New Gold Inc
NYSE MKT: NGD · BASIC MATERIALS · GOLD
Updated 2026-03-20
New Gold Inc (NGD) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $35.95M | $113.81M | $473.43M | $1.96B | $2.49B | $2.74B | $3.22B | $4.28B | $4.20B | $3.88B | $3.68B | $3.95B | $4.02B | $2.17B | $2.16B | $2.25B | $2.48B | $2.24B | $2.29B | $2.00B |
| Cash & equivalents | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Current assets | $16.03M | $59.42M | $196.08M | $242.94M | $394.95M | $625.46M | $461.40M | $917.50M | $658.00M | $669.40M | $614.60M | $409.60M | $455.00M | $290.40M | $228.70M | $418.80M | $686.30M | $377.50M | $351.80M | $274.10M |
| Total liabilities | $7.05M | $11.83M | $263.89M | $515.91M | $757.21M | $845.72M | $939.03M | $1.61B | $1.48B | $1.61B | $1.58B | $1.87B | $1.88B | $1.21B | $1.20B | $1.46B | $1.52B | $1.28B | $1.50B | $951.50M |
| Current liabilities | $3.27M | $3.25M | $225.97M | $53.70M | $93.42M | $140.71M | $223.40M | $177.10M | $90.20M | $104.90M | $147.30M | $175.40M | $181.20M | $130.90M | $171.90M | $158.70M | $172.90M | $171.20M | $229.00M | $196.60M |
| Long-term debt | $0.00 | $0.00 | $35.31M | $212.39M | $225.46M | $229.88M | $251.66M | $847.80M | $862.50M | $874.30M | $787.60M | $889.50M | $1.01B | $780.50M | $714.50M | $489.20M | $491.00M | $394.90M | $396.00M | $397.00M |
| Shareholder equity | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings | $-6.56M | $-8.15M | $-71.64M | $-111.54M | $-305.86M | $-128.91M | $-175.63M | $23.40M | $-167.80M | $-644.90M | $-846.30M | $-843.60M | $-961.30M | $-2.19B | $-2.28B | $-2.35B | $-2.21B | $-2.28B | $-2.35B | $-2.36B |
| Accounts receivable | $280695.00 | $963452.00 | $3.55M | $11.23M | $19.19M | $11.93M | $37.60M | $54.40M | $51.10M | $65.90M | $124.70M | $54.10M | $40.00M | $40.90M | $28.00M | $82.00M | $30.10M | $15.90M | $17.10M | $21.60M |
| Inventory | $1.00 | $1.00 | $1.00 | $39.40M | $86.30M | $106.33M | $106.49M | $163.30M | $182.00M | $222.40M | $145.90M | $150.00M | $193.20M | $141.80M | $110.00M | $93.30M | $101.00M | $115.70M | $126.70M | $118.70M |
| Goodwill | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Frequently asked questions
What is New Gold Inc's revenue?
New Gold Inc's trailing twelve-month revenue is $1.24B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is NGD?
In its most recent fiscal year, NGD ran a gross margin of 26.04%, an operating margin of 19.72%, and a net margin of 11.10%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does NGD generate?
NGD produced $121.70M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is NGD's balance sheet healthy?
NGD holds — in cash and equivalents against $397.00M in long-term debt. That debt is best read against the cash flow the business throws off each year.