New Century Resources Limited
ASX:NCZ Stock Report
This company listing is no longer active This company may still be operating, however this listing is no longer active. Find out why through their latest events.
See Latest Events New Century Resources Balance Sheet Health
Financial Health criteria checks 2/6 New Century Resources has a total shareholder equity of A$76.7M and total debt of A$290.1K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are A$462.0M and A$385.3M respectively. New Century Resources's EBIT is A$32.5M making its interest coverage ratio 3.7. It has cash and short-term investments of A$47.8M.
Key information Interest coverage ratio 3.7x Cash AU$47.81m Equity AU$76.73m Total liabilities AU$385.31m Total assets AU$462.04m
Recent financial health updates
Show all updates New Century Resources Limited Appoints Stephan Stander as Director
First half 2023 earnings released: AU$0.22 loss per share (vs AU$0.037 loss in 1H 2022) Feb 28 Feb 28
Returns On Capital Are Showing Encouraging Signs At New Century Resources (ASX:NCZ) Jan 25
New Century Resources Limited Announces Mt Lyell Copper Mine Prefeasibility Study Demonstrates Strong Economics over Multi-Decade Life Jan 24
New Century Resources Limited Announces It Has Achieved Two Major Operational Milestone Jan 17
Price target decreased to AU$3.60 Nov 16
New Century Resources Limited Announces Board Changes Nov 03
New Century Resources Limited Announces September Quarter Production at Century Oct 12
New Century Resources Limited(ASX:NCZ) dropped from S&P Global BMI Index Sep 19 New Century Resources Limited Appoints Robert Cooper as Chief Executive Officer
New Century Resources Limited, Annual General Meeting, Nov 09, 2022 Sep 12
Full year 2022 earnings: EPS and revenues miss analyst expectations Aug 30
New Century Resources Limited Provides an Update on the Quarterly Production and Exploration Activities At the Century Mine in Queensland Jul 12
Investors Will Want New Century Resources' (ASX:NCZ) Growth In ROCE To Persist Jun 15
New Century Resources Limited Provides Update on Progression of Study Work at the Mt Lyell Mine in Tasmania Jun 04
New Century Resources Limited Provides an Update on the Progress of Study Works in Relation to the Mt Lyell Copper Mine in Tasmania Apr 06
First half 2022 earnings: EPS and revenues miss analyst expectations Mar 02
New Century Resources (ASX:NCZ) Has A Somewhat Strained Balance Sheet Dec 06
New Century Resources Limited Provides Feasibility Study Demonstrates Compelling Value Proposition for In-Situ Resource Development At Century Sep 16
Price target increased to AU$0.45 Sep 11
New Century Resources Limited Updates the Identification of Significant Additional Shallow Mineralisation Surrounding the Existing Silver King Lead-Zinc-Silver Deposit, Located At the Century Zinc Mine in Queensland Jul 15
Forecast breakeven pushed back to 2022 Jun 30
New Century Resources Limited Provides Drilling Update at the High-Grade Silver King Lead-Zinc-Silver Deposit, Located at the Century Zinc Mine in Queensland Jun 08
New Century Resources Limited Announces Successful Upgrade of Jameson Cell Feed Jun 01
Analysts Expect New Century Resources Limited (ASX:NCZ) To Breakeven Soon Mar 04
New Century Resources Limited Announces Change in Company Secretary Feb 22
New Century Resources Limited Announces the Recent Commencement of 2021 Drilling At the Century Zinc Mine Jan 25
New Century Resources Limited Delivers the 500,000th Tonne of Zinc Concentrate Jan 19
Price target lowered to AU$0.35 Jan 19
What Is The Ownership Structure Like For New Century Resources Limited (ASX:NCZ)? Jan 10
New 90-day high: AU$0.24 Dec 11
New Century Resources Limited Announces the Appointment of Kerry Gleeson to its Board Nov 26
New 90-day high: AU$0.21 Nov 20
New Century Resources Limited announced that it expects to receive AUD 20.710563 million in funding from Luxor Capital Group, LP Oct 29
New Century Resources Limited to Report Q1, 2021 Results on Oct 21, 2020 Oct 20
Price target lowered to AU$0.42 Aug 17 New Century Resources Limited(ASX:NCZ) dropped from S&P/ASX 300 Index
Financial Position Analysis
Short Term Liabilities: NCZ's short term assets (A$124.1M) do not cover its short term liabilities (A$155.2M).
Long Term Liabilities: NCZ's short term assets (A$124.1M) do not cover its long term liabilities (A$230.2M).
Debt to Equity History and Analysis
Debt Level: NCZ has more cash than its total debt.
Reducing Debt: NCZ's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Cash Runway Analysis For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NCZ has sufficient cash runway for more than a year based on its current free cash flow .
Forecast Cash Runway: NCZ has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.2% each year.
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