New Gold Inc (NGD) — Cash Flow Quality Index
Latest as of December 2025:
0.49x
New Gold Inc (NGD) has a Cash Flow Quality Index of 0.49x as of December 2025. Operating cash flow of CA$333.16 Million is below net income of CA$673.90 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of New Gold Inc to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.49x
Operating CF / Net Income
Operating Cash Flow
CA$333.16 Million
CAD
Net Income
CA$673.90 Million
CAD
Data as of
Dec 2025
Most recent filing
New Gold Inc Cash Flow Quality Index (2011–2025)
Historical Cash Flow Quality Index for New Gold Inc across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NGD operating cash flow.
Annual Cash Flow Quality Index for New Gold Inc (2011–2025)
Year-by-year earnings quality comparison for New Gold Inc.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.00x | CA$873.83 Million | CA$872.92 Million | ▼ -73.9% |
| 2024 | 3.83x | CA$392.80 Million | CA$102.60 Million | ▲ +66.3% |
| 2021 | 2.30x | CA$323.70 Million | CA$140.60 Million | ▼ -97.8% |
| 2016 | 104.52x | CA$282.20 Million | CA$2.70 Million | ▲ +8720.7% |
| 2012 | 1.18x | CA$235.80 Million | CA$199.00 Million | ▼ -7.6% |
| 2011 | 1.28x | CA$229.53 Million | CA$179.03 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.