NOVAGOLD Financial Statements From 2010 to 2024
| NGR Stock | EUR 2.93 0.01 0.34% |
Check NOVAGOLD RESOURCES financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NOVAGOLD main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . NOVAGOLD financial statements analysis is a perfect complement when working with NOVAGOLD RESOURCES Valuation or Volatility modules.
NOVAGOLD |
NOVAGOLD RESOURCES Company Current Valuation Analysis
NOVAGOLD RESOURCES's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current NOVAGOLD RESOURCES Current Valuation | 1.88 B |
Most of NOVAGOLD RESOURCES's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NOVAGOLD RESOURCES is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, NOVAGOLD RESOURCES has a Current Valuation of 1.88 B. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The current valuation for all Germany stocks is notably lower than that of the firm.
NOVAGOLD RESOURCES Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NOVAGOLD RESOURCES's current stock value. Our valuation model uses many indicators to compare NOVAGOLD RESOURCES value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NOVAGOLD RESOURCES competition to find correlations between indicators driving NOVAGOLD RESOURCES's intrinsic value. More Info.NOVAGOLD RESOURCES is rated top company in current valuation category among related companies. It is considered to be number one stock in price to book category among related companies . The ratio of Current Valuation to Price To Book for NOVAGOLD RESOURCES is about 38,230,385 . Comparative valuation analysis is a catch-all model that can be used if you cannot value NOVAGOLD RESOURCES by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NOVAGOLD RESOURCES's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NOVAGOLD RESOURCES's earnings, one of the primary drivers of an investment's value.About NOVAGOLD RESOURCES Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include NOVAGOLD RESOURCES income statement, its balance sheet, and the statement of cash flows. NOVAGOLD RESOURCES investors use historical funamental indicators, such as NOVAGOLD RESOURCES's revenue or net income, to determine how well the company is positioned to perform in the future. Although NOVAGOLD RESOURCES investors may use each financial statement separately, they are all related. The changes in NOVAGOLD RESOURCES's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NOVAGOLD RESOURCES's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NOVAGOLD RESOURCES Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NOVAGOLD RESOURCES. Please read more on our technical analysis and fundamental analysis pages.
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Try AI Portfolio ArchitectCheck out the analysis of NOVAGOLD RESOURCES Correlation against competitors. For information on how to trade NOVAGOLD Stock refer to our How to Trade NOVAGOLD Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for NOVAGOLD Stock analysis
When running NOVAGOLD RESOURCES's price analysis, check to measure NOVAGOLD RESOURCES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOVAGOLD RESOURCES is operating at the current time. Most of NOVAGOLD RESOURCES's value examination focuses on studying past and present price action to predict the probability of NOVAGOLD RESOURCES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOVAGOLD RESOURCES's price. Additionally, you may evaluate how the addition of NOVAGOLD RESOURCES to your portfolios can decrease your overall portfolio volatility.
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