Newport Exploration Stock Debt To Equity
| NWX Stock | CAD 0.07 0.01 6.25% |
Newport Exploration fundamentals help investors to digest information that contributes to Newport Exploration's financial success or failures. It also enables traders to predict the movement of Newport Stock. The fundamental analysis module provides a way to measure Newport Exploration'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 Newport Exploration stock.
| Last Reported | Projected for Next Year |
Newport | Debt To Equity |
Newport Exploration Company Debt To Equity Analysis
Newport Exploration's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Newport Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Newport Exploration is extremely important. It helps to project a fair market value of Newport Stock properly, considering its historical fundamentals such as Debt To Equity. Since Newport Exploration's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Newport Exploration's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Newport Exploration's interrelated accounts and indicators.
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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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Newport Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, Newport Exploration has a Debt To Equity of 0.0%. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The debt to equity for all Canada stocks is 100.0% higher than that of the company.
Newport Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Newport Exploration's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Newport Exploration could also be used in its relative valuation, which is a method of valuing Newport Exploration by comparing valuation metrics of similar companies.Newport Exploration is currently under evaluation in debt to equity category among its peers.
Newport Exploration Current Valuation Drivers
We derive many important indicators used in calculating different scores of Newport Exploration from analyzing Newport Exploration's financial statements. These drivers represent accounts that assess Newport Exploration's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Newport Exploration's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 38.1M | 47.4M | 44.9M | 28.5M | 13.7M | 12.9M | |
| Enterprise Value | 33.3M | 44.6M | 44.3M | 27.4M | 13.0M | 11.0M |
Newport Fundamentals
| Return On Equity | 0.6 | |||
| Return On Asset | -0.27 | |||
| Current Valuation | 6.31 M | |||
| Shares Outstanding | 105.58 M | |||
| Shares Owned By Insiders | 26.70 % | |||
| Number Of Shares Shorted | 95 | |||
| Price To Earning | 11.00 X | |||
| Price To Book | 3.07 X | |||
| EBITDA | (1.45 M) | |||
| Net Income | 1.92 M | |||
| Cash And Equivalents | 6.73 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 124.69 K | |||
| Current Ratio | 19.57 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | 2.24 M | |||
| Earnings Per Share | 0.02 X | |||
| Beta | 1.06 | |||
| Market Capitalization | 7.92 M | |||
| Total Asset | 3.99 M | |||
| Retained Earnings | (46.3 M) | |||
| Working Capital | 3.75 M | |||
| Annual Yield | 0.27 % | |||
| Net Asset | 3.99 M | |||
| Last Dividend Paid | 0.03 |
About Newport Exploration Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Newport Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newport Exploration using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newport Exploration 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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Additional Tools for Newport Stock Analysis
When running Newport Exploration's price analysis, check to measure Newport Exploration's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newport Exploration is operating at the current time. Most of Newport Exploration's value examination focuses on studying past and present price action to predict the probability of Newport Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newport Exploration's price. Additionally, you may evaluate how the addition of Newport Exploration to your portfolios can decrease your overall portfolio volatility.