New Gold Inc (NGD) — Cash Flow Quality Index
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 New Gold Inc cash conversion from operations to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. Check NGD total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for New Gold Inc (2011–2025)
Year-by-year earnings quality comparison for New Gold Inc. For live market cap and the full company financial profile, see NGD market cap overview.
| 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 | — |