Novagold Resources (NG) Deferred Taxes (2013 - 2020)

Novagold Resources (NG) posted Deferred Taxes of -$1.3 million for Q4 2020, down 826.86% quarter-over-quarter from $175000.0 in Q3 2020, and down 152.88% year-on-year from $2.4 million in Q4 2019.

Novagold Resources (NG) Deferred Taxes (2013 - 2020) Analysis & Trends

Novagold Resources (NG) has reported Deferred Taxes for 7 consecutive years, with -$1.3 million the latest figure, recorded in Q4 2020.

  • Deferred Taxes for Q4 2020 came in at -$1.3 million, down 152.88% year-over-year; the trailing twelve-month figure through Aug 2021 was -$1.3 million (down 7166.67% YoY), and the FY2020 annual result was -$751000.0, changed N/A from the prior year.
  • Deferred Taxes was -$1.3 million for Q4 2020 at Novagold Resources, down from $175000.0 in the prior quarter.
  • Over five years, Deferred Taxes peaked at $175000.0 in Q3 2020 and troughed at -$1.3 million in Q4 2020.
  • Average Deferred Taxes over 4 years is -$46875.0, with a median of $23500.0 recorded in 2016.
  • The widest YoY moves for Deferred Taxes: up 2916.67% in 2019, down 1326.83% in 2019.
  • Over 4 years, Deferred Taxes stood at $23000.0 in 2016, then soared by 78.26% to $41000.0 in 2018, then slumped by 1326.83% to -$503000.0 in 2019, then tumbled by 152.88% to -$1.3 million in 2020.
  • Per Business Quant data, the three most recent Deferred Taxes figures were -$1.3 million in Q4 2020, $175000.0 in Q3 2020, and $173000.0 in Q2 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn -
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn -45.00 Mn
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn 3.09 Mn
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn -
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 33.70 Mn
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn -
10 Novagold Resources 2.67 Bn 2.67 Bn - -

Historic Data

Download Data
DateValue
Nov 30, 2020 -1.27 Mn
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 41,000.00
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