Novo Resources Corp. (TSX:NVO)

Novo Resources Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	8.3	7.62	10.69	11.61	47.93	32.35
Short-Term Investments	0.15	0.12	0.12	0.15	0.15	0.11
Cash & Short-Term Investments	8.45	7.74	10.81	11.76	48.08	32.45
Cash Growth	251.00%	-28.36%	-8.14%	-75.53%	48.14%	-20.24%
Other Receivables	0.2	0.41	0.2	11.28	2.59	6.13
Receivables	0.2	0.41	0.2	11.28	2.59	6.13
Inventory	-	-	-	-	4.64	9.65
Prepaid Expenses	0.56	0.51	0.45	0.82	1.12	1.16
Total Current Assets	9.2	8.66	11.46	23.86	56.43	49.39
Property, Plant & Equipment	34.28	31.79	41.8	48.1	178.93	257.01
Long-Term Investments	37.76	20.8	31.92	34.4	20.7	156.21
Other Long-Term Assets	0.11	0.1	0.1	0.1	0.1	0.08
Total Assets	81.35	61.35	85.27	106.45	256.16	462.68

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	0.72	0.21	0.29	0.56	1.74	3.25
Accrued Expenses	-	0.41	0.67	2.25	4.51	13.65
Current Portion of Long-Term Debt	-	-	-	-	-	6.34
Current Portion of Leases	0.17	0.14	0.12	1.17	4.31	12.45
Current Income Taxes Payable	0.3	0.97	0.43	-	6.05	-
Current Unearned Revenue	-	-	-	1.93	-	-
Other Current Liabilities	9.89	10.88	2.86	3.07	6.11	9.77
Total Current Liabilities	11.07	12.6	4.36	8.98	22.73	45.46
Long-Term Debt	-	-	-	-	-	37.38
Long-Term Leases	0.05	0.17	0.31	0.45	2.28	18.53
Long-Term Deferred Tax Liabilities	4.63	2.37	3.82	3.68	1.24	10.33
Other Long-Term Liabilities	-	-	7.29	8.43	41.94	36.72
Total Liabilities	15.74	15.14	15.78	21.53	68.19	148.42

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	420.83	415.56	415.56	414.9	396.82	388.78
Retained Earnings	-441.66	-436.78	-414.39	-391.17	-263.35	-157.94
Comprehensive Income & Other	86.44	67.43	68.33	61.19	54.5	83.42
Shareholders' Equity	65.6	46.21	69.5	84.92	187.97	314.26
Total Liabilities & Equity	81.35	61.35	85.27	106.45	256.16	462.68

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.21	0.31	0.43	1.62	6.6	74.71
Net Cash (Debt)	45.99	28.23	42.29	44.54	62.18	113.96
Net Cash Growth	30.53%	-33.25%	-5.05%	-28.37%	-45.43%	-
Net Cash Per Share	0.12	0.08	0.12	0.15	0.25	0.48
Filing Date Shares Outstanding	436.86	354.63	354.63	353.06	263.1	245.94
Total Common Shares Outstanding	436.86	354.63	354.63	350.95	263.09	245.94
Working Capital	-1.87	-3.94	7.1	14.89	33.7	3.93
Book Value Per Share	0.15	0.13	0.20	0.24	0.71	1.28
Tangible Book Value	65.6	46.21	69.5	84.92	187.97	314.26
Tangible Book Value Per Share	0.15	0.13	0.20	0.24	0.71	1.28
Buildings	-	-	-	-	5.16	4.77
Machinery	-	-	-	-	88.06	81.45
Construction In Progress	-	-	-	-	-	3.42
Leasehold Improvements	-	-	-	-	0.17	0.18

Data Source: S&P Global Market Intelligence Last updated: Nov 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 7, 2026

Data Sources Report a data error