Novagold Resources Inc. (NG) Financial Statements (2024 and earlier)

Company Profile

Business Address 201 SOUTH MAIN
SALT LAKE CITY, UT 84111
State of Incorp. ON
Fiscal Year End November 30
Industry (SIC) 104 - Gold And Silver Ores (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

2/29/2024
MRQ
11/30/2023
11/30/2022
11/30/2021
11/30/2020
11/30/2019
11/30/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments47,851,00065,727,00092,954,00062,308,00068,484,00021,004,000
Cash and cash equivalents45,749,00063,882,00091,124,00060,906,00067,549,00021,004,000
Short-term investments2,102,0001,845,0001,830,0001,402,000935,000 
Receivables99,00024,421,000 72,611,000  
Other current assets1,470,0002,235,000327,0001,869,0001,790,0002,379,000
Other undisclosed current assets77,799,00060,155,00076,170,00059,598,00080,065,000146,000,000
Total current assets:127,219,000152,538,000169,451,000196,386,000150,339,000169,383,000
Noncurrent Assets
Long-term investments and receivables3,071,0003,848,00027,148,00026,019,00094,519,00090,668,000
Long-term investments3,071,0003,848,0003,576,0002,614,0001,840,0001,209,000
Accounts and financing receivable, after allowance for credit loss   23,572,00023,405,00092,679,00089,459,000
Other noncurrent assets3,000,0002,803,0002,253,0002,036,000977,000878,000
Total noncurrent assets:6,071,0006,651,00029,401,00028,055,00095,496,00091,546,000
TOTAL ASSETS:133,290,000159,189,000198,852,000224,441,000245,835,000260,929,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:703,000769,000682,000900,000880,000710,000
Taxes payable 5,000138,000223,000
Employee-related liabilities2,637,0002,215,0002,143,0002,545,000
Accrued liabilities2,799,0002,532,000    
Other undisclosed accounts payable and accrued liabilities(2,096,000)(1,763,000)(1,955,000)(1,320,000)(1,401,000)(2,058,000)
Other liabilities404,0001,298,0001,064,000182,000182,000182,000
Other undisclosed current liabilities2,799,0002,532,0002,637,0002,427,0002,281,0002,768,000
Total current liabilities:3,906,0004,599,0004,383,0003,509,0003,343,0003,660,000
Noncurrent Liabilities
Long-term debt and lease obligation136,748,000123,685,000115,723,000110,205,000103,787,00096,501,000
Long-term debt, excluding current maturities136,748,000123,685,000115,723,000109,801,000103,787,00096,501,000
Liabilities, other than long-term debt859,0001,002,000464,000  80,000
Deferred tax liabilities, net80,000
Other liabilities859,0001,002,000464,000   
Operating lease, liability    404,000 
Other undisclosed noncurrent liabilities    (404,000)751,000 
Total noncurrent liabilities:137,607,000124,687,000116,187,000110,205,000104,538,00096,581,000
Total liabilities:141,513,000129,286,000120,570,000113,714,000107,881,000100,241,000
Equity
Equity, attributable to parent(8,223,000)29,903,00078,282,000110,727,000137,954,000160,688,000
Common stock1,986,938,0001,983,962,0001,978,520,0001,972,029,0001,965,573,0001,954,861,000
Additional paid in capital88,621,00082,866,00082,216,00081,203,00082,254,00087,987,000
Accumulated other comprehensive loss(24,471,000)(24,417,000)(23,289,000)(23,876,000)(24,808,000)(24,478,000)
Accumulated deficit(2,059,311,000)(2,012,508,000)(1,959,165,000)(1,918,629,000)(1,885,065,000)(1,857,682,000)
Total equity:(8,223,000)29,903,00078,282,000110,727,000137,954,000160,688,000
TOTAL LIABILITIES AND EQUITY:133,290,000159,189,000198,852,000224,441,000245,835,000260,929,000

Income Statement (P&L) (USD)

2/29/2024
TTM
11/30/2023
11/30/2022
11/30/2021
11/30/2020
11/30/2019
11/30/2018
Operating expenses(40,312,000)(48,272,000)(36,835,000)(33,237,000)(26,812,000)(27,291,000)
Other undisclosed operating loss      
Operating loss:(40,312,000)(48,272,000)(36,835,000)(33,237,000)(26,812,000)(27,291,000)
Nonoperating income (expense)6,530,0002,009,000(198,000)1,569,0004,395,000(3,649,000)
Investment income, nonoperating5,791,0001,591,000458,0001,744,0004,190,0001,998,000
Other nonoperating income782,000 200,000 92,000 
Interest and debt expense(13,063,000)(7,962,000)(5,922,000)(6,014,000)(7,286,000)(6,461,000)
Loss from continuing operations before equity method investments, income taxes:(46,845,000)(54,225,000)(42,955,000)(37,682,000)(29,703,000)(37,401,000)
Other undisclosed income (loss) from continuing operations before income taxes81,000849,0002,556,0003,337,0003,220,0006,461,000
Loss from continuing operations before income taxes:(46,764,000)(53,376,000)(40,399,000)(34,345,000)(26,483,000)(30,940,000)
Income tax expense (benefit)(39,000)33,000(137,000)781,000(1,278,000)(526,000)
Loss from continuing operations:(46,803,000)(53,343,000)(40,536,000)(33,564,000)(27,761,000)(31,466,000)
Loss before gain (loss) on sale of properties:(40,536,000)(33,564,000)(27,761,000)(31,466,000)
Net loss:(46,803,000)(53,343,000)(40,536,000)(33,564,000)(27,761,000)(31,466,000)
Other undisclosed net loss attributable to parent      (81,299,000)
Net loss available to common stockholders, diluted:(46,803,000)(53,343,000)(40,536,000)(33,564,000)(27,761,000)(112,765,000)

Comprehensive Income (USD)

2/29/2024
TTM
11/30/2023
11/30/2022
11/30/2021
11/30/2020
11/30/2019
11/30/2018
Net loss:(46,803,000)(53,343,000)(40,536,000)(33,564,000)(27,761,000)(31,466,000)
Other comprehensive loss      (18,303,000)
Comprehensive loss:(46,803,000)(53,343,000)(40,536,000)(33,564,000)(27,761,000)(49,769,000)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(54,000)(1,128,000)587,000932,00048,000(81,299,000)
Comprehensive loss, net of tax, attributable to parent:(46,857,000)(54,471,000)(39,949,000)(32,632,000)(27,713,000)(131,068,000)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: