NioCorp Net Tangible Assets from 2010 to 2024

NB Stock   2.55  0.06  2.30%   
NioCorp Developments' Net Tangible Assets are decreasing over the years with stable fluctuation. Overall, Net Tangible Assets are projected to go to about -9.4 M this year. Net Tangible Assets is the total assets of NioCorp Developments Ltd minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
-9.9 M
Current Value
-9.4 M
Quarterly Volatility
7.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NioCorp Developments financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NioCorp main balance sheet or income statement drivers, such as Interest Expense of 2.8 M, Selling General Administrative of 2.9 M or Total Revenue of 0.0, as well as many exotic indicators such as . NioCorp financial statements analysis is a perfect complement when working with NioCorp Developments Valuation or Volatility modules.
  
This module can also supplement various NioCorp Developments Technical models . Check out the analysis of NioCorp Developments Correlation against competitors.

Latest NioCorp Developments' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of NioCorp Developments Ltd over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. NioCorp Developments' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NioCorp Developments' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Pretty Stable
   Net Tangible Assets   
       Timeline  

NioCorp Net Tangible Assets Regression Statistics

Arithmetic Mean1,834,928
Coefficient Of Variation418.00
Mean Deviation4,762,516
Median2,641,000
Standard Deviation7,669,961
Sample Variance58.8T
Range28.6M
R-Value(0.28)
Mean Square Error58.4T
R-Squared0.08
Significance0.31
Slope(478,822)
Total Sum of Squares823.6T

NioCorp Net Tangible Assets History

2024-9.4 M
2023-9.9 M
2022-11 M
202117.7 M
202013.7 M

About NioCorp Developments Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NioCorp Developments income statement, its balance sheet, and the statement of cash flows. NioCorp Developments investors use historical funamental indicators, such as NioCorp Developments's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although NioCorp Developments investors may use each financial statement separately, they are all related. The changes in NioCorp Developments's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NioCorp Developments's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NioCorp Developments Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NioCorp Developments. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets-9.9 M-9.4 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NioCorp Developments in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NioCorp Developments' short interest history, or implied volatility extrapolated from NioCorp Developments options trading.

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When determining whether NioCorp Developments is a strong investment it is important to analyze NioCorp Developments' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NioCorp Developments' future performance. For an informed investment choice regarding NioCorp Stock, refer to the following important reports:
Check out the analysis of NioCorp Developments Correlation against competitors.
Note that the NioCorp Developments information on this page should be used as a complementary analysis to other NioCorp Developments' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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Is NioCorp Developments' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NioCorp Developments. If investors know NioCorp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NioCorp Developments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.37)
Return On Assets
(0.46)
Return On Equity
(7.72)
The market value of NioCorp Developments is measured differently than its book value, which is the value of NioCorp that is recorded on the company's balance sheet. Investors also form their own opinion of NioCorp Developments' value that differs from its market value or its book value, called intrinsic value, which is NioCorp Developments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NioCorp Developments' market value can be influenced by many factors that don't directly affect NioCorp Developments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NioCorp Developments' value and its price as these two are different measures arrived at by different means. Investors typically determine if NioCorp Developments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NioCorp Developments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.