NovaGold Selling General Administrative from 2010 to 2024

NG Stock  USD 3.65  0.05  1.39%   
NovaGold Resources' Selling General Administrative is decreasing over the last several years with very volatile swings. Selling General Administrative is predicted to flatten to about 20.6 M. During the period from 2010 to 2024 NovaGold Resources Selling General Administrative regressed destribution of quarterly values had coefficient of variationof  41.49 and r-value of (0.02). View All Fundamentals
 
Selling General Administrative  
First Reported
2000-02-29
Previous Quarter
7.6 M
Current Value
5.1 M
Quarterly Volatility
7.5 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' Selling General Administrative Growth Pattern

Below is the plot of the Selling General Administrative of NovaGold Resources over the last few years. It is NovaGold Resources' Selling General Administrative 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.
Selling General Administrative10 Years Trend
Very volatile
   Selling General Administrative   
       Timeline  

NovaGold Selling General Administrative Regression Statistics

Arithmetic Mean21,008,328
Geometric Mean0.00
Coefficient Of Variation41.49
Mean Deviation4,650,633
Median20,203,000
Standard Deviation8,716,041
Sample Variance76T
Range44.1M
R-Value(0.02)
Mean Square Error81.8T
R-Squared0.0003
Significance0.95
Slope(35,790)
Total Sum of Squares1063.6T

NovaGold Selling General Administrative History

202420.6 M
202325.1 M
202221.8 M
202120.1 M
202020.2 M
201918.7 M
201816.3 M

About NovaGold Resources Financial Statements

NovaGold Resources stakeholders use historical fundamental indicators, such as NovaGold Resources' Selling General Administrative, 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
Selling General Administrative25.1 M20.6 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 Commodity Directory module to find actively traded commodities issued by 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.