New Found Gold annual current ratio
2020
2021
2022
2023
2024
2025
New Found Gold Current Ratio Growth & History (NFGC)
New Found Gold's current ratio was 3.89 for fiscal 2025.
View full New Found Gold company overviewNew Found Gold annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 3.89 | −0.15 | −3.60% |
| 2024 | 2024-12-31 | 4.03 | 0.75 | +22.86% |
| 2023 | 2023-12-31 | 3.28 | −0.19 | −5.57% |
| 2022 | 2022-12-31 | 3.48 | −7.23 | −67.53% |
| 2021 | 2021-12-31 | 10.70 | −101.35 | −90.45% |
| 2020 | 2020-12-31 | 112.05 | — | — |
New Found Gold quarterly current ratio
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.36 | 2.04 | +61.29% |
| Q1 2026 | 2026-03-31 | 2.89 | −1.60 | −35.60% |
| Q4 2025 | 2025-12-31 | 3.89 | −0.15 | −3.60% |
| Q3 2025 | 2025-09-30 | 4.04 | — | — |
| Q2 2025 | 2025-06-30 | 3.32 | — | — |
| Q1 2025 | 2025-03-31 | 4.49 | — | — |
| Q4 2024 | 2024-12-31 | 4.03 | 0.75 | +22.86% |
| Q4 2023 | 2023-12-31 | 3.28 | −0.19 | −5.57% |
| Q4 2022 | 2022-12-31 | 3.48 | −7.23 | −67.53% |
| Q4 2021 | 2021-12-31 | 10.70 | −101.35 | −90.45% |
| Q4 2020 | 2020-12-31 | 112.05 | — | — |
New Found Gold current ratio trends
Over the last five fiscal years, New Found Gold's current ratio decreased from 112.05 to 3.89, a change of −108.16. The latest reported quarter, Q2 2026, shows 5.36.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review New Found Gold source filings ↗