Cash Ratio Analysis of Newmont Goldcorp Corp - Deep Dive


Cash Ratio of NEM
Dec-23
0.506
Not Good Cash Ratio
Dec-22
2.70
Good Cash Ratio
Growth
-81.23
%
Cash Ratio Analysis of Newmont Goldcorp Corp
Cash Ratio of NEM drastically fell by -81.23 % this year.
Cash Ratio with value of 2.70 was highest in Year Dec-22 in last Five Years.
Cash Ratio with value of 0.506 was lowest in Year Dec-23 in last Five Years.
Latest Cash Ratio with value of 0.506 is lower than Average Cash Ratio of 1.58 in last five years.
Other Cash Ratio Related Info of NEM that may interest you.
Newmont Goldcorp Corp Overview
CodePricePrevious PricePrice ChangeSector
NEM40.8240.56 0.641 % Gold
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
No Significant Stability
FY - Historical Cash Ratio of Newmont Goldcorp Corp
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.5062.701.911.731.041.932.38
Change-81.23 %41.07 %10.48 %66.42 %-46.06 %-19.02 %48.16 %
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FY Chart of Cash Ratio of Newmont Goldcorp Corp


Note : All Data Generated at the End of Trading Hours (EOD Data)