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Newmont Corporation logo

Newmont Corporation (NEM) Quick Ratio

Annual Quick Ratio

1.820.48+35.82%

Summary

As of today, NEM annual quick ratio is 1.82, up +35.82% on
NEM annual quick ratio is up +11.66% over the past 3 years, down -8.54% over the past 5 years
NEM annual quick ratio is currently -31.32% below its historical high of 2.65 set on
NEM annual quick ratio is +124.69% above its 3-year low of 0.81 reached on
NEM annual quick ratio is higher than 59.93% of companies in Basic Materials sector

Quick Ratio Chart

SUGGESTED SERIES

Performance

NEM Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio1.82+35.8%+11.7%-8.5%-16.5%
Quarterly Quick Ratio2.01+15.5%+29.7%+1.0%+52.3%
Price$117.26+70.3%+191.8%+97.9%+101.1%
Annual Current Assets$13.07B+6.4%+100.5%+53.6%+80.2%
Annual Inventory$2.69B+23.1%+53.4%+50.2%+110.9%
Annual Current Liabilities$5.71B-24.3%+95.2%+69.5%+107.9%
Annual Current Ratio2.29+40.5%+2.7%-9.1%-13.3%
Annual Debt To Equity0.17-43.3%-46.9%-43.3%-48.5%
Piotroski F-Score90.0%+200.0%+12.5%+125.0%
Altman Z-Score4.44+79.0%+175.8%+82.7%+48.5%

Quick Ratio Highs

NEM Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.82at high
5Y2.23-18.4%
All2.65-31.3%

Quick Ratio Lows

NEM Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.81+124.7%
5Y0.81+124.7%
All0.12+1416.7%

Quick Ratio History

YearValueChange
1.82+35.8%
1.34+65.4%
0.81-50.3%
1.63-26.9%
2.23+12.1%
1.99+7.0%
1.86-15.8%
2.21-16.6%
2.65+41.0%
1.88-26.8%
2.57+38.9%
1.85+50.4%
1.23-11.5%
1.39+36.3%
1.02-53.2%
2.18+2.8%
2.12+123.2%
0.95-22.1%
1.22+13.0%
1.08-41.0%
1.83-10.7%
2.05-9.3%
2.26+153.9%
YearValueChange
0.89+32.8%
0.67+9.8%
0.61-20.8%
0.77-30.0%
1.10+42.9%
0.77-35.3%
1.19+101.7%
0.59-62.2%
1.56+60.8%
0.97-27.1%
1.33+269.4%
0.36-52.6%
0.76+153.3%
0.30+150.0%
0.12-84.4%
0.77-52.8%
1.63+120.3%
0.74-17.8%
0.90-27.4%
1.24+18.1%
1.05-19.8%
1.31+33.7%
0.98-

FAQ

What is the current annual quick ratio of NEM?
As of today, NEM annual quick ratio is 1.82
What is 1-year change in NEM annual quick ratio?
NEM annual quick ratio is up +35.82% year-over-year
What is 3-year change in NEM annual quick ratio?
NEM annual quick ratio is up +11.66% over the past 3 years
How far is NEM annual quick ratio from its all-time high?
NEM annual quick ratio is currently -31.32% below its historical high of 2.65 set on December 31, 2017
How does NEM annual quick ratio rank versus sector peers?
NEM annual quick ratio is higher than 59.93% of companies in Basic Materials sector
When is NEM next annual earnings release?
As of today, the next annual earnings release for NEM has not been scheduled

Quick Ratio Formula

Quick Ratio =  
Current Assets - Inventory
Current Liabilities

Data Sources & References

  1. NEM Official Website www.newmont.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1164727/000116472726000010/0001164727-26-000010-index.htm
  3. NEM Profile on Yahoo Finance finance.yahoo.com/quote/NEM
  4. NEM Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nem