Novagold Resources (NG) Change in Working Capital (2013 - 2025)
Novagold Resources (NG) posted Change in Working Capital of $2.69 million for fiscal Q1 2025 (quarter ended Feb 28, 2025), down 10.2% from $2.99 million a year earlier.
Novagold Resources (NG) Change in Working Capital (2013 - 2025) Analysis & Trends
For the trailing twelve months through Feb 28, 2025, Change in Working Capital at Novagold Resources was -$674,000; for FY2024 (ended Nov 30, 2024), it was -$368,000.
- In prior fiscal years, Novagold Resources' Change in Working Capital was $535,000 in FY2023 (-74.0%), $2.06 million in FY2022, -$1.78 million in FY2021 and $135,000 in FY2020.
- Quarterly Change in Working Capital has run from a low of -$3.08 million in fiscal Q2 2024 to a high of $3.05 million in fiscal Q1 2022 over five years.
- According to Business Quant data, Change in Working Capital for the three prior fiscal quarters was -$756,000 (Q4 2024), $474,000 (Q3 2024) and -$3.08 million (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | - |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | -418.00 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 1.30 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | -379.00 Mn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | -457.00 Mn |
| 10 | Novagold Resources | 2.85 Bn | 2.85 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2025 | 2.69 Mn |
| Nov 30, 2024 | -756,000.00 |
| Aug 31, 2024 | 474,000.00 |
| May 31, 2024 | -3.08 Mn |
| Feb 29, 2024 | 2.99 Mn |
| Nov 30, 2023 | 281,000.00 |
| Aug 31, 2023 | -210,000.00 |
| May 31, 2023 | -1.86 Mn |
| Feb 28, 2023 | 2.33 Mn |
| Nov 30, 2022 | 550,000.00 |
| Aug 31, 2022 | -750,000.00 |
| May 31, 2022 | -797,000.00 |
| Feb 28, 2022 | 3.05 Mn |
| Nov 30, 2021 | -1.14 Mn |
| Aug 31, 2021 | -984,000.00 |
| May 31, 2021 | -839,000.00 |
| Feb 28, 2021 | 1.18 Mn |
| Nov 30, 2020 | 402,000.00 |
| Aug 31, 2020 | -832,000.00 |
| May 31, 2020 | -409,000.00 |
Novagold Resources Change in Working Capital 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=change-in-working-capital&ticker=NG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "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=change-in-working-capital&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();