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Newcrest Mining Limited (NCM) Q2 2021 Report Analysis


Filing Date

2021-08-18

Grade by Sector

73 / 100

Rating

Country

Australia

Exchange

ASX

Market Cap

$14.9B

Sector

Materials

Industry

Metals and Mining

Rating

Grade by Sector

Filing Date

Market Cap

Country

Exchange

Sector

Industry

73 / 100

2021-08-18

$14.9B

Australia

ASX

Materials

Metals and Mining

Company Highlights


Parameter Value Change Score
Assets 14,714.0 2% 71
Capital Expenditure -314.5 69% 96
Cash & Equivalents 1,873.0 7% 72
Equity 10,124.0 5% 74
Liabilities 4,590.0 -4% 71
EBITDA 587.5 -73% 45
Total Revenues 1,202.0 -72% 98
Parameter Value Change Score
Free Cashflow 0.4 -67% 49
Cashflow 64.5 -94% 50
Asset Turnover 0.33 0% 83
Price to Book 1.5 -7% 64
Return on Equity 12.07 8% 63

* All values are TTM

Report Summary

The following analysis of Newcrest Mining Limited's expected performance during the coming months is based on a systematic, AI-powered analysis of the Company's financial statement. Furthermore, several particular general factors and ratios are also included. First, the balance sheet metrics were quite similar to market benchmarks. Second, the income statement factors beat expectation and outperformed the benchmark in the above time frame. Moreover, cash flow parameters underperformed. Fourth, the most impactful financial ratios forecast that in the near term Newcrest Mining Limited's growth is likely to match expectation and not outperform the benchmark. With all factors considered, our cumulative ranking of Newcrest Mining Limited gave a total score of 73.

  •  NCM
  •  Industry average

Balance Sheet Analysis

Probing the balance sheet pointed to a number of critical factors that often have the most significant effect on company performance in the near term. Generally, the balance sheet factors do contribute up to 25.8% of the probability that the company will over-perform the market in the course of the coming months. First, a drill down into the company's debt service capabilities signals slightly above average overperformance with respect to cash and cash equivalents. Typically, the debt service capabilities factors influence up to 8.6% of a company's probability to beat its benchmark. In addition, their assets shows mediocre overperformance concerning assets changes. A company's assets affect up to 4.0% of the probability that the company will over perform the market. Reviewing Newcrest Mining Limited's debt structure conveys passable execution related to liabilities movement. Generally, the debt structure factors will contribute up to 4.0% of the likelihood that the company will beat its benchmark. Fourth, their intangible assets and technical changes conveys satisfactory performance concerning shareholders' equity and intangible assets adjustments. Intangible assets and technical changes will influence up to 9.2% of the chances of a company to beat its benchmark performance during the near term. With all factors taken together, Newcrest Mining Limited's balance sheet generated the ranking of 75.

  •  NCM
  •  Industry average
Parameter Value Change Score
Assets 14,714.0 2% 71
Capital Expenditure -314.5 69% 96
Cash & Equivalents 1,873.0 7% 72
Equity 10,124.0 5% 74
Liabilities 4,590.0 -4% 71
All values are TTM

Income Statement Analysis

Further scrutiny of their income statement pointed to several specific numbers that typically have the greatest effect on company performance for the coming months. Taking in consideration their net income forecasts unremarkable momentum concerning earnings movement. Statistically, the company's net income influences 32.1% of a company's probability to beat the market Further, Newcrest Mining Limited's cost of sales reveals exceptional results concerning capital expenditure growth. Generally, a Company's cost of sales affect roughly 11.6% of the probability that the company will beat its benchmark performance. Looking deeper into their revenue indicates exceptional developments concerning revenue momentum. Revenue momentum are historically responsible for up to 20.5% of the probability that a company will beat the market throughout the upcoming quarter. As such, our assessment of the company's income statement generated the total score of 81.

  •  NCM
  •  Industry average
Parameter Value Change Score
EBITDA 587.5 -73% 45
Total Revenues 1,202.0 -72% 98
All values are TTM

Cash Flow Analysis

Examining the changes in their cash flow highlighted several specific numbers that effect the performance for the coming quarters. First, analysis of the companys flow of cash coming from operations, finance, and investments forecasts below average momentum in terms of cash flow momentum. Typically, the flow of cash coming from operations, finance, and investments factors can affect up to 6.7% of a company's likelihood to over-perform its benchmark. Further, the companys net cash flow indicates below average sentiment with connection to free cash flow growth. In general, these factors influence roughly 3.6% of the chances of the company to over-perform during the upcoming quarter. Our cumulative assessment of the companys cash flow produced a total score of 48.

  •  NCM
  •  Industry average
Parameter Value Change Score
Free Cashflow 0.4 -67% 49
Cashflow 64.5 -94% 50
All values are TTM

General & Ratios Analysis

Our holistic analysis of these reports gives us a bird's eye perspective of Newcrest Mining Limited's financial health for the near term. In particular, the company's results connected to general factors implies slightly above average execution related to macroeconomic environment. Focusing on diving deeper into their health and sustainability reveals modest sentiment concerning book value momentum. In general, these factors can influence up to 15.1% of the likelihood that a company will beat the market. Reviewing taking in consideration their capital efficiency shows very good developments related to assets factors momentum. Historically, the capital efficiency factors will influence up to 9.2% of the probability that a company will beat the market during the coming months. Perhaps more importantly, focusing on investors' interest suggests modest sentiment concerning return factors momentum. Generally, these factors can be responsible for up to 6.1% of a company's likelihood to beat its benchmark performance in the course of the current market. Fourth, diving deeper into their capital efficiency signals very good developments related to assets factors momentum. In general, the capital efficiency factors influence approximately 9.2% of the likelihood that a company will beat its benchmark performance during the coming quarters. With all these factors considered, our cumulative grade of the company's general factors and ratios gave the cumulative score of 69.

  •  NCM
  •  Industry average
Parameter Value Change Score
Asset Turnover 0.33 0% 83
Price to Book 1.5 -7% 64
Return on Equity 12.07 8% 63
All values are TTM

This report is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used or considered as financial or investment advice, a solicitation of any offer, a recommendation, or an offer to sell or buy any securities or other form of a financial asset. For the full disclaimer, click here.