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Newpath Resources (XCNQ:PATH) FCF Yield % : -85.20 (As of Jun. 03, 2024)


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What is Newpath Resources FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Newpath Resources's Trailing 12-Month Free Cash Flow is C$-0.85 Mil, and Market Cap is C$0.99 Mil. Therefore, Newpath Resources's FCF Yield % for today is -85.20%.

The historical rank and industry rank for Newpath Resources's FCF Yield % or its related term are showing as below:

XCNQ:PATH' s FCF Yield % Range Over the Past 10 Years
Min: -94.63   Med: 0   Max: 0
Current: -85.2


XCNQ:PATH's FCF Yield % is ranked worse than
94.87% of 2711 companies
in the Metals & Mining industry
Industry Median: -12.12 vs XCNQ:PATH: -85.20

Newpath Resources's FCF Margin % for the quarter that ended in Oct. 2023 was 0.00%.


Newpath Resources FCF Yield % Historical Data

The historical data trend for Newpath Resources's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Newpath Resources FCF Yield % Chart

Newpath Resources Annual Data
Trend Apr20 Apr21 Apr22 Apr23
FCF Yield %
- -41.22 -63.01 -18.89

Newpath Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -152.12 -32.71 -18.04 -32.26 -32.79

Competitive Comparison of Newpath Resources's FCF Yield %

For the Gold subindustry, Newpath Resources's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Newpath Resources's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newpath Resources's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Newpath Resources's FCF Yield % falls into.



Newpath Resources FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Newpath Resources's FCF Yield % for the fiscal year that ended in Apr. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-0.792 / 4.1916905
=-18.89%

Newpath Resources's annualized FCF Yield % for the quarter that ended in Oct. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.168 * 4 / 2.049622
=-32.79%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Newpath Resources FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Newpath Resources FCF Yield % Related Terms

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Newpath Resources (XCNQ:PATH) Business Description

Traded in Other Exchanges
Address
333 Terminal Avenue, Unit 220, Vancouver, BC, CAN, V6A 4C1
Newpath Resources Inc is a precious metals exploration company. It owns the Northshore Gold Project, located in the Schreiber-Hemlo Greenstone Belt near Thunder Bay, Ontario which is prospective for gold and silver mineralization. The company also owns an interest in two separate claim blocks known as the Hemlo Eastern Flanks Project. The company also holds an option to acquire a 100% undivided interest in a continuous claim block comprising the Emmons Peak Project located south of Dryden, Ontario that is near the Treasury Metals Goliath and Goldlund advanced gold development projects.
Executives
Alexander Mcaulay Director