Return On Equity ratio Analysis of Newmont Goldcorp Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-2.80
Period Ending - Dec-22
Very Poor ROE
-2.20
Growth
-27.44 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-17.67
Most recent Quarter ROE
Period Ending - Mar-24
Poor ROE
0
ROE Analysis of Newmont Goldcorp Corp
| ROE Ratio of Newmont Goldcorp Corp with value of -17.67 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Newmont Goldcorp Corp with value of 0 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
| ROE Ratio of NEM drastically fell by -27.44 % this year. |
| ROE Ratio with value of 13.10 was highest in Year Dec-19 in last Five Years. |
| ROE Ratio of NEM trending down for at least three Years. |
| Latest ROE Ratio with value of -2.80 is lower than Average ROE of 5.14 in last five years. |
| ROE of Newmont Goldcorp Corp is negative because of poor net profit in Trailing Twelve Months ended on Mar-24. |
Other ROE 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 Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Equity of Newmont Goldcorp Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | -2.80 | -2.20 | 5.29 | 12.30 | 13.10 | 3.25 | -0.924 |
| Change | -27.44 % | -141.48 % | -56.94 % | -6.11 % | 303.30 % | 451.50 % | 84.21 % |
FY Chart of Return On Equity of Newmont Goldcorp Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)