New Concept Energy Stock Today

GBR Stock  USD 1.19  0.03  2.46%   

Performance

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Odds Of Distress

Less than 7

 
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New Concept is selling at 1.19 as of the 28th of November 2024; that is 2.46 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.18. New Concept has only a 7 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for New Concept Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
26th of March 1993
Category
Real Estate
New Concept Energy, Inc. engages in real estate rental business. New Concept Energy, Inc. is a former subsidiary of Arcadian Energy, Inc. New Concept operates under Real Estate Services classification in the United States and is traded on AMEX Exchange. It employs 3 people. The company has 5.13 M outstanding shares of which 15.97 K shares are currently shorted by investors with about 0.66 days to cover. More on New Concept Energy

Moving against New Stock

  0.37DX Dynex CapitalPairCorr

New Stock Highlights

ChairmanGene Bertcher
Thematic IdeaPetroleum and Natural Gas (View all Themes)
Old NameGreat Bear Resources Ltd
Business ConcentrationOil & Gas Exploration & Production, Real Estate Services, Real Estate, Petroleum and Natural Gas, Energy, Energy, Oil, Gas & Consumable Fuels, Real Estate Services, Real Estate (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.03120.0328
Notably Down
Slightly volatile
Total Current Liabilities71.2 K75 K
Notably Down
Slightly volatile
Non Current Liabilities Total71.2 K75 K
Notably Down
Slightly volatile
Total Assets4.4 M4.6 M
Notably Down
Slightly volatile
Total Current Assets436.1 K459 K
Notably Down
Pretty Stable
Debt Levels
New Concept can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand New Concept's financial leverage. It provides some insight into what part of New Concept's total assets is financed by creditors.
Liquidity
New Concept Energy has 75 K in debt with debt to equity (D/E) ratio of 0.03, which may show that the company is not taking advantage of profits from borrowing. New Concept Energy has a current ratio of 69.25, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for New to invest in growth at high rates of return.

Other Non Cash Items

12,600
New Concept Energy (GBR) is traded on NYSE MKT Exchange in USA. It is located in 1603 Lyndon B Johnson Freeway, Dallas, TX, United States, 75234 and employs 3 people. New Concept is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a total capitalization of 6.04 M. New Concept Energy runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 5.13 M outstanding shares of which 15.97 K shares are currently shorted by investors with about 0.66 days to cover. New Concept Energy has about 436 K in cash with 22 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check New Concept Probability Of Bankruptcy
Ownership Allocation
New Concept Energy secures 17.46 % of its outstanding shares held by insiders and 5.5 % owned by institutional investors.
Check New Ownership Details

New Concept Historical Income Statement

At this time, New Concept's Non Operating Income Net Other is relatively stable compared to the past year. As of 11/28/2024, Discontinued Operations is likely to grow to about 2.4 M, while Depreciation And Amortization is likely to drop slightly above 12.3 K. View More Fundamentals

New Stock Against Markets

New Concept Corporate Directors

Dan LocklearIndependent DirectorProfile
Roz BeadleIndependent DirectorProfile
Raymond RobertsDirectorProfile
Cecelia MaynardIndependent DirectorProfile

Additional Tools for New Stock Analysis

When running New Concept's price analysis, check to measure New Concept's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Concept is operating at the current time. Most of New Concept's value examination focuses on studying past and present price action to predict the probability of New Concept's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Concept's price. Additionally, you may evaluate how the addition of New Concept to your portfolios can decrease your overall portfolio volatility.