Novagold Resources (NG) Capital Leases (2022 - 2026)
Novagold Resources (NG) reported Capital Leases of $495,000 for fiscal Q2 2026 (quarter ended May 31, 2026), down 22.3% from $637,000 a year earlier and down 9.7% from the prior quarter.
Novagold Resources (NG) Capital Leases (2022 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Novagold Resources posted Capital Leases of $585,000, down 23.1% from FY2024.
- Capital Leases has a three-year compound annual growth rate of -10.0% (FY2022 to FY2025).
- By fiscal year, Capital Leases came in at $761,000 in FY2024 (+25.0%), $609,000 in FY2023 (-24.1%) and $802,000 in FY2022.
- The fiscal Q2 2026 figure ranks as the lowest quarterly Capital Leases in data going back to fiscal Q4 2022.
- Year over year, Capital Leases has now declined in each of the last three quarters, with an average decline of 3.0% over the last seven quarters.
- The high point for year-over-year Capital Leases in five years was fiscal Q4 2024 (growth of 25.0%); the low point was fiscal Q2 2025 (a decline of 26.0%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - |
| 10 | Novagold Resources | 2.92 Bn | 2.92 Bn | - |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 495,000.00 |
| Feb 28, 2026 | 548,000.00 |
| Nov 30, 2025 | 585,000.00 |
| May 31, 2025 | 637,000.00 |
| Feb 28, 2025 | 712,000.00 |
| Nov 30, 2024 | 761,000.00 |
| Aug 31, 2024 | 819,000.00 |
| May 31, 2024 | 861,000.00 |
| Feb 29, 2024 | 573,000.00 |
| Nov 30, 2023 | 609,000.00 |
| Aug 31, 2023 | 658,000.00 |
| May 31, 2023 | 707,000.00 |
| Feb 28, 2023 | 754,000.00 |
| Nov 30, 2022 | 802,000.00 |
Novagold Resources Capital Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-leases&ticker=NG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "ticker": "NG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-leases&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();