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NovaGold Resources NG Retained Earnings

Retained Earnings at other companies

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-$275.53M-0.6%

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$3.03B+29.4%
Enterprise value$3.12B+41.7%

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:RetainedEarningsAccumulatedDeficit.

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 itemAs of May 31, 2026As of November 30, 2025
177,727172,119
EQUITY (DEFICIT)
Common shares2,548,4932,251,741
Contributed surplus138,089136,690
Accumulated deficit(2,240,519)(2,199,591)
Accumulated other comprehensive loss(25,046)(25,046)
421,017163,794
$598,744$335,913

Item 1. Financial Statements[](#)

FAQ

What is NovaGold Resources's retained earnings?
NovaGold Resources (NG) reported retained earnings of -$2.24B in Q1 2026.
How has NovaGold Resources's retained earnings changed year-over-year?
NovaGold Resources's retained earnings decreased by 3.3% year-over-year, from -$2.17B to -$2.24B.
What is the long-term trend for NovaGold Resources's retained earnings?
Over 5 years (2020 to 2025), NovaGold Resources's retained earnings has grown at a 2.8% compound annual growth rate (CAGR), from -$1.92B to -$2.2B.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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