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) - Total Assets
Latest total assets as of September 2015: $16.88 Million USD
Based on the latest financial reports, New World Gold Cp (NWGC) holds total assets worth $16.88 Million USD as of September 2015.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
New World Gold Cp - Total Assets Trend (2008–2013)
This chart illustrates how New World Gold Cp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
New World Gold Cp - Asset Composition Analysis
Current Asset Composition (December 2013)
New World Gold Cp's total assets of $16.88 Million consist of 14.7% current assets and 85.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.6% |
| Accounts Receivable | $350.00K | 3.3% |
| Inventory | $1.14 Million | 10.8% |
| Property, Plant & Equipment | $7.05 Million | 66.3% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2013)
This chart illustrates how New World Gold Cp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: New World Gold Cp's current assets represent 14.7% of total assets in 2013, an increase from 3.8% in 2008.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2013, up from 0.2% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is property, plant & equipment at 66.3% of total assets.
New World Gold Cp Competitors by Total Assets
Key competitors of New World Gold Cp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
New World Gold Cp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - New World Gold Cp generates 0.78x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, New World Gold Cp generates $ 20.70 in net profit.
New World Gold Cp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 166.01 | 323.29 | 1.28 |
| Quick Ratio | 77.65 | 142.99 | 1.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.83 Million | $ 919.82K | $ 107.42K |
New World Gold Cp - Advanced Valuation Insights
This section examines the relationship between New World Gold Cp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 42.8% |
| Total Assets | $10.63 Million |
| Market Capitalization | $0.92 USD |
Valuation Analysis
Below Book Valuation: The market values New World Gold Cp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: New World Gold Cp's assets grew by 42.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for New World Gold Cp (2008–2013)
The table below shows the annual total assets of New World Gold Cp from 2008 to 2013.
| Year | Total Assets | Change |
|---|---|---|
| 2013-12-31 | $10.63 Million | +42.80% |
| 2012-12-31 | $7.44 Million | +55.11% |
| 2011-12-31 | $4.80 Million | +83.69% |
| 2010-12-31 | $2.61 Million | +1805.37% |
| 2009-12-31 | $137.11K | +25.68% |
| 2008-12-31 | $109.10K | -- |