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New Gold (TSE:NGD)
TSX:NGD
Canadian Market
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New Gold (NGD) Ratios

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New Gold Ratios

TSE:NGD's free cash flow for Q2 2025 was $0.43. For the 2025 fiscal year, TSE:NGD's free cash flow was decreased by $ and operating cash flow was $0.27. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.89 1.54 2.21 3.97 2.64
Quick Ratio
0.62 0.98 1.53 3.39 2.05
Cash Ratio
0.51 0.81 1.17 2.78 1.17
Solvency Ratio
0.29 0.11 0.10 0.22 0.08
Operating Cash Flow Ratio
1.15 1.26 1.11 1.87 1.86
Short-Term Operating Cash Flow Coverage
4.50 0.00 0.00 0.00 0.00
Net Current Asset Value
$ -968.35M$ -1.15B$ -906.50M$ -834.60M$ -1.04B
Leverage Ratios
Debt-to-Assets Ratio
0.27 0.18 0.18 0.20 0.23
Debt-to-Equity Ratio
0.60 0.51 0.41 0.52 0.64
Debt-to-Capital Ratio
0.37 0.34 0.29 0.34 0.39
Long-Term Debt-to-Capital Ratio
0.33 0.33 0.29 0.34 0.38
Financial Leverage Ratio
2.23 2.90 2.34 2.59 2.85
Debt Service Coverage Ratio
2.86 25.37 9.89 10.71 3.31
Interest Coverage Ratio
8.54 8.83 -1.03 4.85 1.65
Debt to Market Cap
0.18 0.40 0.60 0.48 0.34
Interest Debt Per Share
0.88 0.60 0.62 0.78 0.84
Net Debt to EBITDA
1.00 1.18 1.10 0.06 1.92
Profitability Margins
Gross Profit Margin
33.66%42.73%12.92%23.14%17.16%
EBIT Margin
18.16%-6.64%-7.16%25.30%-4.18%
EBITDA Margin
41.70%23.25%29.37%43.31%26.06%
Operating Profit Margin
26.89%7.86%-3.04%18.42%12.65%
Pretax Profit Margin
15.45%-7.53%-10.82%21.50%-11.66%
Net Profit Margin
14.11%-8.20%-11.05%18.86%-12.33%
Continuous Operations Profit Margin
14.11%-8.20%-11.05%18.86%-12.33%
Net Income Per EBT
91.28%108.95%102.14%87.71%105.73%
EBT Per EBIT
57.47%-95.79%355.43%116.75%-92.14%
Return on Assets (ROA)
5.92%-2.82%-2.98%5.68%-3.52%
Return on Equity (ROE)
13.96%-8.17%-6.96%14.71%-10.05%
Return on Capital Employed (ROCE)
13.76%3.00%-0.89%5.96%3.89%
Return on Invested Capital (ROIC)
11.90%3.27%-0.91%5.23%4.12%
Return on Tangible Assets
5.92%-2.82%-2.98%5.68%-3.52%
Earnings Yield
4.04%-6.51%-10.19%13.82%-5.46%
Efficiency Ratios
Receivables Turnover
38.27 77.11 137.36 24.77 7.85
Payables Turnover
16.97 7.03 8.52 11.02 12.81
Inventory Turnover
5.71 3.55 4.55 5.67 5.71
Fixed Asset Turnover
0.51 0.41 0.32 0.42 0.35
Asset Turnover
0.42 0.34 0.27 0.30 0.29
Working Capital Turnover Ratio
21.94 4.78 1.68 1.93 4.06
Cash Conversion Cycle
51.98 55.46 40.04 45.95 81.92
Days of Sales Outstanding
9.54 4.73 2.66 14.74 46.52
Days of Inventory Outstanding
63.95 102.68 80.24 64.34 63.89
Days of Payables Outstanding
21.51 51.95 42.86 33.12 28.49
Operating Cycle
73.49 107.41 82.90 79.07 110.41
Cash Flow Ratios
Operating Cash Flow Per Share
0.64 0.42 0.29 0.48 0.45
Free Cash Flow Per Share
-0.11 0.03 -0.15 0.11 0.02
CapEx Per Share
0.75 0.39 0.44 0.36 0.43
Free Cash Flow to Operating Cash Flow
-0.17 0.08 -0.54 0.24 0.04
Dividend Paid and CapEx Coverage Ratio
0.86 1.08 0.65 1.31 1.04
Capital Expenditure Coverage Ratio
0.86 1.08 0.65 1.31 1.04
Operating Cash Flow Coverage Ratio
0.77 0.72 0.48 0.65 0.58
Operating Cash Flow to Sales Ratio
0.49 0.37 0.32 0.43 0.46
Free Cash Flow Yield
-2.38%2.19%-15.59%7.51%0.73%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
24.77 -15.35 -9.81 7.24 -18.31
Price-to-Sales (P/S) Ratio
3.49 1.26 1.08 1.36 2.26
Price-to-Book (P/B) Ratio
3.28 1.25 0.68 1.06 1.84
Price-to-Free Cash Flow (P/FCF) Ratio
-41.96 45.63 -6.41 13.32 136.99
Price-to-Operating Cash Flow Ratio
7.09 3.44 3.44 3.14 4.93
Price-to-Earnings Growth (PEG) Ratio
4.21 2.69 0.07 -0.03 0.00
Price-to-Fair Value
3.28 1.25 0.68 1.06 1.84
Enterprise Value Multiple
9.38 6.59 4.79 3.21 10.58
Enterprise Value
4.05B 1.21B 850.80M 1.04B 1.77B
EV to EBITDA
9.38 6.59 4.79 3.21 10.58
EV to Sales
3.91 1.53 1.41 1.39 2.76
EV to Free Cash Flow
-47.00 55.57 -8.32 13.58 167.41
EV to Operating Cash Flow
7.94 4.19 4.46 3.21 6.02
Tangible Book Value Per Share
1.39 1.15 1.44 1.40 1.19
Shareholders’ Equity Per Share
1.39 1.15 1.44 1.40 1.19
Tax and Other Ratios
Effective Tax Rate
0.09 -0.09 -0.02 0.12 -0.06
Revenue Per Share
1.31 1.15 0.90 1.10 0.97
Net Income Per Share
0.18 -0.09 -0.10 0.21 -0.12
Tax Burden
0.91 1.09 1.02 0.88 1.06
Interest Burden
0.85 1.13 1.51 0.85 2.79
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.03 0.04 0.04 0.03 0.04
Stock-Based Compensation to Revenue
<0.01 0.01 <0.01 <0.01 <0.01
Income Quality
3.49 -4.46 -2.85 2.30 -3.72
Currency in USD
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