New Historical Balance Sheet

NGD Stock

USD 3.22 0.11 3.30%

Trend analysis of New Gold balance sheet accounts such as Total Current Liabilities of 112.1 M provides information on New Gold's total assets, liabilities, and equity, which is the actual value of New Gold to its prevalent stockholders. By breaking down trends over time using New Gold 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.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining New Gold 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 New Gold is a good buy for the upcoming year.

New Gold Inventory

100.95 Million

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For information on how to trade New Stock refer to our How to Trade New Stock guide.

About New Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of New Gold at a specified time, usually calculated after every quarter, six months, or one year. New Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of New Gold 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 New currently owns. An asset can also be divided into two categories, current and non-current.

New Gold Balance Sheet Chart

At present, New Gold's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 1.1 B, whereas Total Current Liabilities is forecasted to decline to about 112.1 M.

Short Long Term Debt Total Total Current Liabilities Retained Earnings Cash And Short Term Investments

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Total Current Liabilities

Total Current Liabilities is an item on New Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of New Gold 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of New Gold balance sheet. This account contains New Gold investments that will expire within one year. These investments include stocks and bonds that can be liquidated by New Gold fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most accounts from New Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into New Gold 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 New Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For information on how to trade New Stock refer to our How to Trade New Stock guide.At present, New Gold's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 1.1 B, whereas Total Current Liabilities is forecasted to decline to about 112.1 M.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	404.8M	401.2M	399.7M	490.6M
Total Assets	2.2B	2.3B	2.0B	2.0B

Short Long Term Debt Total Total Assets

New Gold balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Short Term Investments	Other Assets	Other Liab	Net Tangible Assets	Long Term Debt	Common Stock Total Equity	Inventory
Total Assets		0.8	-0.05	0.36	0.95	0.99	0.41	0.42	0.46	0.69	0.99	0.65	0.58	0.16	0.83	0.12	0.83	0.81	0.75	0.13	0.83	-0.01	0.92	0.81	0.38	0.88
Short Long Term Debt Total	0.8		-0.26	0.15	0.67	0.8	0.81	0.14	0.55	0.39	0.81	0.35	0.53	0.23	0.85	-0.32	0.82	0.56	0.4	-0.08	0.74	-0.01	0.59	1.0	0.41	0.86
Other Current Liab	-0.05	-0.26		0.67	-0.07	-0.01	-0.32	-0.39	-0.49	0.05	-0.05	0.06	-0.34	0.53	-0.09	0.41	0.0	-0.02	-0.11	0.12	-0.39	0.43	0.0	-0.27	0.5	-0.18
Total Current Liabilities	0.36	0.15	0.67		0.21	0.4	0.04	-0.36	0.22	0.19	0.36	0.21	0.04	0.62	0.43	0.37	0.52	0.26	0.01	0.19	-0.01	0.54	0.27	0.14	0.65	0.29
Total Stockholder Equity	0.95	0.67	-0.07	0.21		0.94	0.27	0.62	0.33	0.69	0.94	0.64	0.53	-0.03	0.61	0.27	0.6	0.77	0.86	0.01	0.82	-0.2	0.99	0.69	0.21	0.78
Property Plant And Equipment Net	0.99	0.8	-0.01	0.4	0.94		0.47	0.38	0.45	0.61	1.0	0.57	0.55	0.18	0.82	0.16	0.83	0.74	0.73	0.08	0.81	0.0	0.92	0.81	0.41	0.88
Net Debt	0.41	0.81	-0.32	0.04	0.27	0.47		-0.09	0.49	-0.23	0.49	-0.26	0.33	0.17	0.58	-0.39	0.55	-0.02	0.07	-0.37	0.5	0.02	0.2	0.8	0.3	0.6
Retained Earnings	0.42	0.14	-0.39	-0.36	0.62	0.38	-0.09		0.0	0.41	0.41	0.35	0.22	-0.78	0.0	0.3	-0.05	0.34	0.75	-0.18	0.65	-0.65	0.63	0.17	-0.62	0.18
Accounts Payable	0.46	0.55	-0.49	0.22	0.33	0.45	0.49	0.0		0.13	0.48	0.11	0.46	0.2	0.58	-0.17	0.57	0.28	0.03	-0.06	0.47	0.25	0.3	0.54	0.28	0.57
Cash	0.69	0.39	0.05	0.19	0.69	0.61	-0.23	0.41	0.13		0.59	0.99	0.38	0.06	0.51	0.09	0.5	0.97	0.6	0.47	0.46	-0.09	0.68	0.4	0.17	0.49
Non Current Assets Total	0.99	0.81	-0.05	0.36	0.94	1.0	0.49	0.41	0.48	0.59		0.55	0.56	0.15	0.82	0.13	0.82	0.73	0.74	0.05	0.85	0.0	0.92	0.83	0.37	0.88
Cash And Short Term Investments	0.65	0.35	0.06	0.21	0.64	0.57	-0.26	0.35	0.11	0.99	0.55		0.37	0.1	0.51	0.08	0.5	0.96	0.54	0.55	0.4	-0.04	0.62	0.36	0.19	0.45
Net Receivables	0.58	0.53	-0.34	0.04	0.53	0.55	0.33	0.22	0.46	0.38	0.56	0.37		0.05	0.54	-0.04	0.51	0.53	0.55	0.25	0.59	0.06	0.49	0.54	0.2	0.45
Common Stock Shares Outstanding	0.16	0.23	0.53	0.62	-0.03	0.18	0.17	-0.78	0.2	0.06	0.15	0.1	0.05		0.39	-0.14	0.45	0.16	-0.32	0.26	-0.24	0.74	-0.05	0.2	0.96	0.3
Non Current Liabilities Total	0.83	0.85	-0.09	0.43	0.61	0.82	0.58	0.0	0.58	0.51	0.82	0.51	0.54	0.39		-0.24	0.99	0.68	0.38	0.31	0.67	0.29	0.56	0.85	0.52	0.82
Other Stockholder Equity	0.12	-0.32	0.41	0.37	0.27	0.16	-0.39	0.3	-0.17	0.09	0.13	0.08	-0.04	-0.14	-0.24		-0.18	0.03	0.34	0.03	-0.08	-0.16	0.39	-0.31	-0.04	-0.1
Total Liab	0.83	0.82	0.0	0.52	0.6	0.83	0.55	-0.05	0.57	0.5	0.82	0.5	0.51	0.45	0.99	-0.18		0.67	0.36	0.32	0.63	0.34	0.56	0.82	0.57	0.81
Total Current Assets	0.81	0.56	-0.02	0.26	0.77	0.74	-0.02	0.34	0.28	0.97	0.73	0.96	0.53	0.16	0.68	0.03	0.67		0.64	0.48	0.57	-0.02	0.74	0.57	0.3	0.66
Short Term Debt	0.75	0.4	-0.11	0.01	0.86	0.73	0.07	0.75	0.03	0.6	0.74	0.54	0.55	-0.32	0.38	0.34	0.36	0.64		0.06	0.78	-0.37	0.86	0.43	-0.1	0.52
Short Term Investments	0.13	-0.08	0.12	0.19	0.01	0.08	-0.37	-0.18	-0.06	0.47	0.05	0.55	0.25	0.26	0.31	0.03	0.32	0.48	0.06		-0.08	0.36	0.0	-0.08	0.19	-0.04
Other Assets	0.83	0.74	-0.39	-0.01	0.82	0.81	0.5	0.65	0.47	0.46	0.85	0.4	0.59	-0.24	0.67	-0.08	0.63	0.57	0.78	-0.08		-0.15	0.78	0.76	-0.04	0.7
Other Liab	-0.01	-0.01	0.43	0.54	-0.2	0.0	0.02	-0.65	0.25	-0.09	0.0	-0.04	0.06	0.74	0.29	-0.16	0.34	-0.02	-0.37	0.36	-0.15		-0.21	-0.03	0.64	-0.03
Net Tangible Assets	0.92	0.59	0.0	0.27	0.99	0.92	0.2	0.63	0.3	0.68	0.92	0.62	0.49	-0.05	0.56	0.39	0.56	0.74	0.86	0.0	0.78	-0.21		0.61	0.2	0.74
Long Term Debt	0.81	1.0	-0.27	0.14	0.69	0.81	0.8	0.17	0.54	0.4	0.83	0.36	0.54	0.2	0.85	-0.31	0.82	0.57	0.43	-0.08	0.76	-0.03	0.61		0.39	0.87
Common Stock Total Equity	0.38	0.41	0.5	0.65	0.21	0.41	0.3	-0.62	0.28	0.17	0.37	0.19	0.2	0.96	0.52	-0.04	0.57	0.3	-0.1	0.19	-0.04	0.64	0.2	0.39		0.49
Inventory	0.88	0.86	-0.18	0.29	0.78	0.88	0.6	0.18	0.57	0.49	0.88	0.45	0.45	0.3	0.82	-0.1	0.81	0.66	0.52	-0.04	0.7	-0.03	0.74	0.87	0.49

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New Gold Account Relationship Matchups

New Gold balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.3B	2.5B	2.2B	2.3B	2.0B	2.0B
Short Long Term Debt Total	518.3M	511.3M	404.8M	401.2M	399.7M	490.6M
Other Current Liab	117.1M	120.9M	109.4M	162.6M	158.5M	166.4M
Total Current Liabilities	158.7M	172.9M	171.2M	229M	196.6M	112.1M
Total Stockholder Equity	789.3M	955.9M	959.5M	785.2M	1.1B	1.1B
Property Plant And Equipment Net	1.8B	1.8B	1.9B	1.9B	1.7B	1.6B
Net Debt	322.4M	20.2M	195.4M	215.7M	294.5M	199.0M
Retained Earnings	(2.4B)	(2.2B)	(2.3B)	(2.3B)	(2.4B)	(2.2B)
Accounts Payable	41.6M	52M	61.8M	63.8M	36.9M	41.1M
Cash	186.3M	481.5M	200.8M	185.5M	105.2M	201.1M
Non Current Assets Total	1.8B	1.8B	1.9B	1.9B	1.7B	1.7B
Cash And Short Term Investments	231.7M	541M	236.4M	192.6M	110.3M	207.1M
Net Receivables	82M	30.1M	15.9M	10.2M	25M	27.6M
Common Stock Shares Outstanding	676.3M	682.4M	681.9M	684M	758.4M	796.3M
Liabilities And Stockholders Equity	2.3B	2.5B	2.2B	2.3B	2.0B	2.0B
Non Current Liabilities Total	1.3B	1.3B	1.1B	1.3B	754.9M	771.1M
Other Stockholder Equity	106.7M	107.5M	107.8M	106.4M	106.2M	100.9M
Total Liab	1.5B	1.5B	1.3B	1.5B	951.5M	883.2M
Total Current Assets	418.8M	686.3M	377.5M	351.8M	274.1M	329.9M
Short Term Debt	9.6M	9.6M	8.6M	2.6M	700K	665K
Short Term Investments	45.4M	59.5M	35.6M	7.1M	5.1M	4.8M
Other Assets	3M	2.6M	2.1M	(1.8M)	(2.1M)	(2.0M)
Accumulated Other Comprehensive Income	(116.8M)	(93M)	(24.6M)	(135.2M)	(31.2M)	(32.8M)
Other Liab	286.9M	793.4M	846.3M	716.6M	824.1M	865.3M
Net Tangible Assets	961.3M	789.3M	955.9M	959.5M	1.1B	1.1B
Long Term Debt	489.2M	491M	394.9M	396M	397M	453.2M
Inventory	93.3M	101M	115.7M	126.7M	118.7M	101.0M
Other Current Assets	12.7M	14.8M	11.3M	22.3M	20.1M	21.1M
Common Stock	3.2B	3.2B	3.2B	3.1B	3.3B	2.2B
Property Plant Equipment	1.9B	1.8B	1.8B	1.9B	2.1B	1.8B
Non Currrent Assets Other	3M	2.6M	2.1M	2.1M	33.9M	37.8M
Current Deferred Revenue	(9.6M)	(9.6M)	(8.6M)	1.0	0.9	0.95
Long Term Debt Total	738.4M	508.7M	501.7M	396.2M	356.6M	552.2M
Capital Surpluse	105.7M	106.7M	107.5M	107.8M	124.0M	115.7M
Non Current Liabilities Other	9M	3.7M	4.8M	3.4M	7.9M	5.1M

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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.

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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:

How To Invest In New

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Is New Stock a good investment?

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What is New Gold's Net Worth?

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Largest Metals & Mining Companies

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Largest Materials Companies

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For information on how to trade New Stock refer to our How to Trade New Stock guide.

You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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.

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New Historical Balance Sheet

New Gold Inventory

100.95 Million

About New Balance Sheet Analysis

New Gold Balance Sheet Chart

Total Current Liabilities

Retained Earnings

Cash And Short Term Investments

New Gold balance sheet Correlations

New Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

New Gold balance sheet Accounts

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MAIN CATEGORIES

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Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Cash

Common Stock Shares Outstanding	- 0.78	Retained Earnings
Other Liab	- 0.65	Retained Earnings
Common Stock Total Equity	- 0.62	Retained Earnings
Accounts Payable	- 0.49	Other Current Liab
Other Stockholder Equity	- 0.39	Net Debt
Other Assets	- 0.39	Other Current Liab