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Financial statements

Newport Gold, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data Newport Gold, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2004FY2005FY2006FY2007FY2008FY2009FY2011FY2011FY2012
Interest expense000
Net income-0.1-0.09-0.34-0.51-2.640.01-0.18-0.24-0.22
EPS, basic-0.01-0.01-0.01
EPS, diluted-0.01-0.01-0.01

Balance sheet

FY2004FY2005FY2006FY2007FY2008FY2009FY2011FY2011FY2012
Cash and equivalents00.040.03
Other current assets000
Total current assets00.040.03
Property, plant and equipment0
Total assets0.040.080.06
Accounts payable0.160.150.16
Total current liabilities0.370.450.19
Total liabilities0.370.450.19
Paid-in capital3.513.694.15
Other comprehensive income0.150.150.15
Shareholders' equity-0.15-0.10.091.59-0.15-0.14-0.33-0.38-0.13
Total equity-0.15-0.10.091.59-0.15-0.14-0.33-0.38-0.13
Total liabilities and equity0.040.080.06
Shares outstanding34.836.857.3

Cash flow statement

FY2004FY2005FY2006FY2007FY2008FY2009FY2011FY2011FY2012
Net income-0.1-0.09-0.34-0.51-2.640.01-0.180.240.22
Depreciation and amortization000
Change in payables0.050.01-0.01
Cash from operations0.01-0.13-0.11
Cash from financing0.160.1
Exchange rate effect-0.0100

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2013; growth uses fiscal years. Valuation uses the share price of $0.01 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-460.8%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y-19.7%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.03xCurrent assets / current liabilities.
Quick ratio0.03x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.03x(Cash + short-term investments) / current liabilities.
Liabilities / assets600.0%Total liabilities / total assets.
Working capital-$245.0KCurrent assets - current liabilities.
Tangible book value-$209.6KShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
Book value per share-$0.00Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.00Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$630.4KShare price x shares outstanding.
Enterprise value$624.1KMarket cap + total debt - cash - short-term investments.
Earnings yield-30.6%Net income / market cap (the inverse of P/E).
Was Newport Gold, Inc. profitable in fiscal 2012?

No. It reported a net loss of $223.3K.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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