New World Current Valuation vs. Cash And Equivalents
| NWGC Stock | USD 0.0001 0.00 0.00% |
For New World profitability analysis, we use financial ratios and fundamental drivers that measure the ability of New World to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well New World Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between New World's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of New World Gold over time as well as its relative position and ranking within its peers.
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New World Gold Cash And Equivalents vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining New World's current stock value. Our valuation model uses many indicators to compare New World value to that of its competitors to determine the firm's financial worth. New World Gold is rated below average in current valuation category among its peers. It is rated below average in cash and equivalents category among its peers creating about 0.08 of Cash And Equivalents per Current Valuation. The ratio of Current Valuation to Cash And Equivalents for New World Gold is roughly 13.05 . Comparative valuation analysis is a catch-all model that can be used if you cannot value New World by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for New World's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.New Current Valuation vs. Competition
New World Gold is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Gold industry is now estimated at about 219.15 Million. New World maintains roughly 2.06 Million in current valuation contributing less than 1% to equities under Gold industry.
New Cash And Equivalents vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
New World |
| = | 2.06 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
New World |
| = | 158.1 K |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
New Cash And Equivalents Comparison
New World is currently under evaluation in cash and equivalents category among its peers.
New World Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in New World, profitability is also one of the essential criteria for including it into their portfolios because, without profit, New World will eventually generate negative long term returns. The profitability progress is the general direction of New World's change in net profit over the period of time. It can combine multiple indicators of New World, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
New World Gold Corporation engages in gold ore exploration business. New World Gold Corporation was incorporated in 1998 and is based in Boca Raton, Florida. New World operates under Gold classification in the United States and is traded on OTC Exchange. It employs 2 people.
New Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on New World. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of New World position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the New World's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your New World position
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Robots And Drones
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Other Information on Investing in New Pink Sheet
To fully project New World's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of New World Gold at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include New World's income statement, its balance sheet, and the statement of cash flows.