Niocorp Developments Ltd Stock Debt To Equity
| NIOBW Stock | 0.13 0.02 13.33% |
NioCorp Developments Ltd fundamentals help investors to digest information that contributes to NioCorp Developments' financial success or failures. It also enables traders to predict the movement of NioCorp Stock. The fundamental analysis module provides a way to measure NioCorp Developments' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NioCorp Developments stock.
NioCorp | Debt To Equity |
NioCorp Developments Ltd Company Debt To Equity Analysis
NioCorp Developments' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
NioCorp Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for NioCorp Developments is extremely important. It helps to project a fair market value of NioCorp Stock properly, considering its historical fundamentals such as Debt To Equity. Since NioCorp Developments' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NioCorp Developments' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NioCorp Developments' interrelated accounts and indicators.
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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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NioCorp Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, NioCorp Developments Ltd has a Debt To Equity of 0.0%. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The debt to equity for all United States stocks is 100.0% higher than that of the company.
NioCorp Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NioCorp Developments' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NioCorp Developments could also be used in its relative valuation, which is a method of valuing NioCorp Developments by comparing valuation metrics of similar companies.NioCorp Developments is currently under evaluation in debt to equity category among its peers.
NioCorp Fundamentals
| Number Of Shares Shorted | 38.52 K | |||
| EBITDA | (8.02 M) | |||
| Net Income | (11.44 M) | |||
| Total Debt | 7.66 M | |||
| Cash Flow From Operations | (11.73 M) | |||
| Total Asset | 20.07 M | |||
| Retained Earnings | (161.91 M) | |||
| Working Capital | (9.04 M) | |||
| Net Asset | 20.07 M |
About NioCorp Developments Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NioCorp Developments Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NioCorp Developments using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NioCorp Developments Ltd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running NioCorp Developments' price analysis, check to measure NioCorp Developments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NioCorp Developments is operating at the current time. Most of NioCorp Developments' value examination focuses on studying past and present price action to predict the probability of NioCorp Developments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NioCorp Developments' price. Additionally, you may evaluate how the addition of NioCorp Developments to your portfolios can decrease your overall portfolio volatility.