NovaGold Net Income from 2010 to 2024
| NG Stock | USD 2.93 0.12 4.27% |
Net Loss | First Reported 1997-02-28 | Previous Quarter -10.4 M | Current Value -10.2 M | Quarterly Volatility 27 M |
Check NovaGold Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NovaGold main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 K, Interest Expense of 11.7 M or Total Revenue of 0.0, as well as many exotic indicators such as Price To Sales Ratio of 6.6 K, Dividend Yield of 0.0 or Days Sales Outstanding of 12.9 K. NovaGold financial statements analysis is a perfect complement when working with NovaGold Resources Valuation or Volatility modules.
NovaGold | Net Income |
Latest NovaGold Resources' Net Income Growth Pattern
Below is the plot of the Net Income of NovaGold Resources over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in NovaGold Resources financial statement analysis. It represents the amount of money remaining after all of NovaGold Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is NovaGold Resources' Net Loss 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.
| View | Last Reported (46.8 M) | 10 Years Trend |
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Net Income |
| Timeline |
NovaGold Net Income Regression Statistics
| Arithmetic Mean | (36,126,936) | |
| Geometric Mean | 34,525,412 | |
| Coefficient Of Variation | (102.91) | |
| Mean Deviation | 20,922,148 | |
| Median | (40,484,000) | |
| Standard Deviation | 37,176,645 | |
| Sample Variance | 1382.1T | |
| Range | 180.9M | |
| R-Value | (0.41) | |
| Mean Square Error | 1240.1T | |
| R-Squared | 0.17 | |
| Significance | 0.13 | |
| Slope | (3,395,610) | |
| Total Sum of Squares | 19349.4T |
NovaGold Net Income History
Other Fundumenentals of NovaGold Resources
| Net Income From Continuing Ops | ||
| Net Income Applicable To Common Shares | ||
| Net Income Per Share | ||
| Net Income Per E B T |
NovaGold Resources Net Income component correlations
About NovaGold Resources Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include NovaGold Resources income statement, its balance sheet, and the statement of cash flows. NovaGold Resources investors use historical funamental indicators, such as NovaGold Resources's Net Income, to determine how well the company is positioned to perform in the future. Although NovaGold Resources investors may use each financial statement separately, they are all related. The changes in NovaGold Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NovaGold Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NovaGold Resources Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NovaGold Resources. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Loss | -42.1 M | -44.2 M | |
| Net Loss | -42.1 M | -40 M | |
| Net Loss | -48 M | -45.6 M | |
| Net Loss | (0.14) | (0.13) | |
| Net Income Per E B T | 1.15 | 1.72 |
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Complementary Tools for NovaGold Stock analysis
When running NovaGold Resources' price analysis, check to measure NovaGold Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NovaGold Resources is operating at the current time. Most of NovaGold Resources' value examination focuses on studying past and present price action to predict the probability of NovaGold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NovaGold Resources' price. Additionally, you may evaluate how the addition of NovaGold Resources to your portfolios can decrease your overall portfolio volatility.
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Is NovaGold Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NovaGold Resources. If investors know NovaGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NovaGold Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.14) | Return On Assets (0.10) | Return On Equity (17.91) |
The market value of NovaGold Resources is measured differently than its book value, which is the value of NovaGold that is recorded on the company's balance sheet. Investors also form their own opinion of NovaGold Resources' value that differs from its market value or its book value, called intrinsic value, which is NovaGold Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NovaGold Resources' market value can be influenced by many factors that don't directly affect NovaGold Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NovaGold Resources' 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' 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.