Newmont Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

0R28 Stock   37.24  0.17  0.46%   
Newmont Corp financial indicator trend analysis is infinitely more than just investigating Newmont Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newmont Corp is a good investment. Please check the relationship between Newmont Corp Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Newmont 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.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newmont Corp Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Newmont Corp's Non Currrent Assets Other and Property Plant And Equipment Net is -0.03. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Newmont Corp, assuming nothing else is changed. The correlation between historical values of Newmont Corp's Non Currrent Assets Other and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Newmont Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Newmont Corp's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Newmont Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newmont 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Newmont 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.
Discontinued Operations is likely to gain to about 36.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 221.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue12.2B11.9B11.8B12.4B
Depreciation And Amortization4.2B3.1B2.1B2.2B

Newmont Corp fundamental ratios Correlations

0.910.820.880.990.990.65-0.340.361.00.040.390.590.930.980.810.390.960.990.890.680.920.970.21-0.080.54
0.910.810.830.850.890.81-0.360.260.90.350.270.720.830.90.860.410.850.910.830.630.880.860.07-0.10.26
0.820.810.930.760.820.81-0.26-0.050.830.24-0.010.80.650.760.730.30.720.830.670.630.950.720.130.220.27
0.880.830.930.850.90.73-0.440.070.890.040.080.780.720.810.710.140.850.880.710.850.960.840.030.040.4
0.990.850.760.850.990.55-0.330.410.99-0.080.430.510.940.970.770.360.970.980.880.670.880.980.22-0.10.62
0.990.890.820.90.990.67-0.420.291.0-0.030.320.60.910.980.810.360.980.990.840.720.930.980.19-0.130.57
0.650.810.810.730.550.67-0.44-0.330.670.32-0.310.80.430.620.70.430.590.670.40.550.780.58-0.03-0.10.13
-0.34-0.36-0.26-0.44-0.33-0.42-0.440.24-0.380.270.25-0.41-0.22-0.37-0.270.2-0.54-0.4-0.04-0.71-0.42-0.50.170.69-0.24
0.360.26-0.050.070.410.29-0.330.240.310.180.99-0.180.60.380.220.050.320.320.670.00.080.360.210.050.12
1.00.90.830.890.991.00.67-0.380.310.00.330.60.910.980.80.390.971.00.860.70.930.980.2-0.110.57
0.040.350.240.04-0.08-0.030.320.270.180.00.170.270.10.030.270.27-0.140.030.27-0.220.12-0.1-0.020.37-0.69
0.390.27-0.010.080.430.32-0.310.250.990.330.17-0.190.640.420.230.090.340.360.69-0.030.110.380.360.040.15
0.590.720.80.780.510.60.8-0.41-0.180.60.27-0.190.370.530.630.00.540.610.450.640.750.53-0.190.060.1
0.930.830.650.720.940.910.43-0.220.60.910.10.640.370.950.730.370.890.930.950.510.780.920.36-0.090.43
0.980.90.760.810.970.980.62-0.370.380.980.030.420.530.950.80.40.960.990.870.610.880.970.29-0.190.56
0.810.860.730.710.770.810.7-0.270.220.80.270.230.630.730.80.310.750.80.750.490.830.770.070.090.25
0.390.410.30.140.360.360.430.20.050.390.270.090.00.370.40.310.280.360.33-0.130.270.30.240.060.16
0.960.850.720.850.970.980.59-0.540.320.97-0.140.340.540.890.960.750.280.970.790.770.871.00.15-0.280.62
0.990.910.830.880.980.990.67-0.40.321.00.030.360.610.930.990.80.360.970.860.690.930.980.24-0.150.54
0.890.830.670.710.880.840.4-0.040.670.860.270.690.450.950.870.750.330.790.860.460.760.830.260.140.29
0.680.630.630.850.670.720.55-0.710.00.7-0.22-0.030.640.510.610.49-0.130.770.690.460.720.74-0.23-0.280.42
0.920.880.950.960.880.930.78-0.420.080.930.120.110.750.780.880.830.270.870.930.760.720.880.140.060.38
0.970.860.720.840.980.980.58-0.50.360.98-0.10.380.530.920.970.770.31.00.980.830.740.880.19-0.250.58
0.210.070.130.030.220.19-0.030.170.210.2-0.020.36-0.190.360.290.070.240.150.240.26-0.230.140.19-0.080.2
-0.08-0.10.220.04-0.1-0.13-0.10.690.05-0.110.370.040.06-0.09-0.190.090.06-0.28-0.150.14-0.280.06-0.25-0.08-0.36
0.540.260.270.40.620.570.13-0.240.120.57-0.690.150.10.430.560.250.160.620.540.290.420.380.580.2-0.36
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Newmont Corp Account Relationship Matchups

Newmont Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.0B41.4B40.6B38.5B55.5B58.3B
Short Long Term Debt Total6.8B6.7B6.3B6.1B9.4B9.9B
Other Current Liab1.6B1.4B1.6B2.0B2.9B3.1B
Total Current Liabilities2.4B3.4B2.7B2.9B6.0B6.3B
Total Stockholder Equity21.4B23.0B22.0B19.4B29.0B30.5B
Property Plant And Equipment Net25.3B24.3B24.1B24.1B37.6B39.4B
Net Debt4.6B1.2B1.3B3.3B6.4B6.8B
Retained Earnings2.3B4.0B3.1B916M(3.0B)(2.8B)
Cash2.2B5.5B5.0B2.9B3.0B1.5B
Non Current Assets Total33.7B32.9B32.9B32.0B48.0B50.4B
Non Currrent Assets Other2.0B2.3B2.5B2.5B2.5B1.7B
Cash And Short Term Investments2.5B5.8B5.1B3.8B3.0B1.6B
Net Receivables373M449M337M366M1.2B1.3B
Common Stock Shares Outstanding737M806M801M795M841M883.1M
Liabilities And Stockholders Equity40.0B41.4B40.6B38.5B55.5B58.3B
Non Current Liabilities Total15.2B14.1B16.0B16.0B20.3B21.3B
Inventory1.8B1.8B1.8B1.8B2.6B2.8B
Other Current Assets1.6B436M498M639M618M348.3M
Other Stockholder Equity18.1B17.9B17.8B17.1B30.2B31.7B
Total Liab17.6B17.5B18.7B18.9B26.3B27.6B
Total Current Assets6.3B8.5B7.7B6.5B7.5B7.9B
Short Term Debt128M780M193M96M2.0B2.1B
Accounts Payable539M493M518M633M960M1.0B
Common Stock1.3B1.3B1.3B1.3B1.9B1.9B
Short Term Investments237M290M82M880M23M21.9M
Current Deferred Revenue523M1.0B770M173M88M83.6M
Accumulated Other Comprehensive Income(265M)(216M)(133M)29M14M13.3M
Other Assets2.6B2.6B2.7B2.6B2.4B3.1B
Long Term Debt4.0B3.4B6.1B5.5B6.3B5.1B
Capital Surpluse9.6B9.6B18.2B18.1B20.8B14.3B
Property Plant Equipment25.3B24.3B24.1B24.1B27.7B21.1B
Other Liab8.4B8.1B9.9B9.9B11.4B8.0B
Net Tangible Assets18.7B20.2B19.3B17.4B20.0B17.7B

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