Newmont Goldcorp Corp (NEM) - Total Assets
Based on the latest financial reports, Newmont Goldcorp Corp (NEM) holds total assets worth $54.69 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Newmont Goldcorp Corp (NEM) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Newmont Goldcorp Corp - Total Assets Trend (1985–2024)
This chart illustrates how Newmont Goldcorp Corp's total assets have evolved over time, based on quarterly financial data. Explore Newmont Goldcorp Corp strategic investment ratio to see how much of total assets are deployed in long-term investments.
Newmont Goldcorp Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Newmont Goldcorp Corp's total assets of $54.69 Billion consist of 21.8% current assets and 78.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $3.62 Billion | 6.4% |
| Accounts Receivable | $1.06 Billion | 1.9% |
| Inventory | $2.18 Billion | 3.9% |
| Property, Plant & Equipment | $33.55 Billion | 59.5% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $2.66 Billion | 4.7% |
Asset Composition Trend (1985–2024)
This chart illustrates how Newmont Goldcorp Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see NEM company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Newmont Goldcorp Corp's current assets represent 21.8% of total assets in 2024, an increase from 16.5% in 1985.
- Cash Position: Cash and equivalents constituted 6.4% of total assets in 2024, up from 3.1% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is property, plant & equipment at 59.5% of total assets.
Newmont Goldcorp Corp Competitors by Total Assets
Key competitors of Newmont Goldcorp Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Viromed Medical AG
DU:Q11
|
Germany | €339.03 Million |
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$51.48 Billion |
|
Barrick Mining Corporation
NYSE:B
|
USA | $52.76 Billion |
|
Gold Fields Ltd ADR
NYSE:GFI
|
USA | $15.23 Billion |
|
Gold Fields Ltd DRC
BA:GFI
|
Argentina | AR$15.23 Billion |
|
Gold Fields Limited
F:EDG
|
Germany | €15.23 Billion |
|
Northern Star Resources Ltd
AU:NST
|
Australia | AU$20.70 Billion |
|
Evolution Mining Ltd
AU:EVN
|
Australia | AU$10.02 Billion |
Newmont Goldcorp Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.04 | 1.96 | 2.52 |
| Quick Ratio | 1.56 | 1.62 | 1.99 |
| Cash Ratio | 1.11 | 0.47 | 0.00 |
| Working Capital | $5.29 Billion | $6.17 Billion | $5.14 Billion |
Newmont Goldcorp Corp - Advanced Valuation Insights
This section examines the relationship between Newmont Goldcorp Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.13 |
| Latest Market Cap to Assets Ratio | 2.01 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | $56.35 Billion |
| Market Capitalization | $113.26 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Newmont Goldcorp Corp's assets at a significant premium (2.01x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Newmont Goldcorp Corp's assets grew by 1.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Newmont Goldcorp Corp (1985–2024)
The table below shows the annual total assets of Newmont Goldcorp Corp from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $56.35 Billion | +1.52% |
| 2023-12-31 | $55.51 Billion | +44.24% |
| 2022-12-31 | $38.48 Billion | -5.13% |
| 2021-12-31 | $40.56 Billion | -1.95% |
| 2020-12-31 | $41.37 Billion | +3.49% |
| 2019-12-31 | $39.97 Billion | +92.97% |
| 2018-12-31 | $20.71 Billion | +0.33% |
| 2017-12-31 | $20.65 Billion | -1.83% |
| 2016-12-31 | $21.03 Billion | -16.48% |
| 2015-12-31 | $25.18 Billion | +1.07% |
| 2014-12-31 | $24.92 Billion | +0.61% |
| 2013-12-31 | $24.76 Billion | -16.48% |
| 2012-12-31 | $29.65 Billion | +7.92% |
| 2011-12-31 | $27.47 Billion | +7.06% |
| 2010-12-31 | $25.66 Billion | +15.09% |
| 2009-12-31 | $22.30 Billion | +40.79% |
| 2008-12-31 | $15.84 Billion | +1.55% |
| 2007-12-31 | $15.60 Billion | -0.02% |
| 2006-12-31 | $15.60 Billion | +11.50% |
| 2005-12-31 | $13.99 Billion | +9.56% |
| 2004-12-31 | $12.77 Billion | +15.57% |
| 2003-12-31 | $11.05 Billion | +8.82% |
| 2002-12-31 | $10.15 Billion | +149.99% |
| 2001-12-31 | $4.06 Billion | +15.70% |
| 2000-12-31 | $3.51 Billion | +3.76% |
| 1999-12-31 | $3.38 Billion | +6.17% |
| 1998-12-31 | $3.19 Billion | -11.82% |
| 1997-12-31 | $3.61 Billion | +73.66% |
| 1996-12-31 | $2.08 Billion | +17.32% |
| 1995-12-31 | $1.77 Billion | +7.07% |
| 1994-12-31 | $1.66 Billion | +39.64% |
| 1993-12-31 | $1.19 Billion | -2.35% |
| 1992-12-31 | $1.22 Billion | +48.51% |
| 1991-12-31 | $818.10 Million | -13.97% |
| 1990-12-31 | $950.90 Million | -26.95% |
| 1989-12-31 | $1.30 Billion | -1.46% |
| 1988-12-31 | $1.32 Billion | -32.75% |
| 1987-12-31 | $1.96 Billion | -0.87% |
| 1986-12-31 | $1.98 Billion | -4.95% |
| 1985-12-31 | $2.08 Billion | -- |
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