New Gold Inc Total Assets
New Gold Inc total assets. Based on the latest financial reports, New Gold Inc (NGD) holds total assets worth CA$3.17 Billion CAD (≈ $2.30 Billion USD) as of December 2025. 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. Also see NGD company net worth for the company's overall valuation and market capitalisation.
Total Assets of New Gold Inc (1997–2025)
Total assets of New Gold Inc from 1997 to 2025. This chart illustrates how New Gold Inc's total assets have evolved over time, based on quarterly financial data. See today's stock price for New Gold Inc for real-time trading data and today's change.
New Gold Inc - Asset Composition Analysis
New Gold Inc Total Assets Breakdown (December 2025)
New Gold Inc total assets breakdown as of December 2025. New Gold Inc's total assets of CA$3.17 Billion consist of 16.2% current assets and 83.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 10.4% |
| Accounts Receivable | CA$15.17 Million | 0.5% |
| Inventory | CA$153.92 Million | 4.9% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (1997–2025)
This chart illustrates how New 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. Explore New Gold Inc current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: New Gold Inc's current assets represent 16.2% of total assets in 2025, a decrease from 58.9% in 1997.
- Cash Position: Cash and equivalents constituted 10.4% of total assets in 2025, down from 56.8% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1997.
- Asset Diversification: The largest asset category is inventory at 4.9% of total assets.
New Gold Inc Competitors by Total Assets
Key competitors of New Gold Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Newmont Corporation
AU:NEM
|
Australia | AU$57.67 Billion |
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$52.26 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$12.16 Billion |
|
Evolution Mining Ltd
AU:EVN
|
Australia | AU$10.02 Billion |
|
Equinox Gold Corp
TO:EQX
|
Canada | CA$9.66 Billion |
|
Dundee Precious Metals Inc
TO:DPM
|
Canada | CA$3.20 Billion |
|
Perseus Mining Ltd
AU:PRU
|
Australia | AU$2.93 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$3.60 Billion |
New 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 | 1.32 | 1.39 | 2.59 |
| Quick Ratio | 0.92 | 0.79 | 1.94 |
| Cash Ratio | 0.00 | 0.10 | 0.00 |
| Working Capital | CA$123.77 Million | CA$77.50 Million | CA$233.70 Million |
New Gold Inc - Advanced Valuation Insights
This section examines the relationship between New 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 | 3.67 |
| Latest Market Cap to Assets Ratio | 2.19 |
| Asset Growth Rate (YoY) | 58.4% |
| Total Assets | CA$3.17 Billion |
| Market Capitalization | $6.96 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values New Gold Inc's assets at a significant premium (2.19x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: New Gold Inc's assets grew by 58.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for New Gold Inc (1997–2025)
The table below shows the annual total assets of New Gold Inc from 1997 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$3.17 Billion ≈ $2.30 Billion |
+58.39% |
| 2024-12-31 | CA$2.00 Billion ≈ $1.45 Billion |
-12.34% |
| 2023-12-31 | CA$2.29 Billion ≈ $1.65 Billion |
+1.89% |
| 2022-12-31 | CA$2.24 Billion ≈ $1.62 Billion |
-9.42% |
| 2021-12-31 | CA$2.48 Billion ≈ $1.79 Billion |
+10.08% |
| 2020-12-31 | CA$2.25 Billion ≈ $1.63 Billion |
+4.24% |
| 2019-12-31 | CA$2.16 Billion ≈ $1.56 Billion |
-0.51% |
| 2018-12-31 | CA$2.17 Billion ≈ $1.57 Billion |
-45.99% |
| 2017-12-31 | CA$4.02 Billion ≈ $2.91 Billion |
+1.76% |
| 2016-12-31 | CA$3.95 Billion ≈ $2.86 Billion |
+7.41% |
| 2015-12-31 | CA$3.68 Billion ≈ $2.66 Billion |
-5.31% |
| 2014-12-31 | CA$3.88 Billion ≈ $2.81 Billion |
-7.55% |
| 2013-12-31 | CA$4.20 Billion ≈ $3.04 Billion |
-1.98% |
| 2012-12-31 | CA$4.28 Billion ≈ $3.10 Billion |
+32.98% |
| 2011-12-31 | CA$3.22 Billion ≈ $2.33 Billion |
+17.62% |
| 2010-12-31 | CA$2.74 Billion ≈ $1.98 Billion |
+10.07% |
| 2009-12-31 | CA$2.49 Billion ≈ $1.80 Billion |
+27.10% |
| 2008-12-31 | CA$1.96 Billion ≈ $1.42 Billion |
+313.52% |
| 2007-12-31 | CA$473.43 Million ≈ $342.47 Million |
+315.98% |
| 2006-12-31 | CA$113.81 Million ≈ $82.33 Million |
+216.58% |
| 2005-12-31 | CA$35.95 Million ≈ $26.01 Million |
+35.92% |
| 2004-12-31 | CA$26.45 Million ≈ $19.13 Million |
+20.47% |
| 2003-12-31 | CA$21.95 Million ≈ $15.88 Million |
+432.34% |
| 2002-12-31 | CA$4.12 Million ≈ $2.98 Million |
+11.30% |
| 2001-12-31 | CA$3.71 Million ≈ $2.68 Million |
-15.71% |
| 2000-12-31 | CA$4.40 Million ≈ $3.18 Million |
+491.19% |
| 1999-12-31 | CA$743.58K ≈ $537.89K |
+33.15% |
| 1998-12-31 | CA$558.43K ≈ $403.96K |
-6.68% |
| 1997-12-31 | CA$598.42K ≈ $432.89K |
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About New Gold Inc
New Gold Inc. engages in the development and operation of mineral properties in Canada. Its products include gold, silver, and copper. The company also engages in mineral exploration, development, and operation of mining assets, including projects such as the Rainy River mine and the New Afton mine. New Gold Inc. was formerly known as DRC Resources Corporation and changed its name to New Gold Inc… Read more