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

Nevada Canyon Gold has disclosed Debt Ratio across 9 years of filings, most recently posting 0.31 for 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 rose to 0.31 in Q4 2022, from 0.22 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.89 in Q4 2018 and troughed 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.
• Biggest YoY gain for Debt Ratio was 715.66% in 2018; the steepest drop was 72.21% in 2018.
• Tracing NGLD's Debt Ratio over 5 years: stood at 0.89 in 2018, then retreated by 15.12% to 0.75 in 2019, then dropped by 3.82% to 0.72 in 2020, then retreated by 24.79% to 0.55 in 2021, then slumped by 42.32% to 0.31 in 2022.
• Business Quant data shows NGLD's Debt Ratio at 0.31 in Q4 2022, 0.22 in Q3 2022, and 0.21 in Q2 2022.