stockrow
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%
Follow NG
Alert me
Novagold Resources Inc. (NG) Return on assets
Novagold Resources Inc.'s return on assets over the twelve months to 31 August 2026 was −20.2%, up 22.3 percentage points from fiscal 2025 (−42.5%). Over the past ten years it has ranged from −42.5% (fiscal 2025) to −6.67% (fiscal 2015) — the current reading is the lowest in ten years. That is below the Gold industry median of 0.10% and below the Basic Materials sector median of 0.00%.
Return on assets, annual
Embed this chart
Annual newest first
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | −42.5% | (4.94) |
| FY2024 | −37.5% | (5.54) |
| FY2023 | −32.0% | (2.20) |
| FY2022 | −29.8% | (10.65) |
| FY2021 | −19.2% | (4.88) |
| FY2020 | −14.3% | (3.31) |
| FY2019 | −11.0% | 23.23 |
| FY2018 | −34.2% | (24.52) |
| FY2017 | −9.67% | (1.63) |
| FY2016 | −8.04% | (1.37) |
Against its own ten years
Low −42.5%
High −6.67%
Ten-year median
−19.2%
Current reading's percentile
9
Return on assets against peers
| Company | Return on assets |
|---|---|
| OGC Oceanagold Corp. compare | 27.1% |
| FSM Fortuna Mining Corp. compare | 16.3% |
| ARIS Aris Mining Corporation compare | 11.3% |
| SSRM Silver Standard Resources Inc. compare | 4.95% |
| DRD DRDGOLD Limited compare | 0.00% |
| AAUC Allied Gold Corporation compare | −3.38% |
| SA Seabridge Gold Inc. compare | −4.15% |
| NG Novagold Resources Inc. | −20.2% |
| HYMC Hycroft Mining Holding Corporation compare | −40.0% |
| Gold industry median | 0.10% |
| Basic Materials sector median | 0.00% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)