New Financial Statements From 2010 to 2024

NGD Stock  USD 2.88  0.10  3.60%   
New Gold financial statements provide useful quarterly and yearly information to potential New Gold investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on New Gold financial statements helps investors assess New Gold's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting New Gold's valuation are summarized below:
Gross Profit
221.7 M
Profit Margin
0.0233
Market Capitalization
2.3 B
Enterprise Value Revenue
2.9245
Revenue
861.5 M
There are over one hundred nineteen available fundamental ratios for New Gold, which can be analyzed over time and compared to other ratios. Investors should ensure to check all of New Gold's last-minute performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Enterprise Value is expected to grow to about 1.1 B, whereas Market Cap is forecasted to decline to about 340.1 M.

New Gold Total Revenue

411.3 Million

Check New Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 256.4 M, Interest Expense of 6.7 M or Total Revenue of 411.3 M, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0 or PTB Ratio of 1.21. New financial statements analysis is a perfect complement when working with New Gold Valuation or Volatility modules.
  
Check out the analysis of New Gold Correlation against competitors.
For information on how to trade New Stock refer to our How to Trade New Stock guide.

New Gold Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsB2.3 B2.9 B
Pretty Stable
Short and Long Term Debt Total492.8 M398.6 M627.5 M
Very volatile
Other Current Liabilities173.1 M164.9 M99.1 M
Slightly volatile
Total Current Liabilities240.4 M229 M158.3 M
Slightly volatile
Total Stockholder Equity1.1 B785.2 M1.5 B
Slightly volatile
Property Plant And Equipment Net1.6 B1.9 B2.3 B
Pretty Stable
Accounts Payable41.1 M64.1 M59.2 M
Pretty Stable
Cash204.3 M184.6 M264.3 M
Pretty Stable
Non Current Assets Total1.7 B1.9 B2.4 B
Pretty Stable
Cash And Short Term Investments210.3 M191.6 M274.5 M
Pretty Stable
Net Receivables9.7 M10.2 M43.3 M
Pretty Stable
Common Stock Shares Outstanding718.2 M684 M541.6 M
Slightly volatile
Liabilities And Stockholders EquityB2.3 B2.9 B
Pretty Stable
Non Current Liabilities Total768.9 M1.3 B1.2 B
Pretty Stable
Other Stockholder Equity101 M106.4 M257.6 M
Slightly volatile
Total Liabilities876.8 M1.5 B1.3 B
Pretty Stable
Total Current Assets331 M351.8 M458 M
Pretty Stable
Short Term Investments11.5 M7.1 M17.9 M
Pretty Stable
Other Current Assets23.4 M22.3 M10.3 M
Slightly volatile
Common Stock2.1 B3.1 B2.7 B
Slightly volatile
Property Plant Equipment1.8 B2.1 B2.3 B
Pretty Stable
Non Currrent Assets Other6.6 MM40.2 M
Pretty Stable
Long Term Debt Total552.2 M356.6 M738.5 M
Slightly volatile
Capital Surpluse115.7 M124 M105.3 M
Slightly volatile
Non Current Liabilities Other4.7 M3.4 M2.7 M
Slightly volatile
Cash And Equivalents28.3 M29.8 M118.2 M
Slightly volatile
Net Invested Capital1.4 B1.2 B2.3 B
Slightly volatile
Net Working Capital116.7 M122.8 M241.7 M
Slightly volatile
Capital Stock3.4 B3.2 B3.1 B
Slightly volatile
Capital Lease Obligations2.5 M2.6 M18.4 M
Slightly volatile
Property Plant And Equipment Gross3.6 B4.1 B3.3 B
Pretty Stable

New Gold Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization256.4 M244.2 M192.7 M
Slightly volatile
Total Revenue411.3 M799.8 M628.9 M
Pretty Stable
Gross Profit77.2 M86.6 M111.4 M
Slightly volatile
Other Operating Expenses760.9 M724.7 M583.7 M
Slightly volatile
Total Operating Expenses28.9 M29.5 M40.8 M
Very volatile
Selling General Administrative22.9 M29.9 M26.4 M
Very volatile
Cost Of Revenue392.3 M713.2 M521.4 M
Slightly volatile
Interest Income7.1 M7.5 M71.6 M
Slightly volatile
Reconciled Depreciation174.4 M235.1 M216.3 M
Slightly volatile
Selling And Marketing Expenses294.5 K331.4 K360.8 K
Slightly volatile

New Gold Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow195.6 M200.8 M284.1 M
Pretty Stable
Capital Expenditures207.4 M270.8 M319.8 M
Pretty Stable
End Period Cash Flow204.3 M185.5 M264.4 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.191.24861.6 M
Slightly volatile
PTB Ratio1.211.27193.0506
Slightly volatile
Days Sales Outstanding4.424.6549434.3 K
Slightly volatile
Book Value Per Share1.091.14792.8572
Slightly volatile
Invested Capital439 K493.9 K537.8 K
Slightly volatile
Average Payables59.5 M56.7 M58.1 M
Slightly volatile
Stock Based Compensation To Revenue0.0010.0010.0078
Slightly volatile
PB Ratio1.211.27193.0506
Slightly volatile
EV To Sales1.441.51621.6 M
Slightly volatile
Inventory Turnover5.355.62941.6 B
Slightly volatile
Days Of Inventory On Hand98.2564.838286.4469
Very volatile
Payables Turnover9.7711.127113.2542
Pretty Stable
Sales General And Administrative To Revenue0.04540.03740.0424
Slightly volatile
Average Inventory18.6 M17.7 M18.2 M
Slightly volatile
Research And Ddevelopement To Revenue0.02840.01660.0171
Pretty Stable
Capex To Revenue0.320.33868.4 K
Slightly volatile
Cash Per Share0.270.28010.5139
Slightly volatile
Days Payables Outstanding31.1632.8029101
Slightly volatile
Intangibles To Total Assets0.0010.0010.0017
Slightly volatile
Current Ratio1.461.53623.6514
Slightly volatile
Tangible Book Value Per Share1.091.14792.8537
Slightly volatile
Receivables Turnover82.3378.412134.8049
Slightly volatile
Graham Number1.481.56064.1706
Slightly volatile
Shareholders Equity Per Share1.091.14792.8572
Slightly volatile
Debt To Equity0.320.50440.425
Slightly volatile
Capex Per Share0.430.39590.5986
Slightly volatile
Average ReceivablesM6.7 M6.8 M
Slightly volatile
Revenue Per Share0.681.16931.137
Pretty Stable
Interest Debt Per Share0.560.58921.1598
Pretty Stable
Debt To Assets0.160.17410.203
Slightly volatile
Operating Cycle13969.4931128
Slightly volatile
Price Book Value Ratio1.211.27193.0506
Slightly volatile
Days Of Payables Outstanding31.1632.8029101
Slightly volatile
Company Equity Multiplier3.042.89662.0737
Slightly volatile
Long Term Debt To Capitalization0.190.33530.2793
Slightly volatile
Total Debt To Capitalization0.210.33530.2811
Slightly volatile
Debt Equity Ratio0.320.50440.425
Slightly volatile
Quick Ratio0.930.9832.7779
Slightly volatile
Net Income Per E B T1.141.08950.943
Slightly volatile
Cash Ratio0.770.80592.3365
Slightly volatile
Days Of Inventory Outstanding98.2564.838286.4469
Very volatile
Days Of Sales Outstanding4.424.6549434.3 K
Slightly volatile
Price To Book Ratio1.211.27193.0506
Slightly volatile
Fixed Asset Turnover0.440.41710.283
Slightly volatile
Debt Ratio0.160.17410.203
Slightly volatile
Price Sales Ratio1.191.24861.6 M
Slightly volatile
Asset Turnover0.370.35170.2293
Slightly volatile
Gross Profit Margin0.10.10820.2025
Slightly volatile
Price Fair Value1.211.27193.0506
Slightly volatile

New Gold Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap340.1 M393.3 M1.2 B
Slightly volatile
Working Capital235.9 K265.4 K289 K
Slightly volatile
Enterprise Value1.1 BB1.8 B
Slightly volatile

New Fundamental Market Drivers

Forward Price Earnings8.2988
Cash And Short Term Investments191.6 M

New Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About New Gold Financial Statements

New Gold stakeholders use historical fundamental indicators, such as New Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although New Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in New Gold's assets and liabilities are reflected in the revenues and expenses on New Gold'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 Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue 1.00  1.05 
Total Revenue799.8 M411.3 M
Cost Of Revenue713.2 M392.3 M
Sales General And Administrative To Revenue 0.04  0.05 
Research And Ddevelopement To Revenue 0.02  0.03 
Capex To Revenue 0.34  0.32 
Revenue Per Share 1.17  0.68 
Ebit Per Revenue 0.08  0.08 

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When determining whether New Gold is a strong investment it is important to analyze New Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Gold's future performance. For an informed investment choice regarding New Stock, refer to the following important reports:
Check out the analysis of New Gold Correlation against competitors.
For information on how to trade New Stock refer to our How to Trade New Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is 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 Gold. 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 Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.02
Revenue Per Share
1.187
Quarterly Revenue Growth
0.252
Return On Assets
0.0297
Return On Equity
0.0214
The market value of New 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is New Gold'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 Gold's market value can be influenced by many factors that don't directly affect New Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Gold'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.