NioCorp Developments Ltd. (NB) Key Metrics
NB valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $455.8M
- Enterprise value
- $124.2M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- —
- Price / book
- 1.2
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 0.15
NB key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsNB returns How much profit the business earns on the capital it uses.
NB financial health Debt, liquidity and how easily interest is covered.
NB efficiency & capital use Working capital cycle and where the cash goes.
NB valuation history
NB returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NB price vs earnings per share
NB key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | — | $105.0M | $59.4M | — | — | — | — | — | — | — |
| Enterprise value | — | $79.6M | $65.2M | — | — | — | — | — | — | — |
| Price / book | — | 3.7 | 59.4 | — | — | — | — | — | — | — |
| Earnings yield | — | −15.5% | −19.3% | — | — | — | — | — | — | — |
| Free cash flow yield | — | −10.2% | −19.8% | — | — | — | — | — | — | — |
| Share price at fiscal year-end | $4.82 | $2.33 | $1.73 | $5.03 | $0.69 | $1.36 | $0.60 | $0.43 | $0.46 | $0.58 |
| Per share | ||||||||||
| Revenue per share | — | $0.00 | $0.00 | — | — | — | — | — | — | — |
| Earnings per share | — | −$0.36 | −$0.33 | — | — | — | — | — | — | — |
| Operating cash flow per share | — | −$0.24 | −$0.34 | — | — | — | — | — | — | — |
| Free cash flow per share | — | −$0.24 | −$0.34 | — | — | — | — | — | — | — |
| Cash per share | — | $0.57 | $0.06 | — | — | — | — | — | — | — |
| Book value per share | — | $0.63 | $0.03 | — | — | — | — | — | — | — |
| Tangible book value per share | — | $0.63 | $0.03 | — | — | — | — | — | — | — |
| Capex per share | — | $0.00 | $0.00 | — | — | — | — | — | — | — |
| Debt per share | — | $0.00 | $0.23 | — | — | — | — | — | — | — |
| Shares outstanding | — | 45.1M | 34.3M | — | — | — | — | — | — | — |
| Change in shares outstanding | — | +31.3% | — | — | — | — | — | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −21.1% | −111.2% | — | — | −70.5% | −60.9% | −106.8% | −182.4% | −279.3% | −322.1% |
| Return on invested capital (ROIC) | −314.8% | −193.8% | −501.3% | — | −36.9% | −26.6% | −35.3% | −59.0% | −55.0% | −127.0% |
| Return on assets (ROA) | −19.0% | −51.0% | −55.8% | −183.5% | −46.1% | −27.2% | −36.2% | −65.8% | −75.3% | −110.0% |
| Return on tangible assets | −10.6% | −37.2% | −57.0% | −191.5% | −47.8% | −19.7% | −36.4% | −66.2% | −75.7% | −128.9% |
| Financial health | ||||||||||
| Total debt | $94,000 | $131,000 | $7.9M | $10.8M | $4.3M | $10.8M | $5.3M | $3.3M | $6.3M | $5.2M |
| Cash & short-term investments | $415.0M | $25.6M | $2.0M | $2.3M | $5.3M | $7.3M | $307,000 | $357,000 | $73,000 | $238,000 |
| Net debt | −$414.9M | −$25.4M | $5.8M | $8.5M | −$1.0M | $3.5M | $5.0M | $2.9M | $6.3M | $5.0M |
| Debt / equity | 0.00 | 0.00 | 7.86 | — | 0.24 | 0.82 | 1.99 | 0.68 | 1.99 | 1.81 |
| Debt / assets | 0.00 | 0.00 | 0.39 | 0.52 | 0.19 | 0.44 | 0.48 | 0.30 | 0.56 | 0.46 |
| Current ratio | 25.36 | 14.12 | 0.24 | 1.05 | 1.12 | 1.87 | 0.04 | 0.08 | 0.14 | 0.10 |
| Quick ratio | 25.36 | 14.12 | 0.24 | 1.05 | 1.12 | 1.87 | 0.04 | 0.08 | 0.14 | 0.10 |
| Interest coverage | — | -249.1 | -3.1 | -16.0 | -2.8 | -2.7 | -9.7 | -24.2 | -16.1 | -47.5 |
| Working capital | $402.3M | $24.8M | −$9.0M | $164,000 | $614,000 | $3.4M | −$7.7M | −$4.8M | −$3.4M | −$5.8M |
| Invested capital | $16.3M | $2.9M | $6.8M | −$2.5M | $16.7M | $16.7M | $7.6M | $7.8M | $9.5M | $7.9M |
| Tangible asset value | $421.9M | $29.2M | $2.5M | −$8.9M | $17.7M | $13.2M | $2.6M | $4.9M | $3.2M | $2.9M |
| Net current asset value | $381.7M | $12.1M | −$14.6M | −$26.1M | $591,000 | −$3.9M | −$8.0M | −$5.8M | −$7.5M | −$7.8M |
| Graham net-net per share | — | $0.24 | −$0.45 | — | — | — | — | — | — | — |
| Capital allocation | ||||||||||
| Capex / depreciation | 59.21 | 1.67 | 0.00 | 0.00 | 5.33 | 2,101.67 | 279.00 | — | 0.00 | 0.00 |
| Efficiency | ||||||||||
| Days payables outstanding | 2,694.8 | 213,768.3 | 222.7 | 248,382.5 | 66,247.5 | — | — | — | — | — |
| Payables turnover | 0.14 | 0.00 | 1.64 | 0.00 | 0.01 | — | — | — | — | — |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average payables | $2.7M | $1.8M | $2.5M | $2.0M | $544,500 | $1.4M | $2.5M | $2.6M | — | — |
| Intangibles / total assets | 1.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from NB's annual financial statements (latest annual report filed September 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
NB valuation and financial ratios
NioCorp Developments earned a return on equity of −21.1% and a return on invested capital of −314.8% in fiscal 2026. It ended the year with $0.1 million of debt and $415.0 million in cash and short-term investments, a net cash position of $414.9 million.
See the NB income statement, the NB chart for price history, or the NB stock overview for the latest quote and news.
NB key metrics FAQ
What is NioCorp Developments's return on equity?
NioCorp Developments's return on equity (ROE) was −21.1% in fiscal 2026: net income of -$48.6 million on average shareholders' equity of $229.8 million.
What is NioCorp Developments's ROIC?
NioCorp Developments's return on invested capital was −314.8% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does NioCorp Developments have?
NioCorp Developments had total debt of $0.1 million at the end of fiscal 2026, a debt-to-equity ratio of 0.00 and more cash than debt.
What is NioCorp Developments's current ratio?
NioCorp Developments's current ratio was 25.36 at the end of fiscal 2026: current assets were 25.36 times current liabilities.