Newmont Short Long Term Debt Total vs Total Assets 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 Short Long Term Debt Total and its Total Assets 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.

Short Long Term Debt Total vs Total Assets

Short Long Term Debt Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newmont Corp Short Long Term Debt Total account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Newmont Corp's Short Long Term Debt Total and Total Assets is 0.91. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Assets 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 Short Long Term Debt Total and Total 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 Short Long Term Debt Total of Newmont Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Long Term Debt Total i.e., Newmont Corp's Short Long Term Debt Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Short Long Term Debt Total

Total Assets

Total assets refers to the total amount of Newmont Corp 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 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.

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 Revenue	12.2B	11.9B	11.8B	12.4B
Depreciation And Amortization	4.2B	3.1B	2.1B	2.2B

Total Revenue Depreciation And Amortization

Newmont Corp 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	Short Term Investments	Current Deferred Revenue	Good Will
Total Assets		0.91	0.82	0.88	0.99	0.99	0.65	-0.34	0.36	1.0	0.04	0.39	0.59	0.93	0.98	0.81	0.39	0.96	0.99	0.89	0.68	0.92	0.97	0.21	-0.08	0.54
Short Long Term Debt Total	0.91		0.81	0.83	0.85	0.89	0.81	-0.36	0.26	0.9	0.35	0.27	0.72	0.83	0.9	0.86	0.41	0.85	0.91	0.83	0.63	0.88	0.86	0.07	-0.1	0.26
Other Current Liab	0.82	0.81		0.93	0.76	0.82	0.81	-0.26	-0.05	0.83	0.24	-0.01	0.8	0.65	0.76	0.73	0.3	0.72	0.83	0.67	0.63	0.95	0.72	0.13	0.22	0.27
Total Current Liabilities	0.88	0.83	0.93		0.85	0.9	0.73	-0.44	0.07	0.89	0.04	0.08	0.78	0.72	0.81	0.71	0.14	0.85	0.88	0.71	0.85	0.96	0.84	0.03	0.04	0.4
Total Stockholder Equity	0.99	0.85	0.76	0.85		0.99	0.55	-0.33	0.41	0.99	-0.08	0.43	0.51	0.94	0.97	0.77	0.36	0.97	0.98	0.88	0.67	0.88	0.98	0.22	-0.1	0.62
Property Plant And Equipment Net	0.99	0.89	0.82	0.9	0.99		0.67	-0.42	0.29	1.0	-0.03	0.32	0.6	0.91	0.98	0.81	0.36	0.98	0.99	0.84	0.72	0.93	0.98	0.19	-0.13	0.57
Net Debt	0.65	0.81	0.81	0.73	0.55	0.67		-0.44	-0.33	0.67	0.32	-0.31	0.8	0.43	0.62	0.7	0.43	0.59	0.67	0.4	0.55	0.78	0.58	-0.03	-0.1	0.13
Retained Earnings	-0.34	-0.36	-0.26	-0.44	-0.33	-0.42	-0.44		0.24	-0.38	0.27	0.25	-0.41	-0.22	-0.37	-0.27	0.2	-0.54	-0.4	-0.04	-0.71	-0.42	-0.5	0.17	0.69	-0.24
Cash	0.36	0.26	-0.05	0.07	0.41	0.29	-0.33	0.24		0.31	0.18	0.99	-0.18	0.6	0.38	0.22	0.05	0.32	0.32	0.67	0.0	0.08	0.36	0.21	0.05	0.12
Non Current Assets Total	1.0	0.9	0.83	0.89	0.99	1.0	0.67	-0.38	0.31		0.0	0.33	0.6	0.91	0.98	0.8	0.39	0.97	1.0	0.86	0.7	0.93	0.98	0.2	-0.11	0.57
Non Currrent Assets Other	0.04	0.35	0.24	0.04	-0.08	-0.03	0.32	0.27	0.18	0.0		0.17	0.27	0.1	0.03	0.27	0.27	-0.14	0.03	0.27	-0.22	0.12	-0.1	-0.02	0.37	-0.69
Cash And Short Term Investments	0.39	0.27	-0.01	0.08	0.43	0.32	-0.31	0.25	0.99	0.33	0.17		-0.19	0.64	0.42	0.23	0.09	0.34	0.36	0.69	-0.03	0.11	0.38	0.36	0.04	0.15
Net Receivables	0.59	0.72	0.8	0.78	0.51	0.6	0.8	-0.41	-0.18	0.6	0.27	-0.19		0.37	0.53	0.63	0.0	0.54	0.61	0.45	0.64	0.75	0.53	-0.19	0.06	0.1
Common Stock Shares Outstanding	0.93	0.83	0.65	0.72	0.94	0.91	0.43	-0.22	0.6	0.91	0.1	0.64	0.37		0.95	0.73	0.37	0.89	0.93	0.95	0.51	0.78	0.92	0.36	-0.09	0.43
Non Current Liabilities Total	0.98	0.9	0.76	0.81	0.97	0.98	0.62	-0.37	0.38	0.98	0.03	0.42	0.53	0.95		0.8	0.4	0.96	0.99	0.87	0.61	0.88	0.97	0.29	-0.19	0.56
Inventory	0.81	0.86	0.73	0.71	0.77	0.81	0.7	-0.27	0.22	0.8	0.27	0.23	0.63	0.73	0.8		0.31	0.75	0.8	0.75	0.49	0.83	0.77	0.07	0.09	0.25
Other Current Assets	0.39	0.41	0.3	0.14	0.36	0.36	0.43	0.2	0.05	0.39	0.27	0.09	0.0	0.37	0.4	0.31		0.28	0.36	0.33	-0.13	0.27	0.3	0.24	0.06	0.16
Other Stockholder Equity	0.96	0.85	0.72	0.85	0.97	0.98	0.59	-0.54	0.32	0.97	-0.14	0.34	0.54	0.89	0.96	0.75	0.28		0.97	0.79	0.77	0.87	1.0	0.15	-0.28	0.62
Total Liab	0.99	0.91	0.83	0.88	0.98	0.99	0.67	-0.4	0.32	1.0	0.03	0.36	0.61	0.93	0.99	0.8	0.36	0.97		0.86	0.69	0.93	0.98	0.24	-0.15	0.54
Total Current Assets	0.89	0.83	0.67	0.71	0.88	0.84	0.4	-0.04	0.67	0.86	0.27	0.69	0.45	0.95	0.87	0.75	0.33	0.79	0.86		0.46	0.76	0.83	0.26	0.14	0.29
Short Term Debt	0.68	0.63	0.63	0.85	0.67	0.72	0.55	-0.71	0.0	0.7	-0.22	-0.03	0.64	0.51	0.61	0.49	-0.13	0.77	0.69	0.46		0.72	0.74	-0.23	-0.28	0.42
Accounts Payable	0.92	0.88	0.95	0.96	0.88	0.93	0.78	-0.42	0.08	0.93	0.12	0.11	0.75	0.78	0.88	0.83	0.27	0.87	0.93	0.76	0.72		0.88	0.14	0.06	0.38
Common Stock	0.97	0.86	0.72	0.84	0.98	0.98	0.58	-0.5	0.36	0.98	-0.1	0.38	0.53	0.92	0.97	0.77	0.3	1.0	0.98	0.83	0.74	0.88		0.19	-0.25	0.58
Short Term Investments	0.21	0.07	0.13	0.03	0.22	0.19	-0.03	0.17	0.21	0.2	-0.02	0.36	-0.19	0.36	0.29	0.07	0.24	0.15	0.24	0.26	-0.23	0.14	0.19		-0.08	0.2
Current Deferred Revenue	-0.08	-0.1	0.22	0.04	-0.1	-0.13	-0.1	0.69	0.05	-0.11	0.37	0.04	0.06	-0.09	-0.19	0.09	0.06	-0.28	-0.15	0.14	-0.28	0.06	-0.25	-0.08		-0.36
Good Will	0.54	0.26	0.27	0.4	0.62	0.57	0.13	-0.24	0.12	0.57	-0.69	0.15	0.1	0.43	0.56	0.25	0.16	0.62	0.54	0.29	0.42	0.38	0.58	0.2	-0.36

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Newmont Corp Account Relationship Matchups

Newmont Corp fundamental ratios 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	1.6B	1.4B	1.6B	2.0B	2.9B	3.1B
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	2.5B	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	1.6B	436M	498M	639M	618M	348.3M
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
Total Current Assets	6.3B	8.5B	7.7B	6.5B	7.5B	7.9B
Short Term Debt	128M	780M	193M	96M	2.0B	2.1B
Accounts Payable	539M	493M	518M	633M	960M	1.0B
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	173M	88M	83.6M
Accumulated Other Comprehensive Income	(265M)	(216M)	(133M)	29M	14M	13.3M
Other Assets	2.6B	2.6B	2.7B	2.6B	2.4B	3.1B
Long Term Debt	4.0B	3.4B	6.1B	5.5B	6.3B	5.1B
Capital Surpluse	9.6B	9.6B	18.2B	18.1B	20.8B	14.3B
Property Plant Equipment	25.3B	24.3B	24.1B	24.1B	27.7B	21.1B
Other Liab	8.4B	8.1B	9.9B	9.9B	11.4B	8.0B
Net Tangible Assets	18.7B	20.2B	19.3B	17.4B	20.0B	17.7B

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Newmont Short Long Term Debt Total vs Total Assets Analysis

Short Long Term Debt Total vs Total Assets

Short Long Term Debt Total vs Total Assets Correlation Analysis

Correlation Coefficient

Short Long Term Debt Total

Total Assets

Newmont Corp fundamental ratios Correlations

Newmont Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Newmont Corp fundamental ratios Accounts

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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	- 0.71	Retained Earnings
Good Will	- 0.69	Non Currrent Assets Other
Other Stockholder Equity	- 0.54	Retained Earnings
Common Stock	- 0.5	Retained Earnings
Retained Earnings	- 0.44	Net Debt
Retained Earnings	- 0.44	Total Current Liabilities