New Selling General Administrative from 2010 to 2024

NGD Stock  USD 1.97  0.16  7.51%   
New Gold's Selling General Administrative is decreasing over the years with very volatile fluctuation. Selling General Administrative is expected to dwindle to about 22.9 M. During the period from 2010 to 2024 New Gold Selling General Administrative annual values regression line had geometric mean of  19,125,288 and mean square error of 88.7 T. View All Fundamentals
 
Selling General Administrative  
First Reported
2001-03-31
Previous Quarter
9.5 M
Current Value
6.6 M
Quarterly Volatility
3.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check New Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 256.4 M, Interest Expense of 38.7 M or Total Revenue of 411.3 M, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0 or PTB Ratio of 1.18. New financial statements analysis is a perfect complement when working with New Gold Valuation or Volatility modules.
  
Check out the analysis of New Gold Correlation against competitors.
For information on how to trade New Stock refer to our How to Trade New Stock guide.

Latest New Gold's Selling General Administrative Growth Pattern

Below is the plot of the Selling General Administrative of New Gold over the last few years. It is New Gold's Selling General Administrative historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Gold's overall financial position and show how it may be relating to other accounts over time.
Selling General Administrative10 Years Trend
Very volatile
   Selling General Administrative   
       Timeline  

New Selling General Administrative Regression Statistics

Arithmetic Mean26,434,407
Geometric Mean19,125,288
Coefficient Of Variation34.44
Mean Deviation6,364,899
Median27,700,000
Standard Deviation9,104,468
Sample Variance82.9T
Range37.3M
R-Value(0.08)
Mean Square Error88.7T
R-Squared0.01
Significance0.78
Slope(158,845)
Total Sum of Squares1160.5T

New Selling General Administrative History

202422.9 M
202329.9 M
202124 M
202023.2 M
201919.3 M
201823.9 M
201728.8 M

About New Gold Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include New Gold income statement, its balance sheet, and the statement of cash flows. New Gold investors use historical funamental indicators, such as New Gold's Selling General Administrative, to determine how well the company is positioned to perform in the future. Although New Gold investors may use each financial statement separately, they are all related. The changes in New Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on New Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on New Gold Financial Statements. Understanding these patterns can help to make the right decision on long term investment in New Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Selling General Administrative29.9 M22.9 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in New Stock

When determining whether New Gold is a strong investment it is important to analyze New Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Gold's future performance. For an informed investment choice regarding New Stock, refer to the following important reports:
Check out the analysis of New Gold Correlation against competitors.
For information on how to trade New Stock refer to our How to Trade New Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Gold. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.10)
Revenue Per Share
1.134
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0143
Return On Equity
(0.09)
The market value of New Gold is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Gold's value that differs from its market value or its book value, called intrinsic value, which is New Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Gold's market value can be influenced by many factors that don't directly affect New Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.