Newmont (NEM) Interest Expenses (2009 - 2016)
Newmont (NEM) posted Interest Expenses of -$86.0 million for Q4 2019, down 17.81% on a QoQ basis from -$73.0 million in Q3 2019, and down 109.76% year-over-year from $881.5 million in Q4 2018.
Newmont (NEM) Interest Expenses (2009 - 2016) Analysis & Trends
Newmont has reported Interest Expenses for 11 years, with the latest figure at -$86.0 million in Q4 2019.
- On a quarterly basis, Interest Expenses fell 109.76% year-over-year to -$86.0 million in Q4 2019; TTM through Dec 2019 was -$264.0 million, a 49.15% decrease from a year earlier, with the FY2019 full-year figure at -$264.0 million, down 49.15% from the prior year.
- Interest Expenses was -$86.0 million for Q4 2019 at Newmont, down from -$73.0 million in the prior quarter.
- The five-year high for Interest Expenses was $31.0 million in Q1 2017, with the low at -$89.0 million in Q3 2017.
- Average Interest Expenses over 5 years is -$47.6 million, with a median of -$43.0 million recorded in 2015.
- The sharpest annual moves came in 2017 and 2018: Interest Expenses jumped 179.49% in 2017, then sank 274.19% in 2018.
- Over 5 years, Interest Expenses stood at -$42.0 million in 2015, then declined by 4.76% to -$44.0 million in 2016, then fell by 15.91% to -$51.0 million in 2017, then increased by 19.61% to -$41.0 million in 2018, then sank by 109.76% to -$86.0 million in 2019.
- The last three Interest Expenses figures came in at -$86.0 million (Q4 2019), -$73.0 million (Q3 2019), and -$69.0 million (Q2 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | - |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | -50.43 Mn |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | 16.04 Mn |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | -26.00 Mn |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 36.00 Mn |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | -136.00 Mn |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | -5.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2016 | 2.00 Mn |
| Mar 31, 2013 | 65.00 Mn |
| Dec 31, 2012 | 59.00 Mn |
| Sep 30, 2012 | 67.00 Mn |
| Jun 30, 2012 | 71.00 Mn |
| Mar 31, 2012 | 52.00 Mn |
| Dec 31, 2011 | 51.00 Mn |
| Sep 30, 2011 | 65.00 Mn |
| Jun 30, 2011 | 63.00 Mn |
| Mar 31, 2011 | 65.00 Mn |
| Dec 31, 2010 | 69.00 Mn |
| Sep 30, 2010 | 66.00 Mn |
| Jun 30, 2010 | 69.00 Mn |
| Mar 31, 2010 | 75.00 Mn |
| Dec 31, 2009 | 55.00 Mn |
| Sep 30, 2009 | 10.00 Mn |
| Jun 30, 2009 | 23.00 Mn |
| Mar 31, 2009 | 32.00 Mn |
Newmont Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=NEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "NEM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=NEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();