New Gold (NGD) - Net assets

Net assets on the balance sheet as of September 2024 : C$1.40 Billion

According to New Gold's latest financial reports the company has C$1.40 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	$C$1.04 B	-19.6%
2022-12-31	$C$1.30 B	6.88%
2021-12-31	$C$1.21 B	21.05%
2020-12-31	$C$1.00 B	-19.84%
2019-12-31	$C$1.25 B	-2.42%
2018-12-31	$C$1.28 B	-52.17%
2017-12-31	$C$2.68 B	-3.45%
2016-12-31	$C$2.78 B	-4.34%
2015-12-31	$C$2.91 B	10.51%
2014-12-31	$C$2.63 B	-8.97%
2013-12-31	$C$2.89 B	8.79%
2012-12-31	$C$2.66 B	14.64%
2011-12-31	$C$2.32 B	52.75%
2010-12-31	$C$1.51 B	-16.55%
2009-12-31	$C$1.82 B	3.9%
2008-12-31	$C$1.75 B	252.3%
2007-12-31	$C$0.49 B	319.09%
2006-12-31	$C$0.11 B	134.6%
2005-12-31	$C$50.61 M	70.81%
2004-12-31	$C$29.63 M	8%
2003-12-31	$C$27.43 M	331.77%
2002-12-31	$C$6.35 M	14.08%
2001-12-31	$C$5.57 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hecla Mining HL	C$2.86 B	104.40%	🇺🇸 USA
Coeur Mining CDE	C$1.52 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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