Novagold Resources (NG) Interest Coverage Ratio (2013 - 2026)
Novagold Resources (NG) posted Interest Coverage Ratio of 4.13 for Q1 2026, down 7.12% quarter-over-quarter from 3.86 in Q4 2025, and down 107.6% year-on-year from 54.42 in Q1 2025.
Novagold Resources (NG) Interest Coverage Ratio (2013 - 2026) Analysis & Trends
Novagold Resources (NG) has reported Interest Coverage Ratio for 13 consecutive years, with 4.13 the latest figure, recorded in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 4.13, down 107.6% year-over-year; the trailing twelve-month figure through Feb 2026 was 3.72 (down 53.43% YoY), and the FY2025 annual result was 3.2, down 24.92% from the prior year.
- Interest Coverage Ratio was 4.13 for Q1 2026 at Novagold Resources, down from 3.86 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 1.99 in Q1 2025 and troughed at 8.2 in Q2 2022.
- Average Interest Coverage Ratio over 5 years is 3.8, with a median of 3.42 recorded in 2023.
- Year-over-year, Interest Coverage Ratio plunged 137.24% in 2022 and jumped 58.67% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 4.27 in 2022, then surged by 46.5% to 2.28 in 2023, then slipped by 9.57% to 2.5 in 2024, then slumped by 54.28% to 3.86 in 2025, then decreased by 7.12% to 4.13 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 4.13 in Q1 2026, 3.86 in Q4 2025, and 3.59 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -77.87 |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | - |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -141.84 |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 480.28 |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -8.31 |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | -646.37 |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -70.43 |
| 10 | Novagold Resources | 2.67 Bn | 2.67 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 11.46 |
| Aug 31, 2021 | -7.72 |
| May 31, 2021 | -6.21 |