NioCorp Total Operating Expenses vs Selling General Administrative Analysis

NIOBW Stock   0.18  0.01  5.26%   
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 Total Operating Expenses and its Selling General Administrative 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.

Total Operating Expenses vs Selling General Administrative

Total Operating Expenses vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NioCorp Developments Total Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NioCorp Developments' Total Operating Expenses and Selling General Administrative is 0.56. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative 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' Total Operating Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of NioCorp Developments Ltd are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Operating Expenses i.e., NioCorp Developments' Total Operating Expenses and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Selling General Administrative

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.
Selling General Administrative is likely to climb to about 8.5 M in 2025, despite the fact that Tax Provision is likely to grow to (118.8 K).

NioCorp Developments fundamental ratios Correlations

0.330.050.75-0.740.880.980.930.730.550.650.450.580.730.950.850.350.970.98-0.630.70.98-0.54
0.33-0.20.32-0.58-0.020.470.450.82-0.050.36-0.12-0.420.70.070.72-0.690.40.47-0.090.480.47-0.89
0.05-0.2-0.230.50.4-0.09-0.16-0.34-0.68-0.720.890.37-0.490.26-0.270.37-0.09-0.1-0.76-0.6-0.10.28
0.750.32-0.23-0.750.50.790.830.670.60.690.040.260.810.620.790.150.790.79-0.180.830.79-0.41
-0.74-0.580.5-0.75-0.38-0.84-0.9-0.88-0.66-0.850.17-0.02-0.9-0.53-0.90.22-0.86-0.850.09-0.92-0.850.81
0.88-0.020.40.5-0.380.760.690.350.330.30.760.850.340.980.510.630.790.76-0.850.30.76-0.19
0.980.47-0.090.79-0.840.760.970.850.580.740.290.410.830.860.940.190.981.0-0.50.811.0-0.67
0.930.45-0.160.83-0.90.690.970.830.590.730.20.320.810.80.920.090.990.98-0.420.840.98-0.7
0.730.82-0.340.67-0.880.350.850.830.450.74-0.08-0.090.920.480.97-0.290.80.85-0.180.850.85-0.91
0.55-0.05-0.680.6-0.660.330.580.590.450.92-0.330.340.640.460.520.320.590.580.20.790.58-0.19
0.650.36-0.720.69-0.850.30.740.730.740.92-0.360.150.870.460.770.020.710.730.150.930.73-0.53
0.45-0.120.890.040.170.760.290.2-0.08-0.33-0.360.68-0.180.650.050.530.30.28-0.96-0.30.280.09
0.58-0.420.370.26-0.020.850.410.32-0.090.340.150.680.050.790.110.830.450.41-0.660.010.410.28
0.730.7-0.490.81-0.90.340.830.810.920.640.87-0.180.050.50.95-0.190.790.83-0.070.920.83-0.75
0.950.070.260.62-0.530.980.860.80.480.460.460.650.790.50.640.570.880.86-0.770.470.86-0.3
0.850.72-0.270.79-0.90.510.940.920.970.520.770.050.110.950.64-0.130.90.93-0.30.880.93-0.83
0.35-0.690.370.150.220.630.190.09-0.290.320.020.530.83-0.190.57-0.130.180.17-0.42-0.070.170.57
0.970.4-0.090.79-0.860.790.980.990.80.590.710.30.450.790.880.90.180.99-0.520.780.99-0.65
0.980.47-0.10.79-0.850.761.00.980.850.580.730.280.410.830.860.930.170.99-0.50.81.0-0.68
-0.63-0.09-0.76-0.180.09-0.85-0.5-0.42-0.180.20.15-0.96-0.66-0.07-0.77-0.3-0.42-0.52-0.50.08-0.50.18
0.70.48-0.60.83-0.920.30.810.840.850.790.93-0.30.010.920.470.88-0.070.780.80.080.8-0.65
0.980.47-0.10.79-0.850.761.00.980.850.580.730.280.410.830.860.930.170.991.0-0.50.8-0.68
-0.54-0.890.28-0.410.81-0.19-0.67-0.7-0.91-0.19-0.530.090.28-0.75-0.3-0.830.57-0.65-0.680.18-0.65-0.68
Click cells to compare fundamentals

NioCorp Developments Account Relationship Matchups

NioCorp Developments fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets24.5M22.8M20.9M20.1M23.1M20.2M
Total Current Liabilities3.9M5.1M3.6M12.0M13.8M6.9M
Total Stockholder Equity13.2M17.7M(11.0M)1M900K855K
Net Debt5.0M3.4M8.2M5.6M6.5M5.5M
Retained Earnings(99.5M)(110.4M)(150.5M)(161.9M)(145.7M)(153.0M)
Cash7.3M5.3M2.3M2.0M2.3M3.2M
Non Current Assets Total17.1M17.1M17.2M17.1M19.7M16.5M
Common Stock Shares Outstanding25.6M27.7M31.2M38.1M43.8M31.1M
Non Current Liabilities Total7.3M23K26.2M5.6M6.4M7.4M
Total Liab11.3M5.1M29.8M17.5M20.2M14.3M
Net Invested Capital23.9M21.8M(406K)8.7M7.8M9.3M
Long Term Investments16K10K9K4K3.6K6.8K
Short Long Term Debt4.9M3.4M4.2M7.7M8.8M4.9M
Total Current Assets7.3M5.7M3.7M2.9M3.4M3.7M
Capital Stock113.9M129.1M140.4M163.8M188.4M133.4M
Net Working Capital3.4M614K164K(9.0M)(8.1M)(7.7M)
Property Plant And Equipment Net17.1M17.0M17.2M17.1M19.7M17.4M
Accounts Payable320K769K3.3M1.8M2.0M1.9M
Capital Lease Obligations174K105K235K200K230K157.1K
Other Current Assets24K402K1.4M916K1.1M606.8K
Property Plant And Equipment Gross17.1M17.0M17.2M17.1M19.7M17.4M

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