New Gold Inc (NGD) — Free Cash Flow Generation Index
New Gold Inc (NGD) has a Free Cash Flow Generation Index of 0.79x as of December 2025. Free cash flow of CA$264.85 Million represents 1% of operating cash flow (CA$333.16 Million). Explore New Gold Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
New Gold Inc Free Cash Flow Generation Index (2000–2025)
Historical FCF Generation Index trend for New Gold Inc across 21 annual periods. For the full cash flow conversion analysis, see NGD operating cash flow.
Annual Free Cash Flow Generation for New Gold Inc (2000–2025)
Year-by-year Free Cash Flow Generation Index for New Gold Inc. Check NGD total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.31x | CA$270.76 Million | CA$873.83 Million | CA$603.08 Million | ▲ +0.0% |
| 2024 | 0.31x | CA$121.70 Million | CA$392.80 Million | CA$271.10 Million | ▲ +310.6% |
| 2023 | 0.08x | CA$21.70 Million | CA$287.60 Million | CA$265.90 Million | ▲ +114.1% |
| 2022 | -0.54x | CA$-102.20 Million | CA$190.70 Million | CA$292.90 Million | ▼ -327.1% |
| 2021 | 0.24x | CA$76.40 Million | CA$323.70 Million | CA$247.30 Million | ▲ +556.4% |
| 2020 | 0.04x | CA$10.60 Million | CA$294.80 Million | CA$284.20 Million | ▼ -7.1% |
| 2019 | 0.04x | CA$10.20 Million | CA$263.50 Million | CA$253.30 Million | ▼ -69.6% |
| 2018 | 0.13x | CA$31.20 Million | CA$245.10 Million | CA$213.90 Million | ▲ +119.4% |
| 2017 | -0.66x | CA$-224.80 Million | CA$342.20 Million | CA$567.00 Million | ▲ +34.9% |
| 2016 | -1.01x | CA$-284.80 Million | CA$282.20 Million | CA$567.00 Million | ▼ -108.8% |
| 2015 | -0.48x | CA$-126.90 Million | CA$262.60 Million | CA$389.50 Million | ▼ -1137.1% |
| 2014 | -0.04x | CA$-10.50 Million | CA$268.80 Million | CA$279.30 Million | ▲ +94.3% |
| 2013 | -0.68x | CA$-117.40 Million | CA$171.90 Million | CA$289.30 Million | ▲ +43.7% |
| 2012 | -1.21x | CA$-286.20 Million | CA$235.80 Million | CA$522.00 Million | ▼ -51.3% |
| 2011 | -0.80x | CA$-184.09 Million | CA$229.53 Million | CA$413.62 Million | ▼ -561.2% |
| 2010 | 0.17x | CA$31.40 Million | CA$180.56 Million | CA$149.16 Million | ▲ +154.5% |
| 2009 | -0.32x | CA$-26.96 Million | CA$84.56 Million | CA$111.52 Million | ▲ +92.8% |
| 2008 | -4.42x | CA$-109.18 Million | CA$24.68 Million | CA$133.87 Million | ▼ -20974.5% |
| 2004 | -0.02x | CA$-7.72K | CA$367.98K | CA$375.70K | ▲ +99.9% |
| 2002 | -19.59x | CA$-732.64K | CA$37.39K | CA$770.04K | ▲ +96.0% |
| 2000 | -483.96x | CA$-492.51K | CA$1.02K | CA$493.53K | — |