Nevada Canyon Gold (NGLD) Debt to Equity (2014 - 2022)
Nevada Canyon Gold (NGLD) posted Debt to Equity of $1.05 for Q4 2022, up 149.1% quarter-over-quarter from -$2.13 in Q3 2022, and down 77.31% on a YoY basis from $4.62 in Q4 2021.
Nevada Canyon Gold (NGLD) Debt to Equity (2014 - 2022) Analysis & Trends
Nevada Canyon Gold (NGLD) has reported Debt to Equity for 9 consecutive years, with $1.05 the latest figure, recorded in 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 came in at $1.05 for Q4 2022 at Nevada Canyon Gold, up from -$2.13 in the prior quarter.
- The five-year high for Debt to Equity was $41.59 in Q2 2021, with the low 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.
- Year-over-year, Debt to Equity surged 9490.42% in 2018 and plunged 1145.83% in 2019.
- Tracing NGLD's Debt to Equity over 5 years: stood at -$4.24 in 2018, then plunged by 1145.83% to -$52.82 in 2019, then surged by 108.71% to $4.6 in 2020, then rose by 0.4% to $4.62 in 2021, then sank by 77.31% to $1.05 in 2022.
- Per Business Quant data, the three most recent Debt to Equity figures were $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 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 0.13 |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 0.14 |
| 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 | - | 0.32 |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 0.08 |
| 10 | Nevada Canyon Gold | 12.55 Mn | 12.55 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |