NovaGold Historical Cash Flow
| NG Stock | USD 3.10 0.04 1.31% |
Analysis of NovaGold Resources cash flow over time is an excellent tool to project NovaGold Resources future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Cashflows From Financing Activities of 30.1 M or Capital Expenditures of 0.0 as it is a great indicator of NovaGold Resources ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining NovaGold Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NovaGold Resources is a good buy for the upcoming year.
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About NovaGold Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in NovaGold balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which NovaGold's non-liquid assets can be easily converted into cash.
NovaGold Resources Cash Flow Chart
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Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most accounts from NovaGold Resources' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into NovaGold Resources current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NovaGold Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.At this time, NovaGold Resources' Total Cash From Financing Activities is most likely to decrease significantly in the upcoming years. The NovaGold Resources' current Change To Inventory is estimated to increase to about 106.3 K, while Free Cash Flow is projected to decrease to (29.1 M).
NovaGold Resources cash flow statement Correlations
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NovaGold Resources Account Relationship Matchups
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NovaGold Resources cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 30.2M | (27.2M) | (18.1M) | 683K | 614.7K | 584.0K | |
| Free Cash Flow | (9.7M) | (12.4M) | (7.8M) | (24.1M) | (27.7M) | (29.1M) | |
| Change In Working Capital | 1.8M | (2.1M) | (535K) | 368K | 331.2K | 347.8K | |
| Begin Period Cash Flow | 60.9M | 91.1M | 63.9M | 5.9M | 6.8M | 6.5M | |
| Other Cashflows From Financing Activities | (731K) | (2.1M) | (10.3M) | 24.9M | 28.6M | 30.1M | |
| Total Cash From Operating Activities | (9.9M) | (12.4M) | (7.8M) | (24.1M) | (21.7M) | (22.8M) | |
| Net Income | (40.5M) | (53.3M) | (46.8M) | (25.8M) | (23.3M) | (24.4M) | |
| Total Cash From Financing Activities | (731K) | (2.1M) | 35.5M | 24.9M | 22.4M | 44.4M | |
| End Period Cash Flow | 91.1M | 63.9M | 45.7M | 6.6M | 7.6M | 7.2M | |
| Other Non Cash Items | 4.3M | 34.0M | 30.8M | 285K | 327.8K | 311.4K | |
| Depreciation | 938K | 856K | 1.1M | 1.1M | 1.2M | 1.2M | |
| Sale Purchase Of Stock | (1.2K) | (1.7K) | (731.0) | (2.1K) | (2.4K) | (2.3K) | |
| Investments | (34.8M) | (160.4M) | (10.3M) | 9.4M | 8.4M | 8.8M | |
| Total Cashflows From Investing Activities | 53.9M | 4.7M | 40.4M | (12.4M) | (14.2M) | (13.5M) | |
| Change To Operating Activities | 244K | (135K) | 1.8M | (2.2M) | (2.5M) | (2.4M) | |
| Other Cashflows From Investing Activities | 75M | 73K | 42.4M | 802K | 922.3K | 876.2K | |
| Change To Netincome | 24.5M | 27.4M | 28.9M | 44.1M | 50.7M | 53.2M | |
| Change To Liabilities | 84K | (137K) | (240K) | 128K | 115.2K | 109.4K | |
| Stock Based Compensation | 8.2M | 8.2M | 8.7M | 7.2M | 8.3M | 8.2M | |
| Cash And Cash Equivalents Changes | 46.5M | (6.9M) | 29.8M | (26.9M) | (30.9M) | (32.4M) | |
| Cash Flows Other Operating | (2.9M) | (3.9M) | (1.4M) | (3.1M) | (2.8M) | (2.6M) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NovaGold Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NovaGold Resources. If investors know NovaGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NovaGold Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NovaGold Resources is measured differently than its book value, which is the value of NovaGold that is recorded on the company's balance sheet. Investors also form their own opinion of NovaGold Resources' value that differs from its market value or its book value, called intrinsic value, which is NovaGold Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NovaGold Resources' market value can be influenced by many factors that don't directly affect NovaGold Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NovaGold Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NovaGold Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NovaGold Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.