New Interest Expense from 2010 to 2026

NFG Stock  CAD 4.51  0.07  1.53%   
New Found Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense is likely to outpace its year average in 2026. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2020-03-31
Previous Quarter
4.3 K
Current Value
3.4 K
Quarterly Volatility
2.3 K
 
Covid
 
Interest Hikes
Check New Found financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Found's main balance sheet or income statement drivers, such as Interest Expense of 30.3 K, Net Interest Income of 3.4 M or Interest Income of 3.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 8.25. New financial statements analysis is a perfect complement when working with New Found Valuation or Volatility modules.
  
This module can also supplement various New Found Technical models . Check out the analysis of New Found Correlation against competitors.

Latest New Found's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of New Found Gold over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. New Found's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Found's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

New Interest Expense Regression Statistics

Arithmetic Mean8,143
Geometric Mean0.00
Coefficient Of Variation147.72
Mean Deviation10,198
Median0.00
Standard Deviation12,029
Sample Variance144.7M
Range30.3K
R-Value0.85
Mean Square Error43.3M
R-Squared0.72
Significance0.000017
Slope2,020
Total Sum of Squares2.3B

New Interest Expense History

202630.3 K
202528.9 K
202425.1 K
202327.1 K
202216 K
2021 7493.0
2020 3544.0

About New Found Financial Statements

New Found investors use historical fundamental indicators, such as New Found's Interest Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in New Found. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense28.9 K30.3 K

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Additional Tools for New Stock Analysis

When running New Found's price analysis, check to measure New Found'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 Found is operating at the current time. Most of New Found's value examination focuses on studying past and present price action to predict the probability of New Found'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 Found's price. Additionally, you may evaluate how the addition of New Found to your portfolios can decrease your overall portfolio volatility.