Discontinued — last reported Q4 '23

Business Segments · Impairment charges (Note 7)

Yanacocha — Impairment charges (Note 7)

Over 2 years (FY 2021 to FY 2023), Yanacocha — 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 19, 2026

How to read this metric

An increase indicates a reduction in the expected future economic value of the asset, often due to declining commodity prices or operational underperformance, while a decrease suggests asset stability.

Detailed definition

This metric represents the non-cash expense recognized when the carrying value of an asset or asset group within a speci...

Peer comparison

Commonly reported by mining and heavy industry peers as 'Asset Impairment' or 'Write-downs' under GAAP or IFRS standards.

Metric ID: nem_segment_yanacocha_impairment_charges_note_7

Historical Data

3 years
 FY'21FY'22FY'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%

Frequently Asked Questions

What is Newmont's yanacocha — impairment charges (note 7)?
Newmont (NEM) reported yanacocha — impairment charges (note 7) of $0.00 in Q4 2023.
What is the long-term trend for Newmont's yanacocha — impairment charges (note 7)?
Over 2 years (2021 to 2023), Newmont's yanacocha — impairment charges (note 7) has grown at a -100.0% compound annual growth rate (CAGR), from $1.00M to $0.00.
What does yanacocha — impairment charges (note 7) mean?
A non-cash charge taken when the book value of a specific mining asset is determined to be higher than its current fair market value.