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) - Total Assets
Latest total assets as of December 2024: $175.68K USD
Based on the latest financial reports, Newport Gold Inc (NWPG) holds total assets worth $175.68K USD as of December 2024.
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.
Newport Gold Inc - Total Assets Trend (2005–2024)
This chart illustrates how Newport Gold Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Newport Gold Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Newport Gold Inc's total assets of $175.68K consist of 0.9% current assets and 99.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $174.12K | 99.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Newport Gold Inc'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: Newport Gold Inc's current assets represent 0.9% of total assets in 2024, a decrease from 100.0% in 2005.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, down from 99.7% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 99.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is intangible assets at 99.1% of total assets.
Newport Gold Inc Competitors by Total Assets
Key competitors of Newport Gold Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
Newport Gold Inc - 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
Lower asset utilization - Newport Gold Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Newport Gold Inc is currently not profitable relative to its asset base.
Newport Gold Inc - 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 | 0.00 | 0.02 | 0.07 |
| Quick Ratio | 0.00 | 0.02 | 0.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.24 Million | $ -720.81K | $ -454.11K |
Newport Gold Inc - Advanced Valuation Insights
This section examines the relationship between Newport Gold Inc'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 | 0.68 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1.7% |
| Total Assets | $175.68K |
| Market Capitalization | $13.67 USD |
Valuation Analysis
Below Book Valuation: The market values Newport Gold Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Newport Gold Inc's assets grew by 1.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Newport Gold Inc (2005–2024)
The table below shows the annual total assets of Newport Gold Inc from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $175.68K | +1.69% |
| 2023-12-31 | $172.76K | +364.94% |
| 2022-12-31 | $37.16K | +1.42% |
| 2021-12-31 | $36.64K | -0.88% |
| 2020-12-31 | $36.96K | -22.38% |
| 2019-12-31 | $47.62K | +30.32% |
| 2018-12-31 | $36.54K | -28.77% |
| 2017-12-31 | $51.30K | +24.06% |
| 2016-12-31 | $41.35K | +0.46% |
| 2015-12-31 | $41.16K | -3.56% |
| 2014-12-31 | $42.68K | -31.40% |
| 2012-12-31 | $62.21K | -19.71% |
| 2011-12-31 | $77.48K | +91.67% |
| 2010-12-31 | $40.42K | +7.59% |
| 2009-12-31 | $37.57K | -98.38% |
| 2007-12-31 | $2.32 Million | +455.28% |
| 2006-12-31 | $418.33K | +175.30% |
| 2005-12-31 | $151.96K | -- |