Newmont Corporation (NEM) Current Ratio: 2.29
Is Newmont Corporation’s current ratio high or low?
Newmont Corporation's current ratio of 2.29 is in line with its 5-year average of 2.14, around the middle of its 5-year range (1.25–2.90).
The current ratio for Newmont Corporation (NEM) is 2.29 as of Wednesday, June 10, 2026. It is above its 12-month average by 16.84% (1.96).
NEM Current Ratio Chart
NEM Average Current Ratio Chart
NEM Current vs Average Current Ratio Chart
NEM Current Ratio Metrics
CURRENT RATIO
2.29
CURRENT RATIO AVG TTM
1.96
CURRENT RATIO AVG 3Y
1.85
CURRENT RATIO AVG 5Y
2.14
CURRENT RATIO AVG 10Y
2.56
CURRENT RATIO AVG 15Y
2.40
CURRENT RATIO AVG 20Y
2.28
CURRENT VS TTM AVG
+16.84%
CURRENT VS 3Y AVG
+23.78%
CURRENT VS 5Y AVG
+7.18%
CURRENT VS 10Y AVG
-10.71%
CURRENT VS 15Y AVG
-4.48%
CURRENT VS 20Y AVG
+0.40%
NEM Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newmont Corporation (NEM) | — | 2.29 | 1.96 | 1.85 | 2.14 |
| Freeport-McMoRan Inc. (FCX) | $89.24B | 2.29 | 2.35 | 2.40 | 2.47 |
| The Sherwin-Williams Company (SHW) | $74.96B | 0.87 | 0.83 | 0.87 | 0.89 |
| Ecolab Inc. (ECL) | $72.33B | 1.08 | 1.17 | 1.24 | 1.33 |
| Air Products and Chemicals, Inc. (APD) | $61.57B | 1.38 | 1.45 | 1.51 | 2.10 |
| Nucor Corporation (NUE) | $57.05B | 2.94 | 2.72 | 3.10 | 3.08 |
| Vulcan Materials Company (VMC) | $35.38B | 2.69 | 2.26 | 2.42 | 2.34 |
| DuPont de Nemours, Inc. (DD) | $18.47B | 2.42 | 1.88 | 2.30 | 2.41 |
| Alcoa Corporation (AA) | $17.30B | 1.44 | 1.44 | 1.52 | 1.55 |
| United States Steel Corporation (X) | $12.42B | 1.55 | 1.66 | 1.79 | 1.71 |
Liquidity Analysis
Current Ratio
2.29
Quick Ratio
1.82
Newmont Corporation Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Newmont Corporation Current Ratio FAQ
- What is the current ratio for Newmont Corporation (NEM)?
- The current ratio for NEM stock is 2.29.
- Is Newmont Corporation's current ratio high or low?
- Newmont Corporation's current ratio of 2.29 is in line with its 5-year average of 2.14, around the middle of its 5-year range (1.25–2.90).
- What is the TTM average current ratio for Newmont Corporation (NEM)?
- The TTM average current ratio for NEM stock is 1.96.
- What is the 3Y average current ratio for Newmont Corporation (NEM)?
- The 3Y average current ratio for NEM stock is 1.85.
- What is the 5Y average current ratio for Newmont Corporation (NEM)?
- The 5Y average current ratio for NEM stock is 2.14.
- What is the 10Y average current ratio for Newmont Corporation (NEM)?
- The 10Y average current ratio for NEM stock is 2.56.
- What is the 15Y average current ratio for Newmont Corporation (NEM)?
- The 15Y average current ratio for NEM stock is 2.40.
- What is the 20Y average current ratio for Newmont Corporation (NEM)?
- The 20Y average current ratio for NEM stock is 2.28.
Newmont Corporation Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 2.29 |
| 2024-12-31 | 1.63 |
| 2023-12-31 | 1.25 |
| 2022-12-31 | 2.23 |
| 2021-12-31 | 2.90 |
| 2020-12-31 | 2.52 |
| 2019-12-31 | 2.63 |
| 2018-12-31 | 2.95 |
| 2017-12-31 | 3.62 |
| 2016-12-31 | 2.67 |
| 2015-12-31 | 3.52 |
| 2014-12-31 | 2.47 |
| 2013-12-31 | 1.78 |
| 2012-12-31 | 1.89 |
| 2011-12-31 | 1.37 |
| 2010-12-31 | 2.64 |
| 2009-12-31 | 2.51 |
| 2008-12-31 | 1.48 |
| 2007-12-31 | 1.78 |
| 2006-12-31 | 1.52 |
| 2005-12-31 | 2.25 |
| 2004-12-31 | 2.47 |
| 2003-12-31 | 2.83 |
| 2002-12-31 | 1.61 |
| 2001-12-31 | 1.46 |
| 2000-12-31 | 1.76 |
| 1999-12-31 | 1.95 |
| 1998-12-31 | 2.42 |
| 1997-12-31 | 1.63 |
| 1996-12-31 | 2.03 |
Related Metrics
About Newmont Corporation
Newmont Corporation is primarily involved in the mining and exploration of gold resources. Additionally, the company undertakes prospecting for other base and precious metals, including copper, silver, zinc, and lead. Its operations and assets are geographically widespread, located across various countries such as the United States, Canada, Mexico, the Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of the close of 2021 (December 31st), Newmont reported substantial proven and probable gold reserves, totaling 92.8 million ounces, and managed a vast land portfolio covering 62,800 square kilometers. Founded in 1916, the company's corporate headquarters are situated in Denver, Colorado.
- Sector
- Basic Materials
- Industry
- Gold
- CEO
- Natascha Viljoen