New Gold (NGD) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$1.69 Billion

According to New Gold's latest financial reports the company has NZ$1.69 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	$NZ$1.24 B	-17.42%
2022-12-31	$NZ$1.51 B	7.99%
2021-12-31	$NZ$1.39 B	27.93%
2020-12-31	$NZ$1.09 B	-23.36%
2019-12-31	$NZ$1.42 B	1.37%
2018-12-31	$NZ$1.40 B	-53.26%
2017-12-31	$NZ$3.01 B	0.65%
2016-12-31	$NZ$2.99 B	-2.44%
2015-12-31	$NZ$3.06 B	5.83%
2014-12-31	$NZ$2.89 B	-12.42%
2013-12-31	$NZ$3.30 B	1.73%
2012-12-31	$NZ$3.25 B	11.25%
2011-12-31	$NZ$2.92 B	48.38%
2010-12-31	$NZ$1.97 B	-17.31%
2009-12-31	$NZ$2.38 B	-4.07%
2008-12-31	$NZ$2.48 B	281.53%
2007-12-31	$NZ$0.65 B	349.86%
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$3.37 B	98.56%	🇺🇸 USA
Coeur Mining CDE	NZ$1.84 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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