NovaGold Resources Inc (NG) — Defensive Interval Ratio
NovaGold Resources Inc (NG) has a Defensive Interval Ratio of 9804 days as of August 2025. Defensive assets of CA$125.94 Million (cash CA$58.17 Million, short-term investments CA$67.00 Million, receivables CA$776.00K) cover 9804 days of daily cash needs of CA$12.85K/day. Check NG tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
NovaGold Resources Inc Defensive Interval Ratio (1997–2024)
This chart shows how NovaGold Resources Inc's Defensive Interval Ratio has evolved across 28 annual periods from 1997 to 2024. As of August 2025, the ratio stands at 9804 days, meaning defensive assets of CA$125.94 Million can fund 9804 days of operations without new revenue. Also explore NG net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for NovaGold Resources Inc (1997–2024)
The table below presents the year-by-year Defensive Interval Ratio for NovaGold Resources Inc from 1997 to 2024, covering 28 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see NovaGold Resources Inc (NG) market capitalisation.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 8262 days | CA$101.55 Million | CA$12.29K/day | CA$42.22 Million | CA$59.00 Million | ▼ -3521 days |
| 2023 | 11783 days | CA$126.09 Million | CA$10.70K/day | CA$45.75 Million | CA$80.00 Million | ▼ -220 days |
| 2022 | 12003 days | CA$151.24 Million | CA$12.60K/day | CA$63.88 Million | CA$62.00 Million | ▼ -2106 days |
| 2021 | 14109 days | CA$169.43 Million | CA$12.01K/day | CA$91.12 Million | CA$78.00 Million | ▼ -6184 days |
| 2020 | 20293 days | CA$195.09 Million | CA$9.61K/day | CA$60.91 Million | CA$61.00 Million | ▲ +3954 days |
| 2019 | 16339 days | CA$149.65 Million | CA$9.16K/day | CA$67.55 Million | CA$81.00 Million | ▼ -493 days |
| 2018 | 16832 days | CA$168.78 Million | CA$10.03K/day | CA$21.00 Million | CA$146.00 Million | ▲ +7845 days |
| 2017 | 8987 days | CA$84.26 Million | CA$9.38K/day | CA$27.95 Million | CA$56.00 Million | ▼ -3788 days |
| 2016 | 12775 days | CA$106.78 Million | CA$8.36K/day | CA$30.27 Million | CA$75.00 Million | ▲ +3670 days |
| 2015 | 9105 days | CA$87.73 Million | CA$9.64K/day | CA$- | CA$85.00 Million | ▲ +7244 days |
| 2014 | 1861 days | CA$98.01 Million | CA$52.67K/day | CA$- | CA$95.00 Million | ▼ -7543 days |
| 2013 | 9403 days | CA$112.14 Million | CA$11.93K/day | CA$- | CA$110.00 Million | ▲ +9397 days |
| 2012 | 7 days | CA$2.03 Million | CA$307.96K/day | CA$- | CA$- | ▼ -103 days |
| 2011 | 109 days | CA$13.53 Million | CA$123.95K/day | CA$- | CA$- | ▲ +103 days |
| 2010 | 6 days | CA$514.95K | CA$81.93K/day | CA$- | CA$- | ▼ -17 days |
| 2009 | 23 days | CA$890.61K | CA$38.07K/day | CA$- | CA$- | ▲ +0 days |
| 2008 | 23 days | CA$1.85 Million | CA$80.16K/day | CA$- | CA$- | ▼ -64 days |
| 2007 | 87 days | CA$30.03 Million | CA$346.57K/day | CA$- | CA$18.37 Million | ▲ +23 days |
| 2006 | 63 days | CA$6.09 Million | CA$95.96K/day | CA$- | CA$3.10 Million | ▼ -149 days |
| 2005 | 212 days | CA$5.03 Million | CA$23.70K/day | CA$- | CA$3.03 Million | ▲ +182 days |
| 2004 | 30 days | CA$557.26K | CA$18.38K/day | CA$- | CA$- | ▲ +18 days |
| 2003 | 12 days | CA$156.04K | CA$12.90K/day | CA$- | CA$- | ▼ -112 days |
| 2002 | 124 days | CA$1.37 Million | CA$11.04K/day | CA$- | CA$- | ▲ +58 days |
| 2001 | 67 days | CA$459.01K | CA$6.88K/day | CA$- | CA$- | ▲ +25 days |
| 2000 | 42 days | CA$256.24K | CA$6.15K/day | CA$- | CA$- | ▼ -17 days |
| 1999 | 59 days | CA$407.46K | CA$6.88K/day | CA$- | CA$- | ▲ +47 days |
| 1998 | 12 days | CA$65.10K | CA$5.35K/day | CA$- | CA$- | ▼ -4 days |
| 1997 | 16 days | CA$70.27K | CA$4.43K/day | CA$- | CA$- | — |