New Gold (NGD) - Net assets

Net assets on the balance sheet as of September 2024 : A$1.54 Billion

According to New Gold's latest financial reports the company has A$1.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

New Gold - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.15 B	-17.84%
2022-12-31	$A$1.40 B	6.94%
2021-12-31	$A$1.31 B	28.45%
2020-12-31	$A$1.02 B	-25.24%
2019-12-31	$A$1.37 B	2.41%
2018-12-31	$A$1.34 B	-51.08%
2017-12-31	$A$2.74 B	-4.72%
2016-12-31	$A$2.87 B	-0.21%
2015-12-31	$A$2.88 B	3.85%
2014-12-31	$A$2.77 B	-8.99%
2013-12-31	$A$3.04 B	18.39%
2012-12-31	$A$2.57 B	15.7%
2011-12-31	$A$2.22 B	48.71%
2010-12-31	$A$1.49 B	-22.32%
2009-12-31	$A$1.92 B	-5.71%
2008-12-31	$A$2.04 B	258.19%
2007-12-31	$A$0.57 B	341.02%
2006-12-31	$A$0.12 B	117.75%
2005-12-31	$A$59.41 M	86.36%
2004-12-31	$A$31.87 M	12.03%
2003-12-31	$A$28.45 M	298.46%
2002-12-31	$A$7.14 M	4.23%
2001-12-31	$A$6.85 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hecla Mining HL	A$3.14 B	104.40%	🇺🇸 USA
Coeur Mining CDE	A$1.67 B	8.62%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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