Analysis of Geographic Areas
Newmont Corp. operates in 4 regions: Australia; United States; Mexico; and Other.
Area Asset Turnover
Newmont Corp., asset turnover by geographic area
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Australia | 0.04 | 0.00 | — | — | — |
| United States | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 |
| Mexico | 0.06 | 0.13 | 0.13 | 0.06 | 0.03 |
| Other | 0.58 | 1.03 | 0.84 | 0.83 | 0.63 |
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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Australia | Australia area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
| United States | United States area asset turnover ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. | |
| Mexico | Mexico area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. | |
| Other | Other area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Area Asset Turnover: Australia
Newmont Corp.; Australia; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues from sales | 376) | 7) | —) | —) | —) |
| Long-lived assets | 9,373) | 3,374) | —) | —) | —) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.04 | 0.00 | — | — | — |
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).
1 2023 Calculation
Area asset turnover = Revenues from sales ÷ Long-lived assets
= 376 ÷ 9,373 = 0.04
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Australia | Australia area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: United States
Newmont Corp.; United States; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues from sales | 48) | 24) | 62) | 97) | 78) |
| Long-lived assets | 7,011) | 6,928) | 7,462) | 7,631) | 8,357) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 |
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).
1 2023 Calculation
Area asset turnover = Revenues from sales ÷ Long-lived assets
= 48 ÷ 7,011 = 0.01
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. |
Area Asset Turnover: Mexico
Newmont Corp.; Mexico; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues from sales | 240) | 604) | 642) | 277) | 190) |
| Long-lived assets | 4,119) | 4,644) | 4,795) | 5,032) | 6,482) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.06 | 0.13 | 0.13 | 0.06 | 0.03 |
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).
1 2023 Calculation
Area asset turnover = Revenues from sales ÷ Long-lived assets
= 240 ÷ 4,119 = 0.06
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Mexico | Mexico area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: Other
Newmont Corp.; Other; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues from sales | 11,148) | 11,280) | 11,518) | 11,123) | 9,472) |
| Long-lived assets | 19,075) | 10,941) | 13,754) | 13,420) | 14,956) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.58 | 1.03 | 0.84 | 0.83 | 0.63 |
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).
1 2023 Calculation
Area asset turnover = Revenues from sales ÷ Long-lived assets
= 11,148 ÷ 19,075 = 0.58
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other | Other area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Long-lived assets
Newmont Corp., long-lived assets by geographic area
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Australia | 9,373) | 3,374) | —) | —) | —) |
| United States | 7,011) | 6,928) | 7,462) | 7,631) | 8,357) |
| Mexico | 4,119) | 4,644) | 4,795) | 5,032) | 6,482) |
| Other | 19,075) | 10,941) | 13,754) | 13,420) | 14,956) |
| Total | 39,578) | 25,887) | 26,011) | 26,083) | 29,795) |
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).
Revenues from sales
Newmont Corp., revenues from sales by geographic area
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Australia | 376) | 7) | —) | —) | —) |
| United States | 48) | 24) | 62) | 97) | 78) |
| Mexico | 240) | 604) | 642) | 277) | 190) |
| Other | 11,148) | 11,280) | 11,518) | 11,123) | 9,472) |
| Total | 11,812) | 11,915) | 12,222) | 11,497) | 9,740) |
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).