Newmont (WBO:NEWM) Deferred Tax : €-61 Mil (TTM As of Mar. 2024)

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What is Newmont Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Newmont's change in deferred tax for the three months ended in Mar. 2024 was €49 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2024 was €-61 Mil.

Newmont Deferred Tax Historical Data

The historical data trend for Newmont's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Newmont Deferred Tax Chart

Newmont Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Deferred Tax

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300.60

-182.48

-96.47

-262.43

-95.37

Newmont Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Deferred Tax	Get a 7-Day Free Trial															14.01	5.54	-22.49	-92.62	48.76

Newmont Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-61 Mil.

Newmont Deferred Tax Related Terms

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Newmont (WBO:NEWM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (WBO:NEWM) » Definitions » Deferred Tax

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Address

6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237

Website

https://www.newmont.com

Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.

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