Newmont (NEM) Interest Expenses (2009 - 2019)

Newmont (NEM) posted quarterly Interest Expenses of -$269.0 million for Q4 2019, down 1069.57% year-over-year from $27.7 million in Q4 2018, and down 13550.0% on a QoQ basis from $2.0 million in Q3 2019.

Newmont (NEM) Interest Expenses (2009 - 2019) Analysis & Trends

Newmont (NEM) has reported Interest Expenses for 11 consecutive years, with -$269.0 million the latest figure, recorded in 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 came in at -$269.0 million for Q4 2019 at Newmont, down from $2.0 million in the prior quarter.
  • The five-year high for Interest Expenses was $67.0 million in Q2 2019, with the low at -$378.0 million in Q4 2017.
  • Average Interest Expenses over 5 years is -$33.6 million, with a median of $3.0 million recorded in 2015.
  • Across the five-year window, Interest Expenses tumbled 3033.33% in 2015 and soared 267.5% in 2019, its largest moves.
  • Year by year, Interest Expenses stood at -$88.0 million in 2015, then soared by 115.91% to $14.0 million in 2016, then tumbled by 2800.0% to -$378.0 million in 2017, then jumped by 93.92% to -$23.0 million in 2018, then tumbled by 1069.57% to -$269.0 million in 2019.
  • According to Business Quant data, Interest Expenses over the past three periods registered -$269.0 million, $2.0 million, and $67.0 million for Q4 2019, Q3 2019, and Q2 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn -39.00 Mn
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn -
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -762,000.00
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 1.41 Mn
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -2.22 Mn
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn -800,000.00
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn -19.00 Mn
10 Pan American Silver 18.70 Bn 17.09 Bn 608,000.00 -24,000.00

Historic Data

Download Data
DateValue
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