Newport Historical Balance Sheet

NWX Stock  CAD 0.07  0.01  6.25%   
Trend analysis of Newport Exploration balance sheet accounts such as Total Stockholder Equity of 7.6 M provides information on Newport Exploration's total assets, liabilities, and equity, which is the actual value of Newport Exploration to its prevalent stockholders. By breaking down trends over time using Newport Exploration balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Newport Exploration latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Newport Exploration is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newport Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Newport Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Newport Exploration at a specified time, usually calculated after every quarter, six months, or one year. Newport Exploration Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Newport Exploration and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Newport currently owns. An asset can also be divided into two categories, current and non-current.

Newport Exploration Balance Sheet Chart

At this time, Newport Exploration's Net Tangible Assets are fairly stable compared to the past year. Net Invested Capital is likely to climb to about 5.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 115.9 K in 2024.

Total Assets

Total assets refers to the total amount of Newport Exploration assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Newport Exploration books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Newport Exploration balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Newport Exploration are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash

Cash refers to the most liquid asset of Newport Exploration, which is listed under current asset account on Newport Exploration balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Newport Exploration customers. The amounts must be unrestricted with restricted cash listed in a different Newport Exploration account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Long Term Investments

Long Term Investments is an item on the asset side of Newport Exploration balance sheet that represents investments Newport Exploration intends to hold for over a year. Newport Exploration long term investments may include different instruments such as stocks, bonds, real estate and cash.

Capital Lease Obligations

Newport Exploration capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Newport Exploration asset purchases. For example, Newport Exploration can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Newport Exploration control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most accounts from Newport Exploration's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Newport Exploration current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newport Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Newport Exploration's Net Tangible Assets are fairly stable compared to the past year. Net Invested Capital is likely to climb to about 5.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 115.9 K in 2024.
 2022 2023 2024 (projected)
Short and Long Term Debt Total124.7K143.4K88.3K
Total Assets4.0M4.6M8.2M

Newport Exploration balance sheet Correlations

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0.390.250.42-0.24-0.33-0.1-0.260.15-0.210.410.490.560.42-0.50.20.240.460.460.550.52-0.560.26-0.07-0.290.05
0.840.250.730.370.090.480.54-0.150.370.730.810.090.79-0.230.351.00.820.050.320.160.111.00.27-0.250.3
0.980.420.730.28-0.160.60.270.110.320.960.710.070.95-0.470.380.720.970.180.420.15-0.030.740.41-0.350.3
0.32-0.240.370.280.550.680.81-0.630.970.130.16-0.470.33-0.190.720.370.15-0.620.220.250.640.370.41-0.470.77
-0.1-0.330.09-0.160.550.080.43-0.950.49-0.260.0-0.180.00.430.40.1-0.2-0.140.19-0.180.220.08-0.040.040.45
0.6-0.10.480.60.680.080.62-0.180.690.560.18-0.630.64-0.380.630.480.5-0.580.170.280.750.490.85-0.550.68
0.35-0.260.540.270.810.430.62-0.50.790.130.4-0.40.3-0.030.460.540.22-0.620.00.240.630.530.36-0.380.52
0.050.15-0.150.11-0.63-0.95-0.18-0.5-0.580.22-0.060.16-0.08-0.26-0.52-0.150.160.26-0.27-0.14-0.28-0.14-0.040.16-0.56
0.35-0.210.370.320.970.490.690.79-0.580.150.19-0.440.34-0.240.670.370.17-0.630.20.280.620.370.41-0.470.72
0.950.410.730.960.13-0.260.560.130.220.150.620.060.95-0.420.320.720.970.250.420.11-0.040.740.45-0.30.24
0.770.490.810.710.160.00.180.4-0.060.190.620.450.66-0.250.10.810.780.270.240.19-0.290.81-0.1-0.130.0
0.070.560.090.07-0.47-0.18-0.63-0.40.16-0.440.060.450.030.05-0.440.090.170.710.110.01-0.880.09-0.790.47-0.57
0.960.420.790.950.330.00.640.3-0.080.340.950.660.03-0.380.50.790.940.150.520.230.050.80.48-0.390.43
-0.42-0.5-0.23-0.47-0.190.43-0.38-0.03-0.26-0.24-0.42-0.250.05-0.38-0.48-0.21-0.410.03-0.39-0.450.0-0.25-0.390.56-0.39
0.390.20.350.380.720.40.630.46-0.520.670.320.1-0.440.5-0.480.340.28-0.250.730.340.410.350.65-0.650.98
0.840.241.00.720.370.10.480.54-0.150.370.720.810.090.79-0.210.340.810.050.320.150.111.00.26-0.240.29
0.980.460.820.970.15-0.20.50.220.160.170.970.780.170.94-0.410.280.810.280.40.13-0.110.820.33-0.270.19
0.160.460.050.18-0.62-0.14-0.58-0.620.26-0.630.250.270.710.150.03-0.250.050.280.37-0.42-0.890.05-0.490.5-0.38
0.420.550.320.420.220.190.170.0-0.270.20.420.240.110.52-0.390.730.320.40.370.19-0.20.330.27-0.270.63
0.150.520.160.150.25-0.180.280.24-0.140.280.110.190.010.23-0.450.340.150.13-0.420.190.180.180.27-0.730.32
0.01-0.560.11-0.030.640.220.750.63-0.280.62-0.04-0.29-0.880.050.00.410.11-0.11-0.89-0.20.180.110.73-0.430.55
0.850.261.00.740.370.080.490.53-0.140.370.740.810.090.8-0.250.351.00.820.050.330.180.110.28-0.260.3
0.39-0.070.270.410.41-0.040.850.36-0.040.410.45-0.1-0.790.48-0.390.650.260.33-0.490.270.270.730.28-0.640.7
-0.34-0.29-0.25-0.35-0.470.04-0.55-0.380.16-0.47-0.3-0.130.47-0.390.56-0.65-0.24-0.270.5-0.27-0.73-0.43-0.26-0.64-0.64
0.310.050.30.30.770.450.680.52-0.560.720.240.0-0.570.43-0.390.980.290.19-0.380.630.320.550.30.7-0.64
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Newport Exploration Account Relationship Matchups

Newport Exploration balance sheet Accounts

201920202021202220232024 (projected)
Total Assets8.7M8.1M6.1M4.0M4.6M8.2M
Total Current Liabilities211.9K532.7K541.9K106.0K122.0K115.9K
Total Stockholder Equity8.4M7.6M5.5M3.8M4.4M7.6M
Property Plant And Equipment Net12.9K9.0K188.1K127.1K114.4K108.7K
Net Debt(4.8M)(2.9M)(543.3K)(1.1M)(1.0M)(1.1M)
Retained Earnings(41.4M)(42.5M)(44.7M)(46.3M)(41.7M)(43.8M)
Accounts Payable5.0K16.1K26.9K9.5K8.5K8.1K
Cash4.8M2.9M728.6K1.3M1.4M2.7M
Non Current Assets Total12.9K9.0K188.1K127.1K114.4K108.7K
Cash And Short Term Investments6.8M5.3M3.3M2.7M3.1M5.7M
Net Receivables1.8M2.8M2.6M1.2M1.3M1.4M
Common Stock Shares Outstanding104.8M106.5M106.7M105.6M121.4M67.4M
Short Term Investments2.0M2.4M2.6M1.4M1.6M1.5M
Liabilities And Stockholders Equity8.7M8.1M6.1M4.0M4.6M8.2M
Other Stockholder Equity2.1M1.8M2.4M2.2M2.0M1.9M
Total Liab211.9K532.7K666.6K167.1K192.2K182.6K
Total Current Assets8.6M8.1M5.9M3.9M4.4M7.4M
Accumulated Other Comprehensive Income2.1M1.8M2.4M2.2M2.5M1.8M
Other Current Assets7.2K9.4K15.7K16.2K14.5K13.8K
Other Current Liab206.9K516.5K454.4K33K29.7K28.2K
Net Tangible Assets10.2M8.4M7.6M5.5M4.9M8.1M
Property Plant Equipment5.5K12.9K9.0K188.1K169.3K160.8K
Net Invested Capital8.4M7.6M5.5M3.8M3.4M5.7M
Net Working Capital8.4M7.6M5.4M3.8M3.4M5.4M

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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.