Newmont (FRA:NMM) Liabilities-to-Assets : 0.39 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:NMM Newmont Corp FRA:NMM
84 GF Score
Price €101.96
GF Value €68.82
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Newmont Liabilities-to-Assets?

Newmont FRA:NMM +1.72% 84 Liabilities-to-Assets is 0.39 as of Jun. 2026. GuruFocus rates FRA:NMM with a GF Score™ of 84/100 and a GF Value™ of €68.82 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Newmont's Total Liabilities for the quarter that ended in Jun. 2026 was €19,293 Mil. Newmont's Total Assets for the quarter that ended in Jun. 2026 was €50,032 Mil. Therefore, Newmont's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.39.


Newmont  (FRA:NMM) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Newmont Liabilities-to-Assets Related Terms


Newmont Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Newmont's Liabilities-to-Assets 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.

Newmont Liabilities-to-Assets Chart

Newmont Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.49 0.47 0.47 0.40

Newmont Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Liabilities-to-Assets 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 0.42 0.39 0.40 0.39 0.39

FRA:NMM vs AU, RGLD, CDE: Liabilities-to-Assets Comparison

For the Gold subindustry, Newmont's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newmont's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Newmont's Liabilities-to-Assets falls into.


FRA:NMM
84GF Score
Newmont Corp FRA:NMM
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newmont Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Newmont's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=19709.466/48781.334
=0.40

Newmont's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 is calculated as

Liabilities-to-Assets (Q: Jun. 2026 )=Total Liabilities/Total Assets
=19293.036/50032.388
=0.39

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.39 mean?
Newmont (FRA:NMM) has a Liabilities-to-Assets of 0.39 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Newmont and its competitors.
Is Newmont's Liabilities-to-Assets too high?
Newmont's current Liabilities-to-Assets is 0.39. Overall, Newmont has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newmont's Liabilities-to-Assets compare to AU and RGLD?
Newmont's Liabilities-to-Assets of 0.39 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Metals & Mining company?
A good Liabilities-to-Assets depends on the Metals & Mining industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Newmont and its competitors. Newmont's current Liabilities-to-Assets is 0.39. 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 (FRA:NMM) is currently considered Significantly Overvalued. The stock's GF Value™ is €68.82, compared to a current price of €101.96 — trading 48.2% above its estimated fair value. The current Liabilities-to-Assets is 0.39. Newmont's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Newmont (FRA:NMM), the current Liabilities-to-Assets is 0.39 as of Jun. 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 (FRA:NMM) Overvalued in 2026?

Based on GuruFocus' analysis, Newmont stock appears to be overvalued. The current stock price of €101.96 is trading 48.2% above its estimated GF Value™ of €68.82. GuruFocus considers Newmont to be Significantly Overvalued.

Key valuation signals for FRA:NMM:

  • Liabilities-to-Assets: 0.39
  • GF Value™: €68.82 vs. price of €101.96 (48.2% above fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the FRA: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.
84GF Score

Get the complete analysis for FRA:NMM

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

€101.96
Price
€68.82
GF Value