NovaGold Net Working Capital from 2010 to 2026
| NG Stock | USD 10.75 0.58 5.70% |
Net Working Capital | First Reported 2020-02-29 | Previous Quarter 121.5 M | Current Value 112.5 M | Quarterly Volatility 46.7 M |
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.
NovaGold | Net Working Capital | Build AI portfolio with NovaGold Stock |
The Net Working Capital 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' Net Working Capital Growth Pattern
Below is the plot of the Net Working Capital of NovaGold Resources over the last few years. It is NovaGold Resources' Net Working Capital 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.
| Net Working Capital | 10 Years Trend |
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Net Working Capital |
| Timeline |
NovaGold Net Working Capital Regression Statistics
| Arithmetic Mean | 113,743,185 | |
| Geometric Mean | 108,689,761 | |
| Coefficient Of Variation | 32.37 | |
| Mean Deviation | 30,524,340 | |
| Median | 101,294,100 | |
| Standard Deviation | 36,821,344 | |
| Sample Variance | 1355.8T | |
| Range | 111.5M | |
| R-Value | 0.40 | |
| Mean Square Error | 1211.6T | |
| R-Squared | 0.16 | |
| Significance | 0.11 | |
| Slope | 2,936,625 | |
| Total Sum of Squares | 21693T |
NovaGold Net Working Capital History
About NovaGold Resources Financial Statements
NovaGold Resources stakeholders use historical fundamental indicators, such as NovaGold Resources' Net Working Capital, 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 Reported | Projected for Next Year | ||
| Net Working Capital | 101.3 M | 109.7 M |
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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.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.
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.