NovaGold Resources (NG) - Net assets

Net assets on the balance sheet as of August 2024 : -NZ$64.6 Million

According to NovaGold Resources 's latest financial reports the company has -NZ$64.6 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	$-NZ$13.36 Million	-127.68%
2022-11-30	$NZ$48.25 M	-57.89%
2021-11-30	$NZ$0.11 B	-27.19%
2020-11-30	$NZ$0.15 B	-26.7%
2019-11-30	$NZ$0.21 B	-8.25%
2018-11-30	$NZ$0.23 B	-43.27%
2017-11-30	$NZ$0.41 B	-1.97%
2016-11-30	$NZ$0.42 B	-16.58%
2015-11-30	$NZ$0.50 B	-2.32%
2014-11-30	$NZ$0.51 B	-9.56%
2013-11-30	$NZ$0.57 B	-1.45%
2012-11-30	$NZ$0.57 B	107.52%
2011-11-30	$NZ$0.27 B	-159.99%
2010-11-30	$-NZ$0.47 Billion	-157.42%
2009-11-30	$NZ$0.81 B	2.03%
2008-11-30	$NZ$0.79 B	-29.28%
2007-11-30	$NZ$1.12 B	98.68%
2006-11-30	$NZ$0.56 B	106.7%
2005-11-30	$NZ$0.27 B	35.28%
2004-11-30	$NZ$0.20 B	80.57%
2003-11-30	$NZ$0.11 B	94.4%
2002-11-30	$NZ$57.61 M	230.58%
2001-11-30	$NZ$17.42 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Seabridge Gold SA	NZ$1.05 B	-1,738.91%	🇨🇦 Canada
Endeavour Silver EXK	NZ$0.70 B	-1,192.44%	🇨🇦 Canada
Hecla Mining HL	NZ$3.38 B	-5,337.03%	🇺🇸 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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