Wall Street Numbers logo
Wall Street Numbers logo
Wall Street Numbers
Newmont Corporation company logo
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 57.53% 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 Ratio1.93+23.7%+35.9%-2.5%+72.3%
Price$109.09+33.7%+179.6%+97.9%+57.4%
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%+28.6%+80.0%
Altman Z-Score4.17+49.5%+163.9%+80.5%+25.6%

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 57.53% of companies in Basic Materials sector
When is NEM next annual earnings release?
The next annual earnings release for NEM is on

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