New Gold (NGD) - Net assets

Net assets on the balance sheet as of September 2024 : HK$7.74 Billion

According to New Gold's latest financial reports the company has HK$7.74 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	$HK$6.16 B	-17.78%
2022-12-31	$HK$7.49 B	0.58%
2021-12-31	$HK$7.45 B	21.82%
2020-12-31	$HK$6.11 B	-18.27%
2019-12-31	$HK$7.48 B	1.22%
2018-12-31	$HK$7.39 B	-55.75%
2017-12-31	$HK$16.71 B	3.98%
2016-12-31	$HK$16.07 B	-1.21%
2015-12-31	$HK$16.27 B	-7.62%
2014-12-31	$HK$17.61 B	-16.47%
2013-12-31	$HK$21.09 B	1.66%
2012-12-31	$HK$20.74 B	17.03%
2011-12-31	$HK$17.72 B	49.81%
2010-12-31	$HK$11.83 B	-11.84%
2009-12-31	$HK$13.42 B	20.47%
2008-12-31	$HK$11.14 B	186.47%
2007-12-31	$HK$3.88 B	390.35%
2006-12-31	$HK$0.79 B	135.32%
2005-12-31	$HK$0.33 B	75.81%
2004-12-31	$HK$0.19 B	16.94%
2003-12-31	$HK$0.16 B	422.51%
2002-12-31	$HK$31.37 M	15.07%
2001-12-31	$HK$27.26 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hecla Mining HL	HK$15.83 B	104.40%	🇺🇸 USA
Coeur Mining CDE	HK$8.41 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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