Debt to Equity
since 2005
Calculation
Newmont Corp., debt to equity, long-term trends, calculation
| Debt to equity | = | Debt, finance lease and other financing obligations1 | ÷ | Newmont stockholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.33 | = | 9,436) | ÷ | 29,027) |
| Dec 31, 2022 | 0.32 | = | 6,132) | ÷ | 19,354) |
| Dec 31, 2021 | 0.29 | = | 6,302) | ÷ | 22,022) |
| Dec 31, 2020 | 0.29 | = | 6,702) | ÷ | 23,008) |
| Dec 31, 2019 | 0.32 | = | 6,834) | ÷ | 21,420) |
| Dec 31, 2018 | 0.41 | = | 4,261) | ÷ | 10,502) |
| Dec 31, 2017 | 0.38 | = | 4,065) | ÷ | 10,609) |
| Dec 31, 2016 | 0.43 | = | 4,615) | ÷ | 10,721) |
| Dec 31, 2015 | 0.55 | = | 6,236) | ÷ | 11,350) |
| Dec 31, 2014 | 0.65 | = | 6,646) | ÷ | 10,274) |
| Dec 31, 2013 | 0.66 | = | 6,740) | ÷ | 10,141) |
| Dec 31, 2012 | 0.46 | = | 6,298) | ÷ | 13,773) |
| Dec 31, 2011 | 0.33 | = | 4,313) | ÷ | 12,896) |
| Dec 31, 2010 | 0.33 | = | 4,441) | ÷ | 13,345) |
| Dec 31, 2009 | 0.45 | = | 4,809) | ÷ | 10,703) |
| Dec 31, 2008 | 0.50 | = | 3,542) | ÷ | 7,102) |
| Dec 31, 2007 | 0.39 | = | 2,938) | ÷ | 7,548) |
| Dec 31, 2006 | 0.20 | = | 1,911) | ÷ | 9,337) |
| Dec 31, 2005 | 0.23 | = | 1,929) | ÷ | 8,376) |
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., debt to equity, long-term trends, comparison to competitors
| Newmont Corp. | Freeport-McMoRan Inc. | |
|---|---|---|
| Dec 31, 2023 | 0.33 | 0.56 |
| Dec 31, 2022 | 0.32 | 0.68 |
| Dec 31, 2021 | 0.29 | 0.68 |
| Dec 31, 2020 | 0.29 | 0.95 |
| Dec 31, 2019 | 0.32 | 1.06 |
| Dec 31, 2018 | 0.41 | 1.14 |
| Dec 31, 2017 | 0.38 | 1.64 |
| Dec 31, 2016 | 0.43 | 2.65 |
| Dec 31, 2015 | 0.55 | 2.61 |
| Dec 31, 2014 | 0.65 | 1.04 |
| Dec 31, 2013 | 0.66 | 0.99 |
| Dec 31, 2012 | 0.46 | 0.20 |
| Dec 31, 2011 | 0.33 | 0.23 |
| Dec 31, 2010 | 0.33 | 0.38 |
| Dec 31, 2009 | 0.45 | 0.70 |
| Dec 31, 2008 | 0.50 | 1.27 |
| Dec 31, 2007 | 0.39 | 0.40 |
| Dec 31, 2006 | 0.20 | 0.28 |
| Dec 31, 2005 | 0.23 | 0.68 |
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., debt to equity, long-term trends, comparison to industry (materials)
| Newmont Corp. | Materials | |
|---|---|---|
| Dec 31, 2023 | 0.33 | 0.64 |
| Dec 31, 2022 | 0.32 | 0.67 |
| Dec 31, 2021 | 0.29 | 0.55 |
| Dec 31, 2020 | 0.29 | 0.56 |
| Dec 31, 2019 | 0.32 | 0.52 |
| Dec 31, 2018 | 0.41 | 0.55 |
| Dec 31, 2017 | 0.38 | 1.85 |
| Dec 31, 2016 | 0.43 | 2.12 |
| Dec 31, 2015 | 0.55 | 2.42 |
| Dec 31, 2014 | 0.65 | 1.21 |
| Dec 31, 2013 | 0.66 | 1.07 |
| Dec 31, 2012 | 0.46 | 0.50 |
| Dec 31, 2011 | 0.33 | 0.49 |
| Dec 31, 2010 | 0.33 | 0.57 |
| Dec 31, 2009 | 0.45 | 0.77 |
| Dec 31, 2008 | 0.50 | 1.16 |
| Dec 31, 2007 | 0.39 | 0.49 |
| Dec 31, 2006 | 0.20 | 0.53 |
| Dec 31, 2005 | 0.23 | 0.71 |
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).