Newmont Goldcorp Corp Stock Total Asset

NEM Stock  USD 40.66  0.39  0.95%   
Newmont Goldcorp Corp fundamentals help investors to digest information that contributes to Newmont Goldcorp's financial success or failures. It also enables traders to predict the movement of Newmont Stock. The fundamental analysis module provides a way to measure Newmont Goldcorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Newmont Goldcorp stock.
Last ReportedProjected for Next Year
Total Assets55.5 B58.3 B
Intangibles To Total Assets 0.05  0.10 
As of the 6th of May 2024, Total Assets is likely to grow to about 58.3 B. Also, Intangibles To Total Assets is likely to grow to 0.10.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Newmont Goldcorp Corp Company Total Asset Analysis

Newmont Goldcorp's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Newmont Goldcorp Total Asset

    
  55.51 B  
Most of Newmont Goldcorp's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Newmont Goldcorp Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Newmont Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Newmont Goldcorp is extremely important. It helps to project a fair market value of Newmont Stock properly, considering its historical fundamentals such as Total Asset. Since Newmont Goldcorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Newmont Goldcorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Newmont Goldcorp's interrelated accounts and indicators.
0.990.65-0.340.580.990.890.660.920.970.580.21-0.31-0.080.540.770.60.740.730.840.10.320.420.86-0.240.87
0.990.56-0.330.530.980.880.640.880.980.50.22-0.37-0.10.620.820.530.80.790.880.160.340.490.9-0.190.9
0.650.56-0.450.660.670.410.570.80.590.62-0.040.16-0.10.150.220.680.180.270.38-0.150.11-0.260.39-0.60.48
-0.34-0.33-0.45-0.29-0.4-0.04-0.7-0.42-0.50.060.170.340.69-0.230.070.07-0.11-0.37-0.330.01-0.590.13-0.320.8-0.46
0.580.530.66-0.290.570.420.770.770.510.2-0.19-0.040.310.10.230.50.060.080.280.060.120.00.31-0.510.39
0.990.980.67-0.40.570.860.670.930.980.570.24-0.34-0.150.550.740.60.730.750.840.070.350.390.85-0.290.88
0.890.880.41-0.040.420.860.430.760.830.650.26-0.20.140.290.720.490.680.540.630.020.230.590.70.070.66
0.660.640.57-0.70.770.670.430.720.710.06-0.25-0.38-0.240.370.270.250.260.420.510.150.30.240.54-0.60.63
0.920.880.8-0.420.770.930.760.720.880.550.13-0.210.050.360.570.620.50.510.670.10.370.190.68-0.460.75
0.970.980.59-0.50.510.980.830.710.880.470.19-0.39-0.250.580.720.450.750.80.860.130.450.420.88-0.320.9
0.580.50.620.060.20.570.650.060.550.470.190.250.08-0.040.430.710.430.210.26-0.27-0.040.040.41-0.10.39
0.210.22-0.040.17-0.190.240.26-0.250.130.190.19-0.21-0.080.20.410.180.450.340.350.070.160.020.260.180.23
-0.31-0.370.160.34-0.04-0.34-0.2-0.38-0.21-0.390.25-0.210.37-0.63-0.4-0.02-0.43-0.61-0.58-0.2-0.3-0.64-0.510.03-0.52
-0.08-0.1-0.10.690.31-0.150.14-0.240.05-0.250.08-0.080.37-0.360.020.11-0.24-0.51-0.330.12-0.20.04-0.270.32-0.32
0.540.620.15-0.230.10.550.290.370.360.58-0.040.2-0.63-0.360.750.330.740.90.90.220.140.450.81-0.020.78
0.770.820.220.070.230.740.720.270.570.720.430.41-0.40.020.750.550.950.80.870.250.110.530.920.10.85
0.60.530.680.070.50.60.490.250.620.450.710.18-0.020.110.330.550.430.370.48-0.24-0.210.070.51-0.120.51
0.740.80.18-0.110.060.730.680.260.50.750.430.45-0.43-0.240.740.950.430.870.880.190.220.480.940.020.88
0.730.790.27-0.370.080.750.540.420.510.80.210.34-0.61-0.510.90.80.370.870.970.160.290.480.91-0.070.89
0.840.880.38-0.330.280.840.630.510.670.860.260.35-0.58-0.330.90.870.480.880.970.20.30.480.95-0.120.94
0.10.16-0.150.010.060.070.020.150.10.13-0.270.07-0.20.120.220.25-0.240.190.160.20.170.140.180.00.17
0.320.340.11-0.590.120.350.230.30.370.45-0.040.16-0.3-0.20.140.11-0.210.220.290.30.170.080.3-0.410.37
0.420.49-0.260.130.00.390.590.240.190.420.040.02-0.640.040.450.530.070.480.480.480.140.080.490.480.39
0.860.90.39-0.320.310.850.70.540.680.880.410.26-0.51-0.270.810.920.510.940.910.950.180.30.49-0.20.98
-0.24-0.19-0.60.8-0.51-0.290.07-0.6-0.46-0.32-0.10.180.030.32-0.020.1-0.120.02-0.07-0.120.0-0.410.48-0.2-0.36
0.870.90.48-0.460.390.880.660.630.750.90.390.23-0.52-0.320.780.850.510.880.890.940.170.370.390.98-0.36
Click cells to compare fundamentals

Newmont Total Asset Historical Pattern

Today, most investors in Newmont Goldcorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Newmont Goldcorp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Newmont Goldcorp total asset as a starting point in their analysis.
   Newmont Goldcorp Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Newmont Total Assets

Total Assets

58.28 Billion

At this time, Newmont Goldcorp's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Newmont Goldcorp Corp has a Total Asset of 55.51 B. This is 218.32% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The total asset for all United States stocks is 88.37% lower than that of the firm.

Newmont Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Newmont Goldcorp's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Newmont Goldcorp could also be used in its relative valuation, which is a method of valuing Newmont Goldcorp by comparing valuation metrics of similar companies.
Newmont Goldcorp is currently under evaluation in total asset category among related companies.

Newmont Goldcorp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Newmont Goldcorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Newmont Goldcorp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Newmont Goldcorp Institutional Holders

Institutional Holdings refers to the ownership stake in Newmont Goldcorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Newmont Goldcorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Newmont Goldcorp's value.
Shares
Amundi2023-12-31
10.7 M
Morgan Stanley - Brokerage Accounts2023-12-31
10.3 M
Fmr Inc2023-12-31
9.1 M
Ubs Asset Mgmt Americas Inc2023-12-31
8.6 M
Amvescap Plc.2023-12-31
8.3 M
Legal & General Group Plc2023-12-31
8.2 M
Neuberger Berman Group Llc2023-12-31
7.9 M
Barclays Plc2023-12-31
7.8 M
Goldman Sachs Group Inc2023-12-31
6.8 M
Blackrock Inc2023-12-31
119.1 M
Vanguard Group Inc2023-12-31
118.7 M

Newmont Fundamentals

About Newmont Goldcorp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Newmont Goldcorp Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newmont Goldcorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newmont Goldcorp Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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 Architect
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 Newmont Goldcorp Piotroski F Score and Newmont Goldcorp Altman Z Score analysis.
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 Transaction History module to view history of all your transactions and understand their impact on performance.

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.
Transaction History
View history of all your transactions and understand their impact on performance
Equity Valuation
Check real value of public entities based on technical and fundamental data
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
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.