Newmont Financial Health

How is Newmont's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NEM's short term assets ($6.3B) exceed its short term liabilities ($2.3B).

Long Term Liabilities: NEM's short term assets ($6.3B) do not cover its long term liabilities ($15.4B).


Debt to Equity History and Analysis

Debt Level: NEM's net debt to equity ratio (8.2%) is considered satisfactory.

Reducing Debt: NEM's debt to equity ratio has reduced from 33% to 26% over the past 5 years.

Debt Coverage: NEM's debt is well covered by operating cash flow (63%).

Interest Coverage: NEM's interest payments on its debt are well covered by EBIT (6.5x coverage).


Balance Sheet


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