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| Date | Value |
|---|---|
| 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 |