Newmont Historical Income Statement
NEM Stock | USD 38.55 0.01 0.03% |
Historical analysis of Newmont Goldcorp income statement accounts such as Gross Profit of 1.9 B can show how well Newmont Goldcorp Corp performed in making a profits. Evaluating Newmont Goldcorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Newmont Goldcorp's future profits or losses.
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 |
About Newmont Income Statement Analysis
Newmont Goldcorp Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Newmont Goldcorp shareholders. The income statement also shows Newmont investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Newmont Goldcorp Income Statement Chart
Newmont Goldcorp Corp Income Statement is one of the three primary financial statements used for reporting Newmont's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Newmont Goldcorp Corp revenue and expense. Newmont Goldcorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Newmont Goldcorp's EBIT is very stable compared to the past year. As of the 19th of April 2024, EBITDA is likely to grow to about 4.5 B, though Total Other Income Expense Net is likely to grow to (2.5 B). Add Fundamental
Total Revenue
Total revenue comprises all receipts Newmont Goldcorp Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Newmont Goldcorp Corp minus its cost of goods sold. It is profit before Newmont Goldcorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Newmont Goldcorp Corp. It is also known as Newmont Goldcorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Newmont Goldcorp's income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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 tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Newmont Goldcorp's EBIT is very stable compared to the past year. As of the 19th of April 2024, EBITDA is likely to grow to about 4.5 B, though Total Other Income Expense Net is likely to grow to (2.5 B).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.5B | 3.3B | 1.2B | 1.9B | Total Revenue | 12.2B | 11.9B | 11.8B | 12.4B |
Newmont Goldcorp income statement Correlations
Click cells to compare fundamentals
Newmont Goldcorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Newmont Goldcorp income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 2.0B | 2.3B | 2.3B | 2.2B | 3.6B | 3.8B | |
Interest Expense | 301M | 308M | 274M | 227M | 337M | 353.9M | |
Total Revenue | 9.7B | 11.5B | 12.2B | 11.9B | 11.8B | 12.4B | |
Gross Profit | 2.6B | 4.2B | 4.5B | 3.3B | 1.2B | 1.9B | |
Other Operating Expenses | 8.2B | 8.4B | 10.2B | 10.3B | 11.1B | 11.7B | |
Operating Income | 4.0B | 2.8B | 1.7B | 1.5B | 650M | 1.1B | |
Ebit | 4.0B | 2.8B | 1.7B | 1.5B | 650M | 1.2B | |
Ebitda | 6.0B | 5.1B | 4.1B | 3.6B | 4.3B | 4.5B | |
Cost Of Revenue | 7.2B | 7.3B | 7.8B | 8.7B | 10.6B | 11.1B | |
Total Operating Expenses | 1.0B | 1.1B | 2.5B | 1.7B | 520M | 827.7M | |
Income Before Tax | 3.7B | 3.1B | 1.1B | (51M) | (2.0B) | (1.9B) | |
Total Other Income Expense Net | (306M) | 320M | (633M) | (1.5B) | (2.7B) | (2.5B) | |
Net Income | 2.8B | 2.8B | 10M | (506M) | (2.5B) | (2.4B) | |
Income Tax Expense | 832M | 704M | 1.1B | 455M | 526M | 295.7M | |
Research Development | 150M | 122M | 154M | 229M | 200M | 183.7M | |
Selling General Administrative | 313M | 269M | 259M | 276M | 299M | 217.5M | |
Minority Interest | 79M | (38M) | 933M | (60M) | (36M) | (34.2M) | |
Extraordinary Items | (72M) | 163M | 57M | 30M | 34.5M | 36.2M | |
Net Income Applicable To Common Shares | 2.8B | 2.8B | 1.2B | (429M) | (493.4M) | (468.7M) | |
Discontinued Operations | (72M) | 163M | 57M | 30M | 34.5M | 36.2M | |
Net Income From Continuing Ops | 3.0B | 2.6B | 176M | (399M) | (803M) | (762.9M) | |
Tax Provision | 832M | 704M | 1.1B | 455M | 561M | 753.3M | |
Interest Income | 57M | 24M | 368M | 78M | 143M | 123.9M | |
Net Interest Income | (244M) | (284M) | (256M) | (149M) | (72M) | (75.6M) | |
Reconciled Depreciation | 2.0B | 2.3B | 2.3B | 2.2B | 2.0B | 2.1B |
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 ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Newmont Goldcorp Corp information on this page should be used as a complementary analysis to other Newmont Goldcorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Newmont Stock analysis
When running Newmont Goldcorp's price analysis, check to measure Newmont Goldcorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newmont Goldcorp is operating at the current time. Most of Newmont Goldcorp's value examination focuses on studying past and present price action to predict the probability of Newmont Goldcorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newmont Goldcorp's price. Additionally, you may evaluate how the addition of Newmont Goldcorp to your portfolios can decrease your overall portfolio volatility.
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
Is Newmont Goldcorp's industry 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 (0.26) | Dividend Share 1.45 | Earnings Share (3.00) | Revenue Per Share 14.045 | Quarterly Revenue Growth 0.237 |
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.