NovaGold Financial Statements From 2010 to 2024

NG Stock  USD 2.85  0.08  2.73%   
NovaGold Resources financial statements provide useful quarterly and yearly information to potential NovaGold Resources investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on NovaGold Resources financial statements helps investors assess NovaGold Resources' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting NovaGold Resources' valuation are summarized below:
Market Capitalization
979.7 M
Earnings Share
(0.14)
There are over one hundred nineteen available fundamental ratios for NovaGold Resources, which can be analyzed over time and compared to other ratios. Active traders should verify all of NovaGold Resources last-minute fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. The NovaGold Resources' current Market Cap is estimated to increase to about 1.8 B. The NovaGold Resources' current Working Capital is estimated to increase to about 137.5 M
Check NovaGold Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NovaGold main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 K, Interest Expense of 11.7 M or Total Revenue of 0.0, as well as many exotic indicators such as Price To Sales Ratio of 6.6 K, Dividend Yield of 0.0 or Days Sales Outstanding of 12.9 K. NovaGold financial statements analysis is a perfect complement when working with NovaGold Resources Valuation or Volatility modules.
  
This module can also supplement NovaGold Resources' financial leverage analysis and stock options assessment as well as various NovaGold Resources Technical models . Check out the analysis of NovaGold Resources Correlation against competitors.
For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.

NovaGold Resources Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets145.6 M153.3 M302.3 M
Slightly volatile
Short and Long Term Debt Total166.1 M158.2 M105.8 M
Slightly volatile
Other Current Liabilities7.3 M4.5 M5.7 M
Pretty Stable
Total Current Liabilities4.3 M4.5 M12 M
Slightly volatile
Property Plant And Equipment Net767.8 K808.2 K16.7 M
Slightly volatile
Accounts Payable601.1 K632.7 K3.1 M
Slightly volatile
Cash56.7 M52.6 M64.4 M
Pretty Stable
Non Current Assets Total6.6 MM155.9 M
Slightly volatile
Non Currrent Assets Other20.5 M27.1 M23.9 M
Slightly volatile
Cash And Short Term Investments94.2 M144.6 M135 M
Very volatile
Common Stock Shares Outstanding200.8 M384.2 M295.3 M
Slightly volatile
Liabilities And Stockholders Equity145.6 M153.3 M302.3 M
Slightly volatile
Non Current Liabilities Total88.1 M158.2 M102.2 M
Slightly volatile
Other Current Assets1.3 M1.3 M1.3 M
Pretty Stable
Other Stockholder Equity96.8 M101.9 M208 M
Slightly volatile
Total Liabilities107.2 M162.7 M115.3 M
Slightly volatile
Total Current Assets102.2 M146.3 M144 M
Very volatile
Net Receivables376.9 K396.8 K7.6 M
Pretty Stable
Other Liabilities171 K180 KM
Slightly volatile
Long Term Debt165.1 M157.3 M99.7 M
Slightly volatile
Common Stock1.3 B2.3 B1.8 B
Slightly volatile
Property Plant Equipment819.1 K862.2 K16.8 M
Slightly volatile
Long Term Debt Total106.3 M142.2 M100.6 M
Slightly volatile
Capital Surpluse88.5 M95.3 M80.3 M
Slightly volatile
Cash And Equivalents57 M73.5 M47.2 M
Slightly volatile
Net Invested Capital179.4 M115.7 M273.9 M
Slightly volatile
Net Working Capital160.8 M141.8 M121 M
Slightly volatile
Capital Stock2.2 B2.3 BB
Slightly volatile

NovaGold Resources Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses29.8 M25.1 M22.2 M
Very volatile
Total Operating Expenses26.3 M25.1 M21.5 M
Very volatile
Interest IncomeM6.7 M2.5 M
Slightly volatile
Selling And Marketing Expenses82.3 K92.6 K100.9 K
Slightly volatile

NovaGold Resources Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow56.7 M52.6 M64.4 M
Pretty Stable
Depreciation1.2 M1.3 M4.2 M
Very volatile
Stock Based Compensation8.2 M10 M9.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.6 K6.3 K6.5 K
Slightly volatile
Days Sales Outstanding12.9 K12.3 K12.6 K
Slightly volatile
Average Payables11.5 M13 M13.3 M
Slightly volatile
Stock Based Compensation To Revenue18.1417.2817.7981
Slightly volatile
EV To Sales6.8 K6.4 K6.6 K
Slightly volatile
Payables Turnover0.01550.01630.0748
Slightly volatile
Sales General And Administrative To Revenue209199205
Slightly volatile
Research And Ddevelopement To Revenue1.141.121.2094
Pretty Stable
Cash Per Share0.340.37640.4257
Pretty Stable
Days Payables Outstanding23.6 K23.2 K18.4 K
Slightly volatile
Tangible Asset Value452.9 M431.3 M442.6 M
Slightly volatile
Current Ratio30.7829.3131.0087
Slightly volatile
Receivables Turnover0.02930.03080.3699
Slightly volatile
Graham Number0.30.321.3112
Slightly volatile
Average Receivables868 K913.7 K1.4 M
Slightly volatile
Revenue Per Share0.00180.00190.0025
Slightly volatile
Interest Debt Per Share0.240.410.3406
Pretty Stable
Debt To Assets0.980.930.4571
Slightly volatile
Days Of Payables Outstanding23.6 K23.2 K18.4 K
Slightly volatile
Long Term Debt To Capitalization1.010.960.4845
Slightly volatile
Total Debt To Capitalization1.010.960.4803
Slightly volatile
Quick Ratio30.5129.0530.7469
Slightly volatile
Net Income Per E B T1.721.151.2219
Pretty Stable
Cash Ratio11.0710.5411.0628
Slightly volatile
Days Of Sales Outstanding12.9 K12.3 K12.6 K
Slightly volatile
Fixed Asset Turnover7.0E-47.0E-40.0013
Slightly volatile
Debt Ratio0.980.930.4571
Slightly volatile
Price Sales Ratio6.6 K6.3 K6.5 K
Slightly volatile
Asset Turnover6.0E-46.0E-40.001
Slightly volatile
Gross Profit Margin0.540.510.4531
Slightly volatile
Operating Cycle13.7 K13 K13.4 K
Slightly volatile

NovaGold Resources Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.8 B1.7 B2.6 B
Pretty Stable
Enterprise Value1.9 B1.8 B2.5 B
Very volatile

NovaGold Fundamental Market Drivers

Cash And Short Term Investments125.7 M

NovaGold Upcoming Events

2nd of April 2024
Upcoming Quarterly Report
View
29th of February 2024
Next Fiscal Quarter End
View

About NovaGold Resources Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NovaGold Resources income statement, its balance sheet, and the statement of cash flows. NovaGold Resources investors use historical funamental indicators, such as NovaGold Resources's revenue or net income, to determine how well the company is positioned to perform in the future. Although NovaGold Resources investors may use each financial statement separately, they are all related. The changes in NovaGold Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NovaGold Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NovaGold Resources Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NovaGold Resources. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-805.5 K-765.2 K
Total Revenue 0.00  0.00 
Cost Of RevenueK8.6 K
Stock Based Compensation To Revenue 17.28  18.14 
Sales General And Administrative To Revenue 199.42  209.39 
Research And Ddevelopement To Revenue 1.12  1.14 
Capex To Revenue(16.00)(16.80)
Revenue Per Share 0  0 
Ebit Per Revenue(261.44)(248.37)

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When determining whether NovaGold Resources is a strong investment it is important to analyze NovaGold Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NovaGold Resources' future performance. For an informed investment choice regarding NovaGold Stock, refer to the following important reports:
Check out the analysis of NovaGold Resources Correlation against competitors.
For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.
Note that the NovaGold Resources information on this page should be used as a complementary analysis to other NovaGold Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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Is NovaGold Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NovaGold Resources. If investors know NovaGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NovaGold Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.14)
Return On Assets
(0.10)
Return On Equity
(17.91)
The market value of NovaGold Resources is measured differently than its book value, which is the value of NovaGold that is recorded on the company's balance sheet. Investors also form their own opinion of NovaGold Resources' value that differs from its market value or its book value, called intrinsic value, which is NovaGold Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NovaGold Resources' market value can be influenced by many factors that don't directly affect NovaGold Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NovaGold Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NovaGold Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NovaGold Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.