New Interest Expense from 2010 to 2026

NGD Stock  USD 11.06  0.73  7.07%   
New Gold's Interest Expense is decreasing over the years with very volatile fluctuation. Overall, Interest Expense is expected to go to about 17.5 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2001-03-31
Previous Quarter
10.6 M
Current Value
10.2 M
Quarterly Volatility
6.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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 290.6 M, Interest Expense of 17.5 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 2.2, Dividend Yield of 0.0 or PTB Ratio of 1.94. New financial statements analysis is a perfect complement when working with New Gold Valuation or Volatility modules.
  
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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.
Analyzing New Gold's Interest Expense 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 Interest Expense has evolved provides context for assessing New Gold's current valuation and future prospects.

Latest New Gold's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of New Gold over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. New Gold's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Gold's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Very volatile
   Interest Expense   
       Timeline  

New Interest Expense Regression Statistics

Arithmetic Mean26,111,361
Geometric Mean0.00
Coefficient Of Variation73.16
Mean Deviation15,302,775
Median18,247,169
Standard Deviation19,103,897
Sample Variance365T
Range63.6M
R-Value(0.02)
Mean Square Error389.1T
R-Squared0.0005
Significance0.93
Slope(85,443)
Total Sum of Squares5839.3T

New Interest Expense History

202617.5 M
202513.6 M
202411.8 M
2023M
202218.2 M
202130.6 M
202054.3 M

About New Gold Financial Statements

New Gold stakeholders use historical fundamental indicators, such as New Gold's Interest Expense, 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
Interest Expense13.6 M17.5 M

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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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Will Metals & Mining sector continue expanding? Could New diversify its offerings? Factors like these will boost the valuation of New Gold. 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 Gold data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
2.75
Earnings Share
0.32
Revenue Per Share
1.569
Quarterly Revenue Growth
0.835
Return On Assets
0.1283
Investors evaluate New Gold using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating New Gold'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 Gold's market price to deviate significantly from intrinsic value.
It's important to distinguish between New Gold's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding New Gold should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, New Gold's market price signifies the transaction level at which participants voluntarily complete trades.