New Gold Inc (NGD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, New Gold Inc (NGD) has a cash flow conversion efficiency ratio of 0.175x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$333.16 Million ≈ $241.00 Million USD) by net assets (CA$1.91 Billion ≈ $1.38 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NGD equity financing ratio to measure how much of total assets are equity-financed.
New Gold Inc - Cash Flow Conversion Efficiency Trend (1997–2025)
This chart illustrates how New Gold Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is New Gold Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
New Gold Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of New Gold Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CAR Group Ltd
AU:CAR
|
0.079x |
|
Compeq Manufacturing Co Ltd
TW:2313
|
0.043x |
|
Changjiang Securities Co Ltd
SHE:000783
|
0.314x |
|
Molina Healthcare Inc
NYSE:MOH
|
-0.073x |
|
Cidara Therapeutics Inc
NASDAQ:CDTX
|
-0.096x |
|
RATIONAL UN.ADR 1/ 1/20
F:RAA1
|
0.096x |
|
Definity Financial Corp
TO:DFY
|
-0.030x |
|
Enersys
NYSE:ENS
|
0.097x |
Annual Cash Flow Conversion Efficiency for New Gold Inc (1997–2025)
The table below shows the annual cash flow conversion efficiency of New Gold Inc from 1997 to 2025. For the full company profile with market capitalisation and key ratios, see New Gold Inc (NGD) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$1.91 Billion ≈ $1.38 Billion |
CA$873.83 Million ≈ $632.12 Million |
0.458x | +22.66% |
| 2024-12-31 | CA$1.05 Billion ≈ $761.22 Million |
CA$392.80 Million ≈ $284.15 Million |
0.373x | +2.43% |
| 2023-12-31 | CA$789.20 Million ≈ $570.90 Million |
CA$287.60 Million ≈ $208.05 Million |
0.364x | +83.36% |
| 2022-12-31 | CA$959.50 Million ≈ $694.09 Million |
CA$190.70 Million ≈ $137.95 Million |
0.199x | -41.31% |
| 2021-12-31 | CA$955.90 Million ≈ $691.48 Million |
CA$323.70 Million ≈ $234.16 Million |
0.339x | -9.33% |
| 2020-12-31 | CA$789.30 Million ≈ $570.97 Million |
CA$294.80 Million ≈ $213.25 Million |
0.373x | +36.26% |
| 2019-12-31 | CA$961.30 Million ≈ $695.39 Million |
CA$263.50 Million ≈ $190.61 Million |
0.274x | +7.28% |
| 2018-12-31 | CA$959.30 Million ≈ $693.94 Million |
CA$245.10 Million ≈ $177.30 Million |
0.255x | +59.74% |
| 2017-12-31 | CA$2.14 Billion ≈ $1.55 Billion |
CA$342.20 Million ≈ $247.54 Million |
0.160x | +18.05% |
| 2016-12-31 | CA$2.08 Billion ≈ $1.51 Billion |
CA$282.20 Million ≈ $204.14 Million |
0.135x | +8.33% |
| 2015-12-31 | CA$2.10 Billion ≈ $1.52 Billion |
CA$262.60 Million ≈ $189.96 Million |
0.125x | +5.68% |
| 2014-12-31 | CA$2.27 Billion ≈ $1.64 Billion |
CA$268.80 Million ≈ $194.45 Million |
0.118x | +87.26% |
| 2013-12-31 | CA$2.72 Billion ≈ $1.97 Billion |
CA$171.90 Million ≈ $124.35 Million |
0.063x | -28.26% |
| 2012-12-31 | CA$2.68 Billion ≈ $1.94 Billion |
CA$235.80 Million ≈ $170.57 Million |
0.088x | -12.40% |
| 2011-12-31 | CA$2.28 Billion ≈ $1.65 Billion |
CA$229.53 Million ≈ $166.04 Million |
0.101x | +5.44% |
| 2010-12-31 | CA$1.89 Billion ≈ $1.37 Billion |
CA$180.56 Million ≈ $130.62 Million |
0.095x | +95.25% |
| 2009-12-31 | CA$1.73 Billion ≈ $1.25 Billion |
CA$84.56 Million ≈ $61.17 Million |
0.049x | +185.31% |
| 2008-12-31 | CA$1.44 Billion ≈ $1.04 Billion |
CA$24.68 Million ≈ $17.86 Million |
0.017x | +136.32% |
| 2007-12-31 | CA$209.54 Million ≈ $151.58 Million |
CA$-9.88 Million ≈ $-7.14 Million |
-0.047x | -273.78% |
| 2006-12-31 | CA$101.98 Million ≈ $73.77 Million |
CA$-1.29 Million ≈ $-930.30K |
-0.013x | -2097.78% |
| 2005-12-31 | CA$28.90 Million ≈ $20.91 Million |
CA$-16.59K ≈ $-12.00K |
-0.001x | -103.85% |
| 2004-12-31 | CA$24.67 Million ≈ $17.85 Million |
CA$367.98K ≈ $266.19K |
0.015x | +261.98% |
| 2003-12-31 | CA$21.15 Million ≈ $15.30 Million |
CA$-194.77K ≈ $-140.89K |
-0.009x | -199.08% |
| 2002-12-31 | CA$4.02 Million ≈ $2.91 Million |
CA$37.39K ≈ $27.05K |
0.009x | +208.60% |
| 2001-12-31 | CA$3.50 Million ≈ $2.53 Million |
CA$-29.92K ≈ $-21.65K |
-0.009x | -3747.50% |
| 2000-12-31 | CA$4.34 Million ≈ $3.14 Million |
CA$1.02K ≈ $736.17 |
0.000x | +100.30% |
| 1999-12-31 | CA$731.99K ≈ $529.51K |
CA$-57.11K ≈ $-41.31K |
-0.078x | +4.33% |
| 1998-12-31 | CA$542.84K ≈ $392.68K |
CA$-44.27K ≈ $-32.02K |
-0.082x | -159.49% |
| 1997-12-31 | CA$547.64K ≈ $396.15K |
CA$-17.21K ≈ $-12.45K |
-0.031x | -- |
About New Gold Inc
New Gold Inc. engages in the development and operation of mineral properties in Canada. Its products include gold, silver, and copper. The company also engages in mineral exploration, development, and operation of mining assets, including projects such as the Rainy River mine and the New Afton mine. New Gold Inc. was formerly known as DRC Resources Corporation and changed its name to New Gold Inc… Read more