Newmont Enterprise Value vs Operating Margin Analysis
NEM Stock | USD 42.49 0.35 0.82% |
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 Enterprise Value and its Operating Profit Margin 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 tightly coupled with the direction of predictive economic indicators such as signals in income.
Enterprise Value vs Operating Profit Margin
Enterprise Value vs Operating Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newmont Goldcorp Corp Enterprise Value account and Operating Margin. At this time, the significance of the direction appears to have strong relationship.
The correlation between Newmont Goldcorp's Enterprise Value and Operating Margin is 0.62. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Operating Margin 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 Enterprise Value and Operating Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Newmont Goldcorp Corp are associated (or correlated) with its Operating Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Margin has no effect on the direction of Enterprise Value i.e., Newmont Goldcorp's Enterprise Value and Operating Margin go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Enterprise Value
Enterprise Value (or EV) is usually referred to as Newmont Goldcorp theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Newmont Goldcorp Corp debt, but would also pocket its cash. Enterprise Value is more accurate representation of Newmont Goldcorp value than its market capitalization because it takes into account all of Newmont Goldcorp Corp existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Operating Profit Margin
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 tightly coupled 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 13th of May 2024, Tax Provision is likely to grow to about 753.3 M, while Selling General Administrative is likely to drop about 217.5 M.
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 fundamental ratios Correlations
Click cells to compare fundamentals
Newmont Goldcorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Newmont Goldcorp 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 | 9.6B | 10.0B | |
Other Current Liab | 1.2B | 1.2B | 1.2B | 2.0B | 2.9B | 3.0B | |
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 | 6.5B | 6.9B | |
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 | 570M | 436M | 498M | 639M | 607M | 323.0M | |
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 | 100M | 657M | 193M | 96M | 2.1B | 2.2B | |
Accounts Payable | 539M | 493M | 518M | 633M | 960M | 1.0B | |
Common Stock | 1.3B | 1.3B | 1.3B | 1.3B | 1.9B | 1.9B | |
Other Liab | 8.4B | 8.1B | 9.9B | 9.9B | 11.4B | 12.0B | |
Other Assets | 2.4B | 28.9B | 7.1B | 7.2B | 8.2B | 4.7B | |
Long Term Debt | 6.1B | 5.5B | 5.6B | 5.6B | 7.0B | 4.3B | |
Short Term Investments | 237M | 290M | 82M | 880M | 23M | 21.9M | |
Property Plant Equipment | 25.3B | 1.7B | 1.8B | 1.7B | 2.0B | 1.9B | |
Current Deferred Revenue | 523M | 1.0B | 770M | 173M | 88M | 83.6M | |
Accumulated Other Comprehensive Income | (265M) | (216M) | (133M) | 29M | 14M | 13.3M | |
Common Stock Total Equity | 1.3B | 1.3B | 1.3B | 1.3B | 1.5B | 935.4M | |
Property Plant And Equipment Gross | 25.3B | 24.3B | 40.1B | 42.2B | 57.6B | 60.5B | |
Net Tangible Assets | 18.8B | 20.3B | 19.3B | 17.4B | 20.0B | 14.9B | |
Noncontrolling Interest In Consolidated Entity | 950M | 837M | (209M) | 179M | 161.1M | 153.0M | |
Retained Earnings Total Equity | 2.3B | 4.0B | 3.1B | 916M | 824.4M | 1.6B | |
Long Term Debt Total | 6.1B | 6.0B | 6.1B | 6.0B | 6.9B | 5.9B | |
Capital Surpluse | 18.2B | 18.1B | 18.0B | 17.4B | 20.0B | 12.6B |
Newmont Goldcorp Investors Sentiment
The influence of Newmont Goldcorp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Newmont. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Newmont Goldcorp's public news can be used to forecast risks associated with an investment in Newmont. The trend in average sentiment can be used to explain how an investor holding Newmont can time the market purely based on public headlines and social activities around Newmont Goldcorp Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Newmont Goldcorp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Newmont Goldcorp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Newmont Goldcorp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Newmont Goldcorp.
Newmont Goldcorp Implied Volatility | 38.04 |
Newmont Goldcorp's implied volatility exposes the market's sentiment of Newmont Goldcorp Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Newmont Goldcorp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Newmont Goldcorp stock will not fluctuate a lot when Newmont Goldcorp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Newmont Goldcorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Newmont Goldcorp's short interest history, or implied volatility extrapolated from Newmont Goldcorp options trading.
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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 (0.66) | Dividend Share 1.3 | Earnings Share (3.27) | Revenue Per Share 14.135 | Quarterly Revenue Growth 0.502 |
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.