NioCorp Developments

NioCorp Developments ROA

Delisted·Jun 12, 2026

The Return on Assets (ROA) of NioCorp Developments (NB.TO) as of Oct 28, 2026 is -191.50 %. In the previous year, Return on Assets (ROA) was -43.63 % — a change of 338.88% (lower).

ROA

-191.50 %

YoY

338.88%

Last updated:

In 2023, NioCorp Developments's return on assets (ROA) was -191.50 %, a 338.88% increase from the -43.63 % ROA in the previous year.

The NioCorp Developments ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2016
-74.83 USD
Jan 1, 2017
-128.89 USD
Jan 1, 2018
-75.67 USD
Jan 1, 2019
-66.18 USD
Jan 1, 2020
-36.38 USD
Jan 1, 2021
-50.89 USD
Jan 1, 2022
-43.63 USD
Jan 1, 2023
-191.50 USD
The NioCorp Developments ROA history
YEARROAYoY
-191.50 %+338.88%
-43.63 %-14.27%
-50.89 %+39.88%
-36.38 %-45.02%
-66.18 %-12.54%
-75.67 %-41.29%
-128.89 %+72.25%
-74.83 %-62.53%
-199.70 %+2,017.84%
-9.43 %—

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NioCorp Developments Stock analysis

What does NioCorp Developments do? NioCorp Developments Ltd. is a Canadian company specialized in mineral deposits. It was founded in 1987 and is headquartered in Colorado, USA. The company focuses on the exploration and development of three specific mineral deposits to extract metals with high purity and quality. One of the company's main projects is the Elk Creek Project in Nebraska. The deposit contains three central minerals - niobium, scandium, and titanium. While most niobium producers only extract niobium, NioCorp Developments Ltd.'s deposit also contains scandium and titanium. This makes NioCorp Developments Ltd. the world's only producer of niobium, scandium, and titanium from a single deposit. The company utilizes modern technologies and processes to produce high-quality metals needed in various industries such as aerospace, automotive, and electronics. For example, niobium is used in the aerospace industry to manufacture alloys and superalloys, reducing weight while ensuring higher strength and durability. Scandium is used in the aluminum industry to produce lighter and more resistant aluminum alloys needed in aerospace and automotive industries. The company has an experienced management team with technical and operational capabilities to optimize production processes and maximize financial success. The management team collaborates closely with industry experts and consultants to support the company in technology, engineering, and finance. Certain aspects of the company's business focus on the use of renewable energy sources, making it environmentally friendly. The production of niobium, scandium, and titanium from the Elk Creek deposit is powered by renewable energy sources, offering a more sustainable and environmentally conscious option. Additionally, the company invests in the development of technology and product innovations, making it unique and competitive. The company is committed to investing in new technologies and production processes to continuously improve and expand its business. NioCorp Developments Ltd. occupies a unique position in the market as the only producer of niobium, scandium, and titanium from a single deposit. With a focus on renewable energy and investment in technology and innovations, the company aims to expand its market position while providing environmentally friendly and sustainable solutions. NioCorp Developments is one of the most popular companies on Eulerpool.

ROA Details

Understanding NioCorp Developments's Return on Assets (ROA)

NioCorp Developments's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing NioCorp Developments's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider NioCorp Developments's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in NioCorp Developments’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about NioCorp Developments stock

Return on Assets (ROA) of NioCorp Developments is -191.50 % in 2023.

Return on Assets (ROA) of NioCorp Developments changed from -43.63 % to -191.50 %, representing a 338.88% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) NioCorp Developments since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s NioCorp Developments with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — NioCorp Developments

All Key Metrics — NioCorp Developments