Niocorp Developments Ltd Stock Net Income
| NB Stock | 2.28 0.10 4.20% |
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.
| Last Reported | Projected for Next Year | ||
| Net Loss | -36.3 M | -34.5 M | |
| Net Loss | -36.1 M | -34.3 M | |
| Net Loss | -34.5 M | -32.7 M |
NioCorp | Net Income |
NioCorp Developments Ltd Company Net Income Analysis
NioCorp Developments' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current NioCorp Developments Net Income | (40.08 M) |
Most of NioCorp Developments' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NioCorp Developments Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NioCorp Net Income 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 Net Income. 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.
Click cells to compare fundamentals
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
NioCorp Net Interest Income
Net Interest Income |
|
Based on the recorded statements, NioCorp Developments Ltd reported net income of (40.08 Million). This is 233.04% higher than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all United States stocks is 107.02% higher than that of the company.
NioCorp Net Income 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 Net Income 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 regarded third in net income category among related companies.
NioCorp Fundamentals
| Return On Equity | -7.72 | ||||
| Return On Asset | -1.23 | ||||
| Current Valuation | 86.54 M | ||||
| Shares Outstanding | 36.25 M | ||||
| Shares Owned By Insiders | 7.21 % | ||||
| Shares Owned By Institutions | 4.95 % | ||||
| Number Of Shares Shorted | 822.01 K | ||||
| Price To Book | 11.06 X | ||||
| EBITDA | (39.48 M) | ||||
| Net Income | (40.08 M) | ||||
| Total Debt | 2.8 M | ||||
| Book Value Per Share | (0.18) X | ||||
| Cash Flow From Operations | (17.3 M) | ||||
| Short Ratio | 8.81 X | ||||
| Earnings Per Share | (1.29) X | ||||
| Target Price | 12.0 | ||||
| Beta | 0.13 | ||||
| Market Capitalization | 83.87 M | ||||
| Total Asset | 20.93 M | ||||
| Retained Earnings | (150.48 M) | ||||
| Working Capital | 164 K | ||||
| Net Asset | 20.93 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out NioCorp Developments Piotroski F Score and NioCorp Developments Altman Z Score analysis. 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for NioCorp Stock analysis
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.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
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 (1.29) | Return On Assets (1.23) | 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.