New World Debt To Equity vs. Current Ratio
| 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 Current Ratio vs. Debt To Equity 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 regarded second in debt to equity category among its peers. It is considered to be number one stock in current ratio category among its peers fabricating about 340.31 of Current Ratio per Debt To Equity. 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 Ratio vs. Debt To Equity
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.
New World |
| = | 0.95 % |
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.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
New World |
| = | 323.29 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
New Current Ratio Comparison
New World is currently under evaluation in current ratio 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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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.