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). Also explore net asset growth rate of NovaGold Resources Inc to track the company's year-over-year net asset growth rate.

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. Check NovaGold Resources Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

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 NovaGold Resources Inc (NG) market capitalisation.

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