Growth Metrics

Novagold Resources (NG) Debt to Equity (2016 - 2026)

Novagold Resources filings provide 16 years of Debt to Equity readings, the most recent being $0.38 for Q1 2026.

  • Quarterly Debt to Equity rose 113.84% to $0.38 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $0.38 through Feb 2026, up 113.84% year-over-year, with the annual reading at $1.02 for FY2025, 131.77% up from the prior year.
  • Debt to Equity hit $0.38 in Q1 2026 for Novagold Resources, down from $1.02 in the prior quarter.
  • Across five years, Debt to Equity topped out at $3250.6 in Q3 2023 and bottomed at -$16.63 in Q4 2023.
  • Average Debt to Equity over 5 years is $190.89, with a median of $0.96 recorded in 2025.
  • Peak annual rise in Debt to Equity hit 109604.61% in 2023, while the deepest fall reached 502.06% in 2023.
  • Novagold Resources' Debt to Equity stood at $4.14 in 2022, then crashed by 502.06% to -$16.63 in 2023, then soared by 80.78% to -$3.2 in 2024, then soared by 131.77% to $1.02 in 2025, then tumbled by 62.33% to $0.38 in 2026.
  • Per Business Quant, the three most recent readings for NG's Debt to Equity are $0.38 (Q1 2026), $1.02 (Q4 2025), and $0.92 (Q3 2025).