New Gold Inc (NGD) — Cash Flow-to-Debt Ratio
New Gold Inc (NGD) has a Cash Flow-to-Debt Ratio of 0.26x as of December 2025, meaning its operating cash flow of CA$333.16 Million could theoretically repay 0% of its total liabilities (CA$1.27 Billion) in one year. See NGD free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
New Gold Inc Cash Flow-to-Debt Ratio (1997–2025)
Historical debt coverage capacity for New Gold Inc across 29 annual periods. Also explore NGD net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for New Gold Inc (1997–2025)
Year-by-year debt coverage analysis for New Gold Inc. For market capitalisation and broader financial context, see New Gold Inc market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.69x | CA$873.83 Million | CA$1.27 Billion | ▲ +67.3% |
| 2024 | 0.41x | CA$392.80 Million | CA$951.50 Million | ▲ +114.9% |
| 2023 | 0.19x | CA$287.60 Million | CA$1.50 Billion | ▲ +29.4% |
| 2022 | 0.15x | CA$190.70 Million | CA$1.28 Billion | ▼ -30.2% |
| 2021 | 0.21x | CA$323.70 Million | CA$1.52 Billion | ▲ +5.5% |
| 2020 | 0.20x | CA$294.80 Million | CA$1.46 Billion | ▼ -8.3% |
| 2019 | 0.22x | CA$263.50 Million | CA$1.20 Billion | ▲ +8.7% |
| 2018 | 0.20x | CA$245.10 Million | CA$1.21 Billion | ▲ +11.1% |
| 2017 | 0.18x | CA$342.20 Million | CA$1.88 Billion | ▲ +20.4% |
| 2016 | 0.15x | CA$282.20 Million | CA$1.87 Billion | ▼ -9.2% |
| 2015 | 0.17x | CA$262.60 Million | CA$1.58 Billion | ▼ -0.2% |
| 2014 | 0.17x | CA$268.80 Million | CA$1.61 Billion | ▲ +43.6% |
| 2013 | 0.12x | CA$171.90 Million | CA$1.48 Billion | ▼ -20.8% |
| 2012 | 0.15x | CA$235.80 Million | CA$1.61 Billion | ▼ -40.0% |
| 2011 | 0.24x | CA$229.53 Million | CA$939.03 Million | ▲ +14.5% |
| 2010 | 0.21x | CA$180.56 Million | CA$845.72 Million | ▲ +91.2% |
| 2009 | 0.11x | CA$84.56 Million | CA$757.21 Million | ▲ +133.4% |
| 2008 | 0.05x | CA$24.68 Million | CA$515.91 Million | ▲ +227.8% |
| 2007 | -0.04x | CA$-9.88 Million | CA$263.89 Million | ▲ +65.6% |
| 2006 | -0.11x | CA$-1.29 Million | CA$11.83 Million | ▼ -4517.6% |
| 2005 | 0.00x | CA$-16.59K | CA$7.05 Million | ▼ -101.1% |
| 2004 | 0.21x | CA$367.98K | CA$1.78 Million | ▲ +185.4% |
| 2003 | -0.24x | CA$-194.77K | CA$804.55K | ▼ -165.4% |
| 2002 | 0.37x | CA$37.39K | CA$100.95K | ▲ +358.6% |
| 2001 | -0.14x | CA$-29.92K | CA$208.93K | ▼ -924.7% |
| 2000 | 0.02x | CA$1.02K | CA$58.60K | ▲ +100.4% |
| 1999 | -4.93x | CA$-57.11K | CA$11.59K | ▼ -73.6% |
| 1998 | -2.84x | CA$-44.27K | CA$15.60K | ▼ -737.5% |
| 1997 | -0.34x | CA$-17.21K | CA$50.78K | — |