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Newmont NEM Cash ratio

Cash ratio at other companies

Coeur Mining logo
Coeur MiningCDE
1.8×+1.5×
Freeport-McMoRan Inc. logo
Freeport-McMoRan Inc.FCX
0.7×-0.1×
Southern Copper logo
Southern CopperSCCO
2.5×+0.4×
Hecla Mining logo
Hecla MiningHL
+2.9×
Royal Gold logo
Royal GoldRGLD
-1.6×
MP Materials logo
MP MaterialsMP
3.1×+2.3×

Other financials

Income statement

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Revenue$7.3B+45.8%
Gross profit$5.4B+84.9%
Net income$3.3B+72.5%
EPS (diluted)$3.00+78.6%

Balance sheet

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Cash & equivalents$8.8B+86.3%
Total debt$5.1B-32.3%
Total equity$34.9B+11.8%
Total assets$57.7B+3.9%

Cash flow

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Operating cash flow$3.8B+86.4%
CapEx$641.0M-22.4%
Free cash flow$3.1B+161%

Valuation

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Market cap$110.8B+115%
Enterprise value$107.07B+97.8%
P/E13.1×+2.9×
P/S4.4×+1.8×

Profitability

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Gross margin68.3%+13.9pp
Net margin33.9%+8.1pp
FCF margin37%+15.4pp

Returns & leverage

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Return on equity25.6%+8.7pp
Debt / equity0.1×-0.1×
Current ratio2.4×+0.5×

Where this comes from

Calculated from Newmont’s reported figures.

Based on the most recent quarter.

The official record: Newmont’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Newmont's cash ratio?
Newmont (NEM) reported cash ratio of 1.6× in Q1 2026.
How has Newmont's cash ratio changed year-over-year?
Newmont's cash ratio increased by 82.7% year-over-year, from 0.9× to 1.6×.
What is the long-term trend for Newmont's cash ratio?
Over 5 years (2020 to 2025), Newmont's cash ratio has grown at a -4.3% compound annual growth rate (CAGR), from 1.7× to 1.3×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.