Novagold Resources Inc.

NG Basic Materials Gold

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%
Market cap
$2.7B
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Novagold Resources Inc. (NG) Current ratio

Alert me on 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

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

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)

The full definition of Current ratio →

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