NovaGold Resources Inc (NG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, NovaGold Resources Inc (NG) has a cash flow conversion efficiency ratio of -0.005x as of August 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-903.00K ≈ $-653.22K USD) by net assets (CA$177.11 Million ≈ $128.12 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is NovaGold Resources Inc worth for the company's overall valuation and market capitalisation.
NovaGold Resources Inc - Cash Flow Conversion Efficiency Trend (1996–2024)
This chart illustrates how NovaGold Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
NovaGold Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NovaGold Resources Inc ranked by their cash flow conversion efficiency. Explore NG cash to earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Acer Inc
TW:2353
|
-0.050x |
|
Group 1 Automotive Inc
NYSE:GPI
|
0.046x |
|
Bucher Industries AG
SW:BUCN
|
0.183x |
|
F&G Annuities & Life Inc.
NYSE:FG
|
0.475x |
|
KB Home
NYSE:KBH
|
0.079x |
|
Corporación Inmobiliaria Vesta S.A.B. de C.V
MX:VESTA
|
0.014x |
|
Arcutis Biotherapeutics Inc
NASDAQ:ARQT
|
0.057x |
|
Shanghai Daimay Auto Interior
SHG:603730
|
0.049x |
Annual Cash Flow Conversion Efficiency for NovaGold Resources Inc (1996–2024)
The table below shows the annual cash flow conversion efficiency of NovaGold Resources Inc from 1996 to 2024. View NG live share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-11-30 | CA$-47.42 Million ≈ $-34.30 Million |
CA$-12.64 Million ≈ $-9.15 Million |
0.267x | -71.84% |
| 2023-11-30 | CA$-8.22 Million ≈ $-5.95 Million |
CA$-7.79 Million ≈ $-5.63 Million |
0.947x | +328.87% |
| 2022-11-30 | CA$29.90 Million ≈ $21.63 Million |
CA$-12.37 Million ≈ $-8.95 Million |
-0.414x | -228.35% |
| 2021-11-30 | CA$78.28 Million ≈ $56.63 Million |
CA$-9.86 Million ≈ $-7.13 Million |
-0.126x | -39.23% |
| 2020-11-30 | CA$110.73 Million ≈ $80.10 Million |
CA$-10.02 Million ≈ $-7.25 Million |
-0.090x | -103.75% |
| 2019-11-30 | CA$137.95 Million ≈ $99.79 Million |
CA$-6.13 Million ≈ $-4.43 Million |
-0.044x | +31.33% |
| 2018-11-30 | CA$160.69 Million ≈ $116.24 Million |
CA$-10.39 Million ≈ $-7.52 Million |
-0.065x | -121.84% |
| 2017-11-30 | CA$284.03 Million ≈ $205.46 Million |
CA$-8.28 Million ≈ $-5.99 Million |
-0.029x | +25.16% |
| 2016-11-30 | CA$300.26 Million ≈ $217.21 Million |
CA$-11.70 Million ≈ $-8.46 Million |
-0.039x | -12.26% |
| 2015-11-30 | CA$329.30 Million ≈ $238.21 Million |
CA$-11.43 Million ≈ $-8.27 Million |
-0.035x | -43.32% |
| 2014-11-30 | CA$405.12 Million ≈ $293.05 Million |
CA$-9.81 Million ≈ $-7.09 Million |
-0.024x | +42.16% |
| 2013-11-30 | CA$465.65 Million ≈ $336.84 Million |
CA$-19.49 Million ≈ $-14.10 Million |
-0.042x | +77.45% |
| 2012-11-30 | CA$479.23 Million ≈ $346.67 Million |
CA$-88.95 Million ≈ $-64.34 Million |
-0.186x | -16.56% |
| 2011-11-30 | CA$494.65 Million ≈ $357.83 Million |
CA$-78.77 Million ≈ $-56.98 Million |
-0.159x | -66.73% |
| 2010-11-30 | CA$599.51 Million ≈ $433.68 Million |
CA$-57.26 Million ≈ $-41.42 Million |
-0.096x | +2.75% |
| 2009-11-30 | CA$582.22 Million ≈ $421.17 Million |
CA$-57.18 Million ≈ $-41.36 Million |
-0.098x | +55.10% |
| 2008-11-30 | CA$438.48 Million ≈ $317.19 Million |
CA$-95.90 Million ≈ $-69.37 Million |
-0.219x | -211.91% |
| 2007-11-30 | CA$859.80 Million ≈ $621.97 Million |
CA$-60.29 Million ≈ $-43.61 Million |
-0.070x | -890.33% |
| 2006-11-30 | CA$386.72 Million ≈ $279.75 Million |
CA$-2.74 Million ≈ $-1.98 Million |
-0.007x | +73.40% |
| 2005-11-30 | CA$192.85 Million ≈ $139.50 Million |
CA$-5.13 Million ≈ $-3.71 Million |
-0.027x | -42.36% |
| 2004-11-30 | CA$144.45 Million ≈ $104.49 Million |
CA$-2.70 Million ≈ $-1.95 Million |
-0.019x | +65.16% |
| 2003-11-30 | CA$71.80 Million ≈ $51.94 Million |
CA$-3.85 Million ≈ $-2.79 Million |
-0.054x | -67.88% |
| 2002-11-30 | CA$28.71 Million ≈ $20.77 Million |
CA$-917.88K ≈ $-663.98K |
-0.032x | -139.93% |
| 2001-11-30 | CA$7.18 Million ≈ $5.20 Million |
CA$575.15K ≈ $416.05K |
0.080x | -56.95% |
| 2000-11-30 | CA$4.33 Million ≈ $3.13 Million |
CA$805.29K ≈ $582.53K |
0.186x | -94.28% |
| 1998-11-30 | CA$-260.42K ≈ $-188.38K |
CA$-846.35K ≈ $-612.24K |
3.250x | +1813.63% |
| 1997-11-30 | CA$4.08 Million ≈ $2.95 Million |
CA$-773.01K ≈ $-559.19K |
-0.190x | +68.00% |
| 1996-11-30 | CA$4.01 Million ≈ $2.90 Million |
CA$-2.37 Million ≈ $-1.72 Million |
-0.593x | -- |
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