New Age Metals Stock Total Debt

NAM Stock  CAD 0.08  0.01  11.11%   
New Age Metals fundamentals help investors to digest information that contributes to New Age's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Age'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 New Age stock.
  
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New Age Metals Company Total Debt Analysis

New Age's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current New Age Total Debt

    
  1.87 M  
Most of New Age's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New Age Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

New Total Debt Driver Correlations

Understanding the fundamental principles of building solid financial models for New Age is extremely important. It helps to project a fair market value of New Stock properly, considering its historical fundamentals such as Total Debt. Since New Age'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 New Age'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 New Age's interrelated accounts and indicators.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

New Net Debt

Net Debt

(4.98 Million)

New Age reported Net Debt of (4.74 Million) in 2023
Based on the latest financial disclosure, New Age Metals has a Total Debt of 1.87 M. This is 99.91% lower than that of the Metals & Mining sector and 99.96% lower than that of the Materials industry. The total debt for all Canada stocks is 99.96% higher than that of the company.

New Total Debt Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Age's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of New Age could also be used in its relative valuation, which is a method of valuing New Age by comparing valuation metrics of similar companies.
New Age is currently under evaluation in total debt category among its peers.

New Age Current Valuation Drivers

We derive many important indicators used in calculating different scores of New Age from analyzing New Age's financial statements. These drivers represent accounts that assess New Age's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of New Age's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap7.2M16.6M20.9M12.2M14.0M14.5M
Enterprise Value5.4M8.0M13.7M8.1M9.3M10.7M

New Fundamentals

About New Age Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze New Age Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Age using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Age Metals 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for New Stock Analysis

When running New Age's price analysis, check to measure New Age'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 New Age is operating at the current time. Most of New Age's value examination focuses on studying past and present price action to predict the probability of New Age's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Age's price. Additionally, you may evaluate how the addition of New Age to your portfolios can decrease your overall portfolio volatility.