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Side-by-side financial comparison of New Gold Inc. (NGD) and NATURAL RESOURCE PARTNERS LP (NRP). Click either name above to swap in a different company.
NATURAL RESOURCE PARTNERS LP is the larger business by last-quarter revenue ($51.3M vs $44.1M, roughly 1.2× New Gold Inc.).
JB Hi-Fi Limited is an Australian consumer electronics retail company. It is publicly listed on the Australian Securities Exchange. Its headquarters are located in Southbank, Melbourne, Victoria.
Natural Resource Partners LP is a U.S.-headquartered master limited partnership that owns, manages and leases mineral reserve interests. Its asset portfolio covers coal, aggregates, industrial minerals and oil & gas, with operations primarily across North America, deriving most revenue from royalties paid by third-party resource extraction operators.
NGD vs NRP — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2025
| Metric | ||
|---|---|---|
| Revenue | $44.1M | $51.3M |
| Net Profit | — | $40.3M |
| Gross Margin | — | — |
| Operating Margin | — | 83.7% |
| Net Margin | — | 78.5% |
| Revenue YoY | — | -21.8% |
| Net Profit YoY | — | -28.4% |
| EPS (diluted) | — | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q3 25 | $44.1M | — | ||
| Q1 25 | — | $51.3M | ||
| Q4 24 | — | $61.8M | ||
| Q3 24 | — | $50.4M | ||
| Q2 24 | — | $54.6M | ||
| Q1 24 | — | $65.6M | ||
| Q4 23 | — | $72.9M | ||
| Q3 23 | — | $68.5M |
| Q3 25 | — | — | ||
| Q1 25 | — | $40.3M | ||
| Q4 24 | — | $42.8M | ||
| Q3 24 | — | $38.6M | ||
| Q2 24 | — | $46.1M | ||
| Q1 24 | — | $56.2M | ||
| Q4 23 | — | $65.0M | ||
| Q3 23 | — | $63.8M |
| Q3 25 | — | — | ||
| Q1 25 | — | 83.7% | ||
| Q4 24 | — | 74.9% | ||
| Q3 24 | — | 84.9% | ||
| Q2 24 | — | 92.3% | ||
| Q1 24 | — | 91.0% | ||
| Q4 23 | — | 94.5% | ||
| Q3 23 | — | 98.8% |
| Q3 25 | — | — | ||
| Q1 25 | — | 78.5% | ||
| Q4 24 | — | 69.2% | ||
| Q3 24 | — | 76.6% | ||
| Q2 24 | — | 84.4% | ||
| Q1 24 | — | 85.7% | ||
| Q4 23 | — | 89.1% | ||
| Q3 23 | — | 93.2% |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $30.9M |
| Total DebtLower is stronger | — | $138.8M |
| Stockholders' EquityBook value | — | — |
| Total Assets | — | $772.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | — | ||
| Q1 25 | — | $30.9M | ||
| Q4 24 | — | $30.4M | ||
| Q3 24 | — | $30.9M | ||
| Q2 24 | — | $32.3M | ||
| Q1 24 | — | $11.0M | ||
| Q4 23 | — | $12.0M | ||
| Q3 23 | — | $18.4M |
| Q3 25 | — | — | ||
| Q1 25 | — | $138.8M | ||
| Q4 24 | — | $142.1M | ||
| Q3 24 | — | $197.4M | ||
| Q2 24 | — | $210.3M | ||
| Q1 24 | — | $188.8M | ||
| Q4 23 | — | $155.1M | ||
| Q3 23 | — | $207.5M |
| Q3 25 | — | — | ||
| Q1 25 | — | $772.5M | ||
| Q4 24 | — | $772.9M | ||
| Q3 24 | — | $772.9M | ||
| Q2 24 | — | $789.6M | ||
| Q1 24 | — | $772.9M | ||
| Q4 23 | — | $797.9M | ||
| Q3 23 | — | $815.2M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $34.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 0.86× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | — | ||
| Q1 25 | — | $34.4M | ||
| Q4 24 | — | $66.2M | ||
| Q3 24 | — | $54.1M | ||
| Q2 24 | — | $56.6M | ||
| Q1 24 | — | $71.5M | ||
| Q4 23 | — | $77.8M | ||
| Q3 23 | — | $78.9M |
| Q3 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% | ||
| Q4 23 | — | 0.0% | ||
| Q3 23 | — | 0.0% |
| Q3 25 | — | — | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | — | 1.55× | ||
| Q3 24 | — | 1.40× | ||
| Q2 24 | — | 1.23× | ||
| Q1 24 | — | 1.27× | ||
| Q4 23 | — | 1.20× | ||
| Q3 23 | — | 1.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NGD
Segment breakdown not available.
NRP
| Coal Royalty Revenues | $35.5M | 69% |
| Soda Ash Segment | $4.6M | 9% |
| Transportation And Processing Services | $4.4M | 9% |
| Production Lease Minimum Revenues | $2.7M | 5% |
| Oil And Gas Royalty Revenues | $2.4M | 5% |
| Other | $1.6M | 3% |