Friday 6 November 2026
Export NG’s income statement to Excel — free account
Novagold Resources Inc.
- EPS
- −100.0%
- Free cash flow
- −261.1%
- Total debt
- +9.15%
Quarter to August 2026, against a year earlier
6.14
0.04
+0.66%
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Novagold Resources Inc. (NG) Current ratio
Novagold Resources Inc.'s current ratio at the end of the quarter to 31 August 2026 was 44.5×, up 20.7× from fiscal 2025 (23.8×). Over the past ten years it has ranged from 22.9× (fiscal 2024) to 56.0× (fiscal 2020); the current reading is higher than 18% of that period. That is above the Gold industry median of 3.3× and above the Basic Materials sector median of 2.5×.
Current ratio, annual
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Annual newest first
| Period | Current ratio | Change |
|---|---|---|
| FY2025 | 23.8× | 3.87% |
| FY2024 | 22.9× | (29.67%) |
| FY2023 | 32.6× | (1.80%) |
| FY2022 | 33.2× | (14.21%) |
| FY2021 | 38.7× | (30.92%) |
| FY2020 | 56.0× | 24.45% |
| FY2019 | 45.0× | (2.83%) |
| FY2018 | 46.3× | 86.67% |
| FY2017 | 24.8× | (29.53%) |
| FY2016 | 35.2× | (4.85%) |
Quarterly newest first
| Period | Current ratio | Change |
|---|---|---|
| Aug 2026 | 44.5× | (60.55%) |
| May 2026 | 113× | 27.17% |
| Feb 2026 | 88.7× | 272.89% |
| Nov 2025 | 23.8× | (11.57%) |
| 43 more quarters | Free account |
Against its own ten years
Low 22.9×
High 56.0×
Ten-year median
35.2×
Current reading's percentile
18
Current ratio against peers
| Company | Current ratio |
|---|---|
| NG Novagold Resources Inc. | 44.5× |
| HYMC Hycroft Mining Holding Corporation compare | 13.5× |
| SSRM Silver Standard Resources Inc. compare | 7.5× |
| SA Seabridge Gold Inc. compare | 6.7× |
| DRD DRDGOLD Limited compare | 3.6× |
| FSM Fortuna Mining Corp. compare | 3.0× |
| ARIS Aris Mining Corporation compare | 1.9× |
| OGC Oceanagold Corp. compare | 1.6× |
| AAUC Allied Gold Corporation compare | 0.6× |
| Gold industry median | 3.3× |
| Basic Materials sector median | 2.5× |
| Market median | 1.6× |
What Current ratio is
Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.
Current Assets (Total) ÷ Current Liabilities (Total)