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New Gold Inc
SWB:32N

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New Gold Inc
SWB:32N
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Price: 7.026 EUR -6.32% Market Closed
Market Cap: €3.1B

Bankruptcy Probability

New Gold Inc's probability of bankruptcy is 1%, making a collapse highly unlikely. The solvency score is 56/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.

Very Low
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
-56%
5Y
-70%
10Y
-68%
Long-Term Investments
+
3Y
-
5Y
-
10Y
-
Debt
+
3Y
-1%
5Y
-44%
10Y
-50%

Solvency Ratios

Solvency Ratios Comparison
New Gold Inc Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
CA
New Gold Inc
TSX:NGD
9.6B CAD
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RU
Polyus PJSC
LSE:PLZL
70.4T USD
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ZA
Gold Fields Ltd
JSE:GFI
651.7B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
178.5B ZAR
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CN
Zijin Mining Group Co Ltd
SSE:601899
891.3B CNY
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US
Newmont Corporation
NYSE:NEM
118.8B USD
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CA
Agnico Eagle Mines Ltd
TSX:AEM
132.1B CAD
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CA
Barrick Mining Corp
F:ABR0
62.3B EUR
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CA
Barrick Gold Corp
TSX:ABX
99.3B CAD
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CA
Wheaton Precious Metals Corp
TSX:WPM
86.8B CAD
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HK
Zijin Gold International Co Ltd
HKEX:2259
428.2B HKD
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Is New Gold Inc at risk of bankruptcy?

New Gold Inc's probability of bankruptcy is 1%, making a collapse highly unlikely.

The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does New Gold Inc have?

As of the latest report, New Gold Inc has total debt of 395.7m USD. This includes both short-term (0 USD) and long-term (395.7m USD) debt.

You can find a full breakdown on its Balance Sheet.

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