New Gold (NGD) - Net assets

Net assets on the balance sheet as of September 2024 : S$1.35 Billion

According to New Gold's latest financial reports the company has S$1.35 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	$S$1.04 B	-18.97%
2022-12-31	$S$1.28 B	-0.46%
2021-12-31	$S$1.29 B	23.76%
2020-12-31	$S$1.04 B	-19.43%
2019-12-31	$S$1.29 B	0.44%
2018-12-31	$S$1.29 B	-54.91%
2017-12-31	$S$2.86 B	-4.63%
2016-12-31	$S$3.00 B	1.03%
2015-12-31	$S$2.96 B	-1.04%
2014-12-31	$S$3.00 B	-12.91%
2013-12-31	$S$3.44 B	5.28%
2012-12-31	$S$3.27 B	10.73%
2011-12-31	$S$2.95 B	50.92%
2010-12-31	$S$1.95 B	-19.41%
2009-12-31	$S$2.43 B	17.86%
2008-12-31	$S$2.06 B	187.26%
2007-12-31	$S$0.71 B	359.01%
2006-12-31	$S$0.15 B	116.05%
2005-12-31	$S$72.37 M	79.84%
2004-12-31	$S$40.24 M	12%
2003-12-31	$S$35.93 M	414.75%
2002-12-31	$S$6.98 M	7.85%
2001-12-31	$S$6.47 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hecla Mining HL	S$2.76 B	104.40%	🇺🇸 USA
Coeur Mining CDE	S$1.46 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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