Novagold Resources (NG) Debt Ratio (2014 - 2026)

Novagold Resources (NG) has reported Debt Ratio for 13 consecutive years, with 0.29 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Debt Ratio fell 39.86% year-over-year to 0.29; the trailing twelve-month figure through May 2026 stood at 0.29 (down 39.86% YoY), and the FY2025 full-year result was 0.5, down 64.14% from the prior year.
• Debt Ratio climbed to 0.29 in Q2 2026 per NG's latest filing, from 0.27 in the prior quarter.
• Across five years, Debt Ratio topped out at 1.52 in Q1 2025 and bottomed at 0.27 in Q1 2026.
• Historically, Debt Ratio has averaged 0.83 across 5 years, with a median of 0.81 in 2022.
• The sharpest annual moves came in 2025 and 2026: Debt Ratio soared 37.43% in 2025, then sank 81.96% in 2026.
• Over 5 years, Debt Ratio stood at 0.78 in 2022, then jumped by 32.04% to 1.03 in 2023, then surged by 34.57% to 1.38 in 2024, then sank by 64.14% to 0.5 in 2025, then tumbled by 41.42% to 0.29 in 2026.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.29, 0.27, and 0.5 for Q2 2026, Q1 2026, and Q4 2025 respectively.