Nevada Canyon Gold (NGLD) Debt to Equity (2014 - 2022)

Nevada Canyon Gold (NGLD) recorded quarterly Debt to Equity of $1.05 in Q4 2022, up 149.1% on a QoQ basis from -$2.13 in Q3 2022, and down 77.31% year-over-year from $4.62 in Q4 2021.

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

Nevada Canyon Gold has disclosed Debt to Equity across 9 years of filings, most recently posting $1.05 for Q4 2022.

  • Quarterly Debt to Equity fell 77.31% year-over-year to $1.05 in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $1.05 (down 77.31% YoY) and the FY2022 annual result came in at $1.05, down 77.31% from the prior year.
  • Debt to Equity rose to $1.05 in Q4 2022, from -$2.13 in the prior quarter.
  • Over five years, Debt to Equity peaked at $41.59 in Q2 2021 and troughed at -$52.82 in Q4 2019.
  • A 5-year average of $3.12 and a median of $2.29 in 2018 frame the typical range for Debt to Equity.
  • Annual changes were most pronounced in 2018 — Debt to Equity jumped 9490.42% — and 2019, when it tumbled 1145.83%.
  • Tracing NGLD's Debt to Equity over 5 years: stood at -$4.24 in 2018, then slumped by 1145.83% to -$52.82 in 2019, then soared by 108.71% to $4.6 in 2020, then grew by 0.4% to $4.62 in 2021, then tumbled by 77.31% to $1.05 in 2022.
  • Business Quant data shows NGLD's Debt to Equity at $1.05 in Q4 2022, -$2.13 in Q3 2022, and $1.87 in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 0.13
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn -
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn -
5 Gold Fields 128.61 Bn 126.83 Bn - 0.32
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 0.08
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 0.14
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn -
10 Nevada Canyon Gold - - - -

Historic Data

Download Data
DateValue
Dec 31, 2022 1.05
Sep 30, 2022 -2.13
Jun 30, 2022 1.87
Mar 31, 2022 0.70
Dec 31, 2021 4.62
Sep 30, 2021 18.54
Jun 30, 2021 41.59
Mar 31, 2021 2.95
Dec 31, 2020 4.60
Sep 30, 2020 3.00
Jun 30, 2020 26.93
Mar 31, 2020 -4.98
Dec 31, 2019 -52.82
Sep 30, 2019 5.30
Jun 30, 2019 0.68
Mar 31, 2019 1.05
Dec 31, 2018 -4.24
Sep 30, 2018 9.03
Jun 30, 2018 2.47
Mar 31, 2018 2.11