NovaGold Resources Inc (NG) — Tangible Net Worth Ratio
NovaGold Resources Inc (NG) has a Tangible Net Worth Ratio of 100.0% as of August 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$177.11 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See net assets of NovaGold Resources Inc for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
NovaGold Resources Inc Tangible Net Worth Ratio (1996–2022)
This chart shows how NovaGold Resources Inc's Tangible Net Worth Ratio has changed across 26 annual periods from 1996 to 2022. As of August 2025, the ratio stands at 100.0%, reflecting net assets of CA$177.11 Million with intangible assets of CA$0.00 CAD. Also explore NG net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for NovaGold Resources Inc (1996–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for NovaGold Resources Inc from 1996 to 2022, covering 26 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of NovaGold Resources Inc.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 100.0% | CA$29.90 Million | CA$0.00 | CA$159.19 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$78.28 Million | CA$0.00 | CA$198.85 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$110.73 Million | CA$0.00 | CA$224.44 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$137.95 Million | CA$0.00 | CA$245.84 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$160.69 Million | CA$0.00 | CA$260.93 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$284.03 Million | CA$0.00 | CA$398.87 Million | ▲ +0.5 pp |
| 2016 | 99.5% | CA$300.26 Million | CA$1.51 Million | CA$408.26 Million | ▲ +0.3 pp |
| 2015 | 99.2% | CA$329.30 Million | CA$2.73 Million | CA$433.58 Million | ▼ -0.8 pp |
| 2014 | 100.0% | CA$405.12 Million | CA$0.00 | CA$524.55 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$465.65 Million | CA$0.00 | CA$578.69 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$479.23 Million | CA$0.00 | CA$660.02 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$494.65 Million | CA$0.00 | CA$702.78 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$599.51 Million | CA$0.00 | CA$786.39 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$582.22 Million | CA$0.00 | CA$738.63 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$438.48 Million | CA$0.00 | CA$624.46 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$859.80 Million | CA$0.00 | CA$1.17 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | CA$386.72 Million | CA$0.00 | CA$495.33 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$192.85 Million | CA$0.00 | CA$231.50 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$144.45 Million | CA$0.00 | CA$177.28 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$71.80 Million | CA$0.00 | CA$77.01 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$28.71 Million | CA$0.00 | CA$33.69 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$7.18 Million | CA$0.00 | CA$11.42 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$4.33 Million | CA$0.00 | CA$9.65 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$2.31 Million | CA$0.00 | CA$13.72 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$4.08 Million | CA$0.00 | CA$9.07 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CA$4.01 Million | CA$0.00 | CA$9.42 Million | — |