New Net Debt from 2010 to 2026

NGD Stock

USD 9.88 0.15 1.50%

New Gold's Net Debt is increasing over the years with very volatile fluctuation. Net Debt is expected to dwindle to about 199 M. Net Debt is the total debt of New Gold minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals

Net Debt

First Reported

1997-09-30

Previous Quarter

434 M

Current Value

273.8 M

Quarterly Volatility

272.9 M

Dot-com Bubble

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.

Build AI portfolio with New Stock

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 Net Debt 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 Net Debt has evolved provides context for assessing New Gold's current valuation and future prospects.

Latest New Gold's Net Debt Growth Pattern

Below is the plot of the Net Debt of New Gold over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. New Gold's Net Debt 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.

Net Debt

10 Years Trend

Very volatile

Compare to Others All Fundamentals

Net Debt

Timeline

New Net Debt Regression Statistics

	Arithmetic Mean	348,158,056
	Geometric Mean	186,658,156
	Coefficient Of Variation	74.14
	Mean Deviation	211,034,542
	Median	322,400,000
	Standard Deviation	258,116,441
	Sample Variance	66624.1T
	Range	849.2M
	R-Value	0.03
	Mean Square Error	71009.6T
	R-Squared	0.0008
	Significance	0.91
	Slope	1,436,433
	Total Sum of Squares	1065985.6T

New Net Debt History

	2026	199 M
	2025	338.7 M
	2024	294.5 M
	2023	215.7 M
	2022	195.4 M
	2021	20.2 M
	2020	322.4 M

Other Fundumenentals of New Gold

Net Debt To E B I T D A

New Gold Net Debt component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Short Term Investments	Net Tangible Assets	Long Term Debt	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	0.49	0.41	0.42	0.31	0.59	0.83	0.81	0.75	0.13	0.93	0.82	0.86	0.55	0.34	0.35	0.44	0.99	0.49	-0.38	0.41	0.54	0.31	-0.32
Total Stockholder Equity	0.95		0.64	0.27	0.62	0.15	0.53	0.61	0.77	0.85	0.01	0.99	0.69	0.91	0.42	0.18	0.49	0.24	0.94	0.59	-0.43	0.52	0.68	0.27	-0.31
Current Deferred Revenue	0.49	0.64		0.04	0.71	0.01	0.2	0.1	0.27	0.64	-0.43	0.64	0.22	0.49	-0.04	-0.23	0.31	-0.23	0.49	0.49	-0.29	0.44	0.7	0.0	-0.07
Net Debt	0.41	0.27	0.04		-0.1	0.45	0.33	0.55	-0.02	0.07	-0.38	0.2	0.79	0.13	0.3	0.28	-0.4	0.39	0.46	0.35	-0.12	-0.14	0.16	-0.23	-0.15
Retained Earnings	0.42	0.62	0.71	-0.1		-0.17	0.24	-0.04	0.36	0.76	-0.17	0.64	0.18	0.52	-0.42	-0.62	0.51	-0.56	0.37	0.82	-0.67	0.83	0.95	0.43	-0.51
Accounts Payable	0.31	0.15	0.01	0.45	-0.17		-0.05	0.5	0.08	-0.3	-0.09	0.13	0.41	-0.12	0.28	0.37	-0.15	0.37	0.32	0.08	0.07	-0.37	-0.02	0.06	-0.06
Net Receivables	0.59	0.53	0.2	0.33	0.24	-0.05		0.54	0.55	0.56	0.26	0.5	0.55	0.52	0.31	0.1	0.07	0.23	0.56	0.38	-0.35	0.41	0.37	0.29	-0.31
Total Liab	0.83	0.61	0.1	0.55	-0.04	0.5	0.54		0.68	0.38	0.31	0.57	0.82	0.56	0.64	0.53	0.03	0.67	0.82	0.17	-0.19	0.1	0.14	0.3	-0.25
Total Current Assets	0.81	0.77	0.27	-0.02	0.36	0.08	0.55	0.68		0.64	0.48	0.75	0.58	0.77	0.45	0.26	0.5	0.33	0.74	0.28	-0.31	0.48	0.36	0.54	-0.29
Short Term Debt	0.75	0.85	0.64	0.07	0.76	-0.3	0.56	0.38	0.64		0.07	0.87	0.45	0.9	0.12	-0.17	0.49	-0.06	0.72	0.64	-0.61	0.8	0.78	0.36	-0.45
Short Term Investments	0.13	0.01	-0.43	-0.38	-0.17	-0.09	0.26	0.31	0.48	0.07		0.02	-0.07	0.15	0.2	0.18	0.04	0.22	0.07	-0.28	-0.01	0.18	-0.21	0.67	-0.11
Net Tangible Assets	0.93	0.99	0.64	0.2	0.64	0.13	0.5	0.57	0.75	0.87	0.02		0.62	0.92	0.4	0.15	0.54	0.21	0.92	0.6	-0.47	0.55	0.69	0.29	-0.36
Long Term Debt	0.82	0.69	0.22	0.79	0.18	0.41	0.55	0.82	0.58	0.45	-0.07	0.62		0.55	0.48	0.36	0.01	0.44	0.82	0.5	-0.29	0.2	0.38	0.13	-0.31
Deferred Long Term Liab	0.86	0.91	0.49	0.13	0.52	-0.12	0.52	0.56	0.77	0.9	0.15	0.92	0.55		0.44	0.18	0.53	0.32	0.85	0.44	-0.43	0.57	0.55	0.27	-0.31
Long Term Investments	0.55	0.42	-0.04	0.3	-0.42	0.28	0.31	0.64	0.45	0.12	0.2	0.4	0.48	0.44		0.96	0.06	0.85	0.61	-0.3	0.39	-0.36	-0.34	-0.23	0.34
Short Long Term Debt	0.34	0.18	-0.23	0.28	-0.62	0.37	0.1	0.53	0.26	-0.17	0.18	0.15	0.36	0.18	0.96		-0.08	0.86	0.41	-0.48	0.56	-0.59	-0.56	-0.33	0.46
Intangible Assets	0.35	0.49	0.31	-0.4	0.51	-0.15	0.07	0.03	0.5	0.49	0.04	0.54	0.01	0.53	0.06	-0.08		-0.11	0.32	0.31	-0.3	0.39	0.38	0.17	-0.22
Common Stock	0.44	0.24	-0.23	0.39	-0.56	0.37	0.23	0.67	0.33	-0.06	0.22	0.21	0.44	0.32	0.85	0.86	-0.11		0.47	-0.41	0.37	-0.44	-0.44	-0.19	0.33
Property Plant Equipment	0.99	0.94	0.49	0.46	0.37	0.32	0.56	0.82	0.74	0.72	0.07	0.92	0.82	0.85	0.61	0.41	0.32	0.47		0.46	-0.33	0.33	0.49	0.21	-0.28
Long Term Debt Total	0.49	0.59	0.49	0.35	0.82	0.08	0.38	0.17	0.28	0.64	-0.28	0.6	0.5	0.44	-0.3	-0.48	0.31	-0.41	0.46		-0.77	0.72	0.92	0.39	-0.71
Capital Surpluse	-0.38	-0.43	-0.29	-0.12	-0.67	0.07	-0.35	-0.19	-0.31	-0.61	-0.01	-0.47	-0.29	-0.43	0.39	0.56	-0.3	0.37	-0.33	-0.77		-0.74	-0.76	-0.51	0.94
Cash And Equivalents	0.41	0.52	0.44	-0.14	0.83	-0.37	0.41	0.1	0.48	0.8	0.18	0.55	0.2	0.57	-0.36	-0.59	0.39	-0.44	0.33	0.72	-0.74		0.82	0.69	-0.64
Net Invested Capital	0.54	0.68	0.7	0.16	0.95	-0.02	0.37	0.14	0.36	0.78	-0.21	0.69	0.38	0.55	-0.34	-0.56	0.38	-0.44	0.49	0.92	-0.76	0.82		0.45	-0.61
Net Working Capital	0.31	0.27	0.0	-0.23	0.43	0.06	0.29	0.3	0.54	0.36	0.67	0.29	0.13	0.27	-0.23	-0.33	0.17	-0.19	0.21	0.39	-0.51	0.69	0.45		-0.56
Capital Stock	-0.32	-0.31	-0.07	-0.15	-0.51	-0.06	-0.31	-0.25	-0.29	-0.45	-0.11	-0.36	-0.31	-0.31	0.34	0.46	-0.22	0.33	-0.28	-0.71	0.94	-0.64	-0.61	-0.56

Click cells to compare fundamentals

About New Gold Financial Statements

New Gold stakeholders use historical fundamental indicators, such as New Gold's Net Debt, 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 Reported	Projected for Next Year
Net Debt	338.7 M	199 M
Net Debt To EBITDA	1.02	0.97

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.

VGIAX	Vanguard Growth And
XAR	SPDR SP Aerospace
XAR	SPDR SP Aerospace

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

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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC

New Net Debt from 2010 to 2026

Latest New Gold's Net Debt Growth Pattern

New Net Debt Regression Statistics

New Net Debt History

Other Fundumenentals of New Gold

New Gold Net Debt component correlations

About New Gold Financial Statements

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY