Novagold Resources's Total Assets for the quarter that ended in May. 2026 was MXN10,388.09 Mil.
During the past 12 months, Novagold Resources's average Total Assets Growth Rate was 2029.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 90.60% per year.
During the past 5 years, the average Total Assets Growth Rate was -2.00% per year.
During the past 10 years, the average Total Assets Growth Rate was -23.70% per year.
During the past 13 years, Novagold Resources's highest 3-Year average Total Assets Growth Rate was 123.30%. The lowest was -57.40%. And the median was -0.40%.
Note:
The Net Income data used here is four times the quarterly (May. 2026) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Novagold Resources's Asset Turnover for the quarter that ended in May. 2026 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Novagold Resources Total Assets Related Terms
Novagold Resources Total Assets Historical Data
* Premium members only.
The historical data trend for Novagold Resources's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Novagold Resources's Total Assets for the fiscal year that ended in Nov. 2025 is calculated as
* 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.
What does a Total Assets of MXN10,388.09 Mil mean?
Novagold Resources (MEX:NGN) has a Total Assets of MXN10,388.09 Mil as of May. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Novagold Resources and its competitors.
Is Novagold Resources' Total Assets too high?
Novagold Resources' current Total Assets is MXN10,388.09 Mil. Overall, Novagold Resources has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Novagold Resources' Total Assets compare to NEM and AU?
Novagold Resources' Total Assets of MXN10,388.09 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Novagold Resources and its competitors. Novagold Resources's current Total Assets is MXN10,388.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novagold Resources stock overvalued right now?
Novagold Resources (MEX:NGN) has a current Total Assets of MXN10,388.09 Mil. The current Total Assets is MXN10,388.09 Mil. Novagold Resources' overall GF Score™ is 33/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Novagold Resources (MEX:NGN), the current Total Assets is MXN10,388.09 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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 precious metals.
33GF Score
Get the complete analysis for MEX:NGN
Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:NGN has been successfully added to your 
