Novagold Resources Quarterly Balance Sheet
NYSE: NGBasic MaterialsPrecious MetalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Novagold Resources financial position
As of Aug 31, 2026, Novagold Resources reported total assets of $573.3 million, up 66.0% from a year earlier against total liabilities of $186.0 million. Shareholders' equity stood at $387.3 million, or 67.6% of assets. The company held $146.4 million in cash and equivalents against $177.5 million of debt, a net debt position of $31.1 million.
The current ratio (current assets divided by current liabilities) was 44.51, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.46.
Summary generated from market data by MetaCap's automated system. Methodology
Novagold Resources balance sheet (quarterly)
| Quarter (USD) | Q3 20262026-08-31 | Q2 20262026-05-31 | Q1 20262026-02-28 | Q4 20252025-11-30 | Q3 20252025-08-31 | Q2 20252025-05-31 | Q1 20252025-02-28 | Q4 20242024-11-30 | Q3 20242024-08-31 | Q2 20242024-05-31 | Q1 20242024-02-29 | Q4 20232023-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 146.39M | 78.22M | 117.49M | 110.14M | 58.17M | 293.74M | 33.97M | 42.22M | 45.57M | 52.57M | 37.50M | 45.75M |
| Short-Term Investments | — | 1.21M | 1.69M | 0 | — | — | — | — | — | — | — | — |
| Total Current Assets | 349.77M | 376.04M | 396.13M | 117.49M | 126.17M | 321.39M | 94.64M | 102.75M | 107.11M | 113.94M | 119.89M | 127.22M |
| Long-Term Investments | 0 | 0 | 0 | 4.41M | 3.40M | 2.73M | 2.52M | 3.39M | 3.04M | 3.06M | 2.41M | 2.10M |
| Total Assets | 573.29M | 598.74M | 619.43M | 335.91M | 345.38M | 329.30M | 102.03M | 109.75M | 114.73M | 121.58M | 126.88M | 133.29M |
| Accounts Payable | 5.26M | 1.38M | 3.37M | 1.98M | 2.23M | 2.42M | 934.00K | 1.37M | 964.00K | 1.28M | 568.00K | 703.00K |
| Total Current Liabilities | 7.86M | 3.33M | 4.46M | 4.94M | 4.69M | 4.19M | 1.98M | 4.49M | 3.59M | 3.89M | 1.83M | 3.91M |
| Long-Term Debt | 177.51M | 173.65M | 169.90M | 166.30M | 162.62M | 158.79M | 155.09M | 151.52M | 147.88M | 144.05M | 140.34M | 136.75M |
| Total Liabilities | 186.03M | 177.73M | 175.19M | 172.12M | 168.27M | 164.02M | 158.15M | 157.17M | 152.54M | 149.05M | 143.00M | 141.51M |
| Shareholders' Equity | 387.25M | 421.02M | 444.24M | 163.79M | 177.11M | 165.28M | -56.13M | -47.42M | -37.81M | -27.47M | -16.12M | -8.22M |
| Retained Earnings | -2.28B | -2.24B | -2.22B | -2.20B | -2.18B | -2.17B | -2.11B | -2.10B | -2.09B | -2.08B | -2.07B | -2.06B |
| Total Debt | 177.51M | 173.65M | 169.90M | 166.30M | 162.62M | 158.79M | 155.09M | 151.52M | 147.88M | 144.05M | 140.34M | 136.75M |
| Net Cash (Debt) | -31.12M | -94.22M | -50.73M | -56.15M | -104.45M | 134.94M | -121.12M | -109.30M | -102.31M | -91.48M | -102.84M | -91.00M |
| Shares Outstanding | — | — | — | 406.93M | — | — | — | 334.57M | — | — | — | 334.25M |
This table shows 12 quarterly periods of Novagold Resources's balance sheet, from Q3 2026 back to Q4 2023, 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?