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). Also explore how fast is New Gold Inc growing its equity to track the company's year-over-year net asset growth rate.
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. Check asset allocation strategy of New Gold Inc to assess the company's strategic physical and investment asset allocation.
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 value 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 | — |