Altman Z Score Analysis of Newmont Goldcorp Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.0236
Period Ending - Dec-22
Poor Altman Z Score
0.477
Growth
-95.05 %
Latest Altman Z Score
Period Ending - 14-Jun-24
Poor Altman Z Score
1.10
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 151.40 Cr / 5555.70 Cr ) * 1.2 | 0.0327 |
| (Retained Earning / Total Assets ) * 1.4 ( -297.60 Cr / 5555.70 Cr ) * 1.4 | -0.075 |
| (EBIT / Total Assets ) * 3.3 ( -224.10 Cr / 5555.70 Cr ) * 3.3 | -0.133 |
| (Total Revenue / Total Assets ) ( 1105.50 Cr / 5555.70 Cr ) | 0.199 |
| (Market Cap / Total Liabilities ) *.6 ( 4707.12 Cr / 2633.20 Cr ) *.6 | 1.07 |
| Altman Z Score | 1.10 |
Altman Z Score Analysis of Newmont Goldcorp Corp
| Altman Z Score Ratio with value of 0.869 was highest in Year Dec-20 in last Five Years. |
| Altman Z Score Ratio of NEM trending down for at least three Years. |
| Latest Altman Z Score Ratio with value of 0.0236 is lower than Average Altman Z Score of 0.580 in last five years. |
Other Altman Z Score Related Info of NEM that may interest you.
Newmont Goldcorp Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NEM | 40.82 | 40.56 | 0.641 % | Gold |
Defination of Altman Z Score
Altman Z Score is a widely used metric by analysts and investors to analyze companies' financial position. It indicates that the companies' risks were increasing, and they may have been heading towards bankruptcy. It does not only indicate whether companies are moving towards bankruptcy, but it also indicates how financially stable and healthy they are. more ..
Altman Z Score Related Ratios
| PiotroskiFScore | DebtToEquityRatio |
Tsr Stability Index
| No Significant Stability | |
FY - Historical Altman Z Score of Newmont Goldcorp Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.0236 | 0.477 | 0.764 | 0.869 | 0.766 | 0.727 | 0.806 |
| Change | -95.05 % | -37.61 % | -12.07 % | 13.46 % | 5.32 % | -9.81 % | 101.75 % |
FY Chart of Altman Z Score of Newmont Goldcorp Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)