Newmont Corporation (NEM) Debt to Assets Ratio: 0.10%
The debt to assets ratio for Newmont Corporation (NEM) is 0.10% as of Wednesday, June 10, 2026.
NEM Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.10%
NEM Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Newmont Corporation (NEM) | — | 0.10% |
| Freeport-McMoRan Inc. (FCX) | $92.36B | 0.20% |
| The Sherwin-Williams Company (SHW) | $76.59B | 0.56% |
| Ecolab Inc. (ECL) | $74.42B | 0.38% |
| Air Products and Chemicals, Inc. (APD) | $63.01B | 0.45% |
| Nucor Corporation (NUE) | $57.92B | 0.20% |
| Vulcan Materials Company (VMC) | $36.20B | 0.32% |
| DuPont de Nemours, Inc. (DD) | $19.29B | 0.15% |
| Alcoa Corporation (AA) | $19.11B | 0.17% |
| United States Steel Corporation (X) | $12.42B | 0.21% |
Leverage Ratios Comparison
Debt/Assets
0.1%
Debt/Equity
0.17
Current Ratio
2.29
Interest Coverage
34.4x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Newmont Corporation Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Newmont Corporation Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Newmont Corporation (NEM)?
- The debt to assets ratio for NEM stock is 0.10%.
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