Novagold Resources (NG) Interest Expenses (2013 - 2026)
Novagold Resources (NG) reported Interest Expenses of $3.6 million for Q1 2026, up 1.18% on a YoY basis from $3.6 million in Q1 2025, and down 1.8% quarter-over-quarter from $3.7 million in Q4 2025.
Novagold Resources (NG) Interest Expenses (2013 - 2026) Analysis & Trends
Novagold Resources has reported Interest Expenses for 13 years, with the latest figure at $3.6 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 1.18% year-over-year to $3.6 million; the trailing twelve-month figure through Feb 2026 stood at $14.8 million (changed 0.5% YoY), and the FY2025 full-year result was $14.8 million, changed 0.0% from the prior year.
- Interest Expenses for Q1 2026 stood at $3.6 million, down from $3.7 million in the prior quarter.
- The five-year high for Interest Expenses was $3.8 million in Q3 2024, with the low at $1.5 million in Q1 2022.
- Historically, Interest Expenses has averaged $3.2 million across 5 years, with a median of $3.6 million in 2025.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 94.71% — and 2025, when it fell 0.86%.
- Novagold Resources' Interest Expenses stood at $2.6 million in 2022, then surged by 35.28% to $3.5 million in 2023, then increased by 4.84% to $3.6 million in 2024, then rose by 0.88% to $3.7 million in 2025, then fell by 1.8% to $3.6 million in 2026.
- The last three Interest Expenses figures came in at $3.6 million (Q1 2026), $3.7 million (Q4 2025), and $3.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | 9,479.67 |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 39.00 Mn |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | 1.41 Mn |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | - |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | -19.00 Mn |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | - |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | 32.13 Mn |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | - |
| 10 | Novagold Resources | 2.99 Bn | 2.87 Bn | - | 3.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 3.61 Mn |
| Feb 28, 2026 | 3.61 Mn |
| Nov 30, 2025 | 3.67 Mn |
| Nov 30, 2025 | 3.67 Mn |
| Aug 31, 2025 | 3.83 Mn |
| Aug 31, 2025 | 3.83 Mn |
| May 31, 2025 | 3.71 Mn |
| May 31, 2025 | 3.71 Mn |
| Feb 28, 2025 | 3.57 Mn |
| Feb 28, 2025 | 3.57 Mn |
| Nov 30, 2024 | 3.64 Mn |
| Nov 30, 2024 | 3.64 Mn |
| Aug 31, 2024 | 3.83 Mn |
| Aug 31, 2024 | 3.83 Mn |
| May 31, 2024 | 3.70 Mn |
| May 31, 2024 | 3.70 Mn |
| Feb 29, 2024 | 3.60 Mn |
| Feb 29, 2024 | 3.60 Mn |
| Nov 30, 2023 | 3.47 Mn |
| Nov 30, 2023 | 3.47 Mn |