NovaGold Resources Inc
NovaGold Resources Inc. operates in the gold mining industry, focusing on the exploration and development of gold mineral properties in the United States. The company's principal asset owns 60% interest in the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim and Mt. McKinley Recording Districts. The company was formerly… Read more
NovaGold Resources Inc (NG) - Total Assets
Latest total assets as of November 2025: $335.91 Million USD
Based on the latest financial reports, NovaGold Resources Inc (NG) holds total assets worth $335.91 Million USD as of November 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
NovaGold Resources Inc - Total Assets Trend (1996–2025)
This chart illustrates how NovaGold Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NovaGold Resources Inc - Asset Composition Analysis
Current Asset Composition (November 2025)
NovaGold Resources Inc's total assets of $335.91 Million consist of 35.0% current assets and 65.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $110.14 Million | 32.8% |
| Accounts Receivable | $1.30 Million | 0.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $818.00K | 0.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2025)
This chart illustrates how NovaGold Resources Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NovaGold Resources Inc's current assets represent 35.0% of total assets in 2025, an increase from 4.7% in 1996.
- Cash Position: Cash and equivalents constituted 32.8% of total assets in 2025, up from 2.4% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is cash and equivalents at 32.8% of total assets.
NovaGold Resources Inc Competitors by Total Assets
Key competitors of NovaGold Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
NovaGold Resources Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - NovaGold Resources Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - NovaGold Resources Inc is currently not profitable relative to its asset base.
NovaGold Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 23.79 | 22.91 | 119.02 |
| Quick Ratio | 23.79 | 22.91 | 119.02 |
| Cash Ratio | 22.31 | 9.41 | 0.00 |
| Working Capital | $112.55 Million | $ 98.27 Million | $ 187.65 Million |
NovaGold Resources Inc - Advanced Valuation Insights
This section examines the relationship between NovaGold Resources Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 27.20 |
| Latest Market Cap to Assets Ratio | 9.52 |
| Asset Growth Rate (YoY) | 206.1% |
| Total Assets | $335.91 Million |
| Market Capitalization | $3.20 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values NovaGold Resources Inc's assets at a significant premium ( 9.52x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: NovaGold Resources Inc's assets grew by 206.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for NovaGold Resources Inc (1996–2025)
The table below shows the annual total assets of NovaGold Resources Inc from 1996 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-11-30 | $335.91 Million | +206.06% |
| 2024-11-30 | $109.75 Million | -17.66% |
| 2023-11-30 | $133.29 Million | -16.27% |
| 2022-11-30 | $159.19 Million | -19.95% |
| 2021-11-30 | $198.85 Million | -11.40% |
| 2020-11-30 | $224.44 Million | -8.70% |
| 2019-11-30 | $245.84 Million | -5.78% |
| 2018-11-30 | $260.93 Million | -34.58% |
| 2017-11-30 | $398.87 Million | -2.30% |
| 2016-11-30 | $408.26 Million | -5.84% |
| 2015-11-30 | $433.58 Million | -17.34% |
| 2014-11-30 | $524.55 Million | -9.36% |
| 2013-11-30 | $578.69 Million | -12.32% |
| 2012-11-30 | $660.02 Million | -6.09% |
| 2011-11-30 | $702.78 Million | -10.63% |
| 2010-11-30 | $786.39 Million | +6.47% |
| 2009-11-30 | $738.63 Million | +18.28% |
| 2008-11-30 | $624.46 Million | -46.61% |
| 2007-11-30 | $1.17 Billion | +136.13% |
| 2006-11-30 | $495.33 Million | +113.97% |
| 2005-11-30 | $231.50 Million | +30.58% |
| 2004-11-30 | $177.28 Million | +130.21% |
| 2003-11-30 | $77.01 Million | +128.58% |
| 2002-11-30 | $33.69 Million | +195.06% |
| 2001-11-30 | $11.42 Million | +18.29% |
| 2000-11-30 | $9.65 Million | -29.63% |
| 1999-11-30 | $13.72 Million | +110.71% |
| 1998-11-30 | $6.51 Million | -28.18% |
| 1997-11-30 | $9.07 Million | -3.81% |
| 1996-11-30 | $9.42 Million | -- |