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Newmac Resources Inc
XTSX:NER

Watchlist Manager
Newmac Resources Inc
XTSX:NER
Watchlist
Price: 0.09 CAD 63.64% Market Closed
Market Cap: CA$2.8m

Bankruptcy Probability

Newmac Resources Inc's probability of bankruptcy is 4.4%, pointing to a small but noticeable default risk. The solvency score is 33/100 — 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.

Moderate
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
-43%
5Y
+45%
10Y
-36%
Long-Term Investments
+
3Y
-
5Y
-
10Y
-
Debt
+
3Y
-
5Y
-
10Y
-

Solvency Ratios

Solvency Ratios Comparison
Newmac Resources Inc Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
CA
Newmac Resources Inc
XTSX:NER
2.8m CAD
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AU
BHP Group Ltd
ASX:BHP
311.5B AUD
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AU
Rio Tinto Ltd
ASX:RIO
272.1B AUD
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UK
Rio Tinto PLC
LSE:RIO
114.7B GBP
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MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.7T MXN
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CH
Glencore PLC
LSE:GLEN
64.4B GBP
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SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR
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UK
Anglo American PLC
LSE:AAL
45.4B GBP
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CN
CMOC Group Ltd
SSE:603993
393.9B CNY
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CN
China Molybdenum Co Ltd
OTC:CMCLF
48.8B USD
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ZA
African Rainbow Minerals Ltd
JSE:ARI
34.3B ZAR
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No Stocks Found
Is Newmac Resources Inc at risk of bankruptcy?

Newmac Resources Inc's probability of bankruptcy is 4.4%, pointing to a small but noticeable default risk.

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 Newmac Resources Inc have?

As of the latest report, Newmac Resources Inc has no debt.

You can find a full breakdown on its Balance Sheet.

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