Novagold Resources (NG) Interest Coverage Ratio (2016 - 2026)
Novagold Resources filings provide 17 years of Interest Coverage Ratio readings, the most recent being 4.13 for Q1 2026.
- Quarterly Interest Coverage Ratio fell 107.6% to 4.13 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 2.25 through Feb 2026, down 231.98% year-over-year, with the annual reading at 1.73 for FY2025, 110.84% down from the prior year.
- Interest Coverage Ratio hit 4.13 in Q1 2026 for Novagold Resources, down from 2.06 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 5.69 in Q4 2023 and bottomed at 8.2 in Q2 2022.
- Average Interest Coverage Ratio over 5 years is 2.57, with a median of 3.31 recorded in 2025.
- The largest annual shift saw Interest Coverage Ratio tumbled 137.24% in 2022 before it soared 233.25% in 2023.
- Novagold Resources' Interest Coverage Ratio stood at 4.27 in 2022, then soared by 233.25% to 5.69 in 2023, then decreased by 19.73% to 4.56 in 2024, then crashed by 54.96% to 2.06 in 2025, then plummeted by 301.06% to 4.13 in 2026.
- Per Business Quant, the three most recent readings for NG's Interest Coverage Ratio are 4.13 (Q1 2026), 2.06 (Q4 2025), and 3.59 (Q3 2025).