New Gold (NGD) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$1.54 B

According to New Gold's latest financial reports the company has NZ$1.54 B 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	$NZ$1.24 B	-17.42%
2022-12-31	$NZ$1.51 B	8.27%
2021-12-31	$NZ$1.39 B	27.18%
2020-12-31	$NZ$1.09 B	-22.99%
2019-12-31	$NZ$1.42 B	1.25%
2018-12-31	$NZ$1.40 B	-53.28%
2017-12-31	$NZ$3.01 B	0.65%
2016-12-31	$NZ$2.99 B	-2.55%
2015-12-31	$NZ$3.07 B	6.08%
2014-12-31	$NZ$2.89 B	-12.58%
2013-12-31	$NZ$3.31 B	1.44%
2012-12-31	$NZ$3.26 B	11.63%
2011-12-31	$NZ$2.92 B	47.79%
2010-12-31	$NZ$1.97 B	-17.58%
2009-12-31	$NZ$2.40 B	-3.93%
2008-12-31	$NZ$2.49 B	287.15%
2007-12-31	$NZ$0.64 B	345.95%
2006-12-31	$NZ$0.14 B	127.6%
2005-12-31	$NZ$63.6 M	83.96%
2004-12-31	$NZ$34.57 M	6.26%
2003-12-31	$NZ$32.53 M	323.24%
2002-12-31	$NZ$7.68 M	-8.7%
2001-12-31	$NZ$8.42 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hecla Mining HL	NZ$3.20 B	107.82%	🇺🇸 USA
Coeur Mining CDE	NZ$1.66 B	8.29%	🇺🇸 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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