Newport Gold Inc Financials
This page shows Newport Gold Inc (NWPG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2012 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Newport Gold Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Newport Gold Inc's current ratio of 0.14 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Newport Gold Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Newport Gold Inc generates $0.51 in operating cash flow (-$113K OCF vs -$223K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Newport Gold Inc reported -$223K in net income in fiscal year 2012. This represents an increase of 7.3% from the prior year.
Cash & Balance Sheet
Newport Gold Inc held $27K in cash against $0 in long-term debt as of fiscal year 2012.
Newport Gold Inc had 57M shares outstanding in fiscal year 2012. This represents an increase of 55.6% from the prior year.
Margins & Returns
Capital Allocation
NWPG Income Statement
| Metric | Q2'13 | Q1'13 | Q4'12 | Q3'12 | Q2'12 | Q1'12 | Q4'11 | Q3'11 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $367+543.9% | $57 | N/A | $306+30.2% | $235+1466.7% | $15 | N/A | $789 |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$34K+28.8% | -$48K | N/A | -$56K+18.0% | -$68K-58.3% | -$43K | N/A | -$57K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
NWPG Balance Sheet
| Metric | Q2'13 | Q1'13 | Q4'12 | Q3'12 | Q2'12 | Q1'12 | Q4'11 | Q3'11 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $42K+3.8% | $40K-35.1% | $62K-40.6% | $105K+96.5% | $53K-23.3% | $70K-10.3% | $77K-36.8% | $123K |
| Current Assets | $7K+31.0% | $5K-81.4% | $27K-61.3% | $69K+287.1% | $18K-47.5% | $34K-18.9% | $42K-51.3% | $86K |
| Cash & Equivalents | $6K+32.5% | $5K-82.1% | $27K-61.5% | $69K+290.9% | $18K-47.8% | $34K-19.0% | $42K-51.5% | $86K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $252K+16.4% | $216K+13.5% | $190K-65.4% | $550K+1.8% | $540K+10.7% | $488K+7.8% | $453K+1.1% | $448K |
| Current Liabilities | $252K+16.4% | $216K+13.5% | $190K-65.4% | $550K+1.8% | $540K+10.7% | $488K+7.8% | $453K+1.1% | $448K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$210K-19.3% | -$176K-37.1% | -$128K+71.2% | -$445K+8.6% | -$487K-16.3% | -$419K-11.5% | -$376K-15.3% | -$326K |
| Retained Earnings | $4.6M+0.7% | $4.5M | N/A | N/A | N/A | N/A | N/A | N/A |
NWPG Cash Flow Statement
| Metric | Q2'13 | Q1'13 | Q4'12 | Q3'12 | Q2'12 | Q1'12 | Q4'11 | Q3'11 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2K+107.1% | -$22K+48.7% | -$43K+8.6% | -$47K-187.1% | -$16K-103.7% | -$8K+89.6% | -$76K-97.1% | -$39K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | $0 | N/A | N/A | N/A | $31K-75.3% | $126K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
NWPG Financial Ratios
| Metric | Q2'13 | Q1'13 | Q4'12 | Q3'12 | Q2'12 | Q1'12 | Q4'11 | Q3'11 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -80.8%+36.9pp | -117.8% | N/A | -53.5%+74.7pp | -128.2%-66.1pp | -62.1% | N/A | -46.8% |
| Current Ratio | 0.030.0 | 0.02-0.1 | 0.14+0.0 | 0.13+0.1 | 0.03-0.0 | 0.07-0.0 | 0.09-0.1 | 0.19 |
| Debt-to-Equity | -1.20+0.0 | -1.23+0.3 | -1.49-0.3 | -1.24-0.1 | -1.11+0.1 | -1.17+0.0 | -1.21+0.2 | -1.38 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$128K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.14), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
Is Newport Gold Inc profitable?
No, Newport Gold Inc (NWPG) reported a net income of -$223K in fiscal year 2012.
What is Newport Gold Inc's operating cash flow?
Newport Gold Inc (NWPG) generated -$113K in operating cash flow during fiscal year 2012, representing cash generated from core business activities.
What are Newport Gold Inc's total assets?
Newport Gold Inc (NWPG) had $62K in total assets as of fiscal year 2012, including both current and long-term assets.
What is Newport Gold Inc's current ratio?
Newport Gold Inc (NWPG) had a current ratio of 0.14 as of fiscal year 2012, which is below 1.0, which may suggest potential liquidity concerns.
What is Newport Gold Inc's debt-to-equity ratio?
Newport Gold Inc (NWPG) had a debt-to-equity ratio of -1.49 as of fiscal year 2012, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Newport Gold Inc's return on assets (ROA)?
Newport Gold Inc (NWPG) had a return on assets of -358.9% for fiscal year 2012, measuring how efficiently the company uses its assets to generate profit.
What is Newport Gold Inc's cash runway?
Based on fiscal year 2012 data, Newport Gold Inc (NWPG) had $27K in cash against an annual operating cash burn of $113K. This gives an estimated cash runway of approximately 3 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Newport Gold Inc's debt-to-equity ratio negative or unusual?
Newport Gold Inc (NWPG) has negative shareholder equity of -$128K as of fiscal year 2012, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Newport Gold Inc's Piotroski F-Score?
Newport Gold Inc (NWPG) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Newport Gold Inc's earnings high quality?
Newport Gold Inc (NWPG) has an earnings quality ratio of 0.51x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Newport Gold Inc?
Newport Gold Inc (NWPG) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.