New Gold Stock Gross Profit
NGD Stock | USD 1.82 0.07 3.70% |
New Gold fundamentals help investors to digest information that contributes to New Gold's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to New Gold stock.
Last Reported | Projected for Next Year | ||
Gross Profit | 86.6 M | 77.2 M | |
Gross Profit Margin | 0.11 | 0.10 |
New | Gross Profit |
New Gold Company Gross Profit Analysis
New Gold's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current New Gold Gross Profit | 221.7 M |
Most of New Gold's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
New Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for New Gold is extremely important. It helps to project a fair market value of New Stock properly, considering its historical fundamentals such as Gross Profit. Since New Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of New Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of New Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
New Gross Profit Historical Pattern
Today, most investors in New Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various New Gold's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of New Gold gross profit as a starting point in their analysis.
New Gold Gross Profit |
Timeline |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition |
According to the company disclosure, New Gold reported 221.7 M of gross profit. This is 98.61% lower than that of the Metals & Mining sector and 63.49% lower than that of the Materials industry. The gross profit for all United States stocks is 99.19% higher than that of the company.
New Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Gold's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of New Gold could also be used in its relative valuation, which is a method of valuing New Gold by comparing valuation metrics of similar companies.New Gold is currently under evaluation in gross profit category among related companies.
New Fundamentals
Return On Equity | -0.0944 | ||||
Return On Asset | 0.0143 | ||||
Profit Margin | (0.1) % | ||||
Operating Margin | 0.08 % | ||||
Current Valuation | 1.53 B | ||||
Shares Outstanding | 690.1 M | ||||
Shares Owned By Insiders | 5.76 % | ||||
Shares Owned By Institutions | 51.74 % | ||||
Number Of Shares Shorted | 5.7 M | ||||
Price To Earning | 5.07 X | ||||
Price To Book | 1.56 X | ||||
Price To Sales | 1.59 X | ||||
Revenue | 799.8 M | ||||
Gross Profit | 221.7 M | ||||
EBITDA | 301.22 M | ||||
Net Income | (65.68 M) | ||||
Cash And Equivalents | 33.1 M | ||||
Cash Per Share | 0.48 X | ||||
Total Debt | 399.15 M | ||||
Debt To Equity | 0.41 % | ||||
Current Ratio | 2.81 X | ||||
Book Value Per Share | 1.07 X | ||||
Cash Flow From Operations | 264.36 M | ||||
Short Ratio | 0.63 X | ||||
Earnings Per Share | (0.10) X | ||||
Price To Earnings To Growth | (2.09) X | ||||
Target Price | 1.79 | ||||
Beta | 1.61 | ||||
Market Capitalization | 1.31 B | ||||
Total Asset | 2.27 B | ||||
Retained Earnings | (2.33 B) | ||||
Working Capital | 122.8 M | ||||
Current Asset | 614.6 M | ||||
Current Liabilities | 147.3 M | ||||
Net Asset | 2.27 B |
About New Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards New Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, New Gold's short interest history, or implied volatility extrapolated from New Gold options trading.
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Try AI Portfolio ArchitectCheck out New Gold Piotroski F Score and New Gold Altman Z Score analysis. For information on how to trade New Stock refer to our How to Trade New Stock guide.Note that the New Gold information on this page should be used as a complementary analysis to other New Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for New Stock analysis
When running New Gold's price analysis, check to measure New Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Gold is operating at the current time. Most of New Gold's value examination focuses on studying past and present price action to predict the probability of New Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Gold's price. Additionally, you may evaluate how the addition of New Gold to your portfolios can decrease your overall portfolio volatility.
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Is New Gold's industry 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.