New Found Gold (NFGC) Asset Writedowns and Impairment (2021 - 2024)
New Found Gold (NFGC) posted Asset Writedowns and Impairment of -$5849.1 for Q2 2024, down 100.79% sequentially from $740585.9 in Q4 2023, and up 1.79% YoY from -$5746.4 in Q3 2023.
New Found Gold (NFGC) Asset Writedowns and Impairment (2021 - 2024) Analysis & Trends
New Found Gold (NFGC) has 4 years of Asset Writedowns and Impairment data on file, last reported at -$5849.1 in Q2 2024.
- Quarterly Asset Writedowns and Impairment rose 1.79% year-over-year to -$5849.1 in Q2 2024, while the trailing twelve-month figure through Sep 2024 was $734736.8 (up 1116.87% YoY) and the FY2025 annual result came in at -$717256.2, changed N/A from the prior year.
- Asset Writedowns and Impairment slipped to -$5849.1 in Q2 2024 per NFGC's latest filing, from $740585.9 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $740585.9 in Q4 2023, with the low at -$45385.2 in Q4 2021.
- Average Asset Writedowns and Impairment over 4 years is $94649.0, with a median of -$5955.6 recorded in 2023.
- Year-over-year, Asset Writedowns and Impairment plunged 196.52% in 2022 and soared 73.45% in 2023.
- New Found Gold's Asset Writedowns and Impairment stood at -$45385.2 in 2021, then grew by 3.35% to -$43864.0 in 2022, then jumped by 1788.37% to $740585.9 in 2023, then plunged by 100.79% to -$5849.1 in 2024.
- Business Quant data shows NFGC's Asset Writedowns and Impairment at -$5849.1 in Q2 2024, $740585.9 in Q4 2023, and -$5955.6 in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn |
| 10 | New Found Gold | - | - | 1.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 11,728.85 |
| Sep 30, 2024 | 11,728.85 |
| Jun 30, 2024 | -5,849.12 |
| Jun 30, 2024 | -5,849.12 |
| Dec 31, 2023 | 740,585.90 |
| Dec 31, 2023 | 740,585.90 |
| Jun 30, 2023 | -5,955.62 |
| Jun 30, 2023 | -5,955.62 |
| Jun 30, 2022 | -22,435.28 |
| Jun 30, 2022 | -22,435.28 |
| Dec 31, 2021 | -45,385.17 |
| Dec 31, 2021 | -45,385.17 |
| Sep 30, 2021 | 45,446.57 |
| Sep 30, 2021 | 45,446.57 |