NewAge Current Assets

NewAge posts a current assets of $140M as of September 2021. That compares with $73M in the prior-year period — up 88.6% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, NewAge's current assets was $73M. The latest reading is $140M — a 88.6% year-over-year increase (period ending September 2021). Use the history and growth charts on this page for a longer lookback.

Current Assets is one piece of NewAge's financial statement story. At $140M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for NBEV's current assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; NewAge's other metric pages and overview cover the third.

Judging NewAge against Consumer Staples peers is usually better than using a market-wide rule of thumb. Business models inside Consumer Staples are more comparable, which makes gaps in current assets easier to interpret. Start with $140M here, then scan peer and history charts to see if the gap is persistent.