NioCorp Net Invested Capital vs Total Stockholder Equity Analysis

NIOBW Stock

0.13 0.02 13.33%

NioCorp Developments financial indicator trend analysis is infinitely more than just investigating NioCorp Developments recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NioCorp Developments is a good investment. Please check the relationship between NioCorp Developments Net Invested Capital and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NioCorp Developments Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Net Invested Capital vs Total Stockholder Equity

Net Invested Capital vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NioCorp Developments Net Invested Capital account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between NioCorp Developments' Net Invested Capital and Total Stockholder Equity is 0.89. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of NioCorp Developments Ltd, assuming nothing else is changed. The correlation between historical values of NioCorp Developments' Net Invested Capital and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of NioCorp Developments Ltd are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Invested Capital i.e., NioCorp Developments' Net Invested Capital and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from NioCorp Developments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NioCorp Developments current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NioCorp Developments Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Tax Provision is likely to climb to about (132.1 K) in 2024. Selling General Administrative is likely to drop to about 3.7 M in 2024

NioCorp Developments fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Long Term Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Net Invested Capital	Long Term Investments	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Other Current Liab	Property Plant And Equipment Net	Accounts Payable	Other Current Assets	Property Plant And Equipment Gross	Non Current Liabilities Other
Total Assets		0.08	0.12	0.72	-0.68	0.92	0.98	0.91	0.71	0.56	0.59	0.52	0.75	0.65	0.97	0.85	0.49	0.96	0.98	-0.66	0.64	0.98	-0.42
Total Current Liabilities	0.08		-0.13	0.15	-0.47	-0.12	0.19	0.31	0.62	-0.17	0.13	-0.1	-0.37	0.57	-0.07	0.49	-0.71	0.26	0.19	-0.08	0.25	0.19	-0.82
Total Stockholder Equity	0.12	-0.13		-0.19	0.47	0.42	-0.02	-0.12	-0.33	-0.68	-0.72	0.89	0.35	-0.48	0.29	-0.22	0.35	-0.05	-0.03	-0.78	-0.61	-0.03	0.23
Net Debt	0.72	0.15	-0.19		-0.69	0.5	0.78	0.8	0.68	0.6	0.65	0.07	0.36	0.77	0.61	0.81	0.24	0.76	0.77	-0.17	0.82	0.77	-0.3
Retained Earnings	-0.68	-0.47	0.47	-0.69		-0.38	-0.79	-0.9	-0.93	-0.64	-0.78	0.14	-0.12	-0.85	-0.5	-0.9	0.2	-0.85	-0.82	0.09	-0.87	-0.82	0.81
Cash	0.92	-0.12	0.42	0.5	-0.38		0.84	0.7	0.41	0.32	0.29	0.78	0.9	0.34	0.99	0.6	0.66	0.8	0.83	-0.85	0.29	0.83	-0.17
Non Current Assets Total	0.98	0.19	-0.02	0.78	-0.79	0.84		0.96	0.82	0.62	0.68	0.38	0.63	0.76	0.91	0.92	0.37	0.99	1.0	-0.55	0.75	1.0	-0.53
Long Term Debt	0.91	0.31	-0.12	0.8	-0.9	0.7	0.96		0.89	0.59	0.68	0.24	0.43	0.79	0.79	0.95	0.16	0.98	0.97	-0.44	0.81	0.97	-0.67
Common Stock Shares Outstanding	0.71	0.62	-0.33	0.68	-0.93	0.41	0.82	0.89		0.54	0.73	-0.03	0.12	0.92	0.53	0.96	-0.14	0.85	0.82	-0.21	0.86	0.82	-0.85
Non Current Liabilities Total	0.56	-0.17	-0.68	0.6	-0.64	0.32	0.62	0.59	0.54		0.95	-0.33	0.37	0.66	0.45	0.59	0.35	0.59	0.61	0.21	0.84	0.61	-0.16
Total Liab	0.59	0.13	-0.72	0.65	-0.78	0.29	0.68	0.68	0.73	0.95		-0.36	0.27	0.84	0.43	0.75	0.13	0.67	0.68	0.18	0.92	0.68	-0.4
Net Invested Capital	0.52	-0.1	0.89	0.07	0.14	0.78	0.38	0.24	-0.03	-0.33	-0.36		0.69	-0.15	0.67	0.14	0.52	0.35	0.37	-0.97	-0.3	0.37	0.05
Long Term Investments	0.75	-0.37	0.35	0.36	-0.12	0.9	0.63	0.43	0.12	0.37	0.27	0.69		0.18	0.87	0.35	0.8	0.56	0.61	-0.69	0.14	0.61	0.17
Short Long Term Debt	0.65	0.57	-0.48	0.77	-0.85	0.34	0.76	0.79	0.92	0.66	0.84	-0.15	0.18		0.47	0.93	-0.09	0.76	0.75	-0.06	0.89	0.75	-0.67
Total Current Assets	0.97	-0.07	0.29	0.61	-0.5	0.99	0.91	0.79	0.53	0.45	0.43	0.67	0.87	0.47		0.7	0.63	0.88	0.9	-0.77	0.45	0.9	-0.25
Capital Stock	0.85	0.49	-0.22	0.81	-0.9	0.6	0.92	0.95	0.96	0.59	0.75	0.14	0.35	0.93	0.7		0.05	0.94	0.92	-0.35	0.86	0.92	-0.72
Net Working Capital	0.49	-0.71	0.35	0.24	0.2	0.66	0.37	0.16	-0.14	0.35	0.13	0.52	0.8	-0.09	0.63	0.05		0.26	0.34	-0.44	0.06	0.34	0.54
Other Current Liab	0.96	0.26	-0.05	0.76	-0.85	0.8	0.99	0.98	0.85	0.59	0.67	0.35	0.56	0.76	0.88	0.94	0.26		1.0	-0.54	0.75	1.0	-0.62
Property Plant And Equipment Net	0.98	0.19	-0.03	0.77	-0.82	0.83	1.0	0.97	0.82	0.61	0.68	0.37	0.61	0.75	0.9	0.92	0.34	1.0		-0.55	0.75	1.0	-0.55
Accounts Payable	-0.66	-0.08	-0.78	-0.17	0.09	-0.85	-0.55	-0.44	-0.21	0.21	0.18	-0.97	-0.69	-0.06	-0.77	-0.35	-0.44	-0.54	-0.55		0.12	-0.55	0.19
Other Current Assets	0.64	0.25	-0.61	0.82	-0.87	0.29	0.75	0.81	0.86	0.84	0.92	-0.3	0.14	0.89	0.45	0.86	0.06	0.75	0.75	0.12		0.75	-0.52
Property Plant And Equipment Gross	0.98	0.19	-0.03	0.77	-0.82	0.83	1.0	0.97	0.82	0.61	0.68	0.37	0.61	0.75	0.9	0.92	0.34	1.0	1.0	-0.55	0.75		-0.55
Non Current Liabilities Other	-0.42	-0.82	0.23	-0.3	0.81	-0.17	-0.53	-0.67	-0.85	-0.16	-0.4	0.05	0.17	-0.67	-0.25	-0.72	0.54	-0.62	-0.55	0.19	-0.52	-0.55

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NioCorp Developments Account Relationship Matchups

NioCorp Developments fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.0M	24.5M	22.8M	20.9M	20.1M	20.2M
Total Current Liabilities	8.0M	3.9M	5.1M	3.6M	12.0M	6.9M
Total Stockholder Equity	2.6M	13.2M	17.7M	(11.0M)	1M	950K
Retained Earnings	(94.7M)	(99.5M)	(110.4M)	(150.5M)	(161.9M)	(170.0M)
Cash	307K	7.3M	5.3M	2.3M	2.0M	3.2M
Non Current Assets Total	10.7M	17.1M	17.1M	17.2M	17.1M	16.5M
Common Stock Shares Outstanding	23.6M	25.6M	27.7M	31.2M	38.1M	31.1M
Non Current Liabilities Total	344K	7.3M	23K	26.2M	5.6M	7.4M
Total Liab	8.4M	11.3M	5.1M	29.8M	17.5M	14.3M
Net Invested Capital	7.9M	23.9M	21.8M	(406K)	8.7M	9.3M
Long Term Investments	7K	16K	10K	9K	4K	6.8K
Short Long Term Debt	4.9M	3.4M	4.2M	7.7M	8.8M	4.9M
Total Current Assets	338K	7.3M	5.7M	3.7M	2.9M	3.7M
Capital Stock	97.7M	113.9M	129.1M	140.4M	163.8M	133.4M
Net Working Capital	(7.7M)	3.4M	614K	164K	(9.0M)	(8.6M)

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NioCorp Net Invested Capital vs Total Stockholder Equity Analysis

Net Invested Capital vs Total Stockholder Equity

Net Invested Capital vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Stockholder Equity

NioCorp Developments fundamental ratios Correlations

NioCorp Developments Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NioCorp Developments fundamental ratios Accounts

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Additional Tools for NioCorp Stock Analysis

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Property Plant And Equipment Net	+ 1.0	Non Current Assets Total
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Property Plant And Equipment Net	+ 1.0	Other Current Liab
Property Plant And Equipment Gross	+ 1.0	Other Current Liab
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Cash

Accounts Payable	- 0.97	Net Invested Capital
Common Stock Shares Outstanding	- 0.93	Retained Earnings
Capital Stock	- 0.9	Retained Earnings
Long Term Debt	- 0.9	Retained Earnings
Other Current Assets	- 0.87	Retained Earnings
Non Current Liabilities Other	- 0.85	Common Stock Shares Outstanding