Newmont (NEMCL) Interest Expenses (2009 - 2019)

Newmont (NEMCL) 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 (NEMCL) 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 Newmont - - 7.29 Bn -

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