New Gold (TSX:NGD) Pre-Tax Income : C$-80 Mil (TTM As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is New Gold Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. New Gold's pretax income for the three months ended in Dec. 2023 was C$-41 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was C$-80 Mil. New Gold's pretax margin was -15.46%.

During the past 13 years, New Gold's highest Pretax Margin was 21.50%. The lowest was -181.31%. And the median was -11.69%.

New Gold Pre-Tax Income Historical Data

The historical data trend for New Gold's Pre-Tax Income 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 Gold Pre-Tax Income Chart

New Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

Get a 7-Day Free Trial

-97.32

-96.07

205.18

-88.85

-79.42

New Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial															-7.74	-43.10	-2.39	6.63	-41.32

Competitive Comparison of New Gold's Pre-Tax Income

For the Gold subindustry, New Gold's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Gold's Pre-Tax Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Gold's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where New Gold's Pre-Tax Income falls into.

New Gold Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

New Gold's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	82.24	+	-154.016	+	-9.391	+	10.062	+	-8.318
	=	-79

New Gold's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	0.671	+	-41.321	+	-1.342	+	2.549	+	-1.878
	=	-41

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-80 Mil.

New Gold (TSX:NGD) Pre-Tax Income Explanation

New Gold's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-41.321	/	267.247
	=	-15.46%

During the past 13 years, New Gold's highest Pretax Margin was 21.50%. The lowest was -181.31%. And the median was -11.69%.

New Gold Pre-Tax Income Related Terms

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

New Gold (TSX:NGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Gold Inc (TSX:NGD) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

NGD:USA 32N:Germany

Address

181 Bay Street, Suite 3320, Toronto, ON, CAN, M5J 2T3

Website

https://www.newgold.com

New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver to various banks engaged in the trading of precious metals and refineries.