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 0.227x as of September 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$280.77 Million ≈ $203.10 Million USD) by net assets (CA$1.24 Billion ≈ $895.83 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
New Gold Inc - Cash Flow Conversion Efficiency Trend (1997–2024)
This chart illustrates how New Gold Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read New Gold Inc (NGD) total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Abivax SA
PA:ABVX
|
-0.139x |
|
Molina Healthcare Inc
NYSE:MOH
|
-0.073x |
|
Schaeffler India Limited
NSE:SCHAEFFLER
|
0.131x |
|
Zhongtai Securities Co Ltd
SHG:600918
|
-0.252x |
|
Cidara Therapeutics Inc
NASDAQ:CDTX
|
-0.096x |
|
RATIONAL UN.ADR 1/ 1/20
F:RAA1
|
N/A |
|
HealthEquity Inc
NASDAQ:HQY
|
0.056x |
|
Nippon Life India Asset Management Limited
NSE:NAM-INDIA
|
0.003x |
Annual Cash Flow Conversion Efficiency for New Gold Inc (1997–2024)
The table below shows the annual cash flow conversion efficiency of New Gold Inc from 1997 to 2024. For the full company profile with market capitalisation and key ratios, see NGD market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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., an intermediate gold mining company, engages in the development and operation of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia. New Gold Inc. … Read more