DROP (Fuse Science) Net Current Asset Value: $0.00 (As of Mar. 2026)


What is Fuse Science Net Current Asset Value?

Fuse Science DROP Net Current Asset Value is $0.00 as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,755 Software companies, Fuse Science ranks worse than 56980% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Fuse Science's net current asset value per share for the quarter that ended in Mar. 2026 was $0.00.

The historical rank and industry rank for Fuse Science's Net Current Asset Value or its related term are showing as below:

DROP's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 4.78
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Fuse Science  (OTCPK:DROP) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Fuse Science Net Current Asset Value Related Terms


Fuse Science Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Fuse Science's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fuse Science Net Current Asset Value Chart

Fuse Science Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.17 -6.95 -5.49 -9.32 -0.14

Fuse Science Semi-Annual Data
Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.32 -0.14 -0.14 0.00 0.00

DROP vs SMKG, GMTH, ATDS: Net Current Asset Value Comparison

For the Software - Infrastructure subindustry, Fuse Science's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fuse Science Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Fuse Science's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Fuse Science's Price-to-Net-Current-Asset-Value falls into.



Fuse Science Net Current Asset Value Calculation

Fuse Science's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2015 is calculated as

Net Current Asset Value Per Share(A: Sep. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.11-0.95-10.384-0.008)/80.000
=-0.14

Fuse Science's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0-0.006-0-0.008)/250.000
=-0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of $0.00 mean?
Fuse Science (DROP) has a Net Current Asset Value of $0.00 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Fuse Science and its competitors. According to the industry distribution chart, Fuse Science ranks #999999 out of 1755 companies in the Software industry.
Is Fuse Science's Net Current Asset Value too high?
Fuse Science's current Net Current Asset Value is $0.00. Based on the distribution chart, Fuse Science ranks #999999 out of 1755 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Fuse Science's Net Current Asset Value compare to SMKG and GMTH?
According to the Software industry distribution chart, Fuse Science ranks #999999 out of 1755 companies for Net Current Asset Value. This places Fuse Science in the lower half of its industry. The industry median Net Current Asset Value is 4.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Software company?
The median Net Current Asset Value among Software companies is 4.78, based on 1,755 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Fuse Science and its competitors. For the Software industry, the median Net Current Asset Value is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuse Science's current Net Current Asset Value is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuse Science stock overvalued right now?
Fuse Science (DROP) has a current Net Current Asset Value of $0.00. The current Net Current Asset Value is $0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Fuse Science (DROP), the current Net Current Asset Value is $0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fuse Science Business Description

Address 1011 Hinterland Crt, Oshawa, ON, CAN, L1K 2M6
Fuse Science Inc operates Trainday, a cloud-based workforce learning management system. It is a software company that created and maintains the Trainday platform, enabling companies to create data-driven employee and staff training solutions leveraging artificial intelligence and relevant data sources. The platform focuses on creating tailored training modules that are engaging and impactful, allowing companies to develop personalized learning paths and training programs based on the needs of each business. Industries in focus include healthcare, retail, travel, hospitality, manufacturing, finance, government services, and construction. Trainday works to accelerate the transition from industry or company-specific events to full operational readiness.