Novagold Resources (NG) Interest Coverage Ratio (2009 - 2026)
Novagold Resources' (NG) Interest Coverage Ratio came in at -4.13 for fiscal Q1 2026 (quarter ended Feb 28, 2026), compared with -1.99 a year earlier.
Novagold Resources (NG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Feb 28, 2026, Interest Coverage Ratio at Novagold Resources was -3.72; for FY2025 (ended Nov 30, 2025), it came in at -3.20.
- In prior fiscal years, Novagold Resources' Interest Coverage Ratio was -2.56 in FY2024, -3.09 in FY2023, -6.06 in FY2022 and -6.22 in FY2021.
- The fiscal Q1 2026 figure stands as the lowest quarterly Interest Coverage Ratio since fiscal Q4 2022.
- According to Business Quant data, Interest Coverage Ratio for the three prior fiscal quarters was -3.86 (Q4 2025), -3.59 (Q3 2025) and -3.31 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | - |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 23.19 |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 32.90 |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 10.98 |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 133.48 |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | - |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 72.63 |
| 10 | Novagold Resources | 2.73 Bn | 2.28 Bn | - | -9.34 |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -9.34 |
| May 31, 2026 | -6.89 |
| Feb 28, 2026 | -4.13 |
| Nov 30, 2025 | -3.86 |
| Aug 31, 2025 | -3.59 |
| May 31, 2025 | -3.31 |
| Feb 28, 2025 | -1.99 |
| Nov 30, 2024 | -2.50 |
| Aug 31, 2024 | -2.07 |
| May 31, 2024 | -3.13 |
| Feb 29, 2024 | -2.56 |
| Nov 30, 2023 | -2.28 |
| Aug 31, 2023 | -2.69 |
| May 31, 2023 | -4.07 |
| Feb 28, 2023 | -3.42 |
| Nov 30, 2022 | -4.27 |
| Aug 31, 2022 | -6.50 |
| May 31, 2022 | -8.20 |
| Feb 28, 2022 | -6.10 |
| Nov 30, 2021 | -5.80 |
Novagold Resources Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "NG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();