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NovaGold Resources NG Equity Method Income

Equity Method Income at other companies

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Other financials

Income statement

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Revenue-
Operating income-$11.8M-24.9%
Net income-$25.5M-7.7%
EPS (diluted)-$0.03

Balance sheet

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Cash & equivalents$78.2M-73.4%
Total debt$173.6M+9.4%
Total equity$421.0M+155%
Total assets$598.7M+81.8%

Cash flow

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Operating cash flow-$6.4M-293%
CapEx--100%
Free cash flow-$4.0M-181%

Valuation

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Market cap$3.35B+42.5%
Enterprise value$3.45B+55.5%

Returns & leverage

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Return on equity-30.1%
Debt / equity0.4×-0.5×
Current ratio112.8×+36.1×

Where this comes from

Reported directly by NovaGold Resources in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The source filing: NovaGold Resources’s 10-Q, filed June 24, 2026.

Filed
Jun 24, 2026, 8:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001171843-26-004279
Line itemThree months ended May 31, 2026Three months ended May 31, 2025Six months ended May 31, 2026Six months ended May 31, 2025
Operating expenses:
General & administrative (Note 11)$8,919$5,819$17,618$10,621
Equity loss – Donlin Gold (Note 5)16,8686,46323,0848,762
25,78712,28240,70219,383
Loss from operations(25,787)(12,282)(40,702)(19,383)
Other (expense) income:
Warrant expense (Note 9)(39,607)(39,607)
Interest expense – promissory note (Note 7)(3,745)(3,707)(7,353)(7,273)

Item 1. Financial Statements[](#)

FAQ

What is NovaGold Resources's equity method income?
NovaGold Resources (NG) reported equity method income of -$16.87M in Q1 2026.
How has NovaGold Resources's equity method income changed year-over-year?
NovaGold Resources's equity method income decreased by 207.9% year-over-year, from -$5.48M to -$16.87M.
What is the long-term trend for NovaGold Resources's equity method income?
Over 4 years (2021 to 2025), NovaGold Resources's equity method income has grown at a 7.1% compound annual growth rate (CAGR), from -$16.63M to -$21.91M.
What does equity method income mean?
The company's proportional share of net income or loss from unconsolidated affiliates and joint ventures accounted for under the equity method.

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