Novagold Resources annual debt-to-equity ratio
2012
2013
2014
2015
2019
2020
2022
2025
Novagold Resources Debt-to-Equity Ratio Growth & History (NG)
Novagold Resources's debt-to-equity ratio was 0.00 for fiscal 2025.
View full Novagold Resources company overviewNovagold Resources annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-30 | 0.00 | — | — |
| 2022 | 2022-11-30 | 4.17 | — | — |
| 2020 | 2020-11-30 | 0.01 | 0.01 | — |
| 2019 | 2019-11-30 | 0.00 | — | — |
| 2015 | 2015-11-30 | 0.24 | 0.21 | +553.39% |
| 2014 | 2014-11-30 | 0.04 | 0.01 | +28.00% |
| 2013 | 2013-11-30 | 0.03 | −0.27 | −90.19% |
| 2012 | 2012-11-30 | 0.30 | — | — |
Novagold Resources quarterly debt-to-equity ratio
Q4.12
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | 0.41 | −0.55 | −57.14% |
| Q1 2026 | 2026-02-28 | 0.38 | — | — |
| Q4 2025 | 2025-11-30 | 0.00 | — | — |
| Q3 2025 | 2025-08-31 | 0.92 | — | — |
| Q2 2025 | 2025-05-31 | 0.97 | — | — |
| Q3 2021 | 2021-08-31 | 0.01 | −0.00 | −5.63% |
| Q2 2021 | 2021-05-31 | 0.01 | −0.00 | −1.49% |
| Q1 2021 | 2021-02-28 | 0.01 | −0.00 | −3.84% |
| Q4 2020 | 2020-11-30 | 0.01 | 0.01 | — |
| Q3 2020 | 2020-08-31 | 0.01 | — | — |
| Q2 2020 | 2020-05-31 | 0.01 | — | — |
| Q1 2020 | 2020-02-29 | 0.01 | — | — |
| Q4 2019 | 2019-11-30 | 0.00 | — | — |
| Q3 2016 | 2016-08-31 | 0.27 | 0.03 | +14.41% |
| Q2 2016 | 2016-05-31 | 0.26 | 0.04 | +19.81% |
| Q1 2016 | 2016-02-29 | 0.26 | 0.22 | +510.79% |
| Q4 2015 | 2015-11-30 | 0.24 | 0.21 | +553.39% |
| Q3 2015 | 2015-08-31 | 0.23 | 0.20 | +583.31% |
| Q2 2015 | 2015-05-31 | 0.22 | 0.18 | +566.73% |
| Q1 2015 | 2015-02-28 | 0.04 | 0.01 | +33.85% |
| Q4 2014 | 2014-11-30 | 0.04 | 0.01 | +28.00% |
| Q3 2014 | 2014-08-31 | 0.03 | — | — |
| Q2 2014 | 2014-05-31 | 0.03 | — | — |
| Q1 2014 | 2014-02-28 | 0.03 | — | — |
| Q4 2013 | 2013-11-30 | 0.03 | −0.27 | −90.19% |
| Q4 2012 | 2012-11-30 | 0.30 | — | — |
Novagold Resources debt-to-equity ratio trends
Over the last five fiscal years, Novagold Resources's debt-to-equity ratio decreased from 0.01 to 0.00, a change of −0.00. The latest reported quarter, Q2 2026, shows 0.41.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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