Niocorp Developments (NIOBW) Debt Ratio (2017 - 2024)
Niocorp Developments' (NIOBW) quarterly Debt Ratio came in at 0.38 in Q2 2024, down 36.88% year-over-year from 0.6 in Q3 2023, and up 293.83% quarter-over-quarter from 0.1 in Q1 2024.
Analysis
Niocorp Developments (NIOBW) Debt Ratio (2017 - 2024) Analysis & Trends
Niocorp Developments has disclosed Debt Ratio across 8 years of filings, most recently posting 0.38 for Q2 2024.
- In Q2 2024, Debt Ratio fell 36.88% year-over-year to 0.38; the TTM figure through Jun 2024 stood at 0.38 (down 36.88% YoY), while the FY2024 annual figure was 0.38, down 36.88% from the prior year.
- Debt Ratio came in at 0.38 for Q2 2024 at Niocorp Developments, up from 0.1 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.6 in Q2 2023 to a low of 0.02 in Q4 2022.
- Average Debt Ratio over 5 years is 0.23, with a median of 0.19 recorded in 2021.
- Year-over-year, Debt Ratio tumbled 86.98% in 2022 and jumped 1110.86% in 2023.
- Over 5 years, Debt Ratio stood at 0.22 in 2020, then dropped by 12.57% to 0.19 in 2021, then plunged by 86.98% to 0.02 in 2022, then surged by 1110.86% to 0.3 in 2023, then gained by 26.44% to 0.38 in 2024.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.38 in Q2 2024, 0.1 in Q1 2024, and 0.3 in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | USA Rare Earth | 4.31 Bn | 4.31 Bn | -1.58 Mn | - |
| 2 | Evolution Metals & Technologies | 1.88 Bn | 1.88 Bn | -115,000.00 | 0.09 |
| 3 | Niocorp Developments | 143.72 Mn | -163.29 Mn | - | - |
| 4 | DyTb | 71.56 Mn | 71.56 Mn | - | 0.02 |
| 5 | Critical Metals | 8.39 Mn | -7.05 Bn | - | 0.00 |
| 6 | Mag Magna | 3.35 Mn | 3.32 Mn | - | - |
Historic Data
Download Data
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 | 0.09 |
| Sep 30, 2019 | 0.10 |