Newton Golf Company (NWTG) - Net Assets
Based on the latest financial reports, Newton Golf Company (NWTG) has net assets worth $-3.50 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.49 Million) and total liabilities ($5.99 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See Newton Golf Company balance sheet independence to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-3.50 Million |
| % of Total Assets | -140.58% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Newton Golf Company - Net Assets Trend (2020–2025)
This chart illustrates how Newton Golf Company's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see NWTG company net worth.
Annual Net Assets for Newton Golf Company (2020–2025)
The table below shows the annual net assets of Newton Golf Company from 2020 to 2025. Also explore NWTG year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $926.00K | +117.85% |
| 2024-12-31 | $-5.19 Million | -189.59% |
| 2023-12-31 | $5.79 Million | +407.65% |
| 2022-12-31 | $-1.88 Million | -30.97% |
| 2021-12-31 | $-1.44 Million | -23.88% |
| 2020-12-31 | $-1.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newton Golf Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2620400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $45.00K | 4.86% |
| Other Components | $28.97 Million | 3128.51% |
| Total Equity | $926.00K | 100.00% |
Newton Golf Company Competitors by Market Cap
The table below lists competitors of Newton Golf Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mexican Gold Corp
V:MEX
|
$6.35 Million |
|
Foresight Group Holdings Limited
LSE:FSG
|
$6.35 Million |
|
Macarthur Minerals Ltd
AU:MIO
|
$6.35 Million |
|
Solis Minerals Ltd
V:SLMN
|
$6.35 Million |
|
Mecanica Sa Ce
RO:MECF
|
$6.33 Million |
|
Box Pak (Malaysia) Bhd
KLSE:6297
|
$6.33 Million |
|
California Software Company Limited
NSE:CALSOFT
|
$6.33 Million |
|
James Halstead PLC
LSE:JHD
|
$6.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newton Golf Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -5,187,000 to 926,000, a change of 6,113,000.
- Net loss of 6,020,000 reduced equity.
- Share repurchases of 549,000 reduced equity.
- Other factors increased equity by 12,682,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.02 Million | -650.11% |
| Share Repurchases | $549.00K | -59.29% |
| Other Changes | $12.68 Million | +1369.55% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Newton Golf Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.67x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-0.08 | $1.17 | x |
| 2021-12-31 | $-0.10 | $1.17 | x |
| 2022-12-31 | $-0.13 | $1.17 | x |
| 2023-12-31 | $0.47 | $1.17 | x |
| 2024-12-31 | $-4.30 | $1.17 | x |
| 2025-12-31 | $0.25 | $1.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newton Golf Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -650.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -74.00%
- • Asset Turnover: 2.47x
- • Equity Multiplier: 3.56x
- Recent ROE (-650.11%) is below the historical average (-121.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -263.19% | 0.91x | 0.00x | $-363.00K |
| 2021 | 0.00% | -151.00% | 0.76x | 0.00x | $-158.30K |
| 2022 | 0.00% | -1844.74% | 0.27x | 0.00x | $-3.32 Million |
| 2023 | -79.88% | -1325.21% | 0.05x | 1.10x | $-5.20 Million |
| 2024 | 0.00% | -341.13% | 0.35x | 0.00x | $-11.23 Million |
| 2025 | -650.11% | -74.00% | 2.47x | 3.56x | $-6.11 Million |
Industry Comparison
This section compares Newton Golf Company's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $60,451,146
- Average return on equity (ROE) among peers: 11.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newton Golf Company (NWTG) | $-3.50 Million | 0.00% | N/A | $6.34 Million |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.25 Million | 30.97% | 2.81x | $66.64 Million |
| American Outdoor Brands Inc (AOUT) | $191.86 Million | -6.27% | 0.27x | $186.42 Million |
| Amer Sports, Inc. (AS) | $-156.80 Million | 0.00% | 0.00x | $15.49 Billion |
| Callaway Golf Company (CALY) | $608.60 Million | 31.20% | 0.32x | $2.69 Billion |
| Clarus Corp (CLAR) | $370.17 Million | 7.05% | 0.71x | $134.39 Million |
| Dogness International Corp Class A (DOGZ) | $7.36 Million | 67.22% | 1.38x | $4.89 Million |
| Escalade Incorporated (ESCA) | $22.90 Million | -10.48% | 2.31x | $271.74 Million |
| Funko Inc (FNKO) | $185.81 Million | -36.25% | 2.69x | $298.18 Million |
| Six Flags Entertainment Corporation (FUN) | $-666.44 Million | 0.00% | 0.00x | $1.30 Billion |
| Golden Heaven Group Holdings Ltd. Ordinary Shares (GDHG) | $39.80 Million | 34.12% | 0.80x | $22.56 Million |
About Newton Golf Company
Newton Golf Company, Inc., a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company serves individual golfers, as well as wholesale and retail customers, including professional club fitters, golf pro shops, off-course golf r… Read more