Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $41,369 | $40,564 | $38,482 | $55,506 | $56,349 |
Liabilities | $17,490 | $18,703 | $18,949 | $26,301 | $26,240 |
Equity | $23,008 | $22,022 | $19,354 | $29,027 | $29,928 |
Edwyn
Over the last 5 years, NEWMONT CORPORATION has shown a mixed financial performance. Total assets have fluctuated, with a noticeable increase from 2022 to 2024, reaching a peak of 56,349 million USD in 2024. This growth in assets could indicate expansion or increased investment activities by the company. On the other hand, total liabilities have also increased steadily, especially from 2022 to 2024, suggesting that the company has taken on more debt to finance its operations or growth initiatives. Stockholders' equity has shown some volatility, with a significant decrease in 2022 followed by a gradual recovery in the subsequent years. The decrease in equity in 2022 could be attributed to various factors such as losses, dividend payments, or share buybacks. The subsequent recovery indicates that the company has been able to strengthen its financial position. In the context of the industry, fluctuations in commodity prices, operational challenges, or strategic decisions could have influenced these trends. Overall, NEWMONT CORPORATION's financial position appears to be resilient, but close monitoring of debt levels and equity trends is advisable to ensure sustainable growth and financial stability.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.