What is Newmont's cerro negro — goodwill?

Newmont (NEM) reported cerro negro — goodwill of $0.00 in Q4 2023.

What does cerro negro — goodwill mean?

The intangible asset value representing the premium paid for a business segment over the fair value of its individual assets.

Discontinued — last reported Q4 '23

Business Segments · Goodwill

Cerro Negro — Goodwill

Analysis

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2021

Last reportedQ4 2023

Rolls up toGoodwill impairment

How to read this metric

A decrease often signals an impairment charge, indicating that the original strategic value or growth expectations for the acquisition have not materialized.

Detailed definition

Represents the excess of the purchase price paid for a mining operation over the fair value of its identifiable net asse...

Peer comparison

Standard balance sheet item for companies that have grown through M&A; peers report this as 'Goodwill' under intangible assets.

Metric ID: nem_segment_cerro_negro_goodwill

Historical Data

3 periods

	Q4 '21	Q4 '22	Q4 '23
Value	$459.00M	$0.00	$0.00
QoQ Change	—	-100.0%	—
YoY Change	—	-100.0%	—

Range$0.00 – $459.00M

Avg YoY Growth-100.0%

Median YoY Growth-100.0%

Similar Metrics at Other Companies

CBRE GroupCBRE View metric

Home DepotHD View metric

S&P GlobalSPGI View metric

Bank of New York MellonBK View metric

General MotorsGM View metric

CME GroupCME View metric

Frequently Asked Questions

What is Newmont's cerro negro — goodwill?: Newmont (NEM) reported cerro negro — goodwill of $0.00 in Q4 2023.
What does cerro negro — goodwill mean?: The intangible asset value representing the premium paid for a business segment over the fair value of its individual assets.