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

Niocorp Developments' (NIOBW) quarterly Debt Ratio came in at 0.38 in Q2 2024, up 0.63% year-on-year from 0.38 in Q3 2023, and up 293.83% quarter-over-quarter from 0.1 in Q1 2024.

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.

  • Debt Ratio for Q2 2024 came in at 0.38, up 0.63% year-over-year; the trailing twelve-month figure through Jun 2024 was 0.38 (up 0.63% YoY), and the FY2024 annual result was 0.38, up 0.63% 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 0.74 in Q2 2020 to a low of 0.0 in Q1 2020.
  • The 5-year median for Debt Ratio is 0.14 (2022), against an average of 0.21.
  • Across the five-year window, Debt Ratio soared 2512.73% in 2020 and tumbled 93.78% in 2021, its largest moves.
  • Niocorp Developments' Debt Ratio stood at 0.2 in 2020, then fell by 4.19% to 0.19 in 2021, then slumped 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.
  • The last three Debt Ratio figures came in at 0.38 (Q2 2024), 0.1 (Q1 2024), and 0.3 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 0.12
2 Bhp 421.29 Bn 411.77 Bn - 0.22
3 Skeena Resources 17.36 Bn 17.34 Bn - -
4 Ioneer 10.78 Bn 10.76 Bn - -
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 0.26
6 Iperionx 8.57 Bn 8.52 Bn - 0.03
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 0.26
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 0.37
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -
10 Niocorp Developments - - - -

Historic Data

Download Data
DateValue
Jun 30, 2024 0.38
Mar 31, 2024 0.10
Dec 31, 2023 0.30
Sep 30, 2023 0.36
Jun 30, 2023 0.38
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 0.05
Jun 30, 2021 0.05
Mar 31, 2021 0.07
Dec 31, 2020 0.20
Sep 30, 2020 0.09
Jun 30, 2020 0.74
Mar 31, 2020 0.00
Dec 31, 2019 0.01
Sep 30, 2019 0.10