Market Cap : 36.46 B | Enterprise Value : 38.76 B | PE Ratio : 46.40 | PB Ratio : 1.70 |
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Newmont's cash to debt ratio for the quarter that ended in Jun. 2022 was 0.71.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Newmont couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.
The historical rank and industry rank for Newmont's Cash-to-Debt or its related term are showing as below:
During the past 13 years, Newmont's highest Cash to Debt Ratio was 1.47. The lowest was 0.00. And the median was 0.36.
NEM's Cash-to-Debt is ranked worse thanThe historical data trend for Newmont's Cash-to-Debt 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.
For the Gold subindustry, Newmont's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Metals & Mining industry and Basic Materials sector, Newmont's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Newmont's Cash-to-Debt falls into.
This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
Newmont's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:
Cash to Debt Ratio | = | Cash, Cash Equivalents, Marketable Securities | / | Total Debt | ||
= | Cash, Cash Equivalents, Marketable Securities | / | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | |
= | 5074 | / | (193 | + | 6109) | |
= | 0.81 |
Newmont's Cash to Debt Ratio for the quarter that ended in Jun. 2022 is calculated as:
Cash to Debt Ratio | = | Cash, Cash Equivalents, Marketable Securities | / | Total Debt | ||
= | Cash, Cash Equivalents, Marketable Securities | / | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | |
= | 4358 | / | (98 | + | 6075) | |
= | 0.71 |
* 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.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Thank you for viewing the detailed overview of Newmont's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.
Clark Maura J | director | C/O ELIZABETH ARDEN, INC. 2400 SW 145 AVENUE MIRAMAR FL 33027 |
Madero Garza Jose Manuel | director | C/O CONSTELLATION BRANDS, INC. 207 HIGH POINT DRIVE, BUILDING 100 VICTOR NY 14564 |
Nelson Jane | director | 6363 SOUTH FIDDLER'S GREEN CIRCLE GREENWOOD VILLAGE CO 80111 |
Brook Bruce R | director | 6363 SOUTH FIDDLER'S GREEN CIRCLE GREENWOOD VILLAGE CO 80111 |
Awuah Patrick | director | 7900 E LAYTON AVENUE SUITE 700 DENVER CO 80237 |
Medori Rene | director | 6363 S FIDDLERS GREEN CIRCLE GREENWOOD VILLAGE CO 80111 |
Quintana Julio M | director | 3993 W. SAM HOUSTON PARKWAY N. STE. 100 HOUSTON TX 77043 |
Boyce Gregory H | director | 701 MARKET STREET ST. LOUIS MO 63101 |
Story Susan N | director | ONE ENERGY PLACE PENSCOLA FL 32520 |
Tabolt Brian | officer: VP, Controller and CAO | P.O. BOX 4030 NH353 GOLDEN CO 80401 |
Lipson Nancy | officer: EVP & General Counsel | 6363 S FIDDLERS GREEN CIRCLE GREENWOOD VILLAGE CO 80111 |
Cmil Jennifer | officer: EVP, Human Resources | 6363 S FIDDLERS GREEN CIRCLE GREENWOOD VILLAGE CO 80111 |
Gehring Dean | officer: EVP & CTO | 6363 S FIDDLERS GREEN CIRCLE GREENWOOD VILLAGE CO 80111 |
Atkinson Robert D | officer: EVP & COO | 6363 S FIDDLERS GREEN CIRCLE GREENWOOD VILLAGE CO 80111 |
Buese Nancy | officer: EVP & CFO | 1515 ARAPAHOE STREET DENVER CO 80202-2126 |
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