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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Novagold Resources Inc quarterly/annual Return On Assets history and growth rate from 2014 to 2023.
- Novagold Resources Inc Return On Assets for the quarter ending August 31, 2024 was -36.4 %, a 10.7% decline year-over-year.
- Novagold Resources Inc annual Return On Assets for 2023 was -33.1 %, a 7.43% decline from 2022.
- Novagold Resources Inc annual Return On Assets for 2022 was -30.8 %, a 58.5% decline from 2021.
- Novagold Resources Inc annual Return On Assets for 2021 was -19.4 %, a 34.4% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)