NovaGold Resources (NG) - Net assets

Net assets on the balance sheet as of August 2024 : -C$54.33 Million

According to NovaGold Resources 's latest financial reports the company has -C$54.33 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NovaGold Resources - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-11-30	$-C$11.18 Million	-127.51%
2022-11-30	$C$40.61 M	-59.27%
2021-11-30	$C$99.71 M	-30.63%
2020-11-30	$C$0.14 B	-21.53%
2019-11-30	$C$0.18 B	-14.12%
2018-11-30	$C$0.21 B	-41.61%
2017-11-30	$C$0.36 B	-9.42%
2016-11-30	$C$0.40 B	-8.38%
2015-11-30	$C$0.44 B	-4.84%
2014-11-30	$C$0.46 B	-6.28%
2013-11-30	$C$0.49 B	4.24%
2012-11-30	$C$0.47 B	115.17%
2011-11-30	$C$0.22 B	-162.3%
2010-11-30	$-C$0.36 Billion	-157.56%
2009-11-30	$C$0.61 B	13.07%
2008-11-30	$C$0.54 B	-36.91%
2007-11-30	$C$0.86 B	94.82%
2006-11-30	$C$0.44 B	96.34%
2005-11-30	$C$0.22 B	31.08%
2004-11-30	$C$0.17 B	83.12%
2003-11-30	$C$93.68 M	108.52%
2002-11-30	$C$44.92 M	295.58%
2001-11-30	$C$11.35 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Seabridge Gold SA	C$0.91 B	-1,789.37%	🇨🇦 Canada
Endeavour Silver EXK	C$0.59 B	-1,192.44%	🇨🇦 Canada
Hecla Mining HL	C$2.92 B	-5,490.99%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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