Newport Financial Statements From 2010 to 2024
| NWPG Stock | USD 0 0 145.45% |
Check Newport Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newport Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Newport financial statements analysis is a perfect complement when working with Newport Gold Valuation or Volatility modules.
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Newport Gold Company Return On Asset Analysis
Newport Gold's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Newport Gold Return On Asset | -2.37 |
Most of Newport Gold's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Newport Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Newport Gold has a Return On Asset of -2.3671. This is 419.88% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on asset for all United States stocks is notably higher than that of the company.
Newport Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newport Gold's current stock value. Our valuation model uses many indicators to compare Newport Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newport Gold competition to find correlations between indicators driving Newport Gold's intrinsic value. More Info.Newport Gold is regarded second in return on asset category among its peers. It is regarded third in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Newport Gold's earnings, one of the primary drivers of an investment's value.About Newport Gold Financial Statements
Newport Gold stakeholders use historical fundamental indicators, such as Newport Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although Newport Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Newport Gold's assets and liabilities are reflected in the revenues and expenses on Newport 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 Newport Gold. Please read more on our technical analysis and fundamental analysis pages.
Newport Gold, Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral and energy properties primarily in Canada. Newport Gold, Inc. was founded in 2003 and is headquartered in Collingwood, Canada. Newport Gold is traded on OTC Exchange in the United States.
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Other Information on Investing in Newport Pink Sheet
Newport Gold financial ratios help investors to determine whether Newport Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Newport with respect to the benefits of owning Newport Gold security.