Newmont (NEM) Interest Expenses (2009 - 2019)
Newmont (NEM) recorded quarterly Interest Expenses of -$269.0 million in Q4 2019, down 13550.0% quarter-over-quarter from $2.0 million in Q3 2019, and down 1069.57% on a YoY basis from $27.7 million in Q4 2018.
Newmont (NEM) Interest Expenses (2009 - 2019) Analysis & Trends
Newmont's Interest Expenses history runs 11 years deep, the most recent figure standing at -$269.0 million for Q4 2019.
- In Q4 2019, Interest Expenses fell 1069.57% year-over-year to -$269.0 million; the TTM figure through Sep 2020 stood at -$269.0 million (down 672.34% YoY), while the FY2019 annual figure was -$264.0 million, down 4500.0% from the prior year.
- Interest Expenses was -$269.0 million for Q4 2019 at Newmont, down from $2.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $67.0 million in Q2 2019 to a low of -$378.0 million in Q4 2017.
- Historically, Interest Expenses has averaged -$33.6 million across 5 years, with a median of $3.0 million in 2015.
- The sharpest annual moves came in 2015 and 2019: Interest Expenses slumped 3033.33% in 2015, then soared 267.5% in 2019.
- A 5-year view of Interest Expenses shows it stood at -$88.0 million in 2015, then soared by 115.91% to $14.0 million in 2016, then slumped by 2800.0% to -$378.0 million in 2017, then jumped by 93.92% to -$23.0 million in 2018, then slumped by 1069.57% to -$269.0 million in 2019.
- The last three Interest Expenses figures came in at -$269.0 million (Q4 2019), $2.0 million (Q3 2019), and $67.0 million (Q2 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | 9,479.67 |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 39.00 Mn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 1.41 Mn |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | - |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | -19.00 Mn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | - |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | 32.13 Mn |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | - |
| 10 | Aura Minerals | 44.23 Bn | 43.94 Bn | 19.58 Mn | -2.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | -269.00 Mn |
| Dec 31, 2019 | -269.00 Mn |
| Sep 30, 2019 | 2.00 Mn |
| Sep 30, 2019 | 2.00 Mn |
| Jun 30, 2019 | 67.00 Mn |
| Jun 30, 2019 | 67.00 Mn |
| Mar 31, 2019 | 1.00 Mn |
| Mar 31, 2019 | 1.00 Mn |
| Dec 31, 2018 | -23.00 Mn |
| Dec 31, 2018 | -23.00 Mn |
| Sep 30, 2018 | 10.00 Mn |
| Sep 30, 2018 | 10.00 Mn |
| Jun 30, 2018 | -40.00 Mn |
| Jun 30, 2018 | -40.00 Mn |
| Mar 31, 2018 | -54.00 Mn |
| Mar 31, 2018 | -54.00 Mn |
| Dec 31, 2017 | -378.00 Mn |
| Dec 31, 2017 | -378.00 Mn |
| Sep 30, 2017 | 11.00 Mn |
| Sep 30, 2017 | 11.00 Mn |