NioCorp Developments Ltd.

NasdaqGM NB

NioCorp Developments Ltd. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: -3.33

NioCorp Developments Ltd. Interest Coverage Ratio is -3.33 for the Trailing 12 Months (TTM) ending September 30, 2024, a 58.51% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • NioCorp Developments Ltd. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was -8.03, a -144.90% change year over year.
  • NioCorp Developments Ltd. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was -3.28, a -7.73% change year over year.
  • NioCorp Developments Ltd. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was -3.04, a 64.45% change year over year.
  • NioCorp Developments Ltd. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was -8.56, a 67.99% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
NasdaqGM: NB

NioCorp Developments Ltd.

CEO Mr. Mark Allan Smith Esq., P.E.
IPO Date March 21, 2023
Location United States
Headquarters 7000 South Yosemite Street
Employees 7
Sector Materials
Industries
Mining
Description

NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska. The company was formerly known as Quantum Rare Earth Developments Corp. and changed its name to NioCorp Developments Ltd. in March 2013. NioCorp Developments Ltd. was incorporated in 1987 and is headquartered in Centennial, Colorado.

StockViz Staff

January 15, 2025

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