New Financial Statements From 2010 to 2024

New Gold Balance Sheet		Trends
Current Value Last Year Historical Average  10 Year Trend Total Assets 2 B 2.3 B 2.9 B Pretty Stable Short and Long Term Debt Total 489.6 M 398.6 M 622.9 M Very volatile Other Current Liabilities 173.1 M 164.9 M 104.6 M Slightly volatile Total Current Liabilities 240.4 M 229 M 158.3 M Slightly volatile Total Stockholder Equity 1.1 B 789.2 M 1.5 B Slightly volatile Property Plant And Equipment Net 1.6 B 1.9 B 2.3 B Pretty Stable Current Deferred Revenue 2.9 M 3.5 M 2.8 M Slightly volatile Accounts Payable 36.4 M 64.1 M 51 M Pretty Stable Cash 204.3 M 185.5 M 264.4 M Pretty Stable Non Current Assets Total 1.7 B 1.9 B 2.4 B Pretty Stable Cash And Short Term Investments 210.3 M 192.6 M 274.6 M Pretty Stable Net Receivables 28 M 17.1 M 45.1 M Pretty Stable Common Stock Shares Outstanding 718.2 M 684 M 541.6 M Slightly volatile Liabilities And Stockholders Equity 2 B 2.3 B 2.9 B Pretty Stable Non Current Liabilities Total 830.4 M 1.3 B 1.2 B Pretty Stable Other Stockholder Equity 101.6 M 106.9 M 257.6 M Slightly volatile Total Liabilities 877.1 M 1.5 B 1.3 B Pretty Stable Property Plant And Equipment Gross 4.3 B 4.1 B 2.8 B Slightly volatile Total Current Assets 331 M 351.8 M 458 M Pretty Stable Inventory 95.5 M 126.7 M 129.8 M Very volatile Other Assets 2.3 M 2.4 M 115.6 M Slightly volatile Short Term Investments 6.7 M 7.1 M 10.6 M Slightly volatile Other Liabilities 491.7 M 824.1 M 573.8 M Slightly volatile Net Tangible Assets 1.3 B 1.1 B 1.6 B Slightly volatile Short and Long Term Debt 642.1 M 1.2 B 865.7 M Slightly volatile Common Stock 2.5 B 3.2 B 2.7 B Slightly volatile Property Plant Equipment 2 B 2.1 B 2.4 B Pretty Stable Long Term Debt 514.9 M 396 M 664.2 M Pretty Stable Long Term Investments 96.1 M 108.1 M 117.7 M Slightly volatile Intangible Assets 11.3 M 12.7 M 13.8 M Slightly volatile Common Stock Total Equity 3.2 B 3.6 B 3 B Slightly volatile Deferred Long Term Liabilities 336 M 225.3 M 381.7 M Slightly volatile Long Term Debt Total 552.2 M 356.6 M 738.5 M Slightly volatile Capital Surpluse 115.7 M 124 M 105.3 M Slightly volatile Non Current Liabilities Other 4.7 M 3.4 M 2.7 M Slightly volatile Cash And Equivalents 28.3 M 29.8 M 118.2 M Slightly volatile Net Invested Capital 1.4 B 1.2 B 2.3 B Slightly volatile Net Working Capital 116.7 M 122.8 M 241.7 M Slightly volatile Capital Stock 3.4 B 3.2 B 3.1 B Slightly volatile Capital Lease Obligations 2.5 M 2.6 M 18.4 M Slightly volatile
New Gold Income Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Depreciation And Amortization 246.9 M 235.1 M 190.6 M Slightly volatile Selling General Administrative 19.5 M 29.9 M 26.2 M Pretty Stable Total Revenue 426.6 M 786.5 M 629 M Pretty Stable Gross Profit 80.8 M 101.9 M 112.6 M Slightly volatile Other Operating Expenses 761.5 M 725.2 M 583.7 M Slightly volatile Total Operating Expenses 29.4 M 40.6 M 41.6 M Pretty Stable Cost Of Revenue 428.2 M 684.6 M 521.9 M Slightly volatile Research Development 11.5 M 11.5 M 10.1 M Slightly volatile Non Recurring 144.7 M 251.1 M 276.3 M Slightly volatile Interest Income 7.1 M 7.5 M 82.4 M Slightly volatile Reconciled Depreciation 174.4 M 235.1 M 216.3 M Slightly volatile
New Gold Cash Flow Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Begin Period Cash Flow 195.6 M 200.8 M 284.1 M Pretty Stable Capital Expenditures 207.2 M 265.9 M 319.5 M Pretty Stable End Period Cash Flow 204.3 M 185.5 M 264.4 M Pretty Stable Stock Based Compensation 760 K 800 K 4.9 M Slightly volatile
Financial Ratios		Trends
Current Value Last Year Historical Average  10 Year Trend Price To Sales Ratio 1.21 1.2697 1.6 M Slightly volatile PTB Ratio 1.21 1.2719 3.0506 Slightly volatile Days Sales Outstanding 4.5 4.7336 434.3 K Slightly volatile Book Value Per Share 1.1 1.1538 2.8582 Slightly volatile Invested Capital 439 K 493.9 K 537.8 K Slightly volatile Average Payables 59.5 M 56.7 M 58.1 M Slightly volatile Stock Based Compensation To Revenue 0.0099 0.0108 0.0091 Slightly volatile PB Ratio 1.21 1.2719 3.0506 Slightly volatile EV To Sales 1.46 1.5407 1.6 M Slightly volatile Inventory Turnover 5.13 5.4033 1.6 B Slightly volatile Days Of Inventory On Hand 98.43 67.5511 86.6398 Very volatile Payables Turnover 9.74 10.6802 13.2224 Pretty Stable Sales General And Administrative To Revenue 0.0455 0.038 0.0425 Slightly volatile Average Inventory 18.6 M 17.7 M 18.2 M Slightly volatile Research And Ddevelopement To Revenue 0.0284 0.0166 0.0171 Pretty Stable Capex To Revenue 0.33 0.3443 8.4 K Slightly volatile Cash Per Share 0.27 0.2815 0.514 Slightly volatile Days Payables Outstanding 32.47 34.1754 102 Slightly volatile Intangibles To Total Assets 0.001 0.001 0.0017 Slightly volatile Current Ratio 1.46 1.5362 3.6514 Slightly volatile Tangible Book Value Per Share 1.1 1.1538 2.8548 Slightly volatile Receivables Turnover 80.96 77.1078 34.6266 Slightly volatile Graham Number 1.48 1.5606 4.1706 Slightly volatile Shareholders Equity Per Share 1.09 1.1479 2.8572 Slightly volatile Debt To Equity 0.32 0.5044 0.425 Slightly volatile Capex Per Share 0.43 0.3959 0.5986 Slightly volatile Average Receivables 7 M 6.7 M 6.8 M Slightly volatile Revenue Per Share 0.68 1.1499 1.1357 Pretty Stable Interest Debt Per Share 0.56 0.5892 1.1598 Pretty Stable Debt To Assets 0.16 0.1732 0.2029 Slightly volatile Operating Cycle 139 72.2848 128 Slightly volatile Price Book Value Ratio 1.21 1.2719 3.0506 Slightly volatile Days Of Payables Outstanding 32.47 34.1754 102 Slightly volatile Company Equity Multiplier 3.06 2.9115 2.076 Slightly volatile Long Term Debt To Capitalization 0.19 0.3353 0.2793 Slightly volatile Total Debt To Capitalization 0.21 0.3353 0.2811 Slightly volatile Debt Equity Ratio 0.32 0.5044 0.425 Slightly volatile Quick Ratio 0.93 0.983 2.7779 Slightly volatile Net Income Per E B T 1.14 1.0895 0.943 Slightly volatile Cash Ratio 0.77 0.81 2.3368 Slightly volatile Days Of Inventory Outstanding 98.43 67.5511 86.6398 Very volatile Days Of Sales Outstanding 4.5 4.7336 434.3 K Slightly volatile Price To Book Ratio 1.21 1.2719 3.0506 Slightly volatile Fixed Asset Turnover 0.43 0.4081 0.2818 Slightly volatile Debt Ratio 0.16 0.1732 0.2029 Slightly volatile Price Sales Ratio 1.21 1.2697 1.6 M Slightly volatile Asset Turnover 0.36 0.3441 0.2281 Slightly volatile Gross Profit Margin 0.24 0.1296 0.2132 Slightly volatile Price Fair Value 1.21 1.2719 3.0506 Slightly volatile
New Gold Valuation Data		Trends
Current Value Last Year Historical Average  10 Year Trend Market Cap 340.1 M 393.3 M 1.2 B Slightly volatile Working Capital 235.9 K 265.4 K 289 K Slightly volatile Enterprise Value 1.1 B 1 B 1.8 B Slightly volatile

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About New Gold Financial Statements

Pair Trading with New Gold

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 Gold 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 Gold will appreciate offsetting losses from the drop in the long position's value.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:

How To Invest In New Details

Is New Stock a good investment? Details

What is New Gold's Net Worth? Details

Largest Metals & Mining Companies View

Largest Materials Companies View

Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Earnings Projections Details

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.