Newmont Stock Based Compensation vs Depreciation Analysis

NEM Stock  USD 41.56  0.72  1.70%   
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 Stock Based Compensation and its Depreciation 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.

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newmont Goldcorp Corp Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Newmont Goldcorp's Stock Based Compensation and Depreciation is 0.7. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation 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 Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Newmont Goldcorp Corp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., Newmont Goldcorp's Stock Based Compensation and Depreciation go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Depreciation

Depreciation indicates how much of Newmont Goldcorp Corp value has been used up. For tax purposes Newmont Goldcorp can deduct the cost of the tangible assets it purchases as business expenses. However, Newmont Goldcorp Corp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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 14th of December 2024, Tax Provision is likely to grow to about 753.3 M, though Enterprise Value Over EBITDA is likely to grow to (236.03).
 2021 2022 2023 2024 (projected)
Gross Profit4.5B3.3B1.2B1.9B
Total Revenue12.2B11.9B11.8B12.4B

Newmont Goldcorp fundamental ratios Correlations

0.910.880.880.990.990.65-0.340.361.00.040.390.580.930.980.810.330.960.990.890.660.920.970.910.380.58
0.910.810.830.850.890.81-0.360.260.90.350.270.570.830.90.860.440.850.910.830.610.890.860.720.290.77
0.880.810.810.860.890.65-0.580.170.89-0.110.210.470.780.90.620.450.910.910.660.720.810.90.860.270.44
0.880.830.810.850.90.73-0.440.070.890.040.080.860.720.810.710.370.850.880.710.860.950.840.680.250.4
0.990.850.860.850.990.55-0.330.410.99-0.080.430.530.940.970.770.250.970.980.880.650.880.980.940.410.5
0.990.890.890.90.990.67-0.420.291.0-0.030.320.60.910.980.810.280.980.990.840.70.940.980.910.310.53
0.650.810.650.730.550.67-0.44-0.330.670.32-0.310.650.430.620.70.460.590.670.40.540.80.580.39-0.120.62
-0.34-0.36-0.58-0.44-0.33-0.42-0.440.24-0.380.270.25-0.29-0.22-0.37-0.270.02-0.54-0.4-0.04-0.67-0.42-0.5-0.390.290.06
0.360.260.170.070.410.29-0.330.240.310.180.99-0.20.60.380.220.050.320.320.67-0.020.080.360.450.70.35
1.00.90.890.890.991.00.67-0.380.310.00.330.60.910.980.80.320.971.00.860.680.930.980.910.340.56
0.040.35-0.110.04-0.08-0.030.320.270.180.00.170.160.10.030.270.39-0.140.030.27-0.190.15-0.1-0.230.060.7
0.390.270.210.080.430.32-0.310.250.990.330.17-0.210.640.420.230.090.340.360.69-0.040.110.380.490.710.37
0.580.570.470.860.530.60.65-0.29-0.20.60.16-0.210.360.470.450.290.520.570.420.760.770.510.290.020.2
0.930.830.780.720.940.910.43-0.220.60.910.10.640.360.950.730.320.890.930.950.490.790.920.910.460.59
0.980.90.90.810.970.980.62-0.370.380.980.030.420.470.950.80.330.960.990.870.580.880.970.950.330.6
0.810.860.620.710.770.810.7-0.270.220.80.270.230.450.730.80.050.750.80.750.440.840.770.660.210.68
0.330.440.450.370.250.280.460.020.050.320.390.090.290.320.330.050.210.350.330.170.330.230.170.130.53
0.960.850.910.850.970.980.59-0.540.320.97-0.140.340.520.890.960.750.210.970.790.740.871.00.940.310.43
0.990.910.910.880.980.990.67-0.40.321.00.030.360.570.930.990.80.350.970.860.670.930.980.920.320.57
0.890.830.660.710.880.840.4-0.040.670.860.270.690.420.950.870.750.330.790.860.440.760.830.780.570.65
0.660.610.720.860.650.70.54-0.67-0.020.68-0.19-0.040.760.490.580.440.170.740.670.440.710.710.520.180.06
0.920.890.810.950.880.940.8-0.420.080.930.150.110.770.790.880.840.330.870.930.760.710.880.740.160.55
0.970.860.90.840.980.980.58-0.50.360.98-0.10.380.510.920.970.770.231.00.980.830.710.880.940.320.47
0.910.720.860.680.940.910.39-0.390.450.91-0.230.490.290.910.950.660.170.940.920.780.520.740.940.350.39
0.380.290.270.250.410.31-0.120.290.70.340.060.710.020.460.330.210.130.310.320.570.180.160.320.350.29
0.580.770.440.40.50.530.620.060.350.560.70.370.20.590.60.680.530.430.570.650.060.550.470.390.29
Click cells to compare fundamentals

Newmont Goldcorp Account Relationship Matchups

Newmont Goldcorp 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 Liab1.2B1.4B1.6B2.0B2.9B3.1B
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 Assets570M436M498M639M618M323.3M
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 Debt100M780M193M96M2.0B2.1B
Accounts Payable539M493M518M633M960M1.0B
Common Stock1.3B1.3B1.3B1.3B1.9B1.9B
Other Liab8.4B8.1B9.9B9.9B11.4B12.0B
Other Assets2.4B28.9B7.1B7.2B8.2B4.7B
Long Term Debt6.1B5.5B5.6B5.6B7.0B4.3B
Short Term Investments237M290M82M880M23M21.9M
Property Plant Equipment25.3B1.7B1.8B1.7B2.0B1.9B
Current Deferred Revenue523M1.0B770M173M88M83.6M
Accumulated Other Comprehensive Income(265M)(216M)(133M)29M14M13.3M
Common Stock Total Equity1.3B1.3B1.3B1.3B1.5B935.4M
Property Plant And Equipment Gross25.3B24.3B40.1B42.2B57.6B60.5B
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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
(2.12)
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.