Novagold Resources Balance Sheet
NYSE: NGBasic MaterialsPrecious MetalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Novagold Resources financial position
At the end of fiscal 2025, Novagold Resources reported total assets of $335.9 million, up 206.1% from a year earlier against total liabilities of $172.1 million. Shareholders' equity stood at $163.8 million, or 48.8% of assets. The company held $110.1 million in cash and equivalents against $166.3 million of debt, a net debt position of $56.2 million.
The current ratio (current assets divided by current liabilities) was 23.79, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.02.
Summary generated from market data by MetaCap's automated system. Methodology
Novagold Resources balance sheet (annual)
| Fiscal year (USD) | FY 20252025-11-30 | FY 20242024-11-30 | FY 20232023-11-30 | FY 20222022-11-30 | FY 20212021-11-30 | FY 20202020-11-30 | FY 20192019-11-30 | FY 20182018-11-30 | FY 20172017-11-30 | FY 20162016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 110.14M | 42.22M | 45.75M | 63.88M | 91.12M | 60.91M | 67.55M | 21.00M | 27.95M | 30.27M |
| Short-Term Investments | 0 | — | — | — | — | — | — | — | — | — |
| Receivables | — | — | — | 301.00K | 0 | — | — | — | — | — |
| Total Current Assets | 117.49M | 102.75M | 127.22M | 152.54M | 169.45M | 196.39M | 150.34M | 169.38M | 84.84M | 107.34M |
| Long-Term Investments | 4.41M | 3.39M | 2.10M | 1.84M | 1.83M | 1.40M | 935.00K | 839.00K | 1.45M | 1.12M |
| Total Assets | 335.91M | 109.75M | 133.29M | 159.19M | 198.85M | 224.44M | 245.84M | 260.93M | 398.66M | 408.26M |
| Accounts Payable | 1.98M | 1.37M | 703.00K | 769.00K | 682.00K | 900.00K | 880.00K | 710.00K | 591.00K | 652.00K |
| Total Current Liabilities | 4.94M | 4.49M | 3.91M | 4.60M | 4.38M | 3.51M | 3.34M | 3.66M | 3.42M | 3.05M |
| Long-Term Debt | 166.30M | 151.52M | 136.75M | 123.69M | 115.72M | 109.80M | 103.79M | 96.50M | 90.04M | 84.81M |
| Total Liabilities | 172.12M | 157.17M | 141.51M | 129.29M | 120.57M | 113.71M | 107.88M | 100.24M | 114.63M | 108.00M |
| Shareholders' Equity | 163.79M | -47.42M | -8.22M | 29.90M | 78.28M | 110.73M | 137.95M | 160.69M | 284.03M | 300.26M |
| Retained Earnings | -2.20B | -2.10B | -2.06B | -2.01B | -1.96B | -1.92B | -1.89B | -1.86B | -1.74B | -1.71B |
| Total Debt | 166.30M | 151.52M | 136.75M | 123.69M | 115.72M | 109.80M | 103.79M | 96.50M | 90.04M | 84.81M |
| Net Cash (Debt) | -56.15M | -109.30M | -91.00M | -59.80M | -24.60M | -48.90M | -36.24M | -75.50M | -62.09M | -54.54M |
| Shares Outstanding | 406.93M | 334.57M | 334.25M | 333.75M | 332.42M | 330.40M | 327.60M | 323.22M | 322.22M | 320.02M |
This table shows 10 annual periods of Novagold Resources's balance sheet, from FY 2025 back to FY 2016, across 16 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow NG's reporting calendar. What is a balance sheet?