NioCorp Historical Financial Ratios
| NB Stock | 1.31 0.01 0.77% |
NioCorp Developments is lately reporting on over 81 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 0.0, Book Value Per Share of 0.0701 or Invested Capital of 0.0 will help investors to properly organize and evaluate NioCorp Developments financial condition quickly.
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About NioCorp Financial Ratios Analysis
NioCorp DevelopmentsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate NioCorp Developments investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on NioCorp financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across NioCorp Developments history.
NioCorp Developments Financial Ratios Chart
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Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Most ratios from NioCorp Developments' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into NioCorp Developments current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 NioCorp Developments Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, NioCorp Developments' Payables Turnover is projected to increase slightly based on the last few years of reporting. The current year's Cash Per Share is expected to grow to 0.09, whereas PTB Ratio is forecasted to decline to 35.29.
NioCorp Developments fundamentals Correlations
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NioCorp Developments Account Relationship Matchups
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NioCorp Developments fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Ptb Ratio | 67.25 | 13.86 | 11.3 | (13.17) | 56.28 | 35.29 | |
| Book Value Per Share | 0.11 | 0.55 | 0.67 | (0.31) | 0.0738 | 0.0701 | |
| Free Cash Flow Yield | (0.0172) | (0.0602) | (0.0309) | (0.12) | (0.21) | (0.2) | |
| Pb Ratio | 67.25 | 13.86 | 11.3 | (13.17) | 56.28 | 35.29 | |
| Free Cash Flow Per Share | (0.13) | (0.46) | (0.23) | (0.6) | (0.34) | (0.36) | |
| Roic | (0.43) | (0.16) | (0.45) | 91.42 | (1.55) | (1.48) | |
| Net Income Per Share | (0.41) | (0.33) | (0.17) | (0.2) | (1.4) | (0.35) | |
| Cash Per Share | 0.0131 | 0.3 | 0.2 | 0.0816 | 0.0586 | 0.088 | |
| Pocfratio | (58.25) | (38.76) | (32.46) | (8.35) | (4.8) | (5.04) | |
| Interest Coverage | (9.69) | (2.52) | (2.76) | (16.01) | (3.06) | (3.22) | |
| Pfcf Ratio | (58.25) | (16.6) | (32.38) | (8.35) | (4.8) | (5.04) | |
| Income Quality | 0.76 | 0.98 | 0.56 | 0.43 | 0.99 | 0.83 | |
| Ev To Operating Cash Flow | (59.87) | (39.51) | (32.3) | (8.84) | (5.3) | (5.56) | |
| Pe Ratio | (44.39) | (37.97) | (18.34) | (3.6) | (4.92) | (5.17) | |
| Return On Tangible Assets | (0.36) | (0.2) | (0.48) | (1.91) | (0.57) | (0.6) | |
| Ev To Free Cash Flow | (59.87) | (16.93) | (32.22) | (8.84) | (5.3) | (5.56) | |
| Earnings Yield | (0.0225) | (0.0263) | (0.0545) | (0.28) | (0.2) | (0.21) | |
| Net Debt To E B I T D A | (1.36) | (1.08) | 0.12 | (0.22) | (0.78) | (0.81) | |
| Current Ratio | 0.0422 | 1.87 | 1.12 | 1.05 | 0.24 | 0.23 | |
| Tangible Book Value Per Share | 0.11 | 0.55 | 0.67 | (0.31) | 0.0738 | 0.0701 | |
| Graham Number | 0.66 | 1.57 | 2.49 | 3.46 | 0.47 | 0.44 | |
| Shareholders Equity Per Share | 0.11 | 0.55 | 0.67 | (0.38) | 0.0291 | 0.0277 | |
| Graham Net Net | (0.34) | (0.16) | 0.007166 | (0.96) | (0.45) | (0.47) | |
| Interest Debt Per Share | 0.16 | 0.24 | 0.5 | 0.27 | 0.45 | 0.36 | |
| Debt To Assets | 0.3 | 0.48 | 0.44 | 0.18 | 0.5 | 0.39 | |
| Enterprise Value Over E B I T D A | (50.06) | (56.9) | (24.65) | (3.99) | (8.23) | (8.65) | |
| Short Term Coverage Ratios | (0.62) | (1.37) | (1.48) | (1.51) | (1.36) | (1.43) | |
| Price Earnings Ratio | (44.39) | (37.97) | (18.34) | (3.6) | (4.92) | (5.17) | |
| Price Book Value Ratio | 67.25 | 13.86 | 11.3 | (13.17) | 56.28 | 35.29 | |
| Price Earnings To Growth Ratio | 0.92 | (2.15) | (0.17) | (0.0149) | 0.0632 | 0.0664 | |
| Price To Operating Cash Flows Ratio | (58.25) | (38.76) | (32.46) | (8.35) | (4.8) | (5.04) | |
| Price To Free Cash Flows Ratio | (58.25) | (16.6) | (32.38) | (8.35) | (4.8) | (5.04) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NioCorp Developments Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Diversified 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 NioCorp Developments. If investors know NioCorp 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 NioCorp Developments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Return On Assets (0.42) | Return On Equity (7.72) |
The market value of NioCorp Developments is measured differently than its book value, which is the value of NioCorp that is recorded on the company's balance sheet. Investors also form their own opinion of NioCorp Developments' value that differs from its market value or its book value, called intrinsic value, which is NioCorp Developments' 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 NioCorp Developments' market value can be influenced by many factors that don't directly affect NioCorp Developments' 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 NioCorp Developments' value and its price as these two are different measures arrived at by different means. Investors typically determine if NioCorp Developments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NioCorp Developments' 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.