Newport Gold Inc
Newport Gold, Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral and energy properties primarily in Canada. The company primarily explores for gold deposits. It holds interests in the Burnt Basin property that consists of nine contiguous mineral titles online claims and one legacy claim covering an area of 1694 hectares located to the northeast… Read more
Newport Gold Inc (NWPG) - Net Assets
Latest net assets as of December 2024: $-1.06 Million USD
Based on the latest financial reports, Newport Gold Inc (NWPG) has net assets worth $-1.06 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($175.68K) and total liabilities ($1.24 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 | $-1.06 Million |
| % of Total Assets | -606.03% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 898.82 |
Newport Gold Inc - Net Assets Trend (2005–2024)
This chart illustrates how Newport Gold Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Newport Gold Inc (2005–2024)
The table below shows the annual net assets of Newport Gold Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.06 Million | -10.90% |
| 2023-12-31 | $-960.06K | -23.32% |
| 2022-12-31 | $-778.54K | +35.59% |
| 2021-12-31 | $-1.21 Million | -58.65% |
| 2020-12-31 | $-761.92K | -61.72% |
| 2019-12-31 | $-471.12K | -158.31% |
| 2018-12-31 | $-182.38K | +69.77% |
| 2017-12-31 | $-603.28K | +34.64% |
| 2016-12-31 | $-923.08K | -24.67% |
| 2015-12-31 | $-740.41K | -24.18% |
| 2014-12-31 | $-596.26K | -365.14% |
| 2012-12-31 | $-128.19K | +65.86% |
| 2011-12-31 | $-375.54K | -13.34% |
| 2010-12-31 | $-331.34K | -133.46% |
| 2009-12-31 | $-141.92K | -108.91% |
| 2007-12-31 | $1.59 Million | +1688.74% |
| 2006-12-31 | $89.04K | +166.91% |
| 2005-12-31 | $-133.07K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newport Gold Inc'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 667559900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $262.27K | % |
| Other Comprehensive Income | $148.87K | % |
| Other Components | $5.59 Million | % |
| Total Equity | $-1.06 Million | 100.00% |
Newport Gold Inc Competitors by Market Cap
The table below lists competitors of Newport Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TRANS-NATIONWIDE EXPRESS PLC
XNSA:TRANSEXPR
|
$13.81 |
|
SUN RESOURCES (RSX.SG)
STU:RSX
|
$13.86 |
|
VPC Specialty Lending Investments PLC
LSE:VSL
|
$13.87 |
|
OMATEK VENTURES PLC
XNSA:OMATEK
|
$13.88 |
|
Suntex Enterprises Inc
PINK:SNTX
|
$13.57 |
|
Dharan Infra-EPC Limited
NSE:DHARAN
|
$13.54 |
|
PRODUCE BUYING COMPANY LTD.
GSE:PBC
|
$13.48 |
|
TANGANDA TEA COMPANY LIMITED
XZIM:TANG
|
$13.36 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newport Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -960,061 to -1,064,677, a change of -104,616.
- Net loss of 109,618 reduced equity.
- Share repurchases of 5,001 reduced equity.
- Other factors increased equity by 10,003.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-109.62K | -10.3% |
| Share Repurchases | $5.00K | -0.47% |
| Other Changes | $10.00K | +0.94% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Newport Gold Inc'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $-0.02 | $0.00 | x |
| 2006-12-31 | $0.01 | $0.00 | x |
| 2007-12-31 | $0.10 | $0.00 | x |
| 2010-12-31 | $-0.01 | $0.00 | x |
| 2011-12-31 | $-0.01 | $0.00 | x |
| 2012-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $-0.01 | $0.00 | x |
| 2016-12-31 | $-0.01 | $0.00 | x |
| 2017-12-31 | $-0.01 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $-0.01 | $0.00 | x |
| 2021-12-31 | $-0.01 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newport Gold Inc 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-22.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-79.90K |
| 2006 | -381.10% | 0.00% | 0.00x | 4.70x | $-348.23K |
| 2007 | -31.87% | 0.00% | 0.00x | 1.46x | $-666.91K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $20.00K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-149.10K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-203.37K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-210.44K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-191.15K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-70.11K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-150.36K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-230.65K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $13.64K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-241.63K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-214.61K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-325.99K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.17K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-85.51K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.15K |
Industry Comparison
This section compares Newport Gold Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newport Gold Inc (NWPG) | $-1.06 Million | 0.00% | N/A | $13.78 |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |