NioCorp Developments Ltd. (NB) Balance Sheet
NB balance sheet, FY2026
June 30, 2026 · U.S. dollars$466.9M assets = $37.1M liabilities + $429.8M equity
Both columns are drawn to the same scale: what NB owns equals what it owes plus shareholders’ equity. Hover a block for its value.
NB financial health
Descriptive bands, not a rating. Fiscal FY2026.
NB balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $11.4MFY2017 | $466.9MFY2026 | +51.1%/yr | |
| Total liabilities | $8.5MFY2017 | $37.1MFY2026 | +17.9%/yr | |
| Shareholders’ equity | $2.9MFY2017 | $431.2MFY2026 | +74.4%/yr | |
| Cash & short-term investments | $238,000FY2017 | $415.0MFY2026 | +129.2%/yr | |
| Total debt | $5.2MFY2017 | $94,000FY2026 | −36.0%/yr | |
| Net cash (debt) | −$5.0MFY2017 | $414.9MFY2026 | +$419.9M | |
| Working capital | −$5.8MFY2017 | $402.3MFY2026 | +$408.2M | |
| Book value per share | $0.03FY2024 | $0.63FY2025 | +2,056.6%/yr | |
| Debt / equity | 1.81FY2017 | 0.00FY2026 | −1.81 | |
| Shares outstanding | 34.3MFY2024 | 45.1MFY2025 | +31.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NB assets
NB liabilities and equity
NB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
NB balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $415.0M | $25.6M | $2.0M | $2.3M | $5.3M | $7.3M | $307,000 | $357,000 | $73,000 | $238,000 |
| Cash & equivalents | $415.0M | $25.6M | $2.0M | $2.3M | $5.3M | $7.3M | $307,000 | $357,000 | $73,000 | $238,000 |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $3.8M | $1.2M | $916,000 | $1.4M | $402,000 | $24,000 | $31,000 | $71,000 | $492,000 | $417,000 |
| Total current assets | $418.8M | $26.7M | $2.9M | $3.7M | $5.7M | $7.3M | $338,000 | $428,000 | $565,000 | $655,000 |
| Property, plant & equipment (net) | $11.7M | $17.0M | $17.1M | $17.2M | $17.0M | $17.1M | $10.6M | $10.6M | $10.6M | $10.6M |
| Goodwill & intangible assets | $7.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $3,000 | $4,000 | $9,000 | $10,000 | $16,000 | $7,000 | $5,000 | $0 | $0 |
| Other non-current assets | $28.5M | $37,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $47,000 | $74,000 |
| Total assets | $466.9M | $43.8M | $20.1M | $20.9M | $22.8M | $24.5M | $11.0M | $11.1M | $11.2M | $11.4M |
| Liabilities | ||||||||||
| Accounts payable | $3.6M | $1.7M | $1.8M | $3.3M | $769,000 | $320,000 | $2.5M | $2.6M | — | — |
| Short-term debt | $94,000 | $98,000 | $7.8M | $71,000 | $4.3M | $3.5M | $4.9M | $2.3M | $2.2M | $3.3M |
| Deferred revenue | — | — | $76,000 | — | — | — | $605,000 | — | — | — |
| Total current liabilities | $16.5M | $1.9M | $12.0M | $3.6M | $5.1M | $3.9M | $8.0M | $5.2M | $3.9M | $6.5M |
| Long-term debt | $0 | $0 | $0 | $10.6M | $0 | $6.8M | $344,000 | $1.0M | $0 | $0 |
| Lease obligations | — | $131,000 | $200,000 | $235,000 | $105,000 | $174,000 | $0 | — | — | — |
| Other long-term liabilities | $20.6M | $12.8M | $5.6M | $15.7M | $23,000 | $555,000 | $0 | $0 | $4.1M | $2.0M |
| Total liabilities | $37.1M | $14.7M | $17.5M | $29.8M | $5.1M | $11.3M | $8.4M | $6.2M | $8.0M | $8.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $660.0M | $208.6M | $163.8M | $140.4M | $129.1M | $113.9M | $97.7M | $82.9M | $74.7M | $68.0M |
| Retained earnings (deficit) | −$227.9M | −$179.3M | −$161.9M | −$150.5M | −$110.4M | −$99.5M | −$94.7M | −$90.7M | −$83.3M | −$74.9M |
| Accumulated other comprehensive income | −$937,000 | −$911,000 | −$911,000 | −$911,000 | −$993,000 | −$1.2M | −$355,000 | −$526,000 | −$520,000 | −$606,000 |
| Minority interest | — | $838,000 | $1.5M | $2.1M | $0 | — | — | — | — | — |
| Total shareholders' equity | $431.2M | $28.3M | $1.0M | −$11.0M | $17.7M | $13.2M | $2.6M | $4.9M | $3.2M | $2.9M |
| Key figures | ||||||||||
| Total debt | $94,000 | $131,000 | $7.9M | $10.8M | $4.3M | $10.8M | $5.3M | $3.3M | $6.3M | $5.2M |
| Net cash (debt) | $414.9M | $25.4M | −$5.8M | −$8.5M | $1.0M | −$3.5M | −$5.0M | −$2.9M | −$6.3M | −$5.0M |
| Working capital | $402.3M | $24.8M | −$9.0M | $164,000 | $614,000 | $3.4M | −$7.7M | −$4.8M | −$3.4M | −$5.8M |
| Tangible book value | $423.3M | $28.3M | $1.0M | −$11.0M | $17.7M | $13.2M | $2.6M | $4.9M | $3.2M | $2.9M |
| Book value per share | — | $0.63 | $0.03 | — | — | — | — | — | — | — |
| Shares outstanding | — | 45.1M | 34.3M | — | — | — | — | — | — | — |
| Current ratio | 25.36 | 14.12 | 0.24 | 1.05 | 1.12 | 1.87 | 0.04 | 0.08 | 0.14 | 0.10 |
| Quick ratio | 25.13 | 13.50 | 0.17 | 0.66 | 1.04 | 1.87 | 0.04 | 0.07 | 0.02 | 0.04 |
| Debt / equity | 0.00 | 0.00 | 7.86 | — | 0.24 | 0.82 | 1.99 | 0.68 | 1.99 | 1.81 |
| Equity / assets | 92.4% | 64.6% | 5.0% | −52.4% | 77.6% | 54.0% | 24.0% | 43.8% | 28.4% | 25.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $415.0M | $421.3M | $306.4M | $162.8M | $25.6M | $1.3M | $477,000 | $150,000 | $2.0M | $194,000 | $634,000 | $1.1M |
| Cash & equivalents | $415.0M | $421.3M | $306.4M | $162.8M | $25.6M | $1.3M | $477,000 | $150,000 | $2.0M | $194,000 | $634,000 | $1.1M |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $3.8M | $2.2M | $1.3M | $784,000 | $1.2M | $79,000 | $261,000 | $1.0M | $916,000 | $261,000 | $432,000 | $968,000 |
| Total current assets | $418.8M | $423.5M | $307.6M | $163.5M | $26.7M | $1.4M | $738,000 | $1.2M | $2.9M | $455,000 | $1.1M | $2.1M |
| Property, plant & equipment (net) | $11.7M | $33.8M | $412,000 | $31.0M | $17.0M | $17.1M | $17.1M | $167,000 | $17.1M | $17.1M | $17.1M | $17.1M |
| Goodwill & intangible assets | $7.9M | $8.0M | $8.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $2,000 | $3,000 | $3,000 | $3,000 | $4,000 | $4,000 | $4,000 | $7,000 | $7,000 | $8,000 |
| Other non-current assets | $28.5M | $3.6M | $31.8M | $93,000 | $37,000 | $35,000 | $35,000 | $17.0M | $35,000 | $35,000 | $35,000 | $35,000 |
| Total assets | $466.9M | $469.0M | $348.0M | $194.7M | $43.8M | $18.5M | $17.9M | $18.3M | $20.1M | $17.6M | $18.2M | $19.3M |
| Liabilities | ||||||||||||
| Accounts payable | $3.6M | $3.0M | $2.8M | $3.8M | $1.7M | $976,000 | $2.5M | $2.7M | $1.8M | $5.1M | $3.9M | $3.5M |
| Short-term debt | $94,000 | $162,000 | $162,000 | $98,000 | $98,000 | $98,000 | $1.3M | $5.4M | $7.8M | $1.9M | $5.7M | $7.0M |
| Deferred revenue | — | $6.2M | — | — | — | — | — | −$2.8M | $76,000 | $76,000 | $76,000 | $76,000 |
| Total current liabilities | $16.5M | $13.6M | $9.8M | $4.0M | $1.9M | $1.1M | $3.8M | $8.1M | $12.0M | $9.1M | $11.7M | $12.6M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $379,000 | $413,000 | $112,000 | $131,000 | $150,000 | $167,000 | $184,000 | $200,000 | $215,000 | $230,000 | $221,000 |
| Other long-term liabilities | $20.6M | $20.9M | $30.2M | $39.3M | $12.8M | $8.6M | $5.8M | $6.3M | $5.6M | $9.0M | $10.8M | $11.7M |
| Total liabilities | $37.1M | $34.6M | $40.0M | $43.2M | $14.7M | $9.7M | $9.6M | $14.4M | $17.5M | $18.1M | $22.5M | $24.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $660.0M | $658.2M | $532.2M | $374.4M | $208.6M | $178.2M | $172.2M | $167.3M | $163.8M | $159.9M | $151.8M | $147.7M |
| Retained earnings (deficit) | −$227.9M | −$221.9M | −$222.6M | −$222.0M | −$179.3M | −$169.7M | −$164.4M | −$164.0M | −$161.9M | −$161.0M | −$157.0M | −$153.7M |
| Accumulated other comprehensive income | −$937,000 | −$911,000 | −$911,000 | −$911,000 | −$911,000 | −$911,000 | −$911,000 | −$911,000 | −$911,000 | −$911,000 | −$911,000 | −$911,000 |
| Minority interest | — | −$994,000 | −$650,000 | −$68,000 | $838,000 | $1.2M | — | — | — | — | — | — |
| Total shareholders' equity | $431.2M | $435.4M | $308.7M | $151.5M | $28.3M | $7.5M | $6.9M | $2.4M | $1.0M | −$2.1M | −$6.1M | −$6.9M |
| Key figures | ||||||||||||
| Total debt | $94,000 | $379,000 | $413,000 | $112,000 | $131,000 | $150,000 | $1.3M | $5.5M | $7.9M | $2.0M | $5.8M | $7.1M |
| Net cash (debt) | $414.9M | $420.9M | $305.9M | $162.6M | $25.4M | $1.1M | −$866,000 | −$5.3M | −$5.8M | −$1.8M | −$5.2M | −$6.0M |
| Working capital | $402.3M | $409.9M | $297.9M | $159.6M | $24.8M | $251,000 | −$3.1M | −$6.9M | −$9.0M | −$8.7M | −$10.6M | −$10.5M |
| Tangible book value | $423.3M | $427.4M | $300.5M | $151.5M | $28.3M | $7.5M | $6.9M | $2.4M | $1.0M | −$2.1M | −$6.1M | −$6.9M |
| Book value per share | $2.96 | $3.20 | $2.64 | $1.99 | $0.59 | $0.18 | $0.17 | $0.06 | $0.03 | −$0.06 | −$0.18 | −$0.22 |
| Shares outstanding | 145.8M | 136.2M | 116.8M | 76.1M | 48.1M | 41.2M | 41.2M | 38.4M | 38.1M | 35.2M | 33.3M | 32.0M |
| Current ratio | 25.36 | 31.08 | 31.45 | 41.13 | 14.12 | 1.22 | 0.19 | 0.15 | 0.24 | 0.05 | 0.09 | 0.16 |
| Quick ratio | 25.13 | 30.91 | 31.32 | 40.94 | 13.50 | 1.15 | 0.12 | 0.02 | 0.17 | 0.02 | 0.05 | 0.09 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.19 | 2.30 | 7.86 | — | — | — |
| Equity / assets | 92.4% | 92.8% | 88.7% | 77.8% | 64.6% | 40.8% | 38.6% | 13.0% | 5.0% | −11.9% | −33.3% | −35.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 25, 2026); data from EODHD.
NB financial position
At the end of fiscal 2026 (June 30, 2026), NioCorp Developments had total assets of $466.9 million (up 965.5% from a year earlier), total liabilities of $37.1 million and shareholders' equity of $431.2 million. It held $415.0 million in cash and short-term investments against $0.1 million of debt, a net cash position of $414.9 million. Its current ratio was 25.36.
Related: NB income statement, NB cash flow statement, NB key metrics. See the NB stock overview for the latest quote and news.
NB balance sheet FAQ
What are NioCorp Developments's total assets?
NioCorp Developments reported total assets of $466.9 million at the end of fiscal 2026 (June 30, 2026), compared with $43.8 million a year earlier.
How much debt does NioCorp Developments have?
NioCorp Developments had $0.1 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 0.00.
How much cash does NioCorp Developments have?
NioCorp Developments held $415.0 million in cash and short-term investments at the end of fiscal 2026; with $0.1 million of debt that is net cash of $414.9 million.
What is NioCorp Developments's book value?
NioCorp Developments's shareholders' equity (book value) was $431.2 million at the end of fiscal 2026.
What is NioCorp Developments's current ratio?
NioCorp Developments had current assets of $418.8 million and current liabilities of $16.5 million, a current ratio of 25.36 (it can cover its short-term obligations).
How much goodwill does NioCorp Developments have?
NioCorp Developments carried $7.9 million of goodwill and intangible assets, 1.7% of total assets, at the end of fiscal 2026.