Newmont Historical Balance Sheet

NGT Stock

CAD 58.91 0.08 0.14%

Trend analysis of Newmont Goldcorp Corp balance sheet accounts such as Total Current Liabilities of 6.3 B provides information on Newmont Goldcorp's total assets, liabilities, and equity, which is the actual value of Newmont Goldcorp Corp to its prevalent stockholders. By breaking down trends over time using Newmont Goldcorp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Black Monday

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Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Newmont Goldcorp Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Newmont Goldcorp Corp is a good buy for the upcoming year.

Newmont Goldcorp Inventory

2.77 Billion

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 board of governors.

About Newmont Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Newmont Goldcorp Corp at a specified time, usually calculated after every quarter, six months, or one year. Newmont Goldcorp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Newmont Goldcorp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Newmont currently owns. An asset can also be divided into two categories, current and non-current.

Newmont Goldcorp Balance Sheet Chart

At this time, Newmont Goldcorp's Net Debt is very stable compared to the past year. As of the 2nd of December 2024, Non Current Assets Total is likely to grow to about 50.4 B, though Retained Earnings are likely to grow to (2.8 B).

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Accounts Payable Capital Lease Obligations

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Total Assets

Total assets refers to the total amount of Newmont Goldcorp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Newmont Goldcorp Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Newmont Goldcorp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Newmont Goldcorp Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Newmont Goldcorp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Newmont Goldcorp Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Lease Obligations

Newmont Goldcorp Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Newmont Goldcorp asset purchases. For example, Newmont Goldcorp can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Newmont Goldcorp control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most accounts from Newmont Goldcorp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 board of governors.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	6.3B	6.1B	9.4B	9.9B
Total Assets	40.6B	38.5B	55.5B	58.3B

Short Long Term Debt Total Total Assets

Newmont Goldcorp balance sheet 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	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Short Term Investments
Total Assets		0.91	0.3	0.88	0.99	0.99	0.65	-0.34	0.36	1.0	0.12	0.39	0.58	0.93	0.98	0.81	0.25	0.96	0.99	0.93	0.89	0.65	0.92	0.75	0.97	0.21
Short Long Term Debt Total	0.91		0.3	0.83	0.85	0.89	0.81	-0.36	0.26	0.9	0.42	0.27	0.57	0.83	0.9	0.86	0.37	0.84	0.91	0.8	0.83	0.61	0.89	0.63	0.86	0.07
Other Current Liab	0.3	0.3		0.07	0.28	0.25	0.12	0.15	0.33	0.29	0.13	0.43	-0.22	0.46	0.4	0.07	0.67	0.21	0.33	0.28	0.39	-0.17	0.14	0.5	0.26	0.77
Total Current Liabilities	0.88	0.83	0.07		0.85	0.9	0.73	-0.44	0.07	0.89	0.14	0.08	0.86	0.72	0.81	0.71	0.28	0.85	0.88	0.85	0.71	0.86	0.95	0.46	0.84	0.03
Total Stockholder Equity	0.99	0.85	0.28	0.85		0.99	0.55	-0.33	0.41	0.99	0.01	0.43	0.53	0.94	0.97	0.77	0.17	0.97	0.98	0.93	0.88	0.64	0.88	0.76	0.98	0.22
Property Plant And Equipment Net	0.99	0.89	0.25	0.9	0.99		0.67	-0.42	0.29	1.0	0.06	0.32	0.6	0.91	0.98	0.81	0.2	0.98	0.99	0.95	0.84	0.7	0.94	0.71	0.98	0.19
Net Debt	0.65	0.81	0.12	0.73	0.55	0.67		-0.44	-0.33	0.67	0.39	-0.31	0.65	0.43	0.62	0.7	0.39	0.59	0.67	0.59	0.4	0.56	0.8	0.25	0.58	-0.03
Retained Earnings	-0.34	-0.36	0.15	-0.44	-0.33	-0.42	-0.44		0.24	-0.38	0.17	0.25	-0.29	-0.22	-0.37	-0.27	0.12	-0.54	-0.4	-0.52	-0.04	-0.69	-0.42	-0.03	-0.5	0.17
Cash	0.36	0.26	0.33	0.07	0.41	0.29	-0.33	0.24		0.31	0.19	0.99	-0.2	0.6	0.38	0.22	0.04	0.31	0.32	0.24	0.67	-0.05	0.08	0.7	0.36	0.21
Non Current Assets Total	1.0	0.9	0.29	0.89	0.99	1.0	0.67	-0.38	0.31		0.09	0.33	0.6	0.91	0.98	0.8	0.24	0.97	1.0	0.95	0.86	0.68	0.93	0.72	0.98	0.2
Non Currrent Assets Other	0.12	0.42	0.13	0.14	0.01	0.06	0.39	0.17	0.19	0.09		0.17	0.24	0.15	0.11	0.34	0.39	-0.05	0.12	-0.03	0.31	-0.08	0.24	0.23	0.0	-0.05
Cash And Short Term Investments	0.39	0.27	0.43	0.08	0.43	0.32	-0.31	0.25	0.99	0.33	0.17		-0.21	0.64	0.42	0.23	0.08	0.33	0.36	0.28	0.69	-0.07	0.11	0.74	0.38	0.36
Net Receivables	0.58	0.57	-0.22	0.86	0.53	0.6	0.65	-0.29	-0.2	0.6	0.24	-0.21		0.36	0.47	0.45	0.22	0.52	0.57	0.54	0.42	0.77	0.77	0.13	0.51	-0.19
Common Stock Shares Outstanding	0.93	0.83	0.46	0.72	0.94	0.91	0.43	-0.22	0.6	0.91	0.15	0.64	0.36		0.95	0.73	0.27	0.89	0.93	0.85	0.95	0.47	0.79	0.86	0.92	0.36
Non Current Liabilities Total	0.98	0.9	0.4	0.81	0.97	0.98	0.62	-0.37	0.38	0.98	0.11	0.42	0.47	0.95		0.8	0.26	0.96	0.99	0.95	0.87	0.58	0.88	0.78	0.97	0.29
Inventory	0.81	0.86	0.07	0.71	0.77	0.81	0.7	-0.27	0.22	0.8	0.34	0.23	0.45	0.73	0.8		-0.01	0.75	0.8	0.73	0.75	0.44	0.84	0.55	0.77	0.07
Other Current Assets	0.25	0.37	0.67	0.28	0.17	0.2	0.39	0.12	0.04	0.24	0.39	0.08	0.22	0.27	0.26	-0.01		0.12	0.28	0.16	0.3	0.07	0.25	0.29	0.15	0.29
Other Stockholder Equity	0.96	0.84	0.21	0.85	0.97	0.98	0.59	-0.54	0.31	0.97	-0.05	0.33	0.52	0.89	0.96	0.75	0.12		0.97	0.95	0.79	0.74	0.87	0.69	1.0	0.15
Total Liab	0.99	0.91	0.33	0.88	0.98	0.99	0.67	-0.4	0.32	1.0	0.12	0.36	0.57	0.93	0.99	0.8	0.28	0.97		0.96	0.86	0.66	0.93	0.73	0.98	0.24
Property Plant And Equipment Gross	0.93	0.8	0.28	0.85	0.93	0.95	0.59	-0.52	0.24	0.95	-0.03	0.28	0.54	0.85	0.95	0.73	0.16	0.95	0.96		0.74	0.68	0.89	0.65	0.95	0.25
Total Current Assets	0.89	0.83	0.39	0.71	0.88	0.84	0.4	-0.04	0.67	0.86	0.31	0.69	0.42	0.95	0.87	0.75	0.3	0.79	0.86	0.74		0.43	0.76	0.81	0.83	0.26
Short Term Debt	0.65	0.61	-0.17	0.86	0.64	0.7	0.56	-0.69	-0.05	0.68	-0.08	-0.07	0.77	0.47	0.58	0.44	0.07	0.74	0.66	0.68	0.43		0.71	0.21	0.7	-0.25
Accounts Payable	0.92	0.89	0.14	0.95	0.88	0.94	0.8	-0.42	0.08	0.93	0.24	0.11	0.77	0.79	0.88	0.84	0.25	0.87	0.93	0.89	0.76	0.71		0.55	0.88	0.13
Common Stock Total Equity	0.75	0.63	0.5	0.46	0.76	0.71	0.25	-0.03	0.7	0.72	0.23	0.74	0.13	0.86	0.78	0.55	0.29	0.69	0.73	0.65	0.81	0.21	0.55		0.72	0.45
Common Stock	0.97	0.86	0.26	0.84	0.98	0.98	0.58	-0.5	0.36	0.98	0.0	0.38	0.51	0.92	0.97	0.77	0.15	1.0	0.98	0.95	0.83	0.7	0.88	0.72		0.19
Short Term Investments	0.21	0.07	0.77	0.03	0.22	0.19	-0.03	0.17	0.21	0.2	-0.05	0.36	-0.19	0.36	0.29	0.07	0.29	0.15	0.24	0.25	0.26	-0.25	0.13	0.45	0.19

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Newmont Goldcorp Account Relationship Matchups

Newmont Goldcorp balance sheet 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	1.2B	1.2B	2.2B	406M	632.7M
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	3.0B	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	420M	317.7M
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
Property Plant And Equipment Gross	25.3B	24.3B	40.1B	42.2B	57.6B	60.5B
Total Current Assets	6.3B	8.5B	7.7B	6.5B	7.5B	7.9B
Accumulated Other Comprehensive Income	(265M)	(216M)	(133M)	29M	14M	14.7M
Short Term Debt	100M	657M	193M	96M	2.0B	2.1B
Accounts Payable	539M	493M	518M	633M	960M	1.0B
Common Stock Total Equity	853M	855M	1.3B	1.3B	1.5B	807.9M
Common Stock	1.3B	1.3B	1.3B	1.3B	1.9B	1.9B
Short Term Investments	237M	290M	82M	880M	23M	21.9M
Current Deferred Revenue	523M	1.0B	770M	2.6B	3.0B	3.1B
Other Liab	8.4B	8.0B	9.9B	9.9B	11.4B	7.0B
Net Tangible Assets	18.7B	20.2B	19.3B	17.4B	20.0B	16.3B
Other Assets	2.6B	2.6B	2.7B	2.6B	2.4B	2.7B
Long Term Debt	6.1B	5.5B	5.6B	5.6B	7.0B	5.8B
Long Term Debt Total	3.6B	6.7B	6.0B	6.1B	7.0B	5.7B
Capital Surpluse	9.6B	18.2B	18.1B	18.0B	20.7B	14.5B
Long Term Investments	3.2B	3.2B	3.2B	3.3B	4.1B	2.2B
Property Plant Equipment	25.3B	24.3B	24.1B	24.1B	27.7B	20.3B

Pair Trading with Newmont Goldcorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Newmont Goldcorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Newmont Goldcorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Newmont Stock

0.7

ORE

Orezone Gold Corp

Pair Corr

Moving against Newmont Stock

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0.75	JPM	JPMorgan Chase	Pair Corr
0.69	AMZN	Amazon CDR	Pair Corr
0.61	GOOG	Alphabet CDR	Pair Corr
0.46	NVDA	NVIDIA CDR	Pair Corr

The ability to find closely correlated positions to Newmont Goldcorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newmont Goldcorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Newmont Goldcorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Newmont Goldcorp Corp to buy it.

The correlation of Newmont Goldcorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Newmont Goldcorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newmont Goldcorp Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Newmont Goldcorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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

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Is Newmont Stock a good investment?

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What is Newmont Goldcorp's Net Worth?

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You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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.

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Newmont Historical Balance Sheet

Newmont Goldcorp Inventory

2.77 Billion

About Newmont Balance Sheet Analysis

Newmont Goldcorp Balance Sheet Chart

Total Assets

Total Current Liabilities

Accounts Payable

Capital Lease Obligations

Newmont Goldcorp balance sheet Correlations

Newmont Goldcorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Newmont Goldcorp balance sheet Accounts

Pair Trading with Newmont Goldcorp

Moving together with Newmont Stock

Moving against Newmont Stock

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Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Assets Total
Common Stock	+ 1.0	Other Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Short Term Debt	- 0.69	Retained Earnings
Other Stockholder Equity	- 0.54	Retained Earnings
Property Plant And Equipment Gross	- 0.52	Retained Earnings
Common Stock	- 0.5	Retained Earnings
Retained Earnings	- 0.44	Net Debt
Retained Earnings	- 0.44	Total Current Liabilities