NOVAGOLD RESOURCES INC
NGAnalytical Summary
NOVAGOLD RESOURCES INC faces fundamental challenges with weakness in Return on Common Equity (%). The fundamentals warrant careful consideration of downside risks.
16-Year Financial Trajectory
AnnualBullish Indicators
- No bullish signals detected.
Bearish Risks
- Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile
Health Breakdown
Statement lens
Choose the reporting cadence, isolate a period range, or search directly for a metric.
| Metric | FY 2025 Nov 30, 2025 10-K ↗ | FY 2024 Nov 30, 2024 10-K ↗ | FY 2023 Nov 30, 2023 10-K ↗ | FY 2022 Nov 30, 2022 10-K ↗ | FY 2021 Nov 30, 2021 10-K ↗ | FY 2020 Nov 30, 2020 10-K ↗ | FY 2019 Nov 30, 2019 10-K ↗ | FY 2018 Nov 30, 2018 10-K ↗ | FY 2017 Nov 30, 2017 10-K ↗ | FY 2016 Nov 30, 2016 10-K ↗ | FY 2015 Nov 30, 2015 10-K ↗ | FY 2014 Nov 30, 2014 10-K ↗ | FY 2013 Nov 30, 2013 10-K ↗ | FY 2012 Nov 30, 2012 10-K ↗ | FY 2011 Nov 30, 2011 10-K ↗ | FY 2010 Nov 30, 2010 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EPS Growth YoY (%) |
-78.6%
Weak
↓
Weak
Declining
Year-over-year change in earnings per share
Optimal:
> 10%
|
0.0%
Caution
↑
Caution
Improving
Year-over-year change in earnings per share
Optimal:
> 10%
|
12.5%
Fair
Fair
Year-over-year change in earnings per share
Optimal:
> 10%
|
-33.3%
Weak
Weak
Year-over-year change in earnings per share
Optimal:
> 10%
|
— | — | — | — | — | — | — | — |
-300.0%
Weak
Weak
Year-over-year change in earnings per share
Optimal:
> 10%
|
N/M | — | — |
| Net Income Growth YoY (%) |
-107.5%
Weak
↓
Weak
Declining
Year-over-year change in net income |
2.5%
Caution
↑
Caution
Improving
Year-over-year change in net income |
12.3%
Fair
↑
Fair
Improving
Year-over-year change in net income |
-31.6%
Weak
↓
Weak
Declining
Year-over-year change in net income |
-20.8%
Weak
↑
Weak
Improving
Year-over-year change in net income |
-20.9%
Weak
↑
Weak
Improving
Year-over-year change in net income |
75.4%
Excellent
↑
Excellent
Improving
Year-over-year change in net income |
-189.0%
Weak
↓
Weak
Declining
Year-over-year change in net income |
-15.3%
Weak
↓
Weak
Declining
Year-over-year change in net income |
-5.9%
Weak
↑
Weak
Improving
Year-over-year change in net income |
21.1%
Good
↑
Good
Improving
Year-over-year change in net income |
97.6%
Excellent
Excellent
Year-over-year change in net income |
-14084.7%
Weak
Weak
Year-over-year change in net income |
N/M | N/M | — |
| FCF Growth YoY (%) |
99.9%
Excellent
↑
Excellent
Improving
Year-over-year change in free cash flow |
-62.2%
Weak
↓
Weak
Declining
Year-over-year change in free cash flow |
37.2%
Excellent
Excellent
Year-over-year change in free cash flow |
-24.8%
Weak
Weak
Year-over-year change in free cash flow |
— | — | — | — | — | — | — | — | — | — | — | — |
| Metric | FY 2025 Nov 30, 2025 10-K ↗ | FY 2024 Nov 30, 2024 10-K ↗ | FY 2023 Nov 30, 2023 10-K ↗ | FY 2022 Nov 30, 2022 10-K ↗ | FY 2021 Nov 30, 2021 10-K ↗ | FY 2020 Nov 30, 2020 10-K ↗ | FY 2019 Nov 30, 2019 10-K ↗ | FY 2018 Nov 30, 2018 10-K ↗ | FY 2017 Nov 30, 2017 10-K ↗ | FY 2016 Nov 30, 2016 10-K ↗ | FY 2015 Nov 30, 2015 10-K ↗ | FY 2014 Nov 30, 2014 10-K ↗ | FY 2013 Nov 30, 2013 10-K ↗ | FY 2012 Nov 30, 2012 10-K ↗ | FY 2011 Nov 30, 2011 10-K ↗ | FY 2010 Nov 30, 2010 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Effective Tax Rate (%) (%) |
0.0%
Excellent
↑
Excellent
Improving
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-1.6%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-0.1%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
0.1%
Excellent
↑
Excellent
Improving
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-0.3%
Excellent
↑
Excellent
Improving
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
2.3%
Excellent
↑
Excellent
Improving
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-4.8%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-1.7%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-1.9%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-0.8%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-0.5%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-0.7%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
0.6%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
50.5%
Weak
Weak
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
16.4%
Good
Good
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
— |
| FCF / Net Income (x) |
0.15x
Weak
↓
Weak
Declining
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.28x
Weak
↑
Weak
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.17x
Weak
↓
Weak
Declining
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.23x
Weak
↓
Weak
Declining
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.24x
Weak
↑
Weak
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.30x
Weak
↑
Weak
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.22x
Weak
↑
Weak
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.09x
Weak
↓
Weak
Declining
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.21x
Weak
Weak
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.22x
Weak
Weak
Free cash flow relative to reported net income
Optimal:
> 1x
|
— | — | — | — | — | — |
| Metric | FY 2025 Nov 30, 2025 10-K ↗ | FY 2024 Nov 30, 2024 10-K ↗ | FY 2023 Nov 30, 2023 10-K ↗ | FY 2022 Nov 30, 2022 10-K ↗ | FY 2021 Nov 30, 2021 10-K ↗ | FY 2020 Nov 30, 2020 10-K ↗ | FY 2019 Nov 30, 2019 10-K ↗ | FY 2018 Nov 30, 2018 10-K ↗ | FY 2017 Nov 30, 2017 10-K ↗ | FY 2016 Nov 30, 2016 10-K ↗ | FY 2015 Nov 30, 2015 10-K ↗ | FY 2014 Nov 30, 2014 10-K ↗ | FY 2013 Nov 30, 2013 10-K ↗ | FY 2012 Nov 30, 2012 10-K ↗ | FY 2011 Nov 30, 2011 10-K ↗ | FY 2010 Nov 30, 2010 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Invested Capital (%) |
-28.9%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
81.1%
Excellent
↓
Excellent
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
490.6%
Excellent
↑
Excellent
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-161.3%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-47.2%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-29.3%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-20.4%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-17.3%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-12.1%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-10.1%
Weak
↑
Weak
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-7.8%
Weak
↑
Weak
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-7.7%
Weak
↑
Weak
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-135.8%
Weak
Weak
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-6.4%
Weak
Weak
Return earned on debt + equity capital invested
Optimal:
> 10%
|
— | — |
| Return on Capital (%) (%) |
-14.1%
Weak
↑
Weak
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
-34.5%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
-30.2%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
-30.3%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
-18.5%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
-14.8%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
-10.9%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
-10.5%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
-8.4%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
-7.4%
Weak
↑
Weak
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
-7.3%
Weak
↑
Weak
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
-7.2%
Weak
↑
Weak
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
-130.0%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
-11.7%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
— | — |
| Return on Common Equity (%) (%) |
-57.8%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-582%)
|
96.2%
Excellent
↑
Excellent
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+702%)
|
— |
-178.4%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-1587%)
|
-51.8%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-532%)
|
-30.3%
Weak
↑
Weak
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-353%)
|
-20.1%
Weak
↑
Weak
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-268%)
|
-70.2%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-685%)
|
-13.7%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-214%)
|
-11.3%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-194%)
|
-9.7%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-181%)
|
-10.0%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-183%)
|
— |
-2.5%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-121%)
|
— | — |
| Metric | FY 2025 Nov 30, 2025 10-K ↗ | FY 2024 Nov 30, 2024 10-K ↗ | FY 2023 Nov 30, 2023 10-K ↗ | FY 2022 Nov 30, 2022 10-K ↗ | FY 2021 Nov 30, 2021 10-K ↗ | FY 2020 Nov 30, 2020 10-K ↗ | FY 2019 Nov 30, 2019 10-K ↗ | FY 2018 Nov 30, 2018 10-K ↗ | FY 2017 Nov 30, 2017 10-K ↗ | FY 2016 Nov 30, 2016 10-K ↗ | FY 2015 Nov 30, 2015 10-K ↗ | FY 2014 Nov 30, 2014 10-K ↗ | FY 2013 Nov 30, 2013 10-K ↗ | FY 2012 Nov 30, 2012 10-K ↗ | FY 2011 Nov 30, 2011 10-K ↗ | FY 2010 Nov 30, 2010 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt to Equity (x) | — | — | — | — | — | — | — | — | — | — |
0.24x
Excellent
→
Excellent
Stable
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-51%)
|
0.23x
Excellent
↓
Excellent
Declining
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-55%)
|
0.18x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-63%)
|
0.30x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-41%)
|
— | — |
| Interest Coverage (x) |
-3.20x
Weak
↑
Weak
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
-2.56x
Weak
↑
Weak
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
-3.09x
Weak
↑
Weak
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
-6.06x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
-6.22x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
-5.53x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
-3.68x
Weak
↑
Weak
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
-4.22x
Weak
↑
Weak
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
-6.45x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
-6.62x
Weak
↑
Weak
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
-6.11x
Weak
↑
Weak
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
-5.56x
Weak
↑
Weak
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
-10.01x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
-5.22x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
-8.20x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
— |
| Net Debt (USD) | $-110.14M | $-42.22M | $-45.75M | $-63.88M | $-91.12M | $-60.91M | $-67.55M | $-21.00M | $-27.95M | $-30.27M | $38.53M | $20.94M | $4.04M | $-112.95M | $-59.37M | $-147.79M |
| Debt / EBITDA (x) | — | — | — | — | — | — | — | — | — | — |
-2.54x
Excellent
↓
Excellent
Declining
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
-2.40x
Excellent
↓
Excellent
Declining
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
-0.11x
Excellent
Excellent
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
-1.77x
Excellent
Excellent
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
— | — |
| Metric | FY 2025 Nov 30, 2025 10-K ↗ | FY 2024 Nov 30, 2024 10-K ↗ | FY 2023 Nov 30, 2023 10-K ↗ | FY 2022 Nov 30, 2022 10-K ↗ | FY 2021 Nov 30, 2021 10-K ↗ | FY 2020 Nov 30, 2020 10-K ↗ | FY 2019 Nov 30, 2019 10-K ↗ | FY 2018 Nov 30, 2018 10-K ↗ | FY 2017 Nov 30, 2017 10-K ↗ | FY 2016 Nov 30, 2016 10-K ↗ | FY 2015 Nov 30, 2015 10-K ↗ | FY 2014 Nov 30, 2014 10-K ↗ | FY 2013 Nov 30, 2013 10-K ↗ | FY 2012 Nov 30, 2012 10-K ↗ | FY 2011 Nov 30, 2011 10-K ↗ | FY 2010 Nov 30, 2010 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital (USD) | $112.55M | $98.27M | $123.31M | $147.94M | $165.07M | $192.88M | $147.00M | $165.72M | $81.42M | $104.29M | $126.52M | $149.83M | $192.46M | $145.35M | — | — |
| LT Debt (USD) | — | — | — | — | — | — | — | — | — | — | $80.26M | $91.27M | $85.30M | $141.71M | — | — |
| Total Equity (USD) | $163.79M | $-47.42M | $-8.22M | $29.90M | $78.28M | $110.73M | $137.95M | $160.69M | $284.03M | $300.26M | $329.30M | $405.12M | $465.65M | $476.81M | — | — |
| Metric | FY 2025 Nov 30, 2025 10-K ↗ | FY 2024 Nov 30, 2024 10-K ↗ | FY 2023 Nov 30, 2023 10-K ↗ | FY 2022 Nov 30, 2022 10-K ↗ | FY 2021 Nov 30, 2021 10-K ↗ | FY 2020 Nov 30, 2020 10-K ↗ | FY 2019 Nov 30, 2019 10-K ↗ | FY 2018 Nov 30, 2018 10-K ↗ | FY 2017 Nov 30, 2017 10-K ↗ | FY 2016 Nov 30, 2016 10-K ↗ | FY 2015 Nov 30, 2015 10-K ↗ | FY 2014 Nov 30, 2014 10-K ↗ | FY 2013 Nov 30, 2013 10-K ↗ | FY 2012 Nov 30, 2012 10-K ↗ | FY 2011 Nov 30, 2011 10-K ↗ | FY 2010 Nov 30, 2010 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue/Turnover (USD) | $0.00 | $0.00 | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| Depreciation Expense (USD) | $22.00K | $22.00K | $10.00K | $7.00K | $7.00K | $7.00K | $15.00K | $22.00K | $34.00K | $33.00K | $35.00K | $36.00K | $3.90M | $104.00K | $1.11M | — |
| Net Income, GAAP (USD) | $-94.66M | $-45.62M | $-46.80M | $-53.34M | $-40.54M | $-33.56M | $-27.76M | $-112.77M | $-39.02M | $-33.85M | $-31.95M | $-40.48M | $-1.68B | $-11.83M | $45.14M | $-1.65B |
| Operating Cash Flow (USD) | $-14.03M | $-12.64M | $-7.79M | $-12.37M | $-9.86M | $-10.02M | $-6.13M | $-10.39M | $-8.28M | $-7.42M | — | — | — | — | — | — |
Secondary lens
Benchmark Lens
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Open lens
Benchmark Lens
Compare NG against peers after checking the statement evidence.
Signals
Key bullish and bearish indicators for NG
No bullish signals detected
Return on Common Equity (%) is in the bottom quartile
Percentile Rankings
How NG compares to all companies
Peer Comparison
NG vs similar peers
Compare NG with peers
Stack NG against similar companies across every metric on this page.
north_east Open comparisonbar_chart Data from SEC EDGAR XBRL filings
Synced 1 week ago 16 years · 60 quarters