GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novagold Resources Inc (STU:NGR) » Definitions » Tax Rate %

Novagold Resources (STU:NGR) Tax Rate % : 1.19% (As of Nov. 2024)


View and export this data going back to . Start your Free Trial

What is Novagold Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Novagold Resources's Tax Expense for the three months ended in Nov. 2024 was €-0.12 Mil. Novagold Resources's Pre-Tax Income for the three months ended in Nov. 2024 was €-10.35 Mil. Therefore, Novagold Resources's Tax Rate % for the quarter that ended in Nov. 2024 was 1.19%.

Novagold Resources Tax Rate % Historical Data

The historical data trend for Novagold Resources's Tax Rate % 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 Tax Rate % Chart

Novagold Resources Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 -0.34 0.06 -0.08 -1.61

Novagold Resources Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Tax Rate % 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 0.34 -0.98 -4.57 -1.47 1.19

Novagold Resources Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Novagold Resources's Tax Rate % for the fiscal year that ended in Nov. 2024 is calculated as

Tax Rate %=Tax Expense (A: Nov. 2024 )/Pre-Tax Income (A: Nov. 2024 )
=0.682/-42.293
=-1.61 %

Novagold Resources's Tax Rate % for the quarter that ended in Nov. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Nov. 2024 )/Pre-Tax Income (Q: Nov. 2024 )
=-0.123/-10.354
=1.19 %

* 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.

Novagold Resources Tax Rate % Related Terms

Thank you for viewing the detailed overview of Novagold Resources's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Novagold Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novagold Resources Inc (STU:NGR) » Definitions » Tax Rate %
Comparable Companies
TSXV:SGD TSX:AAUC TSXV:MAU TSX:ARIS TSX:CNL TSXV:SXGC TSX:RUP TSX:CG TSX:ORA TSX:GTWO SHSE:601899 NEM TSX:AEM TSX:WPM TSX:ABX MIC:PLZL TSX:FNV JSE:GFI AU TSX:K
Traded in Other Exchanges
NG:USA NGR:Germany NG:Canada NG:Argentina
Address
201 South Main Street, Suite 400, Salt Lake City, UT, USA, 84111
Website
https://www.novagold.com
Novagold Resources Inc operates in the gold mining industry, focused on advancing the Donlin Gold project in Alaska. The Donlin Gold project is held by Donlin Gold LLC (Donlin Gold), a limited liability company owned equally by wholly owned subsidiaries of NOVAGOLD and Barrick Gold Corporation (Barrick). The company includes exploration and development activities of gold and other presious metals.

Novagold Resources Headlines

No Headlines