Novagold Resources (NG) Payables (2014 - 2026)
Novagold Resources' Payables was $1.38 million in fiscal Q2 2026 (quarter ended May 31, 2026), down 43.0% from $2.42 million a year earlier and down 59.0% from the prior quarter.
Novagold Resources (NG) Payables (2014 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Payables at Novagold Resources came in at $1.98 million, up 44.5% from FY2024.
- Payables shows a five-year compound annual growth rate of 17.1% (FY2020 to FY2025).
- In earlier fiscal years, Payables was $1.37 million in FY2024 (+95.0%), $703,000 in FY2023 (-8.6%), $769,000 in FY2022 (+12.8%) and $682,000 in FY2021 (-24.2%).
- The fiscal Q2 2026 figure marks the lowest quarterly Payables since fiscal Q1 2025.
- Compared with a year earlier, Payables was higher in six of the last eight quarters, with growth averaging 75.0%.
- The best year-over-year quarter for Payables over five years was fiscal Q1 2026 (growth of 260.4%); the worst was fiscal Q2 2026 (a decline of 43.0%).
- Per Business Quant data, NG's Payables in the three fiscal quarters before Q2 2026 was $3.37 million (Q1 2026), $1.98 million (Q4 2025) and $2.23 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | -8.48 Bn |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 871.90 Mn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 906.00 Mn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 3.82 Bn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 4.80 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 1.28 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 2.08 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 2.49 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 12.93 Bn |
| 10 | Novagold Resources | 2.92 Bn | 2.92 Bn | - | 1.38 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.38 Mn |
| Feb 28, 2026 | 3.37 Mn |
| Nov 30, 2025 | 1.98 Mn |
| Aug 31, 2025 | 2.23 Mn |
| May 31, 2025 | 2.42 Mn |
| Feb 28, 2025 | 934,000.00 |
| Nov 30, 2024 | 1.37 Mn |
| Aug 31, 2024 | 964,000.00 |
| May 31, 2024 | 1.28 Mn |
| Feb 29, 2024 | 568,000.00 |
| Nov 30, 2023 | 703,000.00 |
| Aug 31, 2023 | 1.65 Mn |
| May 31, 2023 | 610,000.00 |
| Feb 28, 2023 | 515,000.00 |
| Nov 30, 2022 | 769,000.00 |
| Aug 31, 2022 | 807,000.00 |
| May 31, 2022 | 660,000.00 |
| Feb 28, 2022 | 536,000.00 |
| Nov 30, 2021 | 682,000.00 |
| Aug 31, 2021 | 646,000.00 |
Novagold Resources Payables 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=payables&ticker=NG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();