New Cash from 2010 to 2024
| GBR Stock | USD 1.22 0.02 1.67% |
Cash | First Reported 1992-12-31 | Previous Quarter 416 K | Current Value 430 K | Quarterly Volatility 2.6 M |
Check New Concept financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Concept's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.3 K, Interest Expense of 0.0 or Total Revenue of 144.4 K, as well as many indicators such as Price To Sales Ratio of 35.45, Dividend Yield of 0.0013 or PTB Ratio of 1.69. New financial statements analysis is a perfect complement when working with New Concept Valuation or Volatility modules.
New | Cash |
Latest New Concept's Cash Growth Pattern
Below is the plot of the Cash of New Concept Energy over the last few years. Cash refers to the most liquid asset of New Concept Energy, which is listed under current asset account on New Concept Energy balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from New Concept customers. The amounts must be unrestricted with restricted cash listed in a different New Concept account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. New Concept's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Concept's overall financial position and show how it may be relating to other accounts over time.
| Cash | 10 Years Trend |
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Cash |
| Timeline |
New Cash Regression Statistics
| Arithmetic Mean | 440,177 | |
| Geometric Mean | 267,262 | |
| Coefficient Of Variation | 97.88 | |
| Mean Deviation | 264,039 | |
| Median | 398,000 | |
| Standard Deviation | 430,857 | |
| Sample Variance | 185.6B | |
| Range | 1.6M | |
| R-Value | (0.38) | |
| Mean Square Error | 171.6B | |
| R-Squared | 0.14 | |
| Significance | 0.17 | |
| Slope | (36,280) | |
| Total Sum of Squares | 2.6T |
New Cash History
Other Fundumenentals of New Concept Energy
New Concept Cash component correlations
Click cells to compare fundamentals
About New Concept Financial Statements
New Concept shareholders use historical fundamental indicators, such as Cash, to determine how well the company is positioned to perform in the future. Although New Concept investors may analyze each financial statement separately, they are all interrelated. The changes in New Concept's assets and liabilities, for example, are also reflected in the revenues and expenses on on New Concept's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash | 447 K | 424.6 K | |
| Cash And Short Term Investments | 447 K | 424.6 K | |
| Cash And Equivalents | 501.4 K | 256.1 K | |
| Change In Cash | 11 K | 11.6 K | |
| Free Cash Flow | 11 K | 11.6 K | |
| Begin Period Cash Flow | 436 K | 414.2 K | |
| Other Cashflows From Financing Activities | -11 K | -11.6 K | |
| Other Non Cash Items | 12 K | 12.6 K | |
| Total Cash From Operating Activities | 22 K | 23.1 K | |
| End Period Cash Flow | 447 K | 681.9 K | |
| Cash And Cash Equivalents Changes | 5.8 K | 6 K | |
| Cash Flows Other Operating | -3.8 M | -3.6 M | |
| Cash Per Share | 0.09 | 0.08 | |
| Capex To Operating Cash Flow | 0.45 | 0.43 | |
| EV To Operating Cash Flow | 212.95 | 223.60 | |
| EV To Free Cash Flow | 425.91 | 447.20 | |
| Price To Operating Cash Flows Ratio | 233.27 | 244.94 | |
| Price To Free Cash Flows Ratio | 466.55 | 489.87 | |
| Cash Ratio | 5.96 | 6.26 | |
| Operating Cash Flow Sales Ratio | 0.14 | 0.15 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.57 | 0.60 | |
| Cash Flow Coverage Ratios | (2.77) | (2.63) | |
| Price Cash Flow Ratio | 233.27 | 244.94 | |
| Cash Flow To Debt Ratio | (2.77) | (2.63) | |
| Cash Conversion Cycle | 5.4 K | 5.6 K |
Pair Trading with New Concept
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Concept position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Concept will appreciate offsetting losses from the drop in the long position's value.Moving against New Stock
The ability to find closely correlated positions to New Concept could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Concept when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Concept - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Concept Energy to buy it.
The correlation of New Concept is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Concept moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Concept Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New Concept can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for New Stock Analysis
When running New Concept's price analysis, check to measure New Concept's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Concept is operating at the current time. Most of New Concept's value examination focuses on studying past and present price action to predict the probability of New Concept's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Concept's price. Additionally, you may evaluate how the addition of New Concept to your portfolios can decrease your overall portfolio volatility.