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| 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 |