New Destiny Mining Corp
XTSX:NED

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New Destiny Mining Corp Logo
New Destiny Mining Corp
XTSX:NED
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Price: 0.025 CAD
Market Cap: CA$565.3k

Bankruptcy Probability

New Destiny Mining Corp's probability of bankruptcy is 10.1%, signalling a meaningful chance of default. The solvency score is 26/100 — a sign of moderate financial strength.

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 High
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
-75%
5Y
-93%
10Y
-
Long-Term Investments
+
3Y
-
5Y
-
10Y
-
Debt
+
3Y
+2 554%
5Y
-
10Y
-

Solvency Ratios

Solvency Ratios Comparison
New Destiny Mining Corp Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
CA
New Destiny Mining Corp
XTSX:NED
565.1k CAD
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ZA
Gold Fields Ltd
JSE:GFI
535.7B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
181.1B ZAR
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US
Newmont Corporation
NYSE:NEM
121.5B USD
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CA
Agnico Eagle Mines Ltd
TSX:AEM
132B CAD
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CA
Barrick Mining Corp
F:ABR0
59.7B EUR
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CA
Wheaton Precious Metals Corp
TSX:WPM
86.3B CAD
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ZA
Exxaro Resources Ltd
JSE:EXX
57.3B ZAR
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HK
Zijin Gold International Co Ltd
HKEX:2259
379.5B HKD
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US
Anglogold Ashanti PLC
NYSE:AU
47.5B USD
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CA
Franco-Nevada Corp
TSX:FNV
65.3B CAD
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No Stocks Found
Is New Destiny Mining Corp at risk of bankruptcy?

New Destiny Mining Corp's probability of bankruptcy is 10.1%, signalling a meaningful chance of default.

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 Destiny Mining Corp have?

As of the latest report, New Destiny Mining Corp has total debt of 167.2k CAD. This includes both short-term (167.2k CAD) and long-term (0 CAD) debt.

You can find a full breakdown on its Balance Sheet.

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