NovaGold Resources Inc (NG) — Financial Flexibility Index

Latest as of August 2025: -0.01x

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 NovaGold Resources Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.01x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-903.00K
Operating CF − Capex

Total Liabilities

CA$168.27 Million
CAD

Capital Expenditures

CA$0.00
CAD

NovaGold Resources Inc Financial Flexibility Index (1996–2024)

Historical Financial Flexibility Index trend for NovaGold Resources Inc across 28 annual periods. For the full cash flow conversion analysis, see NovaGold Resources Inc cash conversion from operations.

Annual Financial Flexibility Index for NovaGold Resources Inc (1996–2024)

Year-by-year free cash flow to debt coverage for NovaGold Resources Inc. Explore debt repayment capacity of NovaGold Resources Inc to assess how comfortably operating cash covers total debt obligations.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities