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
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