New Gold Inc (NGD) — Financial Flexibility Index
New Gold Inc (NGD) has a Financial Flexibility Index of 0.32x as of December 2025. Free cash flow of CA$401.46 Million (operating CF CA$333.16 Million minus capex CA$68.30 Million) represents 0% of total liabilities (CA$1.27 Billion). Check asset allocation strategy of New Gold Inc to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
New Gold Inc Financial Flexibility Index (1997–2025)
Historical Financial Flexibility Index trend for New Gold Inc across 29 annual periods. See New Gold Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for New Gold Inc (1997–2025)
Year-by-year free cash flow to debt coverage for New Gold Inc. For the full company profile including market capitalisation, see market cap of New Gold Inc.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.17x | CA$1.48 Billion | CA$873.83 Million | CA$1.27 Billion | ▲ +67.3% |
| 2024 | 0.70x | CA$663.90 Million | CA$392.80 Million | CA$951.50 Million | ▲ +88.7% |
| 2023 | 0.37x | CA$553.50 Million | CA$287.60 Million | CA$1.50 Billion | ▼ -1.8% |
| 2022 | 0.38x | CA$483.60 Million | CA$190.70 Million | CA$1.28 Billion | ▲ +0.3% |
| 2021 | 0.38x | CA$571.00 Million | CA$323.70 Million | CA$1.52 Billion | ▼ -5.3% |
| 2020 | 0.40x | CA$579.00 Million | CA$294.80 Million | CA$1.46 Billion | ▼ -8.2% |
| 2019 | 0.43x | CA$516.80 Million | CA$263.50 Million | CA$1.20 Billion | ▲ +13.8% |
| 2018 | 0.38x | CA$459.00 Million | CA$245.10 Million | CA$1.21 Billion | ▼ -21.7% |
| 2017 | 0.48x | CA$909.20 Million | CA$342.20 Million | CA$1.88 Billion | ▲ +6.3% |
| 2016 | 0.46x | CA$849.20 Million | CA$282.20 Million | CA$1.87 Billion | ▲ +10.0% |
| 2015 | 0.41x | CA$652.10 Million | CA$262.60 Million | CA$1.58 Billion | ▲ +21.6% |
| 2014 | 0.34x | CA$548.10 Million | CA$268.80 Million | CA$1.61 Billion | ▲ +9.1% |
| 2013 | 0.31x | CA$461.20 Million | CA$171.90 Million | CA$1.48 Billion | ▼ -33.9% |
| 2012 | 0.47x | CA$757.80 Million | CA$235.80 Million | CA$1.61 Billion | ▼ -31.2% |
| 2011 | 0.68x | CA$643.15 Million | CA$229.53 Million | CA$939.03 Million | ▲ +75.7% |
| 2010 | 0.39x | CA$329.73 Million | CA$180.56 Million | CA$845.72 Million | ▲ +50.6% |
| 2009 | 0.26x | CA$196.08 Million | CA$84.56 Million | CA$757.21 Million | ▼ -15.7% |
| 2008 | 0.31x | CA$158.55 Million | CA$24.68 Million | CA$515.91 Million | ▲ +35.0% |
| 2007 | 0.23x | CA$60.06 Million | CA$-9.88 Million | CA$263.89 Million | ▼ -83.6% |
| 2006 | 1.39x | CA$16.44 Million | CA$-1.29 Million | CA$11.83 Million | ▼ -32.0% |
| 2005 | 2.04x | CA$14.39 Million | CA$-16.59K | CA$7.05 Million | ▲ +388.9% |
| 2004 | 0.42x | CA$743.68K | CA$367.98K | CA$1.78 Million | ▼ -70.7% |
| 2003 | 1.43x | CA$1.15 Million | CA$-194.77K | CA$804.55K | ▼ -82.1% |
| 2002 | 8.00x | CA$807.43K | CA$37.39K | CA$100.95K | ▲ +6892.8% |
| 2001 | -0.12x | CA$-24.60K | CA$-29.92K | CA$208.93K | ▼ -101.4% |
| 2000 | 8.44x | CA$494.55K | CA$1.02K | CA$58.60K | ▲ +384.1% |
| 1999 | -2.97x | CA$-34.44K | CA$-57.11K | CA$11.59K | ▼ -531.5% |
| 1998 | -0.47x | CA$-7.34K | CA$-44.27K | CA$15.60K | ▼ -133.9% |
| 1997 | 1.39x | CA$70.44K | CA$-17.21K | CA$50.78K | — |