NovaGold Total Assets from 2010 to 2026

NG Stock  USD 10.75  0.58  5.70%   
NovaGold Resources' Total Assets are decreasing over the last several years with slightly volatile swings. Total Assets are predicted to flatten to about 358.2 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
1997-02-28
Previous Quarter
345.4 M
Current Value
335.9 M
Quarterly Volatility
304.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
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 Total Assets 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' Total Assets Growth Pattern

Below is the plot of the Total Assets of NovaGold Resources over the last few years. Total assets refers to the total amount of NovaGold Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NovaGold Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. NovaGold Resources' Total Assets 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.
ViewLast Reported 335.91 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

NovaGold Total Assets Regression Statistics

Arithmetic Mean319,180,782
Geometric Mean245,008,558
Coefficient Of Variation54.91
Mean Deviation142,556,753
Median335,913,000
Standard Deviation175,277,416
Sample Variance30722.2T
Range650.6M
R-Value(0.36)
Mean Square Error28617.4T
R-Squared0.13
Significance0.16
Slope(12,356,468)
Total Sum of Squares491554.8T

NovaGold Total Assets History

2026358.2 M
2025386.3 M
2024335.9 M
2023109.8 M
2022133.3 M
2021159.2 M
2020198.9 M

Other Fundumenentals of NovaGold Resources

NovaGold Resources Total Assets 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' Total Assets, 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
Total Assets386.3 M358.2 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.