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| 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 |