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Newmont NEM Quick ratio

Quick ratio at other companies

Coeur Mining logo
Coeur MiningCDE
2.5×+1.4×
Freeport-McMoRan Inc. logo
Freeport-McMoRan Inc.FCX
2.2×+0.1×
Southern Copper logo
Southern CopperSCCO
3.9×+0.7×
Hecla Mining logo
Hecla MiningHL
4.8×+3.7×
Royal Gold logo
Royal GoldRGLD
3.3×-1.3×
MP Materials logo
MP MaterialsMP
6.8×+2.8×

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 quick ratio?
Newmont (NEM) reported quick ratio of 2.4× in Q1 2026.
How has Newmont's quick ratio changed year-over-year?
Newmont's quick ratio increased by 24.0% year-over-year, from 1.9× to 2.4×.
What is the long-term trend for Newmont's quick ratio?
Over 5 years (2020 to 2025), Newmont's quick ratio has grown at a -2.1% compound annual growth rate (CAGR), from 2.5× to 2.3×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.