New Net Invested Capital from 2010 to 2024
| NFGC Stock | USD 1.81 0.04 2.26% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 65.5 M | Current Value 77.8 M | Quarterly Volatility 38.7 M |
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 28.5 K, Net Interest Income of 2.9 M or Interest Income of 2.9 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 20.82. New financial statements analysis is a perfect complement when working with New Found Valuation or Volatility modules.
New | Net Invested Capital |
Latest New Found's Net Invested Capital Growth Pattern
Below is the plot of the Net Invested Capital of New Found Gold over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. New Found's Net Invested Capital 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.
| Net Invested Capital | 10 Years Trend |
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Net Invested Capital |
| Timeline |
New Net Invested Capital Regression Statistics
| Arithmetic Mean | 34,128,284 | |
| Geometric Mean | 18,776,389 | |
| Coefficient Of Variation | 113.48 | |
| Mean Deviation | 33,554,796 | |
| Median | 8,962,187 | |
| Standard Deviation | 38,727,528 | |
| Sample Variance | 1499.8T | |
| Range | 113.7M | |
| R-Value | 0.76 | |
| Mean Square Error | 685T | |
| R-Squared | 0.58 | |
| Significance | 0 | |
| Slope | 6,571,572 | |
| Total Sum of Squares | 20997.5T |
New Net Invested Capital History
About New Found Financial Statements
New Found stakeholders use historical fundamental indicators, such as New Found's Net Invested Capital, 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 | ||
| Net Invested Capital | 65.5 M | 77.8 M |
Also Currently Popular
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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Found. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Found listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Earnings Share (0.21) | Return On Assets (0.66) | Return On Equity (1.10) |
The market value of New Found Gold is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Found's value that differs from its market value or its book value, called intrinsic value, which is New Found's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Found's market value can be influenced by many factors that don't directly affect New Found's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Found's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Found is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Found's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.