Novagold Resources (NG) Equity Ratio (2014 - 2026)
Novagold Resources (NG) reported Equity Ratio of 0.72 for Q1 2026, up 230.37% on a YoY basis from 0.22 in Q1 2025, and up 47.08% quarter-over-quarter from 0.49 in Q4 2025.
Novagold Resources (NG) Equity Ratio (2014 - 2026) Analysis & Trends
Novagold Resources has reported Equity Ratio for 13 years, with the latest figure at 0.72 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio rose 230.37% year-over-year to 0.72; the trailing twelve-month figure through Feb 2026 stood at 0.72 (up 230.37% YoY), and the FY2025 full-year result was 0.49, up 212.87% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.72, up from 0.49 in the prior quarter.
- The five-year high for Equity Ratio was 0.72 in Q1 2026, with the low at 0.55 in Q1 2025.
- Historically, Equity Ratio has averaged 0.11 across 5 years, with a median of 0.14 in 2023.
- Annual changes were most pronounced in 2024 — Equity Ratio plunged 111126.85% — and 2025, when it soared 322.12%.
- Novagold Resources' Equity Ratio stood at 0.19 in 2022, then tumbled by 132.84% to 0.06 in 2023, then sank by 600.29% to 0.43 in 2024, then surged by 212.87% to 0.49 in 2025, then jumped by 47.08% to 0.72 in 2026.
- The last three Equity Ratio figures came in at 0.72 (Q1 2026), 0.49 (Q4 2025), and 0.51 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | 0.67 |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 0.70 |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | 0.94 |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | - |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | 0.71 |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 0.61 |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | - |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | - |
| 10 | Novagold Resources | 2.99 Bn | 2.87 Bn | - | 0.72 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 0.72 |
| Nov 30, 2025 | 0.49 |
| Aug 31, 2025 | 0.51 |
| May 31, 2025 | 0.50 |
| Feb 28, 2025 | -0.55 |
| Nov 30, 2024 | -0.43 |
| Aug 31, 2024 | -0.33 |
| May 31, 2024 | -0.23 |
| Feb 29, 2024 | -0.13 |
| Nov 30, 2023 | -0.06 |
| Aug 31, 2023 | 0.00 |
| May 31, 2023 | 0.06 |
| Feb 28, 2023 | 0.14 |
| Nov 30, 2022 | 0.19 |
| Aug 31, 2022 | 0.25 |
| May 31, 2022 | 0.31 |
| Feb 28, 2022 | 0.36 |
| Nov 30, 2021 | 0.39 |
| Aug 31, 2021 | 0.43 |
| May 31, 2021 | 0.46 |