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Novagold Resources (FRA:NGR) Gross-Profit-to-Asset % : -0.02% (As of Feb. 2024)


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What is Novagold Resources Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Novagold Resources's annualized Gross Profit for the quarter that ended in Feb. 2024 was €-0.02 Mil. Novagold Resources's average Total Assets over the quarter that ended in Feb. 2024 was €120.39 Mil. Therefore, Novagold Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was -0.02%.


Novagold Resources Gross-Profit-to-Asset % Historical Data

The historical data trend for Novagold Resources's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Novagold Resources Gross-Profit-to-Asset % Chart

Novagold Resources Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 - - - -0.01

Novagold Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.01 -0.01 -0.02 -0.02

Competitive Comparison of Novagold Resources's Gross-Profit-to-Asset %

For the Gold subindustry, Novagold Resources's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Novagold Resources's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Novagold Resources's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Novagold Resources's Gross-Profit-to-Asset % falls into.



Novagold Resources Gross-Profit-to-Asset % Calculation

Novagold Resources's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Nov. 2023 )/( (Total Assets (A: Nov. 2022 )+Total Assets (A: Nov. 2023 ))/ count )
=-0.009/( (156.164+123.16)/ 2 )
=-0.009/139.662
=-0.01 %

Novagold Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-0.024/( (123.16+117.621)/ 2 )
=-0.024/120.3905
=-0.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Feb. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Novagold Resources Gross-Profit-to-Asset % Related Terms

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Novagold Resources (FRA:NGR) Business Description

Traded in Other Exchanges
Address
201 South Main Street, Suite 400, Salt Lake City, UT, USA, 84111
Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.

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