New Depreciation And Amortization from 2010 to 2025

NGD Stock  USD 3.60  0.02  0.55%   
New Gold's Depreciation And Amortization is increasing over the years with slightly volatile fluctuation. Overall, Depreciation And Amortization is expected to go to about 260.5 M this year. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
1997-09-30
Previous Quarter
58.6 M
Current Value
56.7 M
Quarterly Volatility
27.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check New Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 260.5 M, Interest Expense of 7.4 M or Total Revenue of 970.7 M, as well as many indicators such as Price To Sales Ratio of 1.92, Dividend Yield of 0.0 or PTB Ratio of 1.68. New financial statements analysis is a perfect complement when working with New Gold Valuation or Volatility modules.
  
Check out the analysis of New Gold Correlation against competitors.
For information on how to trade New Stock refer to our How to Trade New Stock guide.

Latest New Gold's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of New Gold over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. New Gold's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Gold's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

New Depreciation And Amortization Regression Statistics

Arithmetic Mean196,453,282
Geometric Mean104,670,191
Coefficient Of Variation37.10
Mean Deviation52,344,726
Median220,600,000
Standard Deviation72,874,567
Sample Variance5310.7T
Range260.5M
R-Value0.71
Mean Square Error2845.7T
R-Squared0.50
Significance0
Slope10,822,222
Total Sum of Squares79660.5T

New Depreciation And Amortization History

2025260.5 M
2024248.1 M
2023244.2 M
2022192.5 M
2021198.9 M
2020209.4 M
2019241.7 M

About New Gold Financial Statements

New Gold stakeholders use historical fundamental indicators, such as New Gold's Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although New Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in New Gold's assets and liabilities are reflected in the revenues and expenses on New Gold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in New Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization248.1 M260.5 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether New Gold is a strong investment it is important to analyze New Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Gold's future performance. For an informed investment choice regarding New Stock, refer to the following important reports:
Check out the analysis of New Gold Correlation against competitors.
For information on how to trade New Stock refer to our How to Trade New Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Gold. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.14
Revenue Per Share
1.229
Quarterly Revenue Growth
0.316
Return On Assets
0.0518
Return On Equity
0.1114
The market value of New Gold is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Gold's value that differs from its market value or its book value, called intrinsic value, which is New Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Gold's market value can be influenced by many factors that don't directly affect New Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.