Newmont (NEMCL) Interest Coverage Ratio (2009 - 2019)
Newmont (NEMCL) posted Interest Coverage Ratio of 10.93 for Q4 2019, down 14.57% on a QoQ basis from 12.79 in Q3 2019, and down 87.88% year-over-year from 90.2 in Q4 2018.
Analysis
Newmont (NEMCL) Interest Coverage Ratio (2009 - 2019) Analysis & Trends
Newmont has reported Interest Coverage Ratio for 11 years, with the latest figure at 10.93 in Q4 2019.
- On a quarterly basis, Interest Coverage Ratio fell 87.88% year-over-year to 10.93 in Q4 2019; TTM through Dec 2019 was 11.15, a 54.39% decrease from a year earlier, with the FY2019 full-year figure at 14.84, down 20.47% from the prior year.
- Interest Coverage Ratio was 10.93 for Q4 2019 at Newmont, down from 12.79 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 90.2 in Q4 2018, with the low at 63.88 in Q4 2017.
- Average Interest Coverage Ratio over 5 years is 12.57, with a median of 13.01 recorded in 2019.
- The sharpest annual moves came in 2017 and 2019: Interest Coverage Ratio plunged 258.8% in 2017, then surged 486.66% in 2019.
- Over 5 years, Interest Coverage Ratio stood at 29.14 in 2015, then soared by 38.03% to 40.23 in 2016, then slumped by 258.8% to 63.88 in 2017, then soared by 241.19% to 90.2 in 2018, then sank by 87.88% to 10.93 in 2019.
- The last three Interest Coverage Ratio figures came in at 10.93 (Q4 2019), 12.79 (Q3 2019), and 19.62 (Q2 2019), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | - |
| 2 | Barrick Mining | 74.19 Bn | 68.26 Bn | 2.90 Bn | 105.08 |
| 3 | AngloGold Ashanti | 52.70 Bn | 49.74 Bn | 1.70 Bn | - |
| 4 | Alamos Gold | 14.98 Bn | 14.30 Bn | 587.30 Mn | 61.60 |
| 5 | Iamgold | 11.53 Bn | 11.03 Bn | 415.10 Mn | 32.63 |
| 6 | Eldorado Gold | 8.68 Bn | 8.12 Bn | 302.67 Mn | 21.00 |
| 7 | Buenaventura Mining | 8.59 Bn | 7.63 Bn | - | - |
| 8 | Equinox Gold | 7.68 Bn | 7.84 Bn | 428.20 Mn | 10.19 |
| 9 | B2Gold | 7.08 Bn | 7.08 Bn | 308.29 Mn | 33.89 |
| 10 | Centerra Gold | 6.32 Bn | 5.86 Bn | 433.81 Mn | 23.38 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 10.93 |
| Sep 30, 2019 | 12.79 |
| Jun 30, 2019 | 19.62 |
| Mar 31, 2019 | -7.89 |
| Dec 31, 2018 | 90.20 |
| Sep 30, 2018 | 2.83 |
| Jun 30, 2018 | -5.08 |
| Mar 31, 2018 | 13.22 |
| Dec 31, 2017 | -63.88 |
| Sep 30, 2017 | 8.19 |
| Jun 30, 2017 | 10.18 |
| Mar 31, 2017 | -22.16 |
| Dec 31, 2016 | 40.23 |
| Sep 30, 2016 | 12.58 |
| Jun 30, 2016 | 14.54 |
| Mar 31, 2016 | 17.05 |
| Dec 31, 2015 | 29.14 |
| Sep 30, 2015 | 22.21 |
| Jun 30, 2015 | 23.28 |
| Mar 31, 2015 | 23.42 |