Newmont (WBO:NEWM) Other Income (Expense) : €-2,878 Mil (TTM As of Mar. 2024)

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What is Newmont Other Income (Expense)?

Newmont's other income expense for the Newmont's pretax income for the three months ended in Mar. 2024 was €-402 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-2,878 Mil.

Newmont Other Income (Expense) Historical Data

The historical data trend for Newmont's Other Income (Expense) 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 Other Income (Expense) Chart

Newmont Annual Data

Trend

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Dec23

Other Income (Expense)

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2,124.00

300.85

-559.32

-1,422.61

-2,424.55

Newmont Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Expense)	Get a 7-Day Free Trial															51.37	-87.69	-28.11	-2,360.36	-402.04

Newmont Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) 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 €-2,878 Mil.

Newmont (WBO:NEWM) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Newmont (WBO:NEWM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (WBO:NEWM) » Definitions » Other Income (Expense)

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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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