New World Gold (New World Gold) Equity-to-Asset : 0.00 (As of . 20)

View and export this data going back to . Start your Free Trial

What is New World Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. New World Gold's Total Stockholders Equity for the quarter that ended in . 20 was $0.00 Mil. New World Gold's Total Assets for the quarter that ended in . 20 was $0.00 Mil.

The historical rank and industry rank for New World Gold's Equity-to-Asset or its related term are showing as below:

NWGC's Equity-to-Asset is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

New World Gold Equity-to-Asset Historical Data

The historical data trend for New World Gold's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

New World Gold Equity-to-Asset Chart

New World Gold Annual Data

Trend

Equity-to-Asset

New World Gold Quarterly Data

Equity-to-Asset

Competitive Comparison of New World Gold's Equity-to-Asset

For the Gold subindustry, New World Gold's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

New World Gold's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New World Gold's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where New World Gold's Equity-to-Asset falls into.

New World Gold Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

New World Gold's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )	=	Total Stockholders Equity	/	Total Assets
	=		/
	=

New World Gold's Equity to Asset Ratio for the quarter that ended in . 20 is calculated as

Equity to Asset (Q: . 20 )	=	Total Stockholders Equity	/	Total Assets
	=		/
	=

New World Gold (OTCPK:NWGC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

New World Gold Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of New World Gold's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.