Novagold Resources (NG) Non-Current Deferred Tax Liability (2014 - 2020)
Novagold Resources (NG) reported Non-Current Deferred Tax Liability of $1.27 million for fiscal Q3 2020 (quarter ended Aug 31, 2020), up 118.2% from $583,000 a year earlier and up 16.0% from the prior quarter.
Novagold Resources (NG) Non-Current Deferred Tax Liability (2014 - 2020) Analysis & Trends
At the end of FY2019 (ended Nov 30, 2019), Novagold Resources posted Non-Current Deferred Tax Liability of $751,000, up 838.8% from FY2018.
- Non-Current Deferred Tax Liability has a five-year compound annual growth rate of -50.0% (FY2014 to FY2019).
- By fiscal year, Non-Current Deferred Tax Liability came in at $80,000 in FY2018 (-99.6%), $21.38 million in FY2017 (+6.2%), $20.14 million in FY2016 (-1.8%) and $20.51 million in FY2015 (-14.7%).
- The fiscal Q3 2020 figure ranks as the highest quarterly Non-Current Deferred Tax Liability since fiscal Q2 2018.
- Year over year, Non-Current Deferred Tax Liability has now increased in each of the last four quarters, with growth averaging 157.1% over the last seven quarters.
- The high point for year-over-year Non-Current Deferred Tax Liability in five years was fiscal Q4 2019 (growth of 838.8%); the low point was fiscal Q4 2018 (a decline of 99.6%).
- Per Business Quant data, the three fiscal quarters before Q3 2020 came in at $1.1 million (Q2 2020), $924,000 (Q1 2020) and $751,000 (Q4 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - |
| 10 | Novagold Resources | 2.85 Bn | 2.85 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2020 | 1.27 Mn |
| May 31, 2020 | 1.10 Mn |
| Feb 29, 2020 | 924,000.00 |
| Nov 30, 2019 | 751,000.00 |
| Aug 31, 2019 | 583,000.00 |
| May 31, 2019 | 414,000.00 |
| Feb 28, 2019 | 247,000.00 |
| Nov 30, 2018 | 80,000.00 |
| May 31, 2018 | 21.28 Mn |
| Feb 28, 2018 | 21.51 Mn |
| Nov 30, 2017 | 21.38 Mn |
| Aug 31, 2017 | 21.57 Mn |
| May 31, 2017 | 20.03 Mn |
| Feb 28, 2017 | 20.36 Mn |
| Nov 30, 2016 | 20.14 Mn |
| Aug 31, 2016 | 20.88 Mn |
| May 31, 2016 | 20.89 Mn |
| Feb 29, 2016 | 20.24 Mn |
| Nov 30, 2015 | 20.51 Mn |
| Nov 30, 2014 | 24.05 Mn |
Novagold Resources Non-Current Deferred Tax Liability 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=non-current-deferred-tax-liability&ticker=NG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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=non-current-deferred-tax-liability&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();