Niocorp Developments (NB) Debt Ratio (2017 - 2024)
Niocorp Developments' (NB) Debt Ratio stood at 0.38 in fiscal Q4 2024 (quarter ended Jun 30, 2024), down 36.9% from 0.60 a year earlier but up 293.8% from the prior quarter.
Niocorp Developments (NB) Debt Ratio (2017 - 2024) Analysis & Trends
Starting with fiscal Q4 2017, Niocorp Developments' Debt Ratio history includes 25 quarters.
- Across earlier fiscal years, Debt Ratio came in at 0.60 in FY2023 (+534.4%), 0.10 in FY2022 (+65.1%), 0.06 in FY2021 (-55.9%) and 0.13 in FY2020 (+81.4%).
- Quarterly Debt Ratio has ranged from 0.02 in fiscal Q2 2023 to 0.60 in fiscal Q4 2023 over the past five years.
- On a year-over-year basis, Debt Ratio rose in three of the last six quarters, with growth averaging 219.1%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 804.5% in fiscal Q1 2024, against a decline of 87.0% in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.10 (Q3 2024), 0.30 (Q2 2024) and 0.36 (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 0.00 |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 0.33 |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 0.09 |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 0.32 |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 0.16 |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 0.01 |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 0.00 |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 0.19 |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 0.24 |
| 10 | Niocorp Developments | 406.73 Mn | -504.39 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.10 |
| Dec 31, 2023 | 0.30 |
| Sep 30, 2023 | 0.36 |
| Jun 30, 2023 | 0.60 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.04 |
| Jun 30, 2022 | 0.10 |
| Mar 31, 2022 | 0.18 |
| Dec 31, 2021 | 0.19 |
| Sep 8, 2021 | 0.32 |
| Jun 30, 2021 | 0.06 |
| Mar 31, 2021 | 0.48 |
| Dec 31, 2020 | 0.22 |
| Sep 30, 2020 | 0.12 |
| Jun 30, 2020 | 0.13 |
| Mar 31, 2020 | 0.08 |
| Dec 31, 2019 | 0.08 |
| Sep 30, 2019 | 0.10 |
Niocorp Developments Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();