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
DateValue
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