Discontinued — last reported Q4 '23
Business Segments · Impairment charges (Note 7)
Akyem — Impairment charges (Note 7)
Over 2 years (FY 2021 to FY 2023), Akyem — Impairment charges (Note 7) shows a downward trend with a -100.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ4 2023Feb 29, 2024
Rolls up toImpairment Charges
How to read this metric
An increase signals deteriorating asset performance or unfavorable changes in long-term commodity price expectations, while a decrease suggests stable or improving asset valuation.
Detailed definition
This metric represents non-cash charges recognized when the carrying value of long-lived assets, such as mining properti...
Peer comparison
Commonly reported by mining peers as 'Asset Impairment' or 'Write-downs of Property, Plant, and Equipment' under GAAP or IFRS standards.
Metric ID:
nem_segment_akyem_impairment_charges_note_7Historical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $1.00M | $0.00 | $0.00 |
| YoY Change | — | -100.0% | — |
Range$0.00 – $1.00M
CAGR-100.0%
Avg YoY Growth-100.0%
Median YoY Growth-100.0%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Newmont's akyem — impairment charges (note 7)?
- Newmont (NEM) reported akyem — impairment charges (note 7) of $0.00 in Q4 2023.
- What is the long-term trend for Newmont's akyem — impairment charges (note 7)?
- Over 2 years (2021 to 2023), Newmont's akyem — impairment charges (note 7) has grown at a -100.0% compound annual growth rate (CAGR), from $1.00M to $0.00.
- What does akyem — impairment charges (note 7) mean?
- A non-cash expense recorded when the book value of mining assets is reduced because they are worth less than previously estimated.