New Gold Inc (NGD.TO)
3.985
-0.02
(-0.62%)
CAD |
TSX |
Nov 22, 15:25
New Gold Debt to Equity Ratio: 0.448 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.448 |
| June 30, 2024 | 0.5211 |
| March 31, 2024 | 0.538 |
| December 31, 2023 | 0.5018 |
| September 30, 2023 | 0.4478 |
| June 30, 2023 | 0.4458 |
| March 31, 2023 | 0.4502 |
| December 31, 2022 | 0.4116 |
| September 30, 2022 | 0.3858 |
| June 30, 2022 | 0.395 |
| March 31, 2022 | 0.5266 |
| December 31, 2021 | 0.5137 |
| September 30, 2021 | 0.5924 |
| June 30, 2021 | 0.5986 |
| March 31, 2021 | 0.5825 |
| December 31, 2020 | 0.6198 |
| September 30, 2020 | 0.8047 |
| June 30, 2020 | 1.288 |
| March 31, 2020 | 0.7991 |
| December 31, 2019 | 0.7433 |
| September 30, 2019 | 0.7598 |
| June 30, 2019 | 0.8753 |
| March 31, 2019 | 0.8405 |
| December 31, 2018 | 0.8264 |
| September 30, 2018 | 0.56 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.5273 |
| March 31, 2018 | 0.4767 |
| December 31, 2017 | 0.471 |
| September 30, 2017 | 0.4187 |
| June 30, 2017 | 0.3813 |
| March 31, 2017 | 0.3886 |
| December 31, 2016 | 0.429 |
| September 30, 2016 | 0.3736 |
| June 30, 2016 | 0.3726 |
| March 31, 2016 | 0.3693 |
| December 31, 2015 | 0.3751 |
| September 30, 2015 | 0.3738 |
| June 30, 2015 | 0.3891 |
| March 31, 2015 | 0.3906 |
| December 31, 2014 | 0.385 |
| September 30, 2014 | 0.3236 |
| June 30, 2014 | 0.3168 |
| March 31, 2014 | 0.3175 |
| December 31, 2013 | 0.3171 |
| September 30, 2013 | 0.2904 |
| June 30, 2013 | 0.3102 |
| March 31, 2013 | 0.3129 |
| December 31, 2012 | 0.3168 |
| September 30, 2012 | 0.1662 |
| June 30, 2012 | 0.1638 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.3858
Minimum
Sep 2022
1.288
Maximum
Jun 2020
0.5807
Average
0.5238
Median
Debt to Equity Ratio Benchmarks
| Barrick Gold Corp | 0.1983 |
| Alamos Gold Inc | 0.077 |
| Agnico Eagle Mines Ltd | 0.0716 |
| Eldorado Gold Corp | 0.2285 |
| Skeena Resources Ltd | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.679B |
| Total Liabilities (Quarterly) | 1.332B |
| Shareholders Equity (Quarterly) | 1.347B |
| Current Ratio | 1.420 |
| Net Debt Paydown Yield | -0.51% |