Newmont Income Quality from 2010 to 2024

NEM Stock  USD 42.28  0.79  1.90%   
Newmont Goldcorp Income Quality yearly trend continues to be very stable with very little volatility. Income Quality is likely to grow to -1.06 this year. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
(1.12)
Current Value
(1.06)
Quarterly Volatility
8.00379734
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Newmont Goldcorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newmont Goldcorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Interest Expense of 125.6 M or Total Revenue of 12.4 B, as well as many indicators such as Price To Sales Ratio of 4.02, Dividend Yield of 0.0427 or PTB Ratio of 1.14. Newmont financial statements analysis is a perfect complement when working with Newmont Goldcorp Valuation or Volatility modules.
  
Check out the analysis of Newmont Goldcorp Correlation against competitors.

Latest Newmont Goldcorp's Income Quality Growth Pattern

Below is the plot of the Income Quality of Newmont Goldcorp Corp over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Newmont Goldcorp's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Newmont Goldcorp's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Very volatile
   Income Quality   
       Timeline  

Newmont Income Quality Regression Statistics

Arithmetic Mean0.63
Geometric Mean2.82
Coefficient Of Variation1,277
Mean Deviation4.94
Median1.07
Standard Deviation8.00
Sample Variance64.06
Range37.851
R-Value(0.05)
Mean Square Error68.84
R-Squared0
Significance0.87
Slope(0.08)
Total Sum of Squares896.85

Newmont Income Quality History

2024 -1.06
2023 -1.12
2022 -8.07
2021 18.36
2020 1.75
2019 0.99
2018 4.81

About Newmont Goldcorp Financial Statements

Newmont Goldcorp investors utilize fundamental indicators, such as Income Quality, to predict how Newmont Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Quality(1.12)(1.06)

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:
Check out the analysis of Newmont Goldcorp Correlation against competitors.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.