New World Gold Cp
New World Gold Corporation engages in gold ore exploration business. The company was formerly known as New Asia Gold Corporation and changed its name to New World Gold Corporation in May 2009. New World Gold Corporation was incorporated in 1998 and is based in Boca Raton, Florida.
New World Gold Cp (NWGC) - Net Assets
Latest net assets as of September 2015: $10.77 Million USD
Based on the latest financial reports, New World Gold Cp (NWGC) has net assets worth $10.77 Million USD as of September 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.88 Million) and total liabilities ($6.11 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.77 Million |
| % of Total Assets | 63.8% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 57.34 |
New World Gold Cp - Net Assets Trend (2008–2013)
This chart illustrates how New World Gold Cp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for New World Gold Cp (2008–2013)
The table below shows the annual net assets of New World Gold Cp from 2008 to 2013.
| Year | Net Assets | Change |
|---|---|---|
| 2013-12-31 | $6.11 Million | +57.27% |
| 2012-12-31 | $3.88 Million | +91.09% |
| 2011-12-31 | $2.03 Million | +192.24% |
| 2010-12-31 | $695.35K | +210.37% |
| 2009-12-31 | $-630.01K | -34.29% |
| 2008-12-31 | $-469.15K | -- |
Equity Component Analysis
This analysis shows how different components contribute to New World Gold Cp'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 grown by 591292500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2013)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.74 Million | 44.86% |
| Common Stock | $45.00K | 0.74% |
| Other Components | $3.32 Million | 54.41% |
| Total Equity | $6.11 Million | 100.00% |
New World Gold Cp Competitors by Market Cap
The table below lists competitors of New World Gold Cp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZA Group Inc
PINK:ZAAG
|
$0.92 |
|
Gunther Grant Inc
PINK:GNGR
|
$0.92 |
|
ForU Holdings Inc
PINK:FORU
|
$0.92 |
|
Allied Security Innovations Inc
PINK:ADSV
|
$0.93 |
|
Universal Systems Inc
PINK:UVSS
|
$0.92 |
|
Mansfelder Metals Ltd
PINK:MNSF
|
$0.92 |
|
Merriman Holdings Inc
PINK:MERR
|
$0.92 |
|
Colombia Energy Resources Inc
PINK:CERX
|
$0.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New World Gold Cp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2012 to 2013, total equity changed from 3,883,028 to 6,106,951, a change of 2,223,923 (57.3%).
- Net income of 2,200,758 contributed positively to equity growth.
Equity Change Factors (2012 to 2013)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.20 Million | +36.04% |
| Other Changes | $23.16K | +0.38% |
| Total Change | $- | 57.27% |
Book Value vs Market Value Analysis
This analysis compares New World Gold Cp'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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently New World Gold Cp 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): 36.04%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.70%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.74x
- Recent ROE (36.04%) is above the historical average (13.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.66 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-116.66K |
| 2010 | -33.80% | -27.29% | 0.33x | 3.76x | $-304.53K |
| 2011 | 32.50% | 12.07% | 1.14x | 2.36x | $457.13K |
| 2012 | 47.35% | 22.48% | 1.10x | 1.92x | $1.45 Million |
| 2013 | 36.04% | 26.70% | 0.78x | 1.74x | $1.59 Million |
Industry Comparison
This section compares New World Gold Cp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New World Gold Cp (NWGC) | $10.77 Million | 0.00% | 0.57x | $0.92 |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |