60.490.530.06-0.220.120.530.310.140.490.520.550.00.490.590.230.260.580.390.40.320.51
0.97-0.030.880.880.980.97-0.3-0.540.570.920.050.560.540.950.950.320.490.970.370.40.880.840.930.70.55
1.00.080.850.890.980.99-0.19-0.420.560.960.190.570.590.950.980.410.590.970.470.360.930.840.920.680.65
0.50.750.00.170.480.510.390.260.660.640.480.70.150.410.560.750.230.370.470.350.440.660.430.420.64
0.360.360.190.420.350.420.27-0.420.150.460.170.110.570.20.320.250.260.40.360.350.430.490.190.390.17
0.930.140.750.90.890.94-0.02-0.40.350.910.350.350.770.830.890.50.580.880.930.440.430.760.740.560.67
0.840.290.590.640.840.860.0-0.380.570.880.280.590.40.770.870.570.390.840.840.660.490.760.820.580.71
0.91-0.030.790.720.940.91-0.34-0.370.670.87-0.090.690.30.920.940.290.40.930.920.430.190.740.820.650.47
0.71-0.020.630.660.730.68-0.35-0.150.70.650.030.690.370.70.650.20.320.70.680.420.390.560.580.650.37
0.650.510.40.460.580.640.32-0.110.340.690.750.350.330.560.690.730.510.550.650.640.170.670.710.470.37
Click cells to compare fundamentals

Newmont Goldcorp Account Relationship Matchups

Newmont Goldcorp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets41.4B40.6B38.5B55.5B56.3B59.2B
Short Long Term Debt Total6.7B6.3B6.1B9.4B496M471.2M
Other Current Liab1.4B1.6B2.0B2.9B5.8B6.1B
Total Current Liabilities3.4B2.7B2.9B6.0B7.5B7.9B
Total Stockholder Equity23.0B22.0B19.4B29.0B30.1B31.6B
Property Plant And Equipment Net24.3B24.1B24.1B37.6B33.5B35.2B
Net Debt1.2B1.3B3.3B6.4B(3.1B)(3.0B)
Retained Earnings4.0B3.1B916M(3.0B)(1.3B)(1.3B)
Cash5.5B5.0B2.9B3.0B3.6B3.8B
Non Current Assets Total32.9B32.9B32.0B48.0B36.3B38.1B
Non Currrent Assets Other2.3B2.5B2.5B3.0B3.1B1.7B
Cash And Short Term Investments5.8B5.1B3.8B3.0B3.6B3.8B
Net Receivables449M337M366M1.2B1.1B1.1B
Common Stock Shares Outstanding806M801M795M841M1.1B1.2B
Liabilities And Stockholders Equity41.4B40.6B38.5B55.5B56.3B59.2B
Non Current Liabilities Total14.1B16.0B16.0B20.3B18.7B19.6B
Inventory1.8B1.8B1.8B2.6B1.4B861.9M
Other Current Assets436M498M639M618M786M825.3M
Other Stockholder Equity17.9B17.8B17.1B30.2B29.7B31.2B
Total Liab17.5B18.7B18.9B26.3B26.2B27.6B
Total Current Assets8.5B7.7B6.5B7.5B5.0B3.3B
Short Term Debt780M193M96M2.0B496M287.8M
Accounts Payable493M518M633M960M843M885.2M
Common Stock1.3B1.3B1.3B1.9B1.8B946.8M
Other Liab8.4B8.1B9.9B9.9B11.4B12.0B
Other Assets28.9B7.1B7.2B15.0B17.2B18.1B
Long Term Debt5.5B5.6B5.6B7.0B7.6B4.5B
Short Term Investments290M82M880M23M21M20.0M
Property Plant Equipment25.3B1.7B1.8B1.7B2.0B1.9B
Current Deferred Revenue1.0B770M173M88M101.2M96.1M
Accumulated Other Comprehensive Income(216M)(133M)29M14M(95M)(90.3M)
Common Stock Total Equity1.3B1.3B1.3B1.3B1.5B935.4M
Property Plant And Equipment Gross24.3B40.1B42.2B57.6B52.4B55.0B
Net Tangible Assets18.8B20.3B19.3B17.4B20.0B14.9B
Noncontrolling Interest In Consolidated Entity950M837M(209M)179M161.1M153.0M
Retained Earnings Total Equity2.3B4.0B3.1B916M824.4M1.6B
Long Term Debt Total6.1B6.0B6.1B6.0B6.9B5.9B
Capital Surpluse18.2B18.1B18.0B17.4B20.0B12.6B

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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:
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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
2.86
Revenue Per Share
16.302
Quarterly Revenue Growth
0.428
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.