NovaGold Resources Inc Cash Flow Conversion Efficiency
NovaGold Resources Inc 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 ≈ $128.12 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of NovaGold Resources Inc (1996–2024)
Cash flow conversion efficiency of NovaGold Resources Inc from 1996 to 2024. This chart illustrates how NovaGold Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View NovaGold Resources Inc stock price for real-time trading data and today's change.
NovaGold Resources Inc Cash Flow Conversion Ratio Explained
NovaGold Resources Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
NovaGold Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NovaGold Resources Inc ranked by their cash flow conversion efficiency. Also see NovaGold Resources Inc (NG) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Air China Limited
F:AD2
|
0.337x |
|
ACC Limited
NSE:ACC
|
-0.111x |
|
Diamond Power Infrastructure Limited
NSE:DIACABS
|
0.340x |
|
PT Golden Energy Mines Tbk
JK:GEMS
|
0.053x |
|
Hainan Mining Co Ltd
SHG:601969
|
0.046x |
|
Pacific Premier Bancorp Inc
NASDAQ:PPBI
|
0.019x |
|
Thule Group AB
ST:THULE
|
0.007x |
|
Engie Energia Chile SA
SN:ECL
|
0.025x |
Annual Cash Flow Conversion Efficiency for NovaGold Resources Inc (1996–2024)
The table below shows the annual cash flow conversion efficiency of NovaGold Resources Inc from 1996 to 2024. Review free cash flow generation of NovaGold Resources Inc to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-11-30 | CA$-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