Novagold Resources (NG) Tax Provisions (2014 - 2024)
Novagold Resources (NG) reported Tax Provisions of -$131000.0 for Q4 2024, down 263.89% on a YoY basis from $79932.2 in Q4 2023, and down 183.97% quarter-over-quarter from $156000.0 in Q3 2024.
Novagold Resources (NG) Tax Provisions (2014 - 2024) Analysis & Trends
Novagold Resources has reported Tax Provisions for 11 years, with the latest figure at -$131000.0 in Q4 2024.
- For the quarter ending Q4 2024, Tax Provisions fell 263.89% year-over-year to -$131000.0; the trailing twelve-month figure through Aug 2025 stood at -$131000.0 (down 116.0% YoY), and the FY2024 full-year result was $724000.0, up 1756.41% from the prior year.
- Tax Provisions for Q4 2024 stood at -$131000.0, down from $156000.0 in the prior quarter.
- The five-year high for Tax Provisions was $599000.0 in Q2 2024, with the low at -$824000.0 in Q4 2020.
- Historically, Tax Provisions has averaged $64384.6 across 5 years, with a median of $100000.0 in 2024.
- Annual changes were most pronounced in 2021 — Tax Provisions soared 103.28% — and 2024, when it sank 263.89%.
- Novagold Resources' Tax Provisions stood at -$824000.0 in 2020, then soared by 103.28% to $27000.0 in 2021, then slumped by 222.22% to -$33000.0 in 2022, then dropped by 9.09% to -$36000.0 in 2023, then slumped by 263.89% to -$131000.0 in 2024.
- The last three Tax Provisions figures came in at -$131000.0 (Q4 2024), $156000.0 (Q3 2024), and $599000.0 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | 1.12 Mn |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 747.00 Mn |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 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 | -465.20 Mn |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 1.40 Bn |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | - |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | - |
| 10 | Novagold Resources | 2.99 Bn | 2.87 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Nov 30, 2024 | -131,000.00 |
| Aug 31, 2024 | 156,000.00 |
| May 31, 2024 | 599,000.00 |
| Feb 29, 2024 | 100,000.00 |
| Nov 30, 2023 | -36,000.00 |
| Feb 28, 2023 | 75,000.00 |
| Nov 30, 2022 | -33,000.00 |
| Nov 30, 2021 | 27,000.00 |
| Aug 31, 2021 | 110,000.00 |
| Nov 30, 2020 | -824,000.00 |
| Aug 31, 2020 | 266,000.00 |
| May 31, 2020 | 264,000.00 |
| Feb 29, 2020 | 264,000.00 |
| Nov 30, 2019 | -365,000.00 |
| Aug 31, 2019 | 259,000.00 |
| May 31, 2019 | 356,000.00 |
| Feb 28, 2019 | 357,000.00 |
| Nov 30, 2018 | 292,000.00 |
| Aug 31, 2018 | 9,000.00 |
| May 31, 2018 | 79,000.00 |