New Cash Conversion Cycle from 2010 to 2026
| NFGC Stock | USD 2.81 0.19 7.25% |
Cash Conversion Cycle | First Reported 2010-12-31 | Previous Quarter -2.5 K | Current Value -2.4 K | Quarterly Volatility 2.5 K |
Check New Found financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Found's main balance sheet or income statement drivers, such as Interest Expense of 30.3 K, Depreciation And Amortization of 542.6 K or Other Operating Expenses of 55.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 8.25. New financial statements analysis is a perfect complement when working with New Found Valuation or Volatility modules.
New | Cash Conversion Cycle | Build AI portfolio with New Stock |
Analyzing New Found's Cash Conversion Cycle over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Cash Conversion Cycle has evolved provides context for assessing New Found's current valuation and future prospects.
Latest New Found's Cash Conversion Cycle Growth Pattern
Below is the plot of the Cash Conversion Cycle of New Found Gold over the last few years. It is New Found's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Found's overall financial position and show how it may be relating to other accounts over time.
| Cash Conversion Cycle | 10 Years Trend |
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Cash Conversion Cycle |
| Timeline |
New Cash Conversion Cycle Regression Statistics
| Arithmetic Mean | 1,870 | |
| Geometric Mean | 2,712 | |
| Coefficient Of Variation | 134.24 | |
| Mean Deviation | 2,153 | |
| Median | 3,534 | |
| Standard Deviation | 2,510 | |
| Sample Variance | 6.3M | |
| Range | 6K | |
| R-Value | (0.84) | |
| Mean Square Error | 2M | |
| R-Squared | 0.70 | |
| Significance | 0.000028 | |
| Slope | (415.84) | |
| Total Sum of Squares | 100.8M |
New Cash Conversion Cycle History
About New Found Financial Statements
New Found stakeholders use historical fundamental indicators, such as New Found's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although New Found investors may analyze each financial statement separately, they are all interrelated. For example, changes in New Found's assets and liabilities are reflected in the revenues and expenses on New Found's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in New Found Gold. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cash Conversion Cycle | -2.5 K | -2.4 K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether New Found Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of New Found's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of New Found Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on New Found Gold Stock:Check out the analysis of New Found Correlation against competitors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Will Diversified Metals & Mining sector continue expanding? Could New diversify its offerings? Factors like these will boost the valuation of New Found. Anticipated expansion of New directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every New Found data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate New Found Gold using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating New Found's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause New Found's market price to deviate significantly from intrinsic value.
It's important to distinguish between New Found's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding New Found should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, New Found's market price signifies the transaction level at which participants voluntarily complete trades.