Novagold Resources (FRA:NGR) Total Current Assets: €321.89 Mil (As of May. 2026)


FRA:NGR Novagold Resources Inc FRA:NGR
33 GF Score
Price €5.20
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What is Novagold Resources Total Current Assets?

Novagold Resources FRA:NGR -4.94% 33 Total Current Assets is €321.89 Mil as of May. 2026. GuruFocus rates FRA:NGR with a GF Score™ of 33/100. The stock has 1 warning sign investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Novagold Resources's total current assets for the quarter that ended in May. 2026 was €321.89 Mil.

Novagold Resources  (FRA:NGR) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Novagold Resources's Liquidation Value for the quarter that ended in May. 2026 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=317.943-152.134+0.75 * 0.049+0.5 * 0
=165.85

* 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 Total Current Assets Related Terms

Novagold Resources Total Current Assets Historical Data

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The historical data trend for Novagold Resources's Total Current 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.

Novagold Resources Total Current Assets Chart

Novagold Resources Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.44 149.64 117.55 96.79 101.63

Novagold Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Total Current Assets 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 285.08 108.38 101.63 335.13 321.89
FRA:NGR
33GF Score
Novagold Resources Inc FRA:NGR
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Novagold Resources Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Novagold Resources's Total Current Assets for the fiscal year that ended in Nov. 2025 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=99.599+1.131+0+0.896
=101.63

Novagold Resources's Total Current Assets for the quarter that ended in May. 2026 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=317.943+3.398+0+0.548
=321.89

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of €321.89 Mil mean?
Novagold Resources (FRA:NGR) has a Total Current Assets of €321.89 Mil as of May. 2026. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Novagold Resources and its competitors.
Is Novagold Resources' Total Current Assets too high?
Novagold Resources' current Total Current Assets is €321.89 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 Current Assets compare to NEM and AU?
Novagold Resources' Total Current Assets of €321.89 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 Current Assets for a Metals & Mining company?
A good Total Current Assets depends on the Metals & Mining industry context. However, Total Current 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 Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Novagold Resources and its competitors. Novagold Resources's current Total Current Assets is €321.89 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 (FRA:NGR) has a current Total Current Assets of €321.89 Mil. The current Total Current Assets is €321.89 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 Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Novagold Resources (FRA:NGR), the current Total Current Assets is €321.89 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 Business Description

Address 201 South Main Street, Suite 400, Salt Lake City, UT, USA, 84111
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

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Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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