New Found Gold Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has New Found Gold Corp.'s balance sheet done over the years? Its assets were worth $84,579,493 last year, which is less than in the previous period. 23% of New Found Gold Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $19,076,473, which means an decrease by -30% compared compared to last year.
Debt to Assets
| 2019 | 9355036 | 392.84K | 4.2% |
|---|---|---|---|
| 2020 | 73536928 | 635.08K | 0.86% |
| 2021 | 148057847 | 25.40M | 17.16% |
| 2022 | 110687512 | 27.21M | 24.59% |
| 2023 | 84579493 | 19.07M | 22.55% |
NFG.V Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 53.88M | 82.16M | 100.48M | 47.73M | 7.33M |
Short term investments | 3.59M | 7.47M | 31.94M | 21.08M | 114.93K |
Net receivables | 3.37M | 3.14M | 1.80M | 1.02M | 337.16K |
Inventory | 0 | 1.47M | 2.17M | 1.25M | 0 |
Other current assets | 1.51M | 76.30K | 107.37K | 54.03K | 436.43K |
Total current assets | 62.37M | 94.33M | 136.52M | 71.16M | 8.22M |
Non-current assets: | |||||
Property, Plant and Equipment | 7.79M | 16.35M | 11.53M | 2.37M | 1.12M |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 |
Long term investments | 5.31M | 0 | 0 | 0 | 0 |
Other non-current assets | 9.09M | 0 | 0 | 0 | 0 |
Total non-current assets | 22.20M | 16.35M | 11.53M | 2.37M | 1.12M |
Total assets | 84.57M | 110.68M | 148.05M | 73.53M | 9.35M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 |
Short term debt | 88.95K | 81.38K | 54.25K | 53.20K | 0 |
Total current liabilities | 19.00M | 27.14M | 12.75M | 635.08K | 392.84K |
| Non-current liabilities: | |||||
Long term debt | 68.83K | 68.83K | 46.6K | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 12.6M | 0 | 0 |
Total non-current liabilities | 68.83K | 68.83K | 12.64M | 0 | 0 |
Total liabilities | 19.07M | 27.21M | 25.40M | 635.08K | 392.84K |