New Gold Inc Working Capital to Net Assets Ratio
New Gold Inc working capital to net assets ratio. New Gold Inc (NGD) has a Working Capital to Net Assets ratio of 6.5% as of December 2025. Working capital of CA$123.77 Million (current assets of CA$514.96 Million minus current liabilities of CA$391.19 Million) is measured against net assets of CA$1.91 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is New Gold Inc's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of New Gold Inc (1997–2025)
Working capital to net assets ratio of New Gold Inc from 1997 to 2025. This chart shows how New Gold Inc's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of December 2025, the ratio stands at 6.5%, reflecting working capital of CA$123.77 Million against net assets of CA$1.91 Billion CAD. See NGD defensive interval ratio to measure how many days the company can operate on defensive assets alone.
New Gold Inc Working Capital to Net Assets Ratio by Year (1997–2025)
New Gold Inc working capital to net assets ratio by year from 1997 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for New Gold Inc from 1997 to 2025, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see NGD total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 6.5% | CA$123.77 Million | CA$1.91 Billion | CA$514.96 Million | CA$391.19 Million | ▼ -0.9 pp |
| 2024 | 7.4% | CA$77.50 Million | CA$1.05 Billion | CA$274.10 Million | CA$196.60 Million | ▼ -8.2 pp |
| 2023 | 15.6% | CA$122.80 Million | CA$789.20 Million | CA$351.80 Million | CA$229.00 Million | ▼ -5.9 pp |
| 2022 | 21.5% | CA$206.30 Million | CA$959.50 Million | CA$377.50 Million | CA$171.20 Million | ▼ -32.2 pp |
| 2021 | 53.7% | CA$513.40 Million | CA$955.90 Million | CA$686.30 Million | CA$172.90 Million | ▲ +20.8 pp |
| 2020 | 33.0% | CA$260.10 Million | CA$789.30 Million | CA$418.80 Million | CA$158.70 Million | ▲ +27.0 pp |
| 2019 | 5.9% | CA$56.80 Million | CA$961.30 Million | CA$228.70 Million | CA$171.90 Million | ▼ -10.7 pp |
| 2018 | 16.6% | CA$159.50 Million | CA$959.30 Million | CA$290.40 Million | CA$130.90 Million | ▲ +3.8 pp |
| 2017 | 12.8% | CA$273.80 Million | CA$2.14 Billion | CA$455.00 Million | CA$181.20 Million | ▲ +1.6 pp |
| 2016 | 11.2% | CA$234.20 Million | CA$2.08 Billion | CA$409.60 Million | CA$175.40 Million | ▼ -11.0 pp |
| 2015 | 22.3% | CA$467.30 Million | CA$2.10 Billion | CA$614.60 Million | CA$147.30 Million | ▼ -2.6 pp |
| 2014 | 24.9% | CA$564.50 Million | CA$2.27 Billion | CA$669.40 Million | CA$104.90 Million | ▲ +4.0 pp |
| 2013 | 20.9% | CA$567.80 Million | CA$2.72 Billion | CA$658.00 Million | CA$90.20 Million | ▼ -6.8 pp |
| 2012 | 27.7% | CA$740.40 Million | CA$2.68 Billion | CA$917.50 Million | CA$177.10 Million | ▲ +17.2 pp |
| 2011 | 10.4% | CA$237.99 Million | CA$2.28 Billion | CA$461.40 Million | CA$223.40 Million | ▼ -15.2 pp |
| 2010 | 25.6% | CA$484.75 Million | CA$1.89 Billion | CA$625.46 Million | CA$140.71 Million | ▲ +8.2 pp |
| 2009 | 17.4% | CA$301.54 Million | CA$1.73 Billion | CA$394.95 Million | CA$93.42 Million | ▲ +4.3 pp |
| 2008 | 13.1% | CA$189.24 Million | CA$1.44 Billion | CA$242.94 Million | CA$53.70 Million | ▲ +27.4 pp |
| 2007 | -14.3% | CA$-29.89 Million | CA$209.54 Million | CA$196.08 Million | CA$225.97 Million | ▼ -69.3 pp |
| 2006 | 55.1% | CA$56.17 Million | CA$101.98 Million | CA$59.42 Million | CA$3.25 Million | ▲ +10.9 pp |
| 2005 | 44.1% | CA$12.76 Million | CA$28.90 Million | CA$16.03 Million | CA$3.27 Million | ▼ -37.4 pp |
| 2004 | 81.5% | CA$20.10 Million | CA$24.67 Million | CA$21.09 Million | CA$987.42K | ▼ -8.5 pp |
| 2003 | 90.0% | CA$19.03 Million | CA$21.15 Million | CA$19.16 Million | CA$129.08K | ▲ +26.8 pp |
| 2002 | 63.2% | CA$2.54 Million | CA$4.02 Million | CA$2.57 Million | CA$28.69K | ▼ -13.1 pp |
| 2001 | 76.3% | CA$2.67 Million | CA$3.50 Million | CA$2.69 Million | CA$22.74K | ▼ -2.5 pp |
| 2000 | 78.7% | CA$3.41 Million | CA$4.34 Million | CA$3.47 Million | CA$58.60K | ▲ +16.1 pp |
| 1999 | 62.6% | CA$458.47K | CA$731.99K | CA$470.06K | CA$11.59K | ▲ +8.3 pp |
| 1998 | 54.3% | CA$294.90K | CA$542.84K | CA$304.54K | CA$9.63K | ▼ -3.3 pp |
| 1997 | 57.6% | CA$315.36K | CA$547.64K | CA$352.58K | CA$37.22K | — |