Newmont Goldcorp Corp (NEM) - Net Assets
Based on the latest financial reports, Newmont Goldcorp Corp (NEM) has net assets worth $33.41 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($54.69 Billion) and total liabilities ($21.28 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Newmont Goldcorp Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $33.41 Billion |
| % of Total Assets | 61.09% |
| Annual Growth Rate | 8.18% |
| 5-Year Change | 26.09% |
| 10-Year Change | 110.67% |
| Growth Volatility | 54.01 |
Newmont Goldcorp Corp - Net Assets Trend (1985–2024)
This chart illustrates how Newmont Goldcorp Corp's net assets have evolved over time, based on quarterly financial data. Also explore NEM total asset value for the complete picture of this company's asset base.
Annual Net Assets for Newmont Goldcorp Corp (1985–2024)
The table below shows the annual net assets of Newmont Goldcorp Corp from 1985 to 2024. For live valuation and market cap data, see Newmont Goldcorp Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $30.11 Billion | +3.10% |
| 2023-12-31 | $29.20 Billion | +49.52% |
| 2022-12-31 | $19.53 Billion | -10.65% |
| 2021-12-31 | $21.86 Billion | -8.45% |
| 2020-12-31 | $23.88 Billion | +6.52% |
| 2019-12-31 | $22.42 Billion | +94.73% |
| 2018-12-31 | $11.51 Billion | -0.06% |
| 2017-12-31 | $11.52 Billion | -2.99% |
| 2016-12-31 | $11.87 Billion | -16.92% |
| 2015-12-31 | $14.29 Billion | +9.19% |
| 2014-12-31 | $13.09 Billion | +0.19% |
| 2013-12-31 | $13.06 Billion | -22.92% |
| 2012-12-31 | $16.95 Billion | +7.46% |
| 2011-12-31 | $15.77 Billion | +0.35% |
| 2010-12-31 | $15.72 Billion | +24.60% |
| 2009-12-31 | $12.61 Billion | +77.60% |
| 2008-12-31 | $7.10 Billion | -21.06% |
| 2007-12-31 | $9.00 Billion | -13.78% |
| 2006-12-31 | $10.44 Billion | +12.12% |
| 2005-12-31 | $9.31 Billion | +6.82% |
| 2004-12-31 | $8.71 Billion | +12.68% |
| 2003-12-31 | $7.73 Billion | +33.92% |
| 2002-12-31 | $5.77 Billion | +233.36% |
| 2001-12-31 | $1.73 Billion | +4.69% |
| 2000-12-31 | $1.65 Billion | +4.84% |
| 1999-12-31 | $1.58 Billion | +2.99% |
| 1998-12-31 | $1.53 Billion | -12.91% |
| 1997-12-31 | $1.76 Billion | +55.41% |
| 1996-12-31 | $1.13 Billion | +37.24% |
| 1995-12-31 | $824.90 Million | +9.55% |
| 1994-12-31 | $753.00 Million | +4.41% |
| 1993-12-31 | $721.20 Million | +18.46% |
| 1992-12-31 | $608.80 Million | +122.11% |
| 1991-12-31 | $274.10 Million | +60.95% |
| 1990-12-31 | $170.30 Million | +211.75% |
| 1989-12-31 | $-152.40 Million | +47.77% |
| 1988-12-31 | $-291.80 Million | +36.32% |
| 1987-12-31 | $-458.20 Million | -131.56% |
| 1986-12-31 | $1.45 Billion | +3.40% |
| 1985-12-31 | $1.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newmont Goldcorp Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 227.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.81 Billion | 6.06% |
| Other Comprehensive Income | $-95.00 Million | -0.32% |
| Other Components | $29.53 Billion | 98.67% |
| Total Equity | $29.93 Billion | 100.00% |
Newmont Goldcorp Corp Competitors by Market Cap
The table below lists competitors of Newmont Goldcorp Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HITACHI LTD ADR/10
F:HIAA
|
$119.08 Billion |
|
BP PLC ADR
NYSE:BP
|
$119.34 Billion |
|
BP p.l.c
MX:BPN
|
$121.31 Billion |
|
SAFRAN UNSPONS.ADR 1/4
F:SEJU
|
$121.75 Billion |
|
Bristol-Myers Squibb Company
NYSE:BMY
|
$118.52 Billion |
|
Enbridge Inc
TO:ENB
|
$117.71 Billion |
|
Newmont Corporation
AU:NEM
|
$117.44 Billion |
|
Sony Group Corp
NYSE:SONY
|
$116.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newmont Goldcorp Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,027,000,000 to 29,928,000,000, a change of 901,000,000 (3.1%).
- Net income of 3,348,000,000 contributed positively to equity growth.
- Dividend payments of 1,145,000,000 reduced retained earnings.
- Share repurchases of 1,246,000,000 reduced equity.
- Other comprehensive income decreased equity by 109,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.35 Billion | +11.19% |
| Dividends Paid | $1.15 Billion | -3.83% |
| Share Repurchases | $1.25 Billion | -4.16% |
| Other Comprehensive Income | $-109.00 Million | -0.36% |
| Other Changes | $53.00 Million | +0.18% |
| Total Change | $- | 3.10% |
Book Value vs Market Value Analysis
This analysis compares Newmont Goldcorp Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.17x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.63x to 4.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $19.31 | $108.62 | x |
| 1986-12-31 | $19.10 | $108.62 | x |
| 1987-12-31 | $-5.71 | $108.62 | x |
| 1988-12-31 | $-3.47 | $108.62 | x |
| 1989-12-31 | $-2.38 | $108.62 | x |
| 1990-12-31 | $1.30 | $108.62 | x |
| 1991-12-31 | $2.37 | $108.62 | x |
| 1992-12-31 | $6.15 | $108.62 | x |
| 1993-12-31 | $7.37 | $108.62 | x |
| 1994-12-31 | $8.94 | $108.62 | x |
| 1995-12-31 | $8.60 | $108.62 | x |
| 1996-12-31 | $8.48 | $108.62 | x |
| 1997-12-31 | $10.24 | $108.62 | x |
| 1998-12-31 | $9.04 | $108.62 | x |
| 1999-12-31 | $8.82 | $108.62 | x |
| 2000-12-31 | $7.71 | $108.62 | x |
| 2001-12-31 | $7.66 | $108.62 | x |
| 2002-12-31 | $14.43 | $108.62 | x |
| 2003-12-31 | $17.84 | $108.62 | x |
| 2004-12-31 | $17.76 | $108.62 | x |
| 2005-12-31 | $18.65 | $108.62 | x |
| 2006-12-31 | $20.66 | $108.62 | x |
| 2007-12-31 | $16.70 | $108.62 | x |
| 2008-12-31 | $15.61 | $108.62 | x |
| 2009-12-31 | $21.98 | $108.62 | x |
| 2010-12-31 | $26.69 | $108.62 | x |
| 2011-12-31 | $25.59 | $108.62 | x |
| 2012-12-31 | $27.60 | $108.62 | x |
| 2013-12-31 | $20.35 | $108.62 | x |
| 2014-12-31 | $20.63 | $108.62 | x |
| 2015-12-31 | $22.18 | $108.62 | x |
| 2016-12-31 | $20.18 | $108.62 | x |
| 2017-12-31 | $19.69 | $108.62 | x |
| 2018-12-31 | $19.63 | $108.62 | x |
| 2019-12-31 | $29.06 | $108.62 | x |
| 2020-12-31 | $28.55 | $108.62 | x |
| 2021-12-31 | $27.49 | $108.62 | x |
| 2022-12-31 | $24.34 | $108.62 | x |
| 2023-12-31 | $34.51 | $108.62 | x |
| 2024-12-31 | $26.07 | $108.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newmont Goldcorp Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.19%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.04%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.88x
- Recent ROE (11.19%) is below the historical average (12.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 1.14% | 2.33% | 0.33x | 1.48x | $-124.41 Million |
| 1986 | 4.67% | 17.80% | 0.19x | 1.36x | $-77.39 Million |
| 1987 | 0.00% | 65.68% | 0.26x | 0.00x | $383.42 Million |
| 1988 | 0.00% | 34.97% | 0.38x | 0.00x | $204.08 Million |
| 1989 | 0.00% | 21.63% | 0.45x | 0.00x | $145.86 Million |
| 1990 | 312.59% | 50.12% | 0.72x | 8.68x | $331.64 Million |
| 1991 | 46.82% | 15.14% | 0.76x | 4.06x | $74.16 Million |
| 1992 | 14.95% | 12.88% | 0.50x | 2.30x | $26.14 Million |
| 1993 | 21.15% | 21.00% | 0.53x | 1.88x | $70.21 Million |
| 1994 | 11.30% | 12.74% | 0.36x | 2.46x | $8.75 Million |
| 1995 | 15.16% | 17.70% | 0.36x | 2.39x | $38.31 Million |
| 1996 | 8.30% | 11.07% | 0.37x | 2.03x | $-17.39 Million |
| 1997 | 4.30% | 4.35% | 0.44x | 2.27x | $-90.71 Million |
| 1998 | -27.33% | -27.06% | 0.46x | 2.21x | $-537.35 Million |
| 1999 | 1.71% | 1.77% | 0.41x | 2.33x | $-120.37 Million |
| 2000 | -1.29% | -1.21% | 0.45x | 2.39x | $-165.59 Million |
| 2001 | -1.55% | -1.39% | 0.41x | 2.74x | $-171.10 Million |
| 2002 | 2.92% | 5.76% | 0.27x | 1.87x | $-383.86 Million |
| 2003 | 6.43% | 14.78% | 0.29x | 1.50x | $-263.50 Million |
| 2004 | 6.17% | 11.11% | 0.35x | 1.61x | $-303.77 Million |
| 2005 | 4.30% | 8.27% | 0.31x | 1.67x | $-477.60 Million |
| 2006 | 8.47% | 15.86% | 0.32x | 1.67x | $-142.70 Million |
| 2007 | -24.99% | -33.91% | 0.36x | 2.07x | $-2.64 Billion |
| 2008 | 12.01% | 13.66% | 0.39x | 2.23x | $142.80 Million |
| 2009 | 12.12% | 17.25% | 0.34x | 2.08x | $226.70 Million |
| 2010 | 17.06% | 24.28% | 0.37x | 1.92x | $942.50 Million |
| 2011 | 2.84% | 3.51% | 0.38x | 2.13x | $-923.60 Million |
| 2012 | 13.13% | 18.38% | 0.33x | 2.15x | $431.70 Million |
| 2013 | -24.28% | -29.49% | 0.34x | 2.44x | $-3.48 Billion |
| 2014 | 4.94% | 6.94% | 0.29x | 2.43x | $-519.40 Million |
| 2015 | 1.94% | 3.62% | 0.24x | 2.22x | $-915.00 Million |
| 2016 | -0.25% | -0.40% | 0.32x | 1.96x | $-1.10 Billion |
| 2017 | -1.08% | -1.55% | 0.36x | 1.96x | $-1.17 Billion |
| 2018 | 3.25% | 4.70% | 0.35x | 1.97x | $-709.20 Million |
| 2019 | 13.10% | 28.84% | 0.24x | 1.87x | $663.00 Million |
| 2020 | 12.30% | 24.78% | 0.28x | 1.80x | $528.20 Million |
| 2021 | 5.29% | 9.57% | 0.30x | 1.84x | $-1.04 Billion |
| 2022 | -2.37% | -3.84% | 0.31x | 1.99x | $-2.39 Billion |
| 2023 | -8.69% | -21.41% | 0.21x | 1.91x | $-5.42 Billion |
| 2024 | 11.19% | 18.04% | 0.33x | 1.88x | $355.20 Million |
Industry Comparison
This section compares Newmont Goldcorp Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $196,276,775
- Average return on equity (ROE) among peers: -13.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newmont Goldcorp Corp (NEM) | $33.41 Billion | 1.14% | 0.64x | $118.53 Billion |
| Allied Gold Corporation (AAUC) | $381.03 Million | -54.71% | 1.51x | $1.61 Billion |
| Aura Minerals Inc. Common Shares (AUGO) | $272.27 Million | 15.98% | 1.18x | $6.88 Billion |
| Austin Gold Corp (AUST) | $2.53 Million | -15.85% | 0.02x | $19.03 Million |
| Barrick Mining Corporation (B) | $157.20 Million | 20.74% | 1.48x | $65.04 Billion |
| Blue Gold Limited Class A Ordinary Shares (BGL) | $214.19 Million | 4.07% | 0.10x | $35.22 Million |
| Coeur Mining Inc (CDE) | $183.90 Million | -7.83% | 0.42x | $11.33 Billion |
| Caledonia Mining Corporation (CMCL) | $15.99 Million | -23.59% | 0.32x | $436.67 Million |
| Collective Mining Ltd. (CNL) | $636.16 Million | 23.86% | 2.67x | $1.49 Billion |
| Contango ORE Inc (CTGO) | $7.34 Million | -58.07% | 0.25x | $389.08 Million |
| Dakota Gold Corp. (DC) | $92.15 Million | -36.78% | 0.03x | $718.32 Million |
About Newmont Goldcorp Corp
Newmont Corporation engages in the production and exploration of gold properties. It also explores for copper, silver, zinc, lead, and other metals. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana, and internationally. Newmont Corporation was founded in 1916 a… Read more