New World Gold Stock Retained Earnings
| NWGC Stock | USD 0.0001 0.00 0.00% |
New World Gold fundamentals help investors to digest information that contributes to New World's financial success or failures. It also enables traders to predict the movement of New Pink Sheet. The fundamental analysis module provides a way to measure New World's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to New World pink sheet.
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New World Gold Company Retained Earnings Analysis
New World's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current New World Retained Earnings | 7.71 M |
Most of New World's fundamental indicators, such as Retained Earnings, 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, New World Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
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Based on the latest financial disclosure, New World Gold has a Retained Earnings of 7.71 M. This is 99.96% lower than that of the Basic Materials sector and 101.54% lower than that of the Gold industry. The retained earnings for all United States stocks is 99.92% higher than that of the company.
New Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New World's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of New World could also be used in its relative valuation, which is a method of valuing New World by comparing valuation metrics of similar companies.New World is currently under evaluation in retained earnings category among its peers.
New Fundamentals
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 2.06 M | |||
| Shares Outstanding | 2.4 B | |||
| Price To Sales | 0.04 X | |||
| Revenue | 8.24 M | |||
| Gross Profit | 1.81 M | |||
| Net Income | 2.2 M | |||
| Cash And Equivalents | 158.1 K | |||
| Total Debt | 3.8 M | |||
| Debt To Equity | 0.95 % | |||
| Current Ratio | 323.29 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (30.7 K) | |||
| Earnings Per Share | 0.01 X | |||
| Beta | 52.56 | |||
| Market Capitalization | 239.6 K | |||
| Total Asset | 10.63 M | |||
| Retained Earnings | 7.71 M | |||
| Working Capital | 3.83 M | |||
| Current Asset | 3.85 M | |||
| Current Liabilities | 23 K | |||
| Net Asset | 10.63 M |
About New World Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New World Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New World using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New World Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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New World financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New World security.