Current Ratio
since 2005
Calculation
Newmont Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.25 | = | 7,512) | ÷ | 5,998) |
| Dec 31, 2022 | 2.23 | = | 6,515) | ÷ | 2,926) |
| Dec 31, 2021 | 2.90 | = | 7,696) | ÷ | 2,654) |
| Dec 31, 2020 | 2.52 | = | 8,505) | ÷ | 3,369) |
| Dec 31, 2019 | 2.63 | = | 6,272) | ÷ | 2,385) |
| Dec 31, 2018 | 2.95 | = | 5,277) | ÷ | 1,787) |
| Dec 31, 2017 | 3.63 | = | 5,066) | ÷ | 1,395) |
| Dec 31, 2016 | 2.67 | = | 4,677) | ÷ | 1,750) |
| Dec 31, 2015 | 3.52 | = | 4,983) | ÷ | 1,416) |
| Dec 31, 2014 | 2.47 | = | 5,439) | ÷ | 2,198) |
| Dec 31, 2013 | 1.78 | = | 4,874) | ÷ | 2,740) |
| Dec 31, 2012 | 1.89 | = | 5,945) | ÷ | 3,141) |
| Dec 31, 2011 | 1.37 | = | 5,388) | ÷ | 3,940) |
| Dec 31, 2010 | 2.64 | = | 7,253) | ÷ | 2,747) |
| Dec 31, 2009 | 2.51 | = | 5,822) | ÷ | 2,320) |
| Dec 31, 2008 | 1.48 | = | 2,361) | ÷ | 1,596) |
| Dec 31, 2007 | 1.78 | = | 2,672) | ÷ | 1,500) |
| Dec 31, 2006 | 1.52 | = | 2,642) | ÷ | 1,739) |
| Dec 31, 2005 | 2.25 | = | 3,036) | ÷ | 1,350) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Newmont Corp., current ratio, long-term trends, comparison to competitors
| Newmont Corp. | Freeport-McMoRan Inc. | |
|---|---|---|
| Dec 31, 2023 | 1.25 | 2.42 |
| Dec 31, 2022 | 2.23 | 2.46 |
| Dec 31, 2021 | 2.90 | 2.52 |
| Dec 31, 2020 | 2.52 | 2.72 |
| Dec 31, 2019 | 2.63 | 2.47 |
| Dec 31, 2018 | 2.95 | 3.22 |
| Dec 31, 2017 | 3.63 | 2.14 |
| Dec 31, 2016 | 2.67 | 2.45 |
| Dec 31, 2015 | 3.52 | 1.73 |
| Dec 31, 2014 | 2.47 | 1.75 |
| Dec 31, 2013 | 1.78 | 2.09 |
| Dec 31, 2012 | 1.89 | 3.08 |
| Dec 31, 2011 | 1.37 | 3.42 |
| Dec 31, 2010 | 2.64 | 2.62 |
| Dec 31, 2009 | 2.51 | 2.48 |
| Dec 31, 2008 | 1.48 | 1.66 |
| Dec 31, 2007 | 1.78 | 1.53 |
| Dec 31, 2006 | 1.52 | 2.21 |
| Dec 31, 2005 | 2.25 | 1.48 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Materials)
Newmont Corp., current ratio, long-term trends, comparison to industry (materials)
| Newmont Corp. | Materials | |
|---|---|---|
| Dec 31, 2023 | 1.25 | 1.24 |
| Dec 31, 2022 | 2.23 | 1.26 |
| Dec 31, 2021 | 2.90 | 1.28 |
| Dec 31, 2020 | 2.52 | 1.18 |
| Dec 31, 2019 | 2.63 | 1.19 |
| Dec 31, 2018 | 2.95 | 1.72 |
| Dec 31, 2017 | 3.63 | 1.69 |
| Dec 31, 2016 | 2.67 | 1.97 |
| Dec 31, 2015 | 3.52 | 1.63 |
| Dec 31, 2014 | 2.47 | 1.55 |
| Dec 31, 2013 | 1.78 | 1.73 |
| Dec 31, 2012 | 1.89 | 2.25 |
| Dec 31, 2011 | 1.37 | 2.31 |
| Dec 31, 2010 | 2.64 | 2.08 |
| Dec 31, 2009 | 2.51 | 2.01 |
| Dec 31, 2008 | 1.48 | 1.23 |
| Dec 31, 2007 | 1.78 | 1.27 |
| Dec 31, 2006 | 1.52 | 1.54 |
| Dec 31, 2005 | 2.25 | 1.23 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).