New Gold Inc (NGD) — Net Asset Quality Index
New Gold Inc (NGD) has a Net Asset Quality Index of 60.1% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$3.17 Billion minus total liabilities of CA$1.27 Billion yields net assets of CA$1.91 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check New Gold Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
New Gold Inc Net Asset Quality Index Over Time (1997–2025)
This chart shows how New Gold Inc's Net Asset Quality Index has evolved across 29 annual periods from 1997 to 2025. As of December 2025, the index stands at 60.1%, representing net assets of CA$1.91 Billion against total assets of CA$3.17 Billion CAD. See NGD net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for New Gold Inc (1997–2025)
The table below presents the year-by-year Net Asset Quality Index for New Gold Inc from 1997 to 2025, covering 29 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of New Gold Inc.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 60.1% | CA$1.91 Billion | CA$3.17 Billion | CA$1.27 Billion | ▲ +7.6 pp |
| 2024 | 52.5% | CA$1.05 Billion | CA$2.00 Billion | CA$951.50 Million | ▲ +18.0 pp |
| 2023 | 34.5% | CA$789.20 Million | CA$2.29 Billion | CA$1.50 Billion | ▼ -8.2 pp |
| 2022 | 42.8% | CA$959.50 Million | CA$2.24 Billion | CA$1.28 Billion | ▲ +4.2 pp |
| 2021 | 38.6% | CA$955.90 Million | CA$2.48 Billion | CA$1.52 Billion | ▲ +3.5 pp |
| 2020 | 35.1% | CA$789.30 Million | CA$2.25 Billion | CA$1.46 Billion | ▼ -9.5 pp |
| 2019 | 44.5% | CA$961.30 Million | CA$2.16 Billion | CA$1.20 Billion | ▲ +0.3 pp |
| 2018 | 44.2% | CA$959.30 Million | CA$2.17 Billion | CA$1.21 Billion | ▼ -9.0 pp |
| 2017 | 53.3% | CA$2.14 Billion | CA$4.02 Billion | CA$1.88 Billion | ▲ +0.5 pp |
| 2016 | 52.8% | CA$2.08 Billion | CA$3.95 Billion | CA$1.87 Billion | ▼ -4.4 pp |
| 2015 | 57.1% | CA$2.10 Billion | CA$3.68 Billion | CA$1.58 Billion | ▼ -1.4 pp |
| 2014 | 58.5% | CA$2.27 Billion | CA$3.88 Billion | CA$1.61 Billion | ▼ -6.3 pp |
| 2013 | 64.8% | CA$2.72 Billion | CA$4.20 Billion | CA$1.48 Billion | ▲ +2.3 pp |
| 2012 | 62.5% | CA$2.68 Billion | CA$4.28 Billion | CA$1.61 Billion | ▼ -8.4 pp |
| 2011 | 70.9% | CA$2.28 Billion | CA$3.22 Billion | CA$939.03 Million | ▲ +1.7 pp |
| 2010 | 69.1% | CA$1.89 Billion | CA$2.74 Billion | CA$845.72 Million | ▼ -0.4 pp |
| 2009 | 69.6% | CA$1.73 Billion | CA$2.49 Billion | CA$757.21 Million | ▼ -4.1 pp |
| 2008 | 73.6% | CA$1.44 Billion | CA$1.96 Billion | CA$515.91 Million | ▲ +29.4 pp |
| 2007 | 44.3% | CA$209.54 Million | CA$473.43 Million | CA$263.89 Million | ▼ -45.3 pp |
| 2006 | 89.6% | CA$101.98 Million | CA$113.81 Million | CA$11.83 Million | ▲ +9.2 pp |
| 2005 | 80.4% | CA$28.90 Million | CA$35.95 Million | CA$7.05 Million | ▼ -12.9 pp |
| 2004 | 93.3% | CA$24.67 Million | CA$26.45 Million | CA$1.78 Million | ▼ -3.1 pp |
| 2003 | 96.3% | CA$21.15 Million | CA$21.95 Million | CA$804.55K | ▼ -1.2 pp |
| 2002 | 97.6% | CA$4.02 Million | CA$4.12 Million | CA$100.95K | ▲ +3.2 pp |
| 2001 | 94.4% | CA$3.50 Million | CA$3.71 Million | CA$208.93K | ▼ -4.3 pp |
| 2000 | 98.7% | CA$4.34 Million | CA$4.40 Million | CA$58.60K | ▲ +0.2 pp |
| 1999 | 98.4% | CA$731.99K | CA$743.58K | CA$11.59K | ▲ +1.2 pp |
| 1998 | 97.2% | CA$542.84K | CA$558.43K | CA$15.60K | ▲ +5.7 pp |
| 1997 | 91.5% | CA$547.64K | CA$598.42K | CA$50.78K | — |