NOVAGOLD Financial Statements From 2010 to 2024

NGR Stock  EUR 3.22  0.01  0.31%   
NOVAGOLD RESOURCES financial statements provide useful quarterly and yearly information to potential NOVAGOLD RESOURCES investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on NOVAGOLD RESOURCES financial statements helps investors assess NOVAGOLD RESOURCES's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting NOVAGOLD RESOURCES's valuation are summarized below:
NOVAGOLD RESOURCES does not currently have any fundamental ratios for analysis.
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's main balance sheet or income statement drivers, such as , as well as many indicators such as . NOVAGOLD financial statements analysis is a perfect complement when working with NOVAGOLD RESOURCES Valuation or Volatility modules.
  
This module can also supplement various NOVAGOLD RESOURCES Technical models . Check out the analysis of NOVAGOLD RESOURCES Correlation against competitors.
For information on how to trade NOVAGOLD Stock refer to our How to Trade NOVAGOLD Stock guide.

NOVAGOLD RESOURCES Company Current Valuation Analysis

NOVAGOLD RESOURCES's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current NOVAGOLD RESOURCES Current Valuation

    
  1.88 B  
Most of NOVAGOLD RESOURCES's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NOVAGOLD RESOURCES is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, NOVAGOLD RESOURCES has a Current Valuation of 1.88 B. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The current valuation for all Germany stocks is notably lower than that of the firm.

NOVAGOLD RESOURCES Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NOVAGOLD RESOURCES's current stock value. Our valuation model uses many indicators to compare NOVAGOLD RESOURCES value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NOVAGOLD RESOURCES competition to find correlations between indicators driving NOVAGOLD RESOURCES's intrinsic value. More Info.
NOVAGOLD RESOURCES is regarded second in current valuation category among its peers. It is considered to be number one stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for NOVAGOLD RESOURCES is about  38,230,385 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NOVAGOLD RESOURCES's earnings, one of the primary drivers of an investment's value.

About NOVAGOLD RESOURCES Financial Statements

NOVAGOLD RESOURCES stakeholders use historical fundamental indicators, such as NOVAGOLD RESOURCES's revenue or net 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's assets and liabilities are reflected in the revenues and expenses on NOVAGOLD RESOURCES's 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in NOVAGOLD Stock

When determining whether NOVAGOLD RESOURCES is a strong investment it is important to analyze NOVAGOLD RESOURCES's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NOVAGOLD RESOURCES's future performance. For an informed investment choice regarding NOVAGOLD Stock, refer to the following important reports:
Check out the analysis of NOVAGOLD RESOURCES Correlation against competitors.
For information on how to trade NOVAGOLD Stock refer to our How to Trade NOVAGOLD Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Please note, there is a significant difference between NOVAGOLD RESOURCES's 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's 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.