Newmont Goldcorp Corp Stock Z Score

NEM Stock

USD 40.66 0.39 0.95%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Newmont Goldcorp Piotroski F Score and Newmont Goldcorp Valuation analysis.

At this time, Newmont Goldcorp's Additional Paid In Capital is very stable compared to the past year. As of the 6th of May 2024, Net Working Capital is likely to grow to about 3 B, while Capital Lease Obligations is likely to drop about 486.9 M. At this time, Newmont Goldcorp's EBIT is very stable compared to the past year. As of the 6th of May 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).

Newmont Goldcorp Corp Company Z Score Analysis

Newmont Goldcorp's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Newmont Z Score 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 Z Score. 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.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Long Term Debt	Short Term Investments	Property Plant Equipment	Current Deferred Revenue	Good Will	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Treasury Stock	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.65	-0.34	0.58	0.99	0.89	0.66	0.92	0.97	0.58	0.21	-0.31	-0.08	0.54	0.77	0.6	0.74	0.73	0.84	0.1	0.32	0.42	0.86	-0.24	0.87
Total Stockholder Equity	0.99		0.56	-0.33	0.53	0.98	0.88	0.64	0.88	0.98	0.5	0.22	-0.37	-0.1	0.62	0.82	0.53	0.8	0.79	0.88	0.16	0.34	0.49	0.9	-0.19	0.9
Net Debt	0.65	0.56		-0.45	0.66	0.67	0.41	0.57	0.8	0.59	0.62	-0.04	0.16	-0.1	0.15	0.22	0.68	0.18	0.27	0.38	-0.15	0.11	-0.26	0.39	-0.6	0.48
Retained Earnings	-0.34	-0.33	-0.45		-0.29	-0.4	-0.04	-0.7	-0.42	-0.5	0.06	0.17	0.34	0.69	-0.23	0.07	0.07	-0.11	-0.37	-0.33	0.01	-0.59	0.13	-0.32	0.8	-0.46
Net Receivables	0.58	0.53	0.66	-0.29		0.57	0.42	0.77	0.77	0.51	0.2	-0.19	-0.04	0.31	0.1	0.23	0.5	0.06	0.08	0.28	0.06	0.12	0.0	0.31	-0.51	0.39
Total Liab	0.99	0.98	0.67	-0.4	0.57		0.86	0.67	0.93	0.98	0.57	0.24	-0.34	-0.15	0.55	0.74	0.6	0.73	0.75	0.84	0.07	0.35	0.39	0.85	-0.29	0.88
Total Current Assets	0.89	0.88	0.41	-0.04	0.42	0.86		0.43	0.76	0.83	0.65	0.26	-0.2	0.14	0.29	0.72	0.49	0.68	0.54	0.63	0.02	0.23	0.59	0.7	0.07	0.66
Short Term Debt	0.66	0.64	0.57	-0.7	0.77	0.67	0.43		0.72	0.71	0.06	-0.25	-0.38	-0.24	0.37	0.27	0.25	0.26	0.42	0.51	0.15	0.3	0.24	0.54	-0.6	0.63
Accounts Payable	0.92	0.88	0.8	-0.42	0.77	0.93	0.76	0.72		0.88	0.55	0.13	-0.21	0.05	0.36	0.57	0.62	0.5	0.51	0.67	0.1	0.37	0.19	0.68	-0.46	0.75
Common Stock	0.97	0.98	0.59	-0.5	0.51	0.98	0.83	0.71	0.88		0.47	0.19	-0.39	-0.25	0.58	0.72	0.45	0.75	0.8	0.86	0.13	0.45	0.42	0.88	-0.32	0.9
Long Term Debt	0.58	0.5	0.62	0.06	0.2	0.57	0.65	0.06	0.55	0.47		0.19	0.25	0.08	-0.04	0.43	0.71	0.43	0.21	0.26	-0.27	-0.04	0.04	0.41	-0.1	0.39
Short Term Investments	0.21	0.22	-0.04	0.17	-0.19	0.24	0.26	-0.25	0.13	0.19	0.19		-0.21	-0.08	0.2	0.41	0.18	0.45	0.34	0.35	0.07	0.16	0.02	0.26	0.18	0.23
Property Plant Equipment	-0.31	-0.37	0.16	0.34	-0.04	-0.34	-0.2	-0.38	-0.21	-0.39	0.25	-0.21		0.37	-0.63	-0.4	-0.02	-0.43	-0.61	-0.58	-0.2	-0.3	-0.64	-0.51	0.03	-0.52
Current Deferred Revenue	-0.08	-0.1	-0.1	0.69	0.31	-0.15	0.14	-0.24	0.05	-0.25	0.08	-0.08	0.37		-0.36	0.02	0.11	-0.24	-0.51	-0.33	0.12	-0.2	0.04	-0.27	0.32	-0.32
Good Will	0.54	0.62	0.15	-0.23	0.1	0.55	0.29	0.37	0.36	0.58	-0.04	0.2	-0.63	-0.36		0.75	0.33	0.74	0.9	0.9	0.22	0.14	0.45	0.81	-0.02	0.78
Net Tangible Assets	0.77	0.82	0.22	0.07	0.23	0.74	0.72	0.27	0.57	0.72	0.43	0.41	-0.4	0.02	0.75		0.55	0.95	0.8	0.87	0.25	0.11	0.53	0.92	0.1	0.85
Long Term Debt Total	0.6	0.53	0.68	0.07	0.5	0.6	0.49	0.25	0.62	0.45	0.71	0.18	-0.02	0.11	0.33	0.55		0.43	0.37	0.48	-0.24	-0.21	0.07	0.51	-0.12	0.51
Capital Surpluse	0.74	0.8	0.18	-0.11	0.06	0.73	0.68	0.26	0.5	0.75	0.43	0.45	-0.43	-0.24	0.74	0.95	0.43		0.87	0.88	0.19	0.22	0.48	0.94	0.02	0.88
Deferred Long Term Liab	0.73	0.79	0.27	-0.37	0.08	0.75	0.54	0.42	0.51	0.8	0.21	0.34	-0.61	-0.51	0.9	0.8	0.37	0.87		0.97	0.16	0.29	0.48	0.91	-0.07	0.89
Long Term Investments	0.84	0.88	0.38	-0.33	0.28	0.84	0.63	0.51	0.67	0.86	0.26	0.35	-0.58	-0.33	0.9	0.87	0.48	0.88	0.97		0.2	0.3	0.48	0.95	-0.12	0.94
Treasury Stock	0.1	0.16	-0.15	0.01	0.06	0.07	0.02	0.15	0.1	0.13	-0.27	0.07	-0.2	0.12	0.22	0.25	-0.24	0.19	0.16	0.2		0.17	0.14	0.18	0.0	0.17
Short Long Term Debt	0.32	0.34	0.11	-0.59	0.12	0.35	0.23	0.3	0.37	0.45	-0.04	0.16	-0.3	-0.2	0.14	0.11	-0.21	0.22	0.29	0.3	0.17		0.08	0.3	-0.41	0.37
Cash And Equivalents	0.42	0.49	-0.26	0.13	0.0	0.39	0.59	0.24	0.19	0.42	0.04	0.02	-0.64	0.04	0.45	0.53	0.07	0.48	0.48	0.48	0.14	0.08		0.49	0.48	0.39
Net Invested Capital	0.86	0.9	0.39	-0.32	0.31	0.85	0.7	0.54	0.68	0.88	0.41	0.26	-0.51	-0.27	0.81	0.92	0.51	0.94	0.91	0.95	0.18	0.3	0.49		-0.2	0.98
Net Working Capital	-0.24	-0.19	-0.6	0.8	-0.51	-0.29	0.07	-0.6	-0.46	-0.32	-0.1	0.18	0.03	0.32	-0.02	0.1	-0.12	0.02	-0.07	-0.12	0.0	-0.41	0.48	-0.2		-0.36
Capital Stock	0.87	0.9	0.48	-0.46	0.39	0.88	0.66	0.63	0.75	0.9	0.39	0.23	-0.52	-0.32	0.78	0.85	0.51	0.88	0.89	0.94	0.17	0.37	0.39	0.98	-0.36

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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Newmont Goldcorp

Based on the company's disclosures, Newmont Goldcorp Corp has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The z score for all United States stocks is 100.0% higher than that of the company.

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
Amundi	2023-12-31	10.7 M
Morgan Stanley - Brokerage Accounts	2023-12-31	10.3 M
Fmr Inc	2023-12-31	9.1 M
Ubs Asset Mgmt Americas Inc	2023-12-31	8.6 M
Amvescap Plc.	2023-12-31	8.3 M
Legal & General Group Plc	2023-12-31	8.2 M
Neuberger Berman Group Llc	2023-12-31	7.9 M
Barclays Plc	2023-12-31	7.8 M
Goldman Sachs Group Inc	2023-12-31	6.8 M
Blackrock Inc	2023-12-31	119.1 M
Vanguard Group Inc	2023-12-31	118.7 M

Newmont Fundamentals

	Return On Equity	-0.11
	Return On Asset	0.0154
	Profit Margin	(0.20) %
	Operating Margin	0.24 %
	Current Valuation	54.18 B
	Shares Outstanding	1.15 B
	Shares Owned By Insiders	0.09 %
	Shares Owned By Institutions	71.96 %
	Number Of Shares Shorted	20.22 M
	Price To Earning	37.91 X
	Price To Book	1.53 X
	Price To Sales	3.77 X
	Revenue	11.78 B
	Gross Profit	4.53 B
	EBITDA	4.29 B
	Net Income	(2.52 B)
	Cash And Equivalents	2.88 B
	Cash Per Share	4.80 X
	Total Debt	9.56 B
	Debt To Equity	0.29 %
	Current Ratio	2.72 X
	Book Value Per Share	25.06 X
	Cash Flow From Operations	2.76 B
	Short Ratio	1.28 X
	Earnings Per Share	(3.27) X
	Price To Earnings To Growth	0.79 X
	Target Price	63.18
	Number Of Employees	21.7 K
	Beta	0.54
	Market Capitalization	46.89 B
	Total Asset	55.51 B
	Retained Earnings	(3 B)
	Working Capital	1.51 B
	Current Asset	4.98 B
	Current Liabilities	1.42 B
	Annual Yield	0.02 %
	Five Year Return	2.03 %
	Net Asset	55.51 B
	Last Dividend Paid	1.3

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.

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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:

How To Invest In Newmont

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Is Newmont Stock a good investment?

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What is Newmont Goldcorp's Net Worth?

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Largest Metals & Mining Companies

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Largest Materials Companies

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Check out Newmont Goldcorp Piotroski F Score and Newmont Goldcorp Valuation 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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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.

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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.

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Newmont Goldcorp Corp Stock Z Score

Newmont Goldcorp Corp Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Newmont Z Score Driver Correlations

Newmont Goldcorp ESG Sustainability

Newmont Goldcorp Institutional Holders

Newmont Fundamentals

About Newmont Goldcorp Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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