Newmont (XTER:NMM) Interest Coverage: 115.00 (As of Mar. 2026) — 1694% Above Median


XTER:NMM Newmont Corp XTER:NMM
87 GF Score
Price €85.26
GF Value €64.38
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Newmont Interest Coverage?

Newmont XTER:NMM +1.34% 87 Interest Coverage is 115.00 as of Mar. 2026, which is 1694% above its 10-year median of 6.41. GuruFocus rates XTER:NMM with a GF Score™ of 87/100 and a GF Value™ of €64.38 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,317 Metals & Mining companies, Newmont ranks worse than 66.36% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Newmont's Operating Income for the three months ended in Mar. 2026 was €3,880 Mil. Newmont's Interest Expense for the three months ended in Mar. 2026 was €-34 Mil. Newmont's interest coverage for the quarter that ended in Mar. 2026 was 115.00. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Newmont's Interest Coverage or its related term are showing as below:

XTER:NMM' s Interest Coverage Range Over the Past 10 Years
Min: 2.91   Med: 6.41   Max: 71.39
Current: 71.39


XTER:NMM's Interest Coverage is ranked worse than
66.36% of 1317 companies
in the Metals & Mining industry
Industry Median: No Debt vs XTER:NMM: 71.39

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Newmont  (XTER:NMM) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Newmont Interest Coverage Related Terms


Newmont Interest Coverage Historical Data

* Premium members only.

The historical data trend for Newmont's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Newmont Interest Coverage Chart

Newmont Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.28 7.07 2.91 15.76 48.14

Newmont Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.52 37.18 50.31 120.42 115.00

XTER:NMM vs AU, CDE, RGLD: Interest Coverage Comparison

For the Gold subindustry, Newmont's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Newmont Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newmont's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Newmont's Interest Coverage falls into.


XTER:NMM
87GF Score
Newmont Corp XTER:NMM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newmont Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Newmont's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Newmont's Interest Expense was €-196 Mil. Its Operating Income was €9,414 Mil. And its Long-Term Debt & Capital Lease Obligation was €4,672 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*9413.642/-195.566
=48.14

Newmont's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Newmont's Interest Expense was €-34 Mil. Its Operating Income was €3,880 Mil. And its Long-Term Debt & Capital Lease Obligation was €4,685 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3879.525/-33.735
=115.00

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 115.00 mean?
Newmont (XTER:NMM) has a Interest Coverage of 115.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Newmont and its competitors. This is 1694% above median its historical median of 6.41. Over the past decade, Newmont's Interest Coverage has ranged from 2.91 to 71.39. According to the industry distribution chart, Newmont ranks #874 out of 1317 companies in the Metals & Mining industry, placing it in the top 66.4%.
Is Newmont's Interest Coverage too high?
Newmont's current Interest Coverage of 115.00 is 1694% above median its 10-year median of 6.41. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 71.39. The Metals & Mining industry median Interest Coverage is 10,000.00. Newmont's value of 115.00 is 98.9% below this industry median. Based on the distribution chart, Newmont ranks #874 out of 1317 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Newmont has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newmont's Interest Coverage compare to AU and CDE?
According to the Metals & Mining industry distribution chart, Newmont ranks #874 out of 1317 companies for Interest Coverage. This places Newmont in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Newmont's value of 115.00 is 98.9% below this benchmark. Historically, Newmont's own Interest Coverage has ranged from 2.91 to 71.39 over the past decade. While the company's 10-year median is 6.41 vs. the industry median of 10,000.00, Newmont has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,317 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Newmont's current Interest Coverage of 115.00 is 98.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Newmont and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newmont's current Interest Coverage is 115.00, which is 1694% above median its own 10-year median of 6.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmont stock overvalued right now?
Based on GuruFocus' analysis, Newmont (XTER:NMM) is currently considered Significantly Overvalued. The stock's GF Value™ is €64.38, compared to a current price of €85.26 — trading 32.4% above its estimated fair value. The current Interest Coverage is 115.00, which is 1694% above median its 10-year median of 6.41 and 98.9% below the Metals & Mining industry median of 10,000.00. Newmont's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Newmont (XTER:NMM), the current Interest Coverage is 115.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Newmont (XTER:NMM) Overvalued in 2026?

Based on GuruFocus' analysis, Newmont stock appears to be overvalued. The current stock price of €85.26 is trading 32.4% above its estimated GF Value™ of €64.38. GuruFocus considers Newmont to be Significantly Overvalued.

Key valuation signals for XTER:NMM:

  • Interest Coverage: 115.00 (1694% above median its 10-year median of 6.41)
  • GF Value™: €64.38 vs. price of €85.26 (32.4% above fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 98.9% below the Metals & Mining median (#874 of 1317)

No single metric tells the full story. See the XTER:NMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Newmont Business Description

Address 6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237
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 11 mines and interests in two joint ventures in the Americas, Africa, Australia, and Papua New Guinea. The company is expected to sell roughly 5.3 million ounces of gold in 2026 from its continuing mines after selling six higher-cost, smaller mines following the Newcrest acquisition. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves, along with significant byproduct reserves at the end of December 2025.
87GF Score

Get the complete analysis for XTER:NMM

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€85.26
Price
€64.38
GF Value