NovaGold Resources Inc. (NG) 10-Year Financial Performance & Capital Metrics

NG • • Industrial / General

Basic MaterialsGoldDevelopment-Stage Gold CompaniesAdvanced Development Projects

AboutNovaGold Resources Inc. explores for and develops gold mineral properties in the United States. Its principal asset is the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc. in March 1987. NovaGold Resources Inc. was incorporated in 1984 and is based in Vancouver, Canada.Show more

Revenue $0
EBITDA -$38M -73.8%
Net Income -$46M +2.5%
EPS (Diluted) -0.13 +7.1%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -
ROIC -38.79% -106.8%
Debt/Equity -
Interest Coverage -2.63 -57.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 92 (top 8%)

✗Weaknesses

✗Weak Piotroski F-Score: 1/9
✗Low quality earnings: Net income not backed by cash flow
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-100%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-98.98%

EPS CAGR

10Y-

5Y-

3Y-

TTM-91.33%

ROCE

10Y Avg-13.23%

5Y Avg-18.16%

3Y Avg-19.57%

Latest-32.27%

Peer Comparison

Advanced Development Projects

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ORLAOrla Mining Ltd.	4.98B	14.65	54.26	37.61%	6.98%	9.42%	2.92%	0.00
VGZVista Gold Corp.	276.4M	2.19	0.02			-50.58%
ODVOsisko Development Corp.	895.28M	3.51	-3.82	-85.58%	-22.26%	-45.88%		0.08
IAUXi-80 Gold Corp.	1.28B	1.55	-4.56	-8.33%	-134.89%	-30.97%		0.56
HYMCHycroft Mining Holding Corporation	2.87B	34.59	-13.15		-5.74%	-96.05%
NGNovaGold Resources Inc.	4.11B	10.09	-77.62			-50.76%
SASeabridge Gold Inc.	3.27B	31.32	-89.49			-4.75%		0.67
THMInternational Tower Hill Mines Ltd.	455.27M	2.19	-127.33			-6.16%

Profit & Loss

	Nov 2015	Nov 2016	Nov 2017	Nov 2018	Nov 2019	Nov 2020	Nov 2021	Nov 2022	Nov 2023	Nov 2024
Sales/Revenue+	0	0	0	0	0	0	0	0	0	0
Revenue Growth %	-	-	-	-	-	-	-	-	-	-
Cost of Goods Sold+	33.13K	33K	34K	22K	15K	7K	7K	7K	9.96K	21.4K
COGS % of Revenue	-	-	-	-	-	-	-	-	-	-
Gross Profit+	0	-33K	-34K	-22K	-15K	-7K	-7K	-7K	-9.96K	-21.4K
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-	-	-0.03%	0.35%	0.32%	0.53%	0%	0%	-0.42%	-1.15%
Operating Expenses+	19.89M	20.15M	20.77M	18.47M	16.31M	18.73M	20.2M	19.25M	21.68M	24.23M
OpEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Selling, General & Admin	19.89M	20.15M	20.77M	18.47M	16.31M	18.73M	20.2M	20.1M	21.77M	24.94M
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	401K	8.85M	0	0	92K	0	200K	-849K	0	-701.92K
Operating Income+	-31.7M	-30.15M	-33.7M	-27.29M	-26.81M	-33.24M	-36.84M	-19.4M	-21.78M	-37.86M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.17%	0.05%	-0.12%	0.19%	0.02%	-0.24%	-0.11%	0.47%	-0.12%	-0.74%
EBITDA+	-31.66M	-30.11M	-33.66M	-27.27M	-26.8M	-33.23M	-36.83M	-19.4M	-21.77M	-37.84M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	0.17%	0.05%	-0.12%	0.19%	0.02%	-0.24%	-0.11%	0.47%	-0.12%	-0.74%
D&A (Non-Cash Add-back)	33.13K	32.59K	34.38K	21.37K	15.01K	7.26K	6.86K	6.75K	9.96K	21.4K
EBIT	-25.19M	-28.66M	-31.73M	-23.78M	-8.71M	-18.73M	-17.51M	-16.64M	-33.56M	-29.3M
Net Interest Income+	-4.45M	-3.6M	-4.06M	-4.46M	-3.1M	-4.27M	-5.46M	-6.37M	-7.24M	-9.14M
Interest Income	740K	935.39K	1.17M	1.94M	4.19M	1.74M	458K	1.59M	5.77M	5.23M
Interest Expense	5.19M	4.55M	5.23M	6.46M	7.29M	6.01M	5.92M	7.96M	13.01M	14.37M
Other Income/Expense	-11.51M	-3.42M	-4.59M	-3.65M	-10.16M	-1.11M	-3.56M	-5.1M	-24.78M	-7.04M
Pretax Income+	-31.8M	-33.57M	-36.61M	-30.05M	-26.48M	-20.59M	-23.31M	-53.38M	-46.56M	-44.9M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	153K	-277K	732K	526K	1.28M	-781K	137K	-33K	38.83K	-704.24K
Effective Tax Rate %	1%	1.01%	1.07%	3.75%	1.05%	1.63%	1.74%	1%	1.01%	1.02%
Net Income+	-31.95M	-33.85M	-39.02M	-112.77M	-27.76M	-33.56M	-40.54M	-53.34M	-46.8M	-45.62M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.21%	-0.06%	-0.15%	-1.89%	0.75%	-0.21%	-0.21%	-0.32%	0.12%	0.03%
Net Income (Continuing)	-30.25M	-33.43M	-37.32M	-30.56M	-27.76M	-19.78M	-23.45M	-24.29M	-46.6M	-44.38M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.10	-0.11	-0.12	-0.35	-0.09	-0.10	-0.12	-0.16	-0.14	-0.13
EPS Growth %	0.23%	-0.1%	-0.09%	-1.92%	0.76%	-0.17%	-0.2%	-0.33%	0.13%	0.07%
EPS (Basic)	-0.10	-0.11	-0.12	-0.35	-0.09	-0.10	-0.12	-0.16	-0.14	-0.13
Diluted Shares Outstanding	317.85M	319.77M	321.66M	322.49M	325.79M	329.27M	331.55M	333.24M	334.06M	334.46M
Basic Shares Outstanding	317.85M	319.77M	321.66M	322.49M	325.79M	329.27M	331.55M	333.24M	334.06M	334.46M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Nov 2015	Nov 2016	Nov 2017	Nov 2018	Nov 2019	Nov 2020	Nov 2021	Nov 2022	Nov 2023	Nov 2024
Total Current Assets+	130.04M	107.34M	84.84M	169.38M	150.34M	196.39M	169.45M	152.54M	127.22M	102.75M
Cash & Short-Term Investments	126.73M	105.27M	83.95M	167M	148.55M	121.91M	169.12M	125.88M	125.75M	101.12M
Cash Only	41.73M	30.27M	27.95M	21M	67.55M	60.91M	91.12M	63.88M	45.75M	42.22M
Short-Term Investments	85M	75M	56M	146M	81M	61M	78M	62M	80M	58.94M
Accounts Receivable	295K	547K	303K	1.78M	1.1M	577K	302K	25.36M	344.75K	323K
Days Sales Outstanding	-	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	0	0	0	0	0	0	0	100.51K
Total Non-Current Assets+	303.54M	300.92M	314.03M	91.55M	95.5M	28.05M	29.4M	6.65M	6.07M	7M
Property, Plant & Equipment	43.7M	43.42M	45.23M	39K	42K	634K	423K	958K	898K	1.01M
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	295K	547K	303K	0	0	0	0	0	0	0
Long-Term Investments	244.53M	243.47M	254.01M	2.05M	2.77M	4.02M	5.41M	5.69M	5.17M	5.98M
Other Non-Current Assets	1.12M	1.11M	1.36M	89.46M	92.68M	23.41M	23.57M	0	0	0
Total Assets+	433.58M	408.26M	398.87M	260.93M	245.84M	224.44M	198.85M	159.19M	133.29M	109.75M
Asset Turnover	-	-	-	-	-	-	-	-	-	-
Asset Growth %	-0.17%	-0.06%	-0.02%	-0.35%	-0.06%	-0.09%	-0.11%	-0.2%	-0.16%	-0.18%
Total Current Liabilities+	3.52M	3.05M	3.42M	3.66M	3.34M	3.51M	4.38M	4.6M	3.91M	4.49M
Accounts Payable	0	652K	591K	710K	880K	900K	682K	769K	703K	1.37M
Days Payables Outstanding	-	7.21K	6.34K	11.78K	21.41K	46.93K	35.56K	40.1K	25.77K	23.38K
Short-Term Debt	0	0	0	0	0	0	0	0	0	168.83K
Deferred Revenue (Current)	0	0	0	0	0	1000K	0	0	0	0
Other Current Liabilities	3.51M	214K	182K	182K	1.06M	1.08M	840K	1.16M	212K	77.63K
Current Ratio	36.97x	35.18x	24.79x	46.28x	44.97x	55.97x	38.66x	33.17x	32.57x	22.91x
Quick Ratio	36.97x	35.18x	24.79x	46.28x	44.97x	55.97x	38.66x	33.17x	32.57x	22.91x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	100.77M	104.95M	111.42M	96.58M	104.54M	110.2M	116.19M	124.69M	137.61M	152.68M
Long-Term Debt	80.26M	84.81M	90.04M	96.5M	103.79M	109.8M	115.72M	123.69M	136.75M	151.37M
Capital Lease Obligations	0	0	0	0	0	404K	184K	802K	609K	761K
Deferred Tax Liabilities	20.51M	20.14M	21.38M	80K	751K	0	0	0	0	0
Other Non-Current Liabilities	0	0	-208K	0	0	0	280K	200K	250K	400K
Total Liabilities	104.29M	108M	114.84M	100.24M	107.88M	113.71M	120.57M	129.29M	141.51M	157.17M
Total Debt+	80.26M	84.81M	90.04M	96.5M	103.79M	110.41M	116.13M	124.63M	137.55M	152.45M
Net Debt	38.53M	54.54M	62.09M	75.5M	36.24M	49.51M	25.01M	60.75M	91.8M	110.23M
Debt / Equity	0.24x	0.28x	0.32x	0.60x	0.75x	1.00x	1.48x	4.17x	-	-
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-6.11x	-6.62x	-6.45x	-4.22x	-3.68x	-5.53x	-6.22x	-2.44x	-1.67x	-2.63x
Total Equity+	329.3M	300.26M	284.03M	160.69M	137.95M	110.73M	78.28M	29.9M	-8.22M	-47.42M
Equity Growth %	-0.19%	-0.09%	-0.05%	-0.43%	-0.14%	-0.2%	-0.29%	-0.62%	-1.27%	-4.77%
Book Value per Share	1.04	0.94	0.88	0.50	0.42	0.34	0.24	0.09	-0.02	-0.14
Total Shareholders' Equity	329.3M	300.26M	284.03M	160.69M	137.95M	110.73M	78.28M	29.9M	-8.22M	-47.42M
Common Stock	1.94B	1.94B	1.95B	1.95B	1.97B	1.97B	1.98B	1.98B	1.99B	1.99B
Retained Earnings	-1.67B	-1.71B	-1.74B	-1.86B	-1.89B	-1.92B	-1.96B	-2.01B	-2.06B	-2.1B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-17.68M	-18.86M	-6.17M	-24.48M	-24.81M	-23.88M	-23.29M	-24.42M	-24.47M	-25.11M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Nov 2015	Nov 2016	Nov 2017	Nov 2018	Nov 2019	Nov 2020	Nov 2021	Nov 2022	Nov 2023	Nov 2024
Cash from Operations+	-11.43M	-11.7M	-8.28M	-10.39M	-6.13M	-10.02M	-9.86M	-12.37M	-7.79M	-12.64M
Operating CF Margin %	-	-	-	-	-	-	-	-	-	-
Operating CF Growth %	-0.16%	-0.02%	0.29%	-0.26%	0.41%	-0.64%	0.02%	-0.25%	0.37%	-0.62%
Net Income	-31.95M	-33.85M	-39.02M	-112.77M	-27.76M	-33.56M	-40.54M	-53.34M	-46.8M	-45.62M
Depreciation & Amortization	35K	9.79M	13.43M	9.04M	10.47M	14.68M	938K	856K	0	21.4K
Stock-Based Compensation	9.49M	10.26M	10.29M	7.73M	6.18M	7.06M	8.23M	8.21M	8.73M	0
Deferred Taxes	-829K	-4.28M	382K	80K	671K	-751K	15.4M	0	0	0
Other Non-Cash Items	11.37M	4.58M	5.23M	86.72M	3.99M	2.7M	4.31M	33.96M	30.82M	32.59M
Working Capital Changes	459K	1.8M	1.4M	-1.2M	328K	-135K	1.78M	-2.06M	-535K	368K
Change in Receivables	908K	0	0	0	0	0	-117K	-51K	0	0
Change in Inventory	288K	0	0	0	0	0	-256K	-30K	0	0
Change in Payables	-288K	-225K	52K	233K	84K	-137K	-240K	128K	-62K	559K
Cash from Investing+	-964K	268K	6M	3.53M	53.86M	4.72M	40.39M	-12.36M	-10.33M	9.36M
Capital Expenditures	0	-90.27M	0	102.45M	0	-65.72M	200K	0	0	0
CapEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-964	90.27M	-28K	-13K	-17K	65.72M	75M	73K	42.39M	312.7K
Cash from Financing+	-15.83M	-4.28K	-196K	0	-1.2M	-1.65M	-731K	-2.12M	0	-174K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	843.01K	-4.28K	-196K	0	-1.2M	-1.65M	-731K	-2.12M	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-11.43M	-101.96M	-8.28M	92.06M	-6.13M	-75.74M	-9.66M	-12.37M	-7.79M	-12.64M
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF Growth %	-0.16%	-7.92%	0.92%	12.12%	-1.07%	-11.36%	0.87%	-0.28%	0.37%	-0.62%
FCF per Share	-0.04	-0.32	-0.03	0.29	-0.02	-0.23	-0.03	-0.04	-0.02	-0.04
FCF Conversion (FCF/Net Income)	0.36x	0.35x	0.21x	0.09x	0.22x	0.30x	0.24x	0.23x	0.17x	0.28x
Interest Paid	435K	0	0	0	0	0	0	0	0	0
Taxes Paid	120K	327K	343K	331K	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-8.7%	-10.75%	-13.36%	-50.71%	-18.59%	-26.99%	-42.89%	-98.61%	-431.76%	-
Return on Invested Capital (ROIC)	-5.99%	-6.26%	-7.21%	-7.03%	-9.8%	-14.91%	-20.97%	-15.01%	-18.75%	-38.79%
Debt / Equity	0.24x	0.28x	0.32x	0.60x	0.75x	1.00x	1.48x	4.17x	-	-
Interest Coverage	-6.11x	-6.62x	-6.45x	-4.22x	-3.68x	-5.53x	-6.22x	-2.44x	-1.67x	-2.63x
FCF Conversion	0.36x	0.35x	0.21x	0.09x	0.22x	0.30x	0.24x	0.23x	0.17x	0.28x

Frequently Asked Questions

Growth & Financials

NovaGold Resources Inc. (NG) grew revenue by 0.0% over the past year. Growth has been modest.

NovaGold Resources Inc. (NG) reported a net loss of $89.9M for fiscal year 2024.

Dividend & Returns

NovaGold Resources Inc. (NG) had negative free cash flow of $10.0M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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NovaGold Resources Inc. (NG) 10-Year Financial Performance & Capital Metrics

NG • • Industrial / General

Basic MaterialsGoldDevelopment-Stage Gold CompaniesAdvanced Development Projects

Revenue $0
EBITDA -$38M -73.8%
Net Income -$46M +2.5%
EPS (Diluted) -0.13 +7.1%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -
ROIC -38.79% -106.8%
Debt/Equity -
Interest Coverage -2.63 -57.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 92 (top 8%)

✗Weaknesses

✗Weak Piotroski F-Score: 1/9
✗Low quality earnings: Net income not backed by cash flow
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-100%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-98.98%

EPS CAGR

10Y-

5Y-

3Y-

TTM-91.33%

ROCE

10Y Avg-13.23%

5Y Avg-18.16%

3Y Avg-19.57%

Latest-32.27%

Peer Comparison

Advanced Development Projects

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ORLAOrla Mining Ltd.	4.98B	14.65	54.26	37.61%	6.98%	9.42%	2.92%	0.00
VGZVista Gold Corp.	276.4M	2.19	0.02			-50.58%
ODVOsisko Development Corp.	895.28M	3.51	-3.82	-85.58%	-22.26%	-45.88%		0.08
IAUXi-80 Gold Corp.	1.28B	1.55	-4.56	-8.33%	-134.89%	-30.97%		0.56
HYMCHycroft Mining Holding Corporation	2.87B	34.59	-13.15		-5.74%	-96.05%
NGNovaGold Resources Inc.	4.11B	10.09	-77.62			-50.76%
SASeabridge Gold Inc.	3.27B	31.32	-89.49			-4.75%		0.67
THMInternational Tower Hill Mines Ltd.	455.27M	2.19	-127.33			-6.16%

Profit & Loss

	Nov 2015	Nov 2016	Nov 2017	Nov 2018	Nov 2019	Nov 2020	Nov 2021	Nov 2022	Nov 2023	Nov 2024
Sales/Revenue+	0	0	0	0	0	0	0	0	0	0
Revenue Growth %	-	-	-	-	-	-	-	-	-	-
Cost of Goods Sold+	33.13K	33K	34K	22K	15K	7K	7K	7K	9.96K	21.4K
COGS % of Revenue	-	-	-	-	-	-	-	-	-	-
Gross Profit+	0	-33K	-34K	-22K	-15K	-7K	-7K	-7K	-9.96K	-21.4K
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-	-	-0.03%	0.35%	0.32%	0.53%	0%	0%	-0.42%	-1.15%
Operating Expenses+	19.89M	20.15M	20.77M	18.47M	16.31M	18.73M	20.2M	19.25M	21.68M	24.23M
OpEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Selling, General & Admin	19.89M	20.15M	20.77M	18.47M	16.31M	18.73M	20.2M	20.1M	21.77M	24.94M
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	401K	8.85M	0	0	92K	0	200K	-849K	0	-701.92K
Operating Income+	-31.7M	-30.15M	-33.7M	-27.29M	-26.81M	-33.24M	-36.84M	-19.4M	-21.78M	-37.86M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.17%	0.05%	-0.12%	0.19%	0.02%	-0.24%	-0.11%	0.47%	-0.12%	-0.74%
EBITDA+	-31.66M	-30.11M	-33.66M	-27.27M	-26.8M	-33.23M	-36.83M	-19.4M	-21.77M	-37.84M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	0.17%	0.05%	-0.12%	0.19%	0.02%	-0.24%	-0.11%	0.47%	-0.12%	-0.74%
D&A (Non-Cash Add-back)	33.13K	32.59K	34.38K	21.37K	15.01K	7.26K	6.86K	6.75K	9.96K	21.4K
EBIT	-25.19M	-28.66M	-31.73M	-23.78M	-8.71M	-18.73M	-17.51M	-16.64M	-33.56M	-29.3M
Net Interest Income+	-4.45M	-3.6M	-4.06M	-4.46M	-3.1M	-4.27M	-5.46M	-6.37M	-7.24M	-9.14M
Interest Income	740K	935.39K	1.17M	1.94M	4.19M	1.74M	458K	1.59M	5.77M	5.23M
Interest Expense	5.19M	4.55M	5.23M	6.46M	7.29M	6.01M	5.92M	7.96M	13.01M	14.37M
Other Income/Expense	-11.51M	-3.42M	-4.59M	-3.65M	-10.16M	-1.11M	-3.56M	-5.1M	-24.78M	-7.04M
Pretax Income+	-31.8M	-33.57M	-36.61M	-30.05M	-26.48M	-20.59M	-23.31M	-53.38M	-46.56M	-44.9M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	153K	-277K	732K	526K	1.28M	-781K	137K	-33K	38.83K	-704.24K
Effective Tax Rate %	1%	1.01%	1.07%	3.75%	1.05%	1.63%	1.74%	1%	1.01%	1.02%
Net Income+	-31.95M	-33.85M	-39.02M	-112.77M	-27.76M	-33.56M	-40.54M	-53.34M	-46.8M	-45.62M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.21%	-0.06%	-0.15%	-1.89%	0.75%	-0.21%	-0.21%	-0.32%	0.12%	0.03%
Net Income (Continuing)	-30.25M	-33.43M	-37.32M	-30.56M	-27.76M	-19.78M	-23.45M	-24.29M	-46.6M	-44.38M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.10	-0.11	-0.12	-0.35	-0.09	-0.10	-0.12	-0.16	-0.14	-0.13
EPS Growth %	0.23%	-0.1%	-0.09%	-1.92%	0.76%	-0.17%	-0.2%	-0.33%	0.13%	0.07%
EPS (Basic)	-0.10	-0.11	-0.12	-0.35	-0.09	-0.10	-0.12	-0.16	-0.14	-0.13
Diluted Shares Outstanding	317.85M	319.77M	321.66M	322.49M	325.79M	329.27M	331.55M	333.24M	334.06M	334.46M
Basic Shares Outstanding	317.85M	319.77M	321.66M	322.49M	325.79M	329.27M	331.55M	333.24M	334.06M	334.46M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Nov 2015	Nov 2016	Nov 2017	Nov 2018	Nov 2019	Nov 2020	Nov 2021	Nov 2022	Nov 2023	Nov 2024
Total Current Assets+	130.04M	107.34M	84.84M	169.38M	150.34M	196.39M	169.45M	152.54M	127.22M	102.75M
Cash & Short-Term Investments	126.73M	105.27M	83.95M	167M	148.55M	121.91M	169.12M	125.88M	125.75M	101.12M
Cash Only	41.73M	30.27M	27.95M	21M	67.55M	60.91M	91.12M	63.88M	45.75M	42.22M
Short-Term Investments	85M	75M	56M	146M	81M	61M	78M	62M	80M	58.94M
Accounts Receivable	295K	547K	303K	1.78M	1.1M	577K	302K	25.36M	344.75K	323K
Days Sales Outstanding	-	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	0	0	0	0	0	0	0	100.51K
Total Non-Current Assets+	303.54M	300.92M	314.03M	91.55M	95.5M	28.05M	29.4M	6.65M	6.07M	7M
Property, Plant & Equipment	43.7M	43.42M	45.23M	39K	42K	634K	423K	958K	898K	1.01M
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	295K	547K	303K	0	0	0	0	0	0	0
Long-Term Investments	244.53M	243.47M	254.01M	2.05M	2.77M	4.02M	5.41M	5.69M	5.17M	5.98M
Other Non-Current Assets	1.12M	1.11M	1.36M	89.46M	92.68M	23.41M	23.57M	0	0	0
Total Assets+	433.58M	408.26M	398.87M	260.93M	245.84M	224.44M	198.85M	159.19M	133.29M	109.75M
Asset Turnover	-	-	-	-	-	-	-	-	-	-
Asset Growth %	-0.17%	-0.06%	-0.02%	-0.35%	-0.06%	-0.09%	-0.11%	-0.2%	-0.16%	-0.18%
Total Current Liabilities+	3.52M	3.05M	3.42M	3.66M	3.34M	3.51M	4.38M	4.6M	3.91M	4.49M
Accounts Payable	0	652K	591K	710K	880K	900K	682K	769K	703K	1.37M
Days Payables Outstanding	-	7.21K	6.34K	11.78K	21.41K	46.93K	35.56K	40.1K	25.77K	23.38K
Short-Term Debt	0	0	0	0	0	0	0	0	0	168.83K
Deferred Revenue (Current)	0	0	0	0	0	1000K	0	0	0	0
Other Current Liabilities	3.51M	214K	182K	182K	1.06M	1.08M	840K	1.16M	212K	77.63K
Current Ratio	36.97x	35.18x	24.79x	46.28x	44.97x	55.97x	38.66x	33.17x	32.57x	22.91x
Quick Ratio	36.97x	35.18x	24.79x	46.28x	44.97x	55.97x	38.66x	33.17x	32.57x	22.91x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	100.77M	104.95M	111.42M	96.58M	104.54M	110.2M	116.19M	124.69M	137.61M	152.68M
Long-Term Debt	80.26M	84.81M	90.04M	96.5M	103.79M	109.8M	115.72M	123.69M	136.75M	151.37M
Capital Lease Obligations	0	0	0	0	0	404K	184K	802K	609K	761K
Deferred Tax Liabilities	20.51M	20.14M	21.38M	80K	751K	0	0	0	0	0
Other Non-Current Liabilities	0	0	-208K	0	0	0	280K	200K	250K	400K
Total Liabilities	104.29M	108M	114.84M	100.24M	107.88M	113.71M	120.57M	129.29M	141.51M	157.17M
Total Debt+	80.26M	84.81M	90.04M	96.5M	103.79M	110.41M	116.13M	124.63M	137.55M	152.45M
Net Debt	38.53M	54.54M	62.09M	75.5M	36.24M	49.51M	25.01M	60.75M	91.8M	110.23M
Debt / Equity	0.24x	0.28x	0.32x	0.60x	0.75x	1.00x	1.48x	4.17x	-	-
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-6.11x	-6.62x	-6.45x	-4.22x	-3.68x	-5.53x	-6.22x	-2.44x	-1.67x	-2.63x
Total Equity+	329.3M	300.26M	284.03M	160.69M	137.95M	110.73M	78.28M	29.9M	-8.22M	-47.42M
Equity Growth %	-0.19%	-0.09%	-0.05%	-0.43%	-0.14%	-0.2%	-0.29%	-0.62%	-1.27%	-4.77%
Book Value per Share	1.04	0.94	0.88	0.50	0.42	0.34	0.24	0.09	-0.02	-0.14
Total Shareholders' Equity	329.3M	300.26M	284.03M	160.69M	137.95M	110.73M	78.28M	29.9M	-8.22M	-47.42M
Common Stock	1.94B	1.94B	1.95B	1.95B	1.97B	1.97B	1.98B	1.98B	1.99B	1.99B
Retained Earnings	-1.67B	-1.71B	-1.74B	-1.86B	-1.89B	-1.92B	-1.96B	-2.01B	-2.06B	-2.1B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-17.68M	-18.86M	-6.17M	-24.48M	-24.81M	-23.88M	-23.29M	-24.42M	-24.47M	-25.11M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Nov 2015	Nov 2016	Nov 2017	Nov 2018	Nov 2019	Nov 2020	Nov 2021	Nov 2022	Nov 2023	Nov 2024
Cash from Operations+	-11.43M	-11.7M	-8.28M	-10.39M	-6.13M	-10.02M	-9.86M	-12.37M	-7.79M	-12.64M
Operating CF Margin %	-	-	-	-	-	-	-	-	-	-
Operating CF Growth %	-0.16%	-0.02%	0.29%	-0.26%	0.41%	-0.64%	0.02%	-0.25%	0.37%	-0.62%
Net Income	-31.95M	-33.85M	-39.02M	-112.77M	-27.76M	-33.56M	-40.54M	-53.34M	-46.8M	-45.62M
Depreciation & Amortization	35K	9.79M	13.43M	9.04M	10.47M	14.68M	938K	856K	0	21.4K
Stock-Based Compensation	9.49M	10.26M	10.29M	7.73M	6.18M	7.06M	8.23M	8.21M	8.73M	0
Deferred Taxes	-829K	-4.28M	382K	80K	671K	-751K	15.4M	0	0	0
Other Non-Cash Items	11.37M	4.58M	5.23M	86.72M	3.99M	2.7M	4.31M	33.96M	30.82M	32.59M
Working Capital Changes	459K	1.8M	1.4M	-1.2M	328K	-135K	1.78M	-2.06M	-535K	368K
Change in Receivables	908K	0	0	0	0	0	-117K	-51K	0	0
Change in Inventory	288K	0	0	0	0	0	-256K	-30K	0	0
Change in Payables	-288K	-225K	52K	233K	84K	-137K	-240K	128K	-62K	559K
Cash from Investing+	-964K	268K	6M	3.53M	53.86M	4.72M	40.39M	-12.36M	-10.33M	9.36M
Capital Expenditures	0	-90.27M	0	102.45M	0	-65.72M	200K	0	0	0
CapEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-964	90.27M	-28K	-13K	-17K	65.72M	75M	73K	42.39M	312.7K
Cash from Financing+	-15.83M	-4.28K	-196K	0	-1.2M	-1.65M	-731K	-2.12M	0	-174K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	843.01K	-4.28K	-196K	0	-1.2M	-1.65M	-731K	-2.12M	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-11.43M	-101.96M	-8.28M	92.06M	-6.13M	-75.74M	-9.66M	-12.37M	-7.79M	-12.64M
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF Growth %	-0.16%	-7.92%	0.92%	12.12%	-1.07%	-11.36%	0.87%	-0.28%	0.37%	-0.62%
FCF per Share	-0.04	-0.32	-0.03	0.29	-0.02	-0.23	-0.03	-0.04	-0.02	-0.04
FCF Conversion (FCF/Net Income)	0.36x	0.35x	0.21x	0.09x	0.22x	0.30x	0.24x	0.23x	0.17x	0.28x
Interest Paid	435K	0	0	0	0	0	0	0	0	0
Taxes Paid	120K	327K	343K	331K	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-8.7%	-10.75%	-13.36%	-50.71%	-18.59%	-26.99%	-42.89%	-98.61%	-431.76%	-
Return on Invested Capital (ROIC)	-5.99%	-6.26%	-7.21%	-7.03%	-9.8%	-14.91%	-20.97%	-15.01%	-18.75%	-38.79%
Debt / Equity	0.24x	0.28x	0.32x	0.60x	0.75x	1.00x	1.48x	4.17x	-	-
Interest Coverage	-6.11x	-6.62x	-6.45x	-4.22x	-3.68x	-5.53x	-6.22x	-2.44x	-1.67x	-2.63x
FCF Conversion	0.36x	0.35x	0.21x	0.09x	0.22x	0.30x	0.24x	0.23x	0.17x	0.28x

Frequently Asked Questions

Growth & Financials

NovaGold Resources Inc. (NG) grew revenue by 0.0% over the past year. Growth has been modest.

NovaGold Resources Inc. (NG) reported a net loss of $89.9M for fiscal year 2024.

Dividend & Returns

NovaGold Resources Inc. (NG) had negative free cash flow of $10.0M in fiscal year 2024, likely due to heavy capital investments.