Niocorp Developments (NB) Debt Ratio (2017 - 2024)

Niocorp Developments (NB) posted Debt Ratio of 0.38 for Q2 2024, up 293.83% sequentially from 0.1 in Q1 2024, and up 0.63% YoY from 0.38 in Q3 2023.

Niocorp Developments (NB) Debt Ratio (2017 - 2024) Analysis & Trends

Niocorp Developments has reported Debt Ratio for 8 years, with the latest figure at 0.38 in Q2 2024.

Quarterly Debt Ratio rose 0.63% year-over-year to 0.38 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 0.38 (up 0.63% YoY) and the FY2024 annual result came in at 0.38, up 0.63% from the prior year.
Debt Ratio improved to 0.38 in Q2 2024 per NB's latest filing, from 0.1 in the prior quarter.
Over five years, Debt Ratio peaked at 0.74 in Q2 2020 and troughed at 0.02 in Q4 2022.
A 5-year average of 0.21 and a median of 0.14 in 2022 frame the typical range for Debt Ratio.
The sharpest annual moves came in 2021 and 2023: Debt Ratio tumbled 93.78% in 2021, then surged 1110.86% in 2023.
Over 5 years, Debt Ratio stood at 0.2 in 2020, then decreased by 4.19% to 0.19 in 2021, then slumped by 86.98% to 0.02 in 2022, then jumped by 1110.86% to 0.3 in 2023, then climbed by 26.44% to 0.38 in 2024.
According to Business Quant data, Debt Ratio over the past three periods registered 0.38, 0.1, and 0.3 for Q2 2024, Q1 2024, and Q4 2023 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Bhp	246.38 Bn	216.93 Bn	-	0.00
2	Rio Tinto	201.39 Bn	191.89 Bn	-	-
3	Teck Resources	33.91 Bn	28.71 Bn	1.21 Bn	0.20
4	MP Materials	10.71 Bn	8.24 Bn	36.20 Mn	0.25
5	Almonty Industries	5.27 Bn	4.38 Bn	18.87 Mn	0.48
6	Materion	4.79 Bn	4.77 Bn	104.34 Mn	0.25
7	USA Rare Earth	4.43 Bn	4.43 Bn	-1.58 Mn	-
8	Skeena Resources	4.31 Bn	3.89 Bn	-	0.50
9	Evolution Metals & Technologies	2.46 Bn	2.46 Bn	-115,000.00	0.07
10	Niocorp Developments	543.22 Mn	236.86 Mn	-	-

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