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Novagold Resources (NG) Debt Ratio (2016 - 2026)

Novagold Resources filings provide 17 years of Debt Ratio readings, the most recent being 0.27 for Q1 2026.

  • Quarterly Debt Ratio fell 81.96% to 0.27 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 0.27 through Feb 2026, down 81.96% year-over-year, with the annual reading at 0.5 for FY2025, 64.14% down from the prior year.
  • Debt Ratio hit 0.27 in Q1 2026 for Novagold Resources, down from 0.5 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.
  • Average Debt Ratio over 5 years is 0.87, with a median of 0.84 recorded in 2023.
  • The largest annual shift saw Debt Ratio soared 37.43% in 2025 before it plummeted 81.96% in 2026.
  • Novagold Resources' Debt Ratio stood at 0.78 in 2022, then soared by 32.04% to 1.03 in 2023, then skyrocketed by 34.57% to 1.38 in 2024, then crashed by 64.14% to 0.5 in 2025, then tumbled by 44.59% to 0.27 in 2026.
  • Per Business Quant, the three most recent readings for NG's Debt Ratio are 0.27 (Q1 2026), 0.5 (Q4 2025), and 0.47 (Q3 2025).