Nevada Canyon Gold (NGLD) Debt Ratio (2014 - 2022)
Nevada Canyon Gold's (NGLD) quarterly Debt Ratio came in at 0.25 in Q4 2022, down 67.19% YoY from 0.77 in Q4 2021, and up 7.66% on a QoQ basis from 0.23 in Q3 2022.
Nevada Canyon Gold (NGLD) Debt Ratio (2014 - 2022) Analysis & Trends
Nevada Canyon Gold (NGLD) has 9 years of Debt Ratio data on file, last reported at 0.25 in Q4 2022.
- Quarterly Debt Ratio fell 67.19% year-over-year to 0.25 in Q4 2022, while the trailing twelve-month figure through Dec 2022 was 0.25 (down 67.19% YoY) and the FY2022 annual result came in at 0.25, down 67.19% from the prior year.
- Debt Ratio improved to 0.25 in Q4 2022, from 0.23 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.89 in Q4 2018 to a low of 0.21 in Q2 2022.
- A 5-year average of 0.58 and a median of 0.61 in 2020 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2018 — Debt Ratio jumped 1531.32% — and 2022, when it sank 70.26%.
- Tracing NGLD's Debt Ratio over 5 years: stood at 0.89 in 2018, then declined by 15.12% to 0.75 in 2019, then decreased by 17.1% to 0.62 in 2020, then climbed by 23.19% to 0.77 in 2021, then slumped by 67.19% to 0.25 in 2022.
- The last three Debt Ratio figures came in at 0.25 (Q4 2022), 0.23 (Q3 2022), and 0.21 (Q2 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 0.09 |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 0.01 |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 0.09 |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | - |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 0.10 |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | 0.18 |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | 0.07 |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 0.05 |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 0.04 |
| 10 | Nevada Canyon Gold | 13.12 Mn | 13.12 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.21 |
| Mar 31, 2022 | 0.43 |
| Dec 31, 2021 | 0.77 |
| Sep 30, 2021 | 0.70 |
| Jun 30, 2021 | 0.71 |
| Mar 31, 2021 | 0.59 |
| Dec 31, 2020 | 0.62 |
| Sep 30, 2020 | 0.60 |
| Jun 30, 2020 | 0.73 |
| Mar 31, 2020 | 0.87 |
| Dec 31, 2019 | 0.75 |
| Sep 30, 2019 | 0.64 |
| Jun 30, 2019 | 0.35 |
| Mar 31, 2019 | 0.43 |
| Dec 31, 2018 | 0.89 |
| Sep 30, 2018 | 0.71 |
| Jun 30, 2018 | 0.56 |
| Mar 31, 2018 | 0.55 |