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Novagold Resources Inc  (AMEX:NG) Total Liabilities: \$113.01 Mil (As of Aug. 2017)

Novagold Resources Inc's total liabilities for the quarter that ended in Aug. 2017 was \$113.01 Mil.

Novagold Resources Inc's quarterly total liabilities increased from Feb. 2017 (\$107.89 Mil) to May. 2017 (\$109.39 Mil) and increased from May. 2017 (\$109.39 Mil) to Aug. 2017 (\$113.01 Mil).

Novagold Resources Inc's annual total liabilities declined from Nov. 2014 (\$119.43 Mil) to Nov. 2015 (\$104.29 Mil) but then increased from Nov. 2015 (\$104.29 Mil) to Nov. 2016 (\$108.00 Mil).

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Novagold Resources Inc Annual Data

 Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Total Liabilities 208.43 113.04 119.43 104.29 108.00

Novagold Resources Inc Quarterly Data

 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Total Liabilities 107.23 108.00 107.89 109.39 113.01

Calculation

Total liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Novagold Resources Inc's Total Liabilities for the fiscal year that ended in Nov. 2016 is calculated as

 Total Liabilities = Total Current Liabilities + Total Long Term Liabilities = Total Current Liabilities + (Long-Term Debt & Capital Lease Obligation + Other Long Term Assets = 3.051 + (84.812 + 3.5527136788E-15 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 20.135 + 0 + 0) = 108.00

 Total Liabilities = Total Assets (A: Nov. 2016 ) - Total Equity (A: Nov. 2016 ) = 408.261 - 300.263 = 108.00

Novagold Resources Inc's Total Liabilities for the quarter that ended in Aug. 2017 is calculated as

 Total Liabilities = Total Current Liabilities + (Total Long Term Liabilities) = Total Current Liabilities + (Long-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation = 2.745 + (88.693 + -3.5527136788E-15 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 21.57 + 0 + 0) = 113.01

 Total Liabilities = Total Assets (Q: Aug. 2017 ) - Total Equity (Q: Aug. 2017 ) = 413.318 - 300.31 = 113.01

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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