New Gold Inc (NGD) — Defensive Interval Ratio
New Gold Inc (NGD) has a Defensive Interval Ratio of 15 days as of December 2025. Defensive assets of CA$15.87 Million (cash CA$-, short-term investments CA$698.73K, receivables CA$15.17 Million) cover 15 days of daily cash needs of CA$1.07 Million/day. Check tangible equity quality of New Gold Inc to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
New Gold Inc Defensive Interval Ratio (1997–2025)
This chart shows how New Gold Inc's Defensive Interval Ratio has evolved across 29 annual periods from 1997 to 2025. As of December 2025, the ratio stands at 15 days, meaning defensive assets of CA$15.87 Million can fund 15 days of operations without new revenue. Also explore net asset momentum of New Gold Inc to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for New Gold Inc (1997–2025)
The table below presents the year-by-year Defensive Interval Ratio for New Gold Inc from 1997 to 2025, covering 29 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see how much is New Gold Inc worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 15 days | CA$15.87 Million | CA$1.07 Million/day | CA$- | CA$698.73K | ▼ -78 days |
| 2024 | 93 days | CA$50.00 Million | CA$538.63K/day | CA$19.90 Million | CA$5.10 Million | ▼ -17 days |
| 2023 | 110 days | CA$69.10 Million | CA$627.40K/day | CA$44.90 Million | CA$7.10 Million | ▼ -70 days |
| 2022 | 180 days | CA$84.60 Million | CA$469.04K/day | CA$33.10 Million | CA$35.60 Million | ▼ -313 days |
| 2021 | 493 days | CA$233.60 Million | CA$473.70K/day | CA$144.00 Million | CA$59.50 Million | ▲ +60 days |
| 2020 | 433 days | CA$188.30 Million | CA$434.79K/day | CA$60.90 Million | CA$45.40 Million | ▲ +336 days |
| 2019 | 97 days | CA$45.90 Million | CA$470.96K/day | CA$17.40 Million | CA$500.00K | ▼ -306 days |
| 2018 | 403 days | CA$144.60 Million | CA$358.63K/day | CA$103.70 Million | CA$- | ▲ +208 days |
| 2017 | 195 days | CA$96.80 Million | CA$496.44K/day | CA$54.90 Million | CA$- | ▼ -304 days |
| 2016 | 499 days | CA$240.00 Million | CA$480.55K/day | CA$185.90 Million | CA$- | ▲ +190 days |
| 2015 | 309 days | CA$124.70 Million | CA$403.56K/day | CA$- | CA$- | ▲ +286 days |
| 2014 | 23 days | CA$6.50 Million | CA$287.40K/day | CA$- | CA$- | ▼ -20 days |
| 2013 | 43 days | CA$10.60 Million | CA$247.12K/day | CA$- | CA$- | ▲ +12 days |
| 2012 | 31 days | CA$15.00 Million | CA$485.21K/day | CA$- | CA$- | ▼ -31 days |
| 2011 | 61 days | CA$37.60 Million | CA$612.07K/day | CA$- | CA$- | ▲ +30 days |
| 2010 | 31 days | CA$11.93 Million | CA$385.50K/day | CA$- | CA$- | ▼ -47 days |
| 2009 | 78 days | CA$19.90 Million | CA$255.94K/day | CA$- | CA$706.00K | ▲ +1 days |
| 2008 | 76 days | CA$11.23 Million | CA$147.13K/day | CA$- | CA$- | ▲ +47 days |
| 2007 | 29 days | CA$18.18 Million | CA$619.08K/day | CA$- | CA$- | ▼ -79 days |
| 2006 | 108 days | CA$963.45K | CA$8.90K/day | CA$- | CA$- | ▲ +77 days |
| 2005 | 31 days | CA$280.69K | CA$8.96K/day | CA$- | CA$- | ▼ -43 days |
| 2004 | 75 days | CA$201.76K | CA$2.71K/day | CA$- | CA$- | ▼ -113 days |
| 2003 | 188 days | CA$66.37K | CA$353.64/day | CA$- | CA$1.16K | ▼ -1226 days |
| 2002 | 1414 days | CA$111.13K | CA$78.61/day | CA$- | CA$952.80 | ▼ -3139 days |
| 2001 | 4553 days | CA$283.64K | CA$62.30/day | CA$- | CA$2.36K | ▲ +4018 days |
| 2000 | 535 days | CA$85.83K | CA$160.54/day | CA$- | CA$3.83K | ▲ +365 days |
| 1999 | 170 days | CA$5.40K | CA$31.76/day | CA$- | CA$3.97K | ▲ +104 days |
| 1998 | 66 days | CA$1.74K | CA$26.39/day | CA$- | CA$- | ▼ -56 days |
| 1997 | 122 days | CA$12.47K | CA$101.98/day | CA$- | CA$- | — |