NovaGold Resources Inc - Asset Resilience Ratio
NovaGold Resources Inc (NG) has an Asset Resilience Ratio of 36.24% as of August 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read NG current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2005–2024)
This chart shows how NovaGold Resources Inc's Asset Resilience Ratio has changed over time. See NG net asset value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down NovaGold Resources Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see market cap of NovaGold Resources Inc.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$58.17 Million | 16.84% |
| Short-term Investments | CA$67.00 Million | 19.4% |
| Total Liquid Assets | CA$125.17 Million | 36.24% |
Asset Resilience Insights
- Very High Liquidity: NovaGold Resources Inc maintains exceptional liquid asset reserves at 36.24% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
NovaGold Resources Inc Industry Peers by Asset Resilience Ratio
Compare NovaGold Resources Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
New Gold Inc
TO:NGD |
Gold | 0.04% |
|
Franco-Nevada Corporation
TO:FNV |
Gold | 2.88% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 13.56% |
|
Alamos Gold Inc
TO:AGI |
Gold | 8.52% |
|
OceanaGold Corporation
TO:OGC |
Gold | 11.64% |
|
Genesis Minerals Ltd
AU:GMD |
Gold | 0.15% |
Annual Asset Resilience Ratio for NovaGold Resources Inc (2005–2024)
The table below shows the annual Asset Resilience Ratio data for NovaGold Resources Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-11-30 | 92.23% | CA$101.22 Million ≈ $73.22 Million |
CA$109.75 Million ≈ $79.39 Million |
-2.11pp |
| 2023-11-30 | 94.34% | CA$125.75 Million ≈ $90.96 Million |
CA$133.29 Million ≈ $96.42 Million |
+15.27pp |
| 2022-11-30 | 79.08% | CA$125.88 Million ≈ $91.06 Million |
CA$159.19 Million ≈ $115.15 Million |
-5.97pp |
| 2021-11-30 | 85.05% | CA$169.12 Million ≈ $122.34 Million |
CA$198.85 Million ≈ $143.85 Million |
+30.73pp |
| 2020-11-30 | 54.32% | CA$121.91 Million ≈ $88.18 Million |
CA$224.44 Million ≈ $162.36 Million |
-6.11pp |
| 2019-11-30 | 60.43% | CA$148.55 Million ≈ $107.46 Million |
CA$245.84 Million ≈ $177.83 Million |
-3.58pp |
| 2018-11-30 | 64.00% | CA$167.00 Million ≈ $120.81 Million |
CA$260.93 Million ≈ $188.75 Million |
+42.96pp |
| 2017-11-30 | 21.05% | CA$83.95 Million ≈ $60.73 Million |
CA$398.87 Million ≈ $288.54 Million |
-4.74pp |
| 2016-11-30 | 25.79% | CA$105.27 Million ≈ $76.15 Million |
CA$408.26 Million ≈ $295.33 Million |
+6.18pp |
| 2015-11-30 | 19.60% | CA$85.00 Million ≈ $61.49 Million |
CA$433.58 Million ≈ $313.65 Million |
+1.49pp |
| 2014-11-30 | 18.11% | CA$95.00 Million ≈ $68.72 Million |
CA$524.55 Million ≈ $379.45 Million |
-0.90pp |
| 2013-11-30 | 19.01% | CA$110.00 Million ≈ $79.57 Million |
CA$578.69 Million ≈ $418.61 Million |
+17.44pp |
| 2007-11-30 | 1.57% | CA$18.37 Million ≈ $13.29 Million |
CA$1.17 Billion ≈ $846.11 Million |
+0.95pp |
| 2006-11-30 | 0.63% | CA$3.10 Million ≈ $2.24 Million |
CA$495.33 Million ≈ $358.32 Million |
-0.68pp |
| 2005-11-30 | 1.31% | CA$3.03 Million ≈ $2.19 Million |
CA$231.50 Million ≈ $167.46 Million |
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About NovaGold Resources Inc
NovaGold Resources Inc. explores and develops gold mineral properties in the United States. Its principal asset owns 50% interest in the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim and Mt. McKinley Recording Districts. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to… Read more