NovaGold Cost Of Revenue from 2010 to 2024

NG Stock  USD 3.65  0.05  1.39%   
NovaGold Resources' Cost Of Revenue is decreasing over the last several years with slightly volatile swings. Cost Of Revenue is predicted to flatten to 8,550. During the period from 2010 to 2024 NovaGold Resources Cost Of Revenue regressed destribution of quarterly values had coefficient of variationof  298.65 and r-value of (0.48). View All Fundamentals
 
Cost Of Revenue  
First Reported
1999-05-31
Previous Quarter
K
Current Value
K
Quarterly Volatility
5.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NovaGold Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NovaGold Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 K, Interest Expense of 11.7 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 6.6 K, Dividend Yield of 0.0 or Days Sales Outstanding of 12 K. NovaGold financial statements analysis is a perfect complement when working with NovaGold Resources Valuation or Volatility modules.
  
Check out the analysis of NovaGold Resources Correlation against competitors.
For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.

Latest NovaGold Resources' Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of NovaGold Resources over the last few years. Cost of Revenue is found on NovaGold Resources income statement and represents the costs associated with goods and services NovaGold Resources provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is NovaGold Resources' Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NovaGold Resources' overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

NovaGold Cost Of Revenue Regression Statistics

Arithmetic Mean633,186
Geometric Mean0.00
Coefficient Of Variation298.65
Mean Deviation992,757
Median10,000
Standard Deviation1,890,997
Sample Variance3.6T
Range7.3M
R-Value(0.48)
Mean Square Error3T
R-Squared0.23
Significance0.07
Slope(201,343)
Total Sum of Squares50.1T

NovaGold Cost Of Revenue History

2024 8550.0
2023 9000.0
202210 K
2019 7000.0
201815 K
201722 K
201634 K

About NovaGold Resources Financial Statements

NovaGold Resources stakeholders use historical fundamental indicators, such as NovaGold Resources' Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although NovaGold Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in NovaGold Resources' assets and liabilities are reflected in the revenues and expenses on NovaGold Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in NovaGold Resources. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of RevenueK8.6 K

Currently Active Assets on Macroaxis

Check out the analysis of NovaGold Resources Correlation against competitors.
For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NovaGold Resources. If investors know NovaGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NovaGold Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.14)
Return On Assets
(0.12)
Return On Equity
(17.91)
The market value of NovaGold Resources is measured differently than its book value, which is the value of NovaGold that is recorded on the company's balance sheet. Investors also form their own opinion of NovaGold Resources' value that differs from its market value or its book value, called intrinsic value, which is NovaGold Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NovaGold Resources' market value can be influenced by many factors that don't directly affect NovaGold Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NovaGold Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NovaGold Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NovaGold Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.