New Net Tangible Assets from 2010 to 2026

NFG Stock  CAD 4.69  0.09  1.88%   
New Found Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2026. Net Tangible Assets is the total assets of New Found Gold minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
141.1 M
Current Value
148.1 M
Quarterly Volatility
62 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of New Found Gold over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. New Found's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

New Net Tangible Assets Regression Statistics

Arithmetic Mean51,991,552
Geometric Mean12,875,177
Coefficient Of Variation119.25
Mean Deviation57,498,542
Median2,657,567
Standard Deviation62,001,543
Sample Variance3844.2T
Range147.2M
R-Value0.89
Mean Square Error880.6T
R-Squared0.79
Slope10,880,121
Total Sum of Squares61507.1T

New Net Tangible Assets History

2026148.1 M
2025141.1 M
2021122.7 M
202072.9 M
2019M
2018955.2 K

About New Found Financial Statements

New Found investors use historical fundamental indicators, such as New Found's Net Tangible Assets, 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
Net Tangible Assets141.1 M148.1 M

Thematic Opportunities

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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.