NioCorp Historical Income Statement
| NB Stock | 1.65 0.03 1.79% |
Historical analysis of NioCorp Developments income statement accounts such as Total Operating Expenses of 45.2 M, Reconciled Depreciation of 3.6 K or Other Operating Expenses of 45.2 M can show how well NioCorp Developments Ltd performed in making a profits. Evaluating NioCorp Developments income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NioCorp Developments's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining NioCorp Developments latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NioCorp Developments is a good buy for the upcoming year.
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About NioCorp Income Statement Analysis
NioCorp Developments Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NioCorp Developments shareholders. The income statement also shows NioCorp investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
NioCorp Developments Income Statement Chart
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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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NioCorp Developments. It is also known as NioCorp Developments overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on NioCorp Developments income statement and represents the costs associated with goods and services NioCorp Developments provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from NioCorp Developments' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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. At present, NioCorp Developments' Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 45.2 M, whereas Net Interest Income is projected to grow to (2 M).
NioCorp Developments income statement Correlations
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NioCorp Developments Account Relationship Matchups
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NioCorp Developments income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Interest Income | (354K) | (1.1M) | (1.9M) | (2.3M) | (2.1M) | (2.0M) | |
| Interest Expense | 354K | 1.5M | 2.8M | 2.3M | 2.7M | 1.6M | |
| Selling General Administrative | 1.7M | 2.0M | 2.8M | 4.9M | 5.6M | 2.9M | |
| Operating Income | (3.4M) | (3.9M) | (7.8M) | (37.4M) | (33.7M) | (32.0M) | |
| Net Income From Continuing Ops | (4.0M) | (4.4M) | (9.9M) | (40.3M) | (36.3M) | (34.5M) | |
| Ebitda | (3.4M) | (3.9M) | (7.8M) | (37.4M) | (33.7M) | (32.0M) | |
| Total Operating Expenses | 3.4M | 4.1M | 7.8M | 37.4M | 43.0M | 45.2M | |
| Income Before Tax | (4.0M) | (4.8M) | (10.9M) | (40.6M) | (36.6M) | (34.7M) | |
| Total Other Income Expense Net | (215K) | 811K | (264K) | (866K) | (779.4K) | (740.4K) | |
| Net Income | (4.0M) | (4.8M) | (10.9M) | (40.1M) | (36.1M) | (34.3M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in NioCorp Stock
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 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. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Diversified Metals & Mining space 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.