NovaGold Interest Income from 2010 to 2026

NG Stock  USD 10.75  0.58  5.70%   
NovaGold Resources' Interest Income is increasing over the last several years with slightly volatile swings. Interest Income is estimated to finish at about 57.2 M this year. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2019-02-28
Previous Quarter
1.2 M
Current Value
1.4 M
Quarterly Volatility
594.9 K
 
Covid
 
Interest Hikes
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 18.3 K, Interest Expense of 8.7 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 5 K, Dividend Yield of 0.0 or PTB Ratio of 22.01. NovaGold financial statements analysis is a perfect complement when working with NovaGold Resources Valuation or Volatility modules.
  
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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.
The Interest Income trend for NovaGold Resources offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether NovaGold Resources is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest NovaGold Resources' Interest Income Growth Pattern

Below is the plot of the Interest Income of NovaGold Resources over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. NovaGold Resources' Interest Income 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.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

NovaGold Interest Income Regression Statistics

Arithmetic Mean11,057,954
Geometric Mean2,201,630
Coefficient Of Variation182.72
Mean Deviation14,815,453
Median1,744,000
Standard Deviation20,205,561
Sample Variance408.3T
Range56.9M
R-Value0.72
Mean Square Error209.4T
R-Squared0.52
Significance0
Slope2,882,773
Total Sum of Squares6532.2T

NovaGold Interest Income History

202657.2 M
202554.5 M
202447.4 M
20235.4 M
20225.8 M
20215.6 M
2020458 K

Other Fundumenentals of NovaGold Resources

NovaGold Resources Interest Income component correlations

0.970.15-0.55-0.13-0.120.390.570.37-0.180.56-0.050.020.520.63-0.040.55-0.32-0.05-0.110.63-0.480.07
0.970.28-0.610.06-0.250.170.50.42-0.180.67-0.260.10.60.64-0.140.67-0.51-0.22-0.260.75-0.51-0.08
0.150.28-0.020.11-0.42-0.370.050.470.230.49-0.460.460.070.10.060.37-0.59-0.35-0.520.390.11-0.45
-0.55-0.61-0.02-0.46-0.140.02-0.46-0.310.06-0.050.540.27-0.190.10.71-0.120.490.430.24-0.570.280.23
-0.130.060.11-0.460.01-0.75-0.450.03-0.140.03-0.77-0.250.09-0.1-0.750.2-0.51-0.46-0.390.5-0.4-0.27
-0.12-0.25-0.42-0.140.010.37-0.13-0.16-0.05-0.810.4-0.83-0.69-0.25-0.35-0.690.580.510.55-0.15-0.010.57
0.390.17-0.370.02-0.750.370.52-0.05-0.03-0.210.67-0.2-0.110.110.4-0.240.630.60.4-0.20.00.53
0.570.50.05-0.46-0.45-0.130.520.350.30.160.070.290.24-0.080.08-0.04-0.12-0.15-0.07-0.010.3-0.12
0.370.420.47-0.310.03-0.16-0.050.35-0.20.33-0.30.380.070.02-0.110.18-0.41-0.31-0.390.290.0-0.31
-0.18-0.180.230.06-0.14-0.05-0.030.3-0.2-0.10.020.02-0.12-0.270.11-0.210.01-0.10.04-0.240.61-0.11
0.560.670.49-0.050.03-0.81-0.210.160.33-0.1-0.360.620.790.670.290.93-0.6-0.35-0.490.56-0.35-0.35
-0.05-0.26-0.460.54-0.770.40.670.07-0.30.02-0.36-0.23-0.270.180.57-0.430.810.740.8-0.580.250.71
0.020.10.460.27-0.25-0.83-0.20.290.380.020.62-0.230.420.050.450.38-0.41-0.39-0.53-0.080.29-0.54
0.520.60.07-0.190.09-0.69-0.110.240.07-0.120.79-0.270.420.560.150.74-0.42-0.29-0.320.44-0.4-0.2
0.630.640.10.1-0.1-0.250.11-0.080.02-0.270.670.180.050.560.350.71-0.080.270.120.55-0.540.34
-0.04-0.140.060.71-0.75-0.350.40.08-0.110.110.290.570.450.150.350.120.460.530.29-0.280.310.33
0.550.670.37-0.120.2-0.69-0.24-0.040.18-0.210.93-0.430.380.740.710.12-0.59-0.35-0.510.67-0.61-0.32
-0.32-0.51-0.590.49-0.510.580.63-0.12-0.410.01-0.60.81-0.41-0.42-0.080.46-0.590.880.73-0.510.220.79
-0.05-0.22-0.350.43-0.460.510.6-0.15-0.31-0.1-0.350.74-0.39-0.290.270.53-0.350.880.72-0.140.060.92
-0.11-0.26-0.520.24-0.390.550.4-0.07-0.390.04-0.490.8-0.53-0.320.120.29-0.510.730.72-0.360.270.8
0.630.750.39-0.570.5-0.15-0.2-0.010.29-0.240.56-0.58-0.080.440.55-0.280.67-0.51-0.14-0.36-0.61-0.06
-0.48-0.510.110.28-0.4-0.010.00.30.00.61-0.350.250.29-0.4-0.540.31-0.610.220.060.27-0.61-0.06
0.07-0.08-0.450.23-0.270.570.53-0.12-0.31-0.11-0.350.71-0.54-0.20.340.33-0.320.790.920.8-0.06-0.06
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About NovaGold Resources Financial Statements

NovaGold Resources stakeholders use historical fundamental indicators, such as NovaGold Resources' Interest Income, 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
Interest Income54.5 M57.2 M
Net Interest Income-8.7 M-9.1 M

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 Transaction History module to view history of all your transactions and understand their impact on performance.
Can Metals & Mining industry sustain growth momentum? Does NovaGold have expansion opportunities? Factors like these will boost the valuation of NovaGold Resources. Anticipated expansion of NovaGold directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating NovaGold Resources demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share
(0.25)
Return On Assets
(0.07)
Return On Equity
(1.63)
Investors evaluate NovaGold Resources using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating NovaGold Resources' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause NovaGold Resources' market price to deviate significantly from intrinsic value.
It's important to distinguish between NovaGold Resources' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding NovaGold Resources should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, NovaGold Resources' market price signifies the transaction level at which participants voluntarily complete trades.