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Nevada Canyon Gold (NGLD) Debt Ratio (2016 - 2022)

Nevada Canyon Gold (NGLD) has disclosed Debt Ratio for 9 consecutive years, with 0.31 as the latest value for Q4 2022.

  • Quarterly Debt Ratio fell 42.32% to 0.31 in Q4 2022 from the year-ago period, while the trailing twelve-month figure was 0.31 through Dec 2022, down 42.32% year-over-year, with the annual reading at 0.31 for FY2022, 42.32% down from the prior year.
  • Debt Ratio for Q4 2022 was 0.31 at Nevada Canyon Gold, up from 0.22 in the prior quarter.
  • The five-year high for Debt Ratio was 0.89 in Q4 2018, with the low at 0.19 in Q1 2022.
  • Average Debt Ratio over 5 years is 0.57, with a median of 0.59 recorded in 2020.
  • The widest YoY moves for Debt Ratio: up 715.66% in 2018, down 72.21% in 2018.
  • Nevada Canyon Gold's Debt Ratio stood at 0.89 in 2018, then decreased by 15.12% to 0.75 in 2019, then decreased by 3.82% to 0.72 in 2020, then decreased by 24.79% to 0.55 in 2021, then crashed by 42.32% to 0.31 in 2022.
  • Per Business Quant, the three most recent readings for NGLD's Debt Ratio are 0.31 (Q4 2022), 0.22 (Q3 2022), and 0.21 (Q2 2022).