NEMCL
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
NEMCL (NEMCL) - Net Assets
Latest net assets as of September 2025: $33.41 Billion USD
Based on the latest financial reports, NEMCL (NEMCL) 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $33.41 Billion |
| % of Total Assets | 61.09% |
| Annual Growth Rate | 5.97% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 24.32 |
NEMCL - Net Assets Trend (2020–2024)
This chart illustrates how NEMCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NEMCL (2020–2024)
The table below shows the annual net assets of NEMCL from 2020 to 2024.
| 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 | -- |
Equity Component Analysis
This analysis shows how different components contribute to NEMCL'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 133.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $31.25 Billion | 104.41% |
| Total Equity | $29.93 Billion | 100.00% |
NEMCL Competitors by Market Cap
The table below lists competitors of NEMCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VINCI SA
PINK:VCISF
|
$52.29 Billion |
|
The Progressive Corporation
SA:P1GR34
|
$52.48 Billion |
|
Arthur J Gallagher & Co
NYSE:AJG
|
$52.50 Billion |
|
Midea Group Co Ltd
SHE:000333
|
$52.57 Billion |
|
Tokyo Electron Ltd.
PINK:TOELF
|
$52.22 Billion |
|
Fortinet Inc
NASDAQ:FTNT
|
$52.17 Billion |
|
Target Corporation
NYSE:TGT
|
$51.96 Billion |
|
Monster Beverage Corp
NASDAQ:MNST
|
$51.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NEMCL'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.
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 Changes | $-56.00 Million | -0.19% |
| Total Change | $- | 3.10% |
Book Value vs Market Value Analysis
This analysis compares NEMCL'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: 1.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.67x to 1.81x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $28.76 | $48.00 | x |
| 2021-12-31 | $27.81 | $48.00 | x |
| 2022-12-31 | $24.41 | $48.00 | x |
| 2023-12-31 | $25.19 | $48.00 | x |
| 2024-12-31 | $26.56 | $48.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NEMCL 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: 17.92%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.88x
- Recent ROE (11.19%) is above the historical average (3.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 12.30% | 24.61% | 0.28x | 1.80x | $528.20 Million |
| 2021 | 5.29% | 9.54% | 0.30x | 1.84x | $-1.04 Billion |
| 2022 | -2.22% | -3.60% | 0.31x | 1.99x | $-2.36 Billion |
| 2023 | -8.59% | -21.11% | 0.21x | 1.91x | $-5.40 Billion |
| 2024 | 11.19% | 17.92% | 0.33x | 1.88x | $355.20 Million |
Industry Comparison
This section compares NEMCL's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $411,687,235
- Average return on equity (ROE) among peers: -119.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NEMCL (NEMCL) | $33.41 Billion | 12.30% | 0.64x | $52.26 Billion |
| Almadex Minerals Ltd (AAMMF) | $5.73 Million | 6.70% | 0.01x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $10.03 Million | -13.48% | 0.17x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $19.90 Million | -2.53% | 0.04x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $65.44K | -173.09% | 0.37x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $413.79K | -494.09% | 0.29x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $3.67 Billion | 9.39% | 0.50x | $98.30 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $-555.77K | 0.00% | 0.00x | $0.94 |
| Antioquia Gold Inc (AGDXF) | $-702.21K | 0.00% | 0.00x | $1.44 Million |