stockrowNovagold Resources Inc.
- EPS
- −100.0%
- Free cash flow
- −261.1%
- Total debt
- +9.15%
Quarter to August 2026, against a year earlier
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Novagold Resources Inc. (NG) Return on invested capital
Novagold Resources Inc.'s return on invested capital over the twelve months to 31 August 2026 was −25.7%, down 11.9 percentage points from fiscal 2025 (−13.8%). Over the past ten years it has ranged from −907.6% (fiscal 2023) to −6.73% (fiscal 2016); the current reading is higher than 73% of that period. That is below the Gold industry median of 0.26% and below the Basic Materials sector median of 0.96%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | −13.8% | 807.23 |
| FY2024 | −821.0% | 86.62 |
| FY2023 | −907.6% | (798.71) |
| FY2022 | −108.9% | (16.36) |
| FY2021 | −92.5% | (71.47) |
| FY2020 | −21.1% | (3.08) |
| FY2019 | −18.0% | 0.93 |
| FY2018 | −18.9% | (12.01) |
| FY2017 | −6.90% | (0.17) |
| FY2016 | −6.73% | 0.11 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| AAUC Allied Gold Corporation compare | 43.0% |
| OGC Oceanagold Corp. compare | 33.7% |
| FSM Fortuna Mining Corp. compare | 27.1% |
| SSRM Silver Standard Resources Inc. compare | 25.6% |
| ARIS Aris Mining Corporation compare | 19.3% |
| DRD DRDGOLD Limited compare | 0.00% |
| SA Seabridge Gold Inc. compare | −0.91% |
| NG Novagold Resources Inc. | −25.7% |
| HYMC Hycroft Mining Holding Corporation compare | −283.6% |
| Gold industry median | 0.26% |
| Basic Materials sector median | 0.96% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)