New Gold Inc (NGD) — Capital Reinvestment Ratio

Latest as of December 2025: 0.21x

New Gold Inc (NGD) has a Capital Reinvestment Ratio of 0.21x as of December 2025, meaning it reinvests 0% of its operating cash flow (CA$333.16 Million) in capital expenditures (CA$68.30 Million). See New Gold Inc (NGD) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

0.21x
Capex / Operating Cash Flow

Operating Cash Flow

CA$333.16 Million
CAD

Capital Expenditures

CA$68.30 Million
CAD

Data as of

Dec 2025
Most recent filing

New Gold Inc Capital Reinvestment Ratio (2000–2025)

This chart tracks New Gold Inc's Capital Reinvestment Ratio across 21 annual periods.

Annual Capital Reinvestment Ratio for New Gold Inc (2000–2025)

Year-by-year Capital Reinvestment Ratio for New Gold Inc from 2000 to 2025. For live market cap and broader valuation context, see New Gold Inc (NGD) total market value.

Year Reinvestment Ratio Operating CF (CAD) Capital Expenditures YoY Change
2025 0.69x CA$873.83 Million CA$603.08 Million ▼ 0.0%
2024 0.69x CA$392.80 Million CA$271.10 Million ▼ -25.4%
2023 0.92x CA$287.60 Million CA$265.90 Million ▼ -39.8%
2022 1.54x CA$190.70 Million CA$292.90 Million ▲ +101.0%
2021 0.76x CA$323.70 Million CA$247.30 Million ▼ -20.8%
2020 0.96x CA$294.80 Million CA$284.20 Million ▲ +0.3%
2019 0.96x CA$263.50 Million CA$253.30 Million ▲ +10.2%
2018 0.87x CA$245.10 Million CA$213.90 Million ▼ -47.3%
2017 1.66x CA$342.20 Million CA$567.00 Million ▼ -17.5%
2016 2.01x CA$282.20 Million CA$567.00 Million ▲ +35.5%
2015 1.48x CA$262.60 Million CA$389.50 Million ▲ +42.7%
2014 1.04x CA$268.80 Million CA$279.30 Million ▼ -38.3%
2013 1.68x CA$171.90 Million CA$289.30 Million ▼ -24.0%
2012 2.21x CA$235.80 Million CA$522.00 Million ▲ +22.8%
2011 1.80x CA$229.53 Million CA$413.62 Million ▲ +118.1%
2010 0.83x CA$180.56 Million CA$149.16 Million ▼ -37.4%
2009 1.32x CA$84.56 Million CA$111.52 Million ▼ -75.7%
2008 5.42x CA$24.68 Million CA$133.87 Million ▲ +431.2%
2004 1.02x CA$367.98K CA$375.70K ▼ -95.0%
2002 20.59x CA$37.39K CA$770.04K ▼ -95.8%
2000 484.96x CA$1.02K CA$493.53K
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow