New World Resources Limited
AASX:NWCShare Statistics
As of June 30, 2024, New World Resources Limited has 2.84B shares outstanding.
| Shares Outstanding | 2.84B |
Financial Position
As of June 30, 2024, New World Resources Limited maintains a current ratio of 5.81, meaning it holds 5.8x the short-term assets needed to cover near-term liabilities.
| Current Ratio | 5.81 |
| Quick Ratio | 5.56 |
Financial Efficiency
Over the twelve months ended June 30, 2024, New World Resources Limited posted a negative return on equity (ROE) of -6.59, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -4.55, reflecting losses generated across the asset base.
| Return on Equity (ROE) | -6.59 |
| Return on Assets (ROA) | -4.55 |
Stock Splits
New World Resources Limited's most recent stock split took place on May 3, 2019 with a 20:21 split ratio.
| Last Split Date | 5/3/2019 |
| Split Ratio | 20:21 |
Scores
As of June 30, 2024, New World Resources Limited has an Altman Z-Score of -1.75, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | -1.75 |