Novagold Resources (NG) Deferred Taxes (2013 - 2020)
Novagold Resources' (NG) quarterly Deferred Taxes came in at -$521000.0 in Q4 2020, down 3.58% YoY from -$540336.1 in Q4 2019, and down 397.71% on a QoQ basis from $175000.0 in Q3 2020.
Novagold Resources (NG) Deferred Taxes (2013 - 2020) Analysis & Trends
Novagold Resources (NG) has 7 years of Deferred Taxes data on file, last reported at -$521000.0 in Q4 2020.
- Quarterly Deferred Taxes fell 3.58% year-over-year to -$521000.0 in Q4 2020, while the trailing twelve-month figure through Aug 2021 was -$521000.0 (down 2994.44% YoY) and the FY2018 annual result came in at $80000.0, up 286.05% from the prior year.
- Deferred Taxes fell to -$521000.0 in Q4 2020, from $175000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $175000.0 in Q3 2020 to a low of -$521000.0 in Q4 2020.
- A 4-year average of $5062.5 and a median of $23500.0 in 2016 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2016 — Deferred Taxes slumped 1283.33% — and 2019, when it surged 2916.67%.
- Tracing NG's Deferred Taxes over 4 years: stood at $23000.0 in 2016, then soared by 426.09% to $121000.0 in 2018, then tumbled by 515.7% to -$503000.0 in 2019, then declined by 3.58% to -$521000.0 in 2020.
- The last three Deferred Taxes figures came in at -$521000.0 (Q4 2020), $175000.0 (Q3 2020), and $173000.0 (Q2 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | -101.00 Mn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 99.28 Mn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | - |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | - |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | - |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | 179.00 Mn |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 18.11 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | -8.34 Mn |
| 10 | Novagold Resources | 3.83 Bn | 3.83 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Nov 30, 2020 | -521,000.00 |
| Aug 31, 2020 | 175,000.00 |
| May 31, 2020 | 173,000.00 |
| Feb 29, 2020 | 173,000.00 |
| Nov 30, 2019 | -503,000.00 |
| Aug 31, 2019 | 169,000.00 |
| May 31, 2019 | 167,000.00 |
| Feb 28, 2019 | 167,000.00 |
| Nov 30, 2018 | 121,000.00 |
| Aug 31, 2018 | -6,000.00 |
| May 31, 2018 | 24,000.00 |
| Feb 28, 2018 | 11,000.00 |
| Nov 30, 2016 | 23,000.00 |
| Aug 31, 2016 | -6,000.00 |
| May 31, 2016 | -83,000.00 |
| Feb 29, 2016 | -3,000.00 |
| Nov 30, 2015 | -16,000.00 |
| Aug 31, 2015 | 10,000.00 |
| May 31, 2015 | -6,000.00 |
| Feb 28, 2015 | 10,000.00 |