Stock Analysis on Net

Newmont Corp. (NYSE:NEM)

$22.49

This company has been moved to the archive! The financial data has not been updated since April 29, 2024.

Common-Size Balance Sheet: Assets

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Apple Pay Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Newmont Corp., common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents
Time deposits and other investments
Trade receivables
Inventories
Stockpiles and ore on leach pads
Other receivables
Derivative assets
Other current assets
Current assets held for sale
Current assets
Property, plant and mine development, net
Investments
Stockpiles and ore on leach pads
Deferred income tax assets
Goodwill
Derivative assets
Other non-current assets
Non-current assets
Total assets

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).


Cash and Cash Equivalents
The proportion of cash and cash equivalents as a percentage of total assets increased significantly from 5.61% in 2019 to a peak of 13.39% in 2020. It then gradually decreased over the following years, reaching 5.41% by the end of 2023.
Time Deposits and Other Investments
This component remained relatively low throughout the period. There was a minor increase from 0.59% in 2019 to 0.7% in 2020, followed by a decline to 0.2% in 2021. A notable rise occurred in 2022 to 2.29%, but this sharply dropped again to 0.04% in 2023.
Trade Receivables
Trade receivables showed a slight upward trend overall, starting at 0.93% in 2019 and ending at 1.32% in 2023. The values fluctuated moderately during the intermediate years.
Inventories
The inventory levels as a percentage of total assets remained fairly stable between 2.29% and 2.54% from 2019 to 2022, before rising to 3% in 2023, indicating an increase in inventory holdings relative to total assets.
Stockpiles and Ore on Leach Pads (Current and Non-Current)
This category is presented in two rows. For the current asset portion, it decreased steadily from 2.03% in 2019 to 1.76% in 2023. Conversely, the non-current portion increased from 3.71% in 2019 to a peak of 4.46% in 2022, followed by a decline to 3.49% in 2023.
Other Receivables
Data was available only for 2022 and 2023, with a slight increase from 0.84% to 0.89%, suggesting stable growth in this asset class.
Derivative Assets
No data was present until 2022, when these assets appeared at 0.03%, increasing substantially to 0.36% in 2023 for current assets, with a similar upward trend noted in non-current derivatives, rising from 0.51% to 0.8% over the same period.
Other Current Assets
Other current assets decreased from 1.43% in 2019 to 0.76% in 2023, showing a consistent downward trend across the period.
Current Assets
Current assets as a whole peaked at 20.56% in 2020 from 15.69% in 2019 but then steadily declined to 13.53% in 2023, indicating a reduction in short-term asset composition relative to total assets.
Property, Plant, and Mine Development, Net
This category dominated the asset structure, fluctuating moderately between 58.69% and 67.67%. After a dip in 2020 to 58.69%, it increased to 67.67% by 2023, highlighting an increasing emphasis on long-term tangible asset investment.
Investments
Investment holdings remained relatively constant, fluctuating slightly around 7.5% to 8.5% throughout the five-year period, with no clear upward or downward trend.
Deferred Income Tax Assets
These assets steadily declined from 1.37% in 2019 to 0.48% in 2023, indicating a consistent reduction in deferred tax-related assets.
Goodwill
Goodwill as a percentage of total assets was relatively stable around 6.7% from 2019 to 2021, before decreasing to 5.12% in 2022 and slightly rebounding to 5.41% in 2023, suggesting some impairment or revaluation events during the period.
Other Non-Current Assets
This asset category showed slight variability, peaking at 1.69% in 2021 before decreasing to 1.15% in 2023, consistent with minor fluctuations in non-current miscellaneous assets.
Non-Current Assets
Non-current assets comprised the majority of total assets, declining from 84.31% in 2019 to 79.44% in 2020, then increasing steadily to 86.47% by 2023, underscoring a progressive shift toward long-term asset composition.
Total Assets
The total assets are normalized to 100% each year, providing a basis for relative comparison among the different asset categories over time.