NovaGold Resources Inc (NG) — Financial Flexibility Index
NovaGold Resources Inc (NG) has a Financial Flexibility Index of -0.01x as of August 2025. Free cash flow of CA$-903.00K (operating CF CA$-903.00K minus capex CA$0.00) represents 0% of total liabilities (CA$168.27 Million). Check asset allocation strategy of NovaGold Resources Inc to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
NovaGold Resources Inc Financial Flexibility Index (1996–2024)
Historical Financial Flexibility Index trend for NovaGold Resources Inc across 28 annual periods. See NG current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for NovaGold Resources Inc (1996–2024)
Year-by-year free cash flow to debt coverage for NovaGold Resources Inc. For the full company profile including market capitalisation, see how much is NovaGold Resources Inc worth.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | -0.08x | CA$-12.64 Million | CA$-12.64 Million | CA$157.17 Million | ▼ -57.4% |
| 2023 | -0.05x | CA$-7.23 Million | CA$-7.79 Million | CA$141.51 Million | ▲ +46.6% |
| 2022 | -0.10x | CA$-12.37 Million | CA$-12.37 Million | CA$129.29 Million | ▼ -19.4% |
| 2021 | -0.08x | CA$-9.66 Million | CA$-9.86 Million | CA$120.57 Million | ▲ +9.0% |
| 2020 | -0.09x | CA$-10.02 Million | CA$-10.02 Million | CA$113.71 Million | ▼ -55.1% |
| 2019 | -0.06x | CA$-6.13 Million | CA$-6.13 Million | CA$107.88 Million | ▼ -106.2% |
| 2018 | 0.92x | CA$92.06 Million | CA$-10.39 Million | CA$100.24 Million | ▲ +1373.7% |
| 2017 | -0.07x | CA$-8.28 Million | CA$-8.28 Million | CA$114.84 Million | ▲ +33.4% |
| 2016 | -0.11x | CA$-11.70 Million | CA$-11.70 Million | CA$108.00 Million | ▲ +1.2% |
| 2015 | -0.11x | CA$-11.43 Million | CA$-11.43 Million | CA$104.29 Million | ▼ -33.7% |
| 2014 | -0.08x | CA$-9.79 Million | CA$-9.81 Million | CA$119.43 Million | ▲ +52.3% |
| 2013 | -0.17x | CA$-19.41 Million | CA$-19.49 Million | CA$113.04 Million | ▲ +64.9% |
| 2012 | -0.49x | CA$-88.38 Million | CA$-88.95 Million | CA$180.79 Million | ▼ -41.6% |
| 2011 | -0.35x | CA$-71.86 Million | CA$-78.77 Million | CA$208.13 Million | ▼ -16.9% |
| 2010 | -0.30x | CA$-55.20 Million | CA$-57.26 Million | CA$186.88 Million | ▼ -49.0% |
| 2009 | -0.20x | CA$-31.01 Million | CA$-57.18 Million | CA$156.41 Million | ▼ -153.9% |
| 2008 | 0.37x | CA$68.44 Million | CA$-95.90 Million | CA$185.98 Million | ▼ -62.9% |
| 2007 | 0.99x | CA$307.39 Million | CA$-60.29 Million | CA$309.86 Million | ▲ +16.0% |
| 2006 | 0.86x | CA$92.88 Million | CA$-2.74 Million | CA$108.62 Million | ▼ -44.9% |
| 2005 | 1.55x | CA$59.95 Million | CA$-5.13 Million | CA$38.65 Million | ▲ +156.5% |
| 2004 | 0.60x | CA$19.86 Million | CA$-2.70 Million | CA$32.84 Million | ▲ +40.8% |
| 2003 | 0.43x | CA$2.24 Million | CA$-3.85 Million | CA$5.21 Million | ▼ -73.7% |
| 2002 | 1.64x | CA$8.15 Million | CA$-917.88K | CA$4.99 Million | ▲ +152.1% |
| 2001 | 0.65x | CA$2.75 Million | CA$575.15K | CA$4.24 Million | ▲ +147.9% |
| 2000 | 0.26x | CA$1.39 Million | CA$805.29K | CA$5.32 Million | ▼ -49.6% |
| 1998 | 0.52x | CA$3.52 Million | CA$-846.35K | CA$6.77 Million | ▲ +104.8% |
| 1997 | 0.25x | CA$1.26 Million | CA$-773.01K | CA$4.99 Million | ▲ +331.3% |
| 1996 | -0.11x | CA$-593.69K | CA$-2.37 Million | CA$5.42 Million | — |