NovaGold Resources
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has NovaGold Resources's balance sheet done over the years? Its assets were worth $133,290,000 last year, which is less than in the previous period. 106% of NovaGold Resources’s total assets is currently financed by debt. Its liabilities reached the amount of $141,513,000, which means an increase by 9% compared compared to last year.
Debt to Assets
| 2014 | 524546000 | 119.43M | 22.77% |
|---|---|---|---|
| 2015 | 433584000 | 104.28M | 24.05% |
| 2016 | 408261000 | 107.99M | 26.45% |
| 2017 | 398869000 | 114.84M | 28.79% |
| 2018 | 260929000 | 100.24M | 38.42% |
| 2019 | 245835000 | 107.88M | 43.88% |
| 2020 | 224441000 | 113.71M | 50.67% |
| 2021 | 198852000 | 120.57M | 60.63% |
| 2022 | 159189000 | 129.28M | 81.22% |
| 2023 | 133290000 | 141.51M | 106.17% |
NG Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 45.74M | 63.88M | 91.12M | 60.90M | 67.54M | 21.00M | 27.95M | 30.27M | 41.73M | 70.32M |
Short term investments | 80M | 62M | 78M | 61M | 81M | 146M | 56M | 75M | 85M | 95M |
Net receivables | 344.74K | 25.35M | 302K | 73.18M | 1.1M | 1.78M | 303K | 1.51M | 2.72M | 0 |
Inventory | 0 | 0 | -81 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 1.12M | 1.29M | 25.08K | 1.29M | 690K | 598K | 580K | 554K | 581K | 4.46M |
Total current assets | 127.21M | 152.53M | 169.45M | 196.38M | 150.33M | 169.38M | 84.83M | 107.33M | 130.04M | 169.06M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 898K | 958K | 423K | 634K | 42K | 39K | 45.22M | 43.41M | 43.69M | 50.89M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 5.17M | 5.69M | 5.40M | 4.01M | 2.77M | 2.04M | 254.00M | 243.47M | 244.53M | 285.76M |
Other non-current assets | 0 | 0 | 23.57M | 23.40M | 92.67M | 89.45M | 1.36M | 1.11M | 1.11M | 7.37M |
Total non-current assets | 6.07M | 6.65M | 29.40M | 28.05M | 95.49M | 91.54M | 314.03M | 300.92M | 303.54M | 355.48M |
Total assets | 133.29M | 159.18M | 198.85M | 224.44M | 245.83M | 260.92M | 398.86M | 408.26M | 433.58M | 524.54M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 2.22M | 0 | 0 | 0 | 0 | 0 | -3.48K |
Short term debt | 192K | 142K | 224K | 207K | 0 | 0 | 0 | 0 | 0 | 15.11M |
Total current liabilities | 3.90M | 4.59M | 4.38M | 3.50M | 3.34M | 3.66M | 3.42M | 3.05M | 3.51M | 19.22M |
| Non-current liabilities: | ||||||||||
Long term debt | 137.35M | 124.48M | 115.90M | 110.20M | 103.78M | 96.50M | 90.04M | 84.81M | 80.26M | 76.15M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 250K | 200K | 280K | 0 | 104.53M | 96.58M | -208K | 84.81M | 0 | 0 |
Total non-current liabilities | 137.60M | 124.68M | 116.18M | 110.20M | 104.53M | 96.58M | 111.41M | 104.94M | 100.77M | 100.20M |
Total liabilities | 141.51M | 129.28M | 120.57M | 113.71M | 107.88M | 100.24M | 114.84M | 107.99M | 104.28M | 119.43M |
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