Novagold Resources (NG) Interest Expenses (2013 - 2026)
Novagold Resources (NG) recorded Interest Expenses of $3.61 million in fiscal Q1 2026 (quarter ended Feb 28, 2026), up 1.2% from $3.57 million a year earlier but down 1.8% from the prior quarter.
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Analysis
Novagold Resources (NG) Interest Expenses (2013 - 2026) Analysis & Trends
On a TTM basis, Novagold Resources' Interest Expenses came in at $14.82 million as of Feb 28, 2026, up 0.5% year-over-year; for FY2025 (ended Nov 30, 2025), it was $14.77 million, unchanged from FY2024.
- Annual Interest Expenses has a five-year compound annual growth rate of 19.7% (FY2020 to FY2025).
- Across earlier fiscal years, Interest Expenses came in at $14.77 million in FY2024 (+13.1%), $13.06 million in FY2023 (+64.1%), $7.96 million in FY2022 (+34.4%) and $5.92 million in FY2021 (-1.5%).
- Quarterly Interest Expenses has ranged from $1.48 million in fiscal Q2 2021 to $3.83 million in fiscal Q3 2024 over the past five years.
- On a year-over-year basis, Interest Expenses rose in six of the last eight quarters, with growth averaging 4.1%.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 94.7% in fiscal Q1 2023, against a decline of 0.9% in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $3.67 million (Q4 2025), $3.83 million (Q3 2025) and $3.71 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 168.96 Bn | 147.82 Bn | 2.90 Bn | - |
| 3 | Newmont | 123.37 Bn | 91.54 Bn | 4.03 Bn | - |
| 4 | Ternium | 107.07 Bn | 72.12 Bn | 941.02 Mn | -50.43 Mn |
| 5 | Freeport-Mcmoran | 101.67 Bn | 97.82 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 92.92 Bn | 92.92 Bn | 2.43 Bn | 16.04 Mn |
| 7 | Barrick Mining | 69.09 Bn | 53.83 Bn | 2.90 Bn | -26.00 Mn |
| 8 | Nucor | 53.61 Bn | 44.15 Bn | 2.03 Bn | 36.00 Mn |
| 9 | ArcelorMittal | 51.72 Bn | 32.74 Bn | - | -136.00 Mn |
| 10 | Novagold Resources | 2.88 Bn | 2.88 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | 3.61 Mn |
| Nov 30, 2025 | 3.67 Mn |
| Aug 31, 2025 | 3.83 Mn |
| May 31, 2025 | 3.71 Mn |
| Feb 28, 2025 | 3.57 Mn |
| Nov 30, 2024 | 3.64 Mn |
| Aug 31, 2024 | 3.83 Mn |
| May 31, 2024 | 3.70 Mn |
| Feb 29, 2024 | 3.60 Mn |
| Nov 30, 2023 | 3.47 Mn |
| Aug 31, 2023 | 3.43 Mn |
| May 31, 2023 | 3.21 Mn |
| Feb 28, 2023 | 2.94 Mn |
| Nov 30, 2022 | 2.57 Mn |
| Aug 31, 2022 | 2.20 Mn |
| May 31, 2022 | 1.68 Mn |
| Feb 28, 2022 | 1.51 Mn |
| Nov 30, 2021 | 1.50 Mn |
| Aug 31, 2021 | 1.51 Mn |
| May 31, 2021 | 1.48 Mn |
API Access
Novagold Resources Interest Expenses 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-expenses&ticker=NG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();