Nevada Canyon Gold (NGLD) Debt Ratio (2014 - 2022)

Nevada Canyon Gold (NGLD) posted Debt Ratio of 0.31 for Q4 2022, up 40.37% quarter-over-quarter from 0.22 in Q3 2022, and down 42.32% on a YoY basis from 0.55 in Q4 2021.

Nevada Canyon Gold (NGLD) Debt Ratio (2014 - 2022) Analysis & Trends

Nevada Canyon Gold (NGLD) has reported Debt Ratio for 9 consecutive years, with 0.31 the latest figure, recorded in Q4 2022.

  • Quarterly Debt Ratio fell 42.32% year-over-year to 0.31 in Q4 2022, while the trailing twelve-month figure through Dec 2022 was 0.31 (down 42.32% YoY) and the FY2022 annual result came in at 0.31, down 42.32% from the prior year.
  • Debt Ratio came in at 0.31 for Q4 2022 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.
  • A 5-year average of 0.57 and a median of 0.59 in 2020 frame the typical range for Debt Ratio.
  • On a YoY basis, Debt Ratio climbed as much as 715.66% in 2018 and fell as far as 72.21% in 2018.
  • Tracing NGLD's Debt Ratio over 5 years: stood at 0.89 in 2018, then slipped by 15.12% to 0.75 in 2019, then fell by 3.82% to 0.72 in 2020, then slipped by 24.79% to 0.55 in 2021, then plunged by 42.32% to 0.31 in 2022.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.31 in Q4 2022, 0.22 in Q3 2022, and 0.21 in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 0.09
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 0.01
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 0.09
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 0.00
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn -
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 0.06
10 Nevada Canyon Gold 12.55 Mn 12.55 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2022 0.31
Sep 30, 2022 0.22
Jun 30, 2022 0.21
Mar 31, 2022 0.19
Dec 31, 2021 0.55
Sep 30, 2021 0.70
Jun 30, 2021 0.71
Mar 31, 2021 0.59
Dec 31, 2020 0.72
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