NovaGold Resources Inc (NG) — Net Asset Quality Index
NovaGold Resources Inc (NG) has a Net Asset Quality Index of 51.3% as of August 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$345.38 Million minus total liabilities of CA$168.27 Million yields net assets of CA$177.11 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check NG financial resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
NovaGold Resources Inc Net Asset Quality Index Over Time (1996–2024)
This chart shows how NovaGold Resources Inc's Net Asset Quality Index has evolved across 29 annual periods from 1996 to 2024. As of August 2025, the index stands at 51.3%, representing net assets of CA$177.11 Million against total assets of CA$345.38 Million CAD. See NG working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for NovaGold Resources Inc (1996–2024)
The table below presents the year-by-year Net Asset Quality Index for NovaGold Resources Inc from 1996 to 2024, covering 29 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see NovaGold Resources Inc stock valuation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -43.2% | CA$-47.42 Million | CA$109.75 Million | CA$157.17 Million | ▼ -37.0 pp |
| 2023 | -6.2% | CA$-8.22 Million | CA$133.29 Million | CA$141.51 Million | ▼ -25.0 pp |
| 2022 | 18.8% | CA$29.90 Million | CA$159.19 Million | CA$129.29 Million | ▼ -20.6 pp |
| 2021 | 39.4% | CA$78.28 Million | CA$198.85 Million | CA$120.57 Million | ▼ -10.0 pp |
| 2020 | 49.3% | CA$110.73 Million | CA$224.44 Million | CA$113.71 Million | ▼ -6.8 pp |
| 2019 | 56.1% | CA$137.95 Million | CA$245.84 Million | CA$107.88 Million | ▼ -5.5 pp |
| 2018 | 61.6% | CA$160.69 Million | CA$260.93 Million | CA$100.24 Million | ▼ -9.6 pp |
| 2017 | 71.2% | CA$284.03 Million | CA$398.87 Million | CA$114.84 Million | ▼ -2.3 pp |
| 2016 | 73.5% | CA$300.26 Million | CA$408.26 Million | CA$108.00 Million | ▼ -2.4 pp |
| 2015 | 75.9% | CA$329.30 Million | CA$433.58 Million | CA$104.29 Million | ▼ -1.3 pp |
| 2014 | 77.2% | CA$405.12 Million | CA$524.55 Million | CA$119.43 Million | ▼ -3.2 pp |
| 2013 | 80.5% | CA$465.65 Million | CA$578.69 Million | CA$113.04 Million | ▲ +7.9 pp |
| 2012 | 72.6% | CA$479.23 Million | CA$660.02 Million | CA$180.79 Million | ▲ +2.2 pp |
| 2011 | 70.4% | CA$494.65 Million | CA$702.78 Million | CA$208.13 Million | ▼ -5.9 pp |
| 2010 | 76.2% | CA$599.51 Million | CA$786.39 Million | CA$186.88 Million | ▼ -2.6 pp |
| 2009 | 78.8% | CA$582.22 Million | CA$738.63 Million | CA$156.41 Million | ▲ +8.6 pp |
| 2008 | 70.2% | CA$438.48 Million | CA$624.46 Million | CA$185.98 Million | ▼ -3.3 pp |
| 2007 | 73.5% | CA$859.80 Million | CA$1.17 Billion | CA$309.86 Million | ▼ -4.6 pp |
| 2006 | 78.1% | CA$386.72 Million | CA$495.33 Million | CA$108.62 Million | ▼ -5.2 pp |
| 2005 | 83.3% | CA$192.85 Million | CA$231.50 Million | CA$38.65 Million | ▲ +1.8 pp |
| 2004 | 81.5% | CA$144.45 Million | CA$177.28 Million | CA$32.84 Million | ▼ -11.8 pp |
| 2003 | 93.2% | CA$71.80 Million | CA$77.01 Million | CA$5.21 Million | ▲ +8.0 pp |
| 2002 | 85.2% | CA$28.71 Million | CA$33.69 Million | CA$4.99 Million | ▲ +22.3 pp |
| 2001 | 62.9% | CA$7.18 Million | CA$11.42 Million | CA$4.24 Million | ▲ +18.1 pp |
| 2000 | 44.9% | CA$4.33 Million | CA$9.65 Million | CA$5.32 Million | ▲ +28.0 pp |
| 1999 | 16.8% | CA$2.31 Million | CA$13.72 Million | CA$11.41 Million | ▲ +20.8 pp |
| 1998 | -4.0% | CA$-260.42K | CA$6.51 Million | CA$6.77 Million | ▼ -49.0 pp |
| 1997 | 45.0% | CA$4.08 Million | CA$9.07 Million | CA$4.99 Million | ▲ +2.4 pp |
| 1996 | 42.5% | CA$4.01 Million | CA$9.42 Million | CA$5.42 Million | — |