USHAF (Usha Resources) Net Current Asset Value: $0.00 (As of Dec. 2025)


What is Usha Resources Net Current Asset Value?

Usha Resources USHAF Net Current Asset Value is $0.00 as of Dec. 2025. The stock has 1 warning sign investors should review. Among 1,334 Metals & Mining companies, Usha Resources ranks worse than 74962.44% 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).

Usha Resources's net current asset value per share for the quarter that ended in Dec. 2025 was $0.00.

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

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Usha Resources was 28.00. The lowest was 2.00. And the median was 4.33.

USHAF's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 6.665
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Usha Resources  (OTCPK:USHAF) 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.


Usha Resources Net Current Asset Value Related Terms


Usha Resources Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Usha Resources'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.

Usha Resources Net Current Asset Value Chart

Usha Resources Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net Current Asset Value
Get a 7-Day Free Trial 0.01 0.04 0.06 0.01 0.00

Usha Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.01 0.00 0.00 0.00 0.00

Usha Resources Net Current Asset Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Usha Resources'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.


Usha Resources Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Usha Resources's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Usha Resources Net Current Asset Value Calculation

Usha Resources's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(A: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.525-0.167-0-0)/89.707
=0.00

Usha Resources's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.329-0.501-0-0)/91.982
=-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?
Usha Resources (USHAF) has a Net Current Asset Value of $0.00 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Usha Resources and its competitors. Over the past decade, Usha Resources' Net Current Asset Value has ranged from 2.00 to 28.00. According to the industry distribution chart, Usha Resources ranks #999999 out of 1334 companies in the Metals & Mining industry.
Is Usha Resources' Net Current Asset Value too high?
Usha Resources' current Net Current Asset Value is $0.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 28.00. Based on the distribution chart, Usha Resources ranks #999999 out of 1334 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Usha Resources' Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, Usha Resources ranks #999999 out of 1334 companies for Net Current Asset Value. This places Usha Resources in the lower half of its industry. The industry median Net Current Asset Value is 6.67. Historically, Usha Resources' own Net Current Asset Value has ranged from 2.00 to 28.00 over the past decade. 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 Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.67, based on 1,334 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 Usha Resources and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usha Resources'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 Usha Resources stock overvalued right now?
Usha Resources (USHAF) 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 Usha Resources (USHAF), the current Net Current Asset Value is $0.00 as of Dec. 2025. 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.

Usha Resources Business Description

Other Exchanges USHA:Canada
Address 1575 Kamloops Street, Vancouver, BC, CAN, V5K 3W1
Usha Resources Ltd is a mineral acquisition and exploration company focused on the development of quality battery metal properties that are drill-ready with high-upside and expansion potential. It is engaged in acquiring and exploring interests in mineral properties located in North America. The company's portfolio includes Jackpot Lake, a lithium brine project in Nevada, and six lithium pegmatite projects in Ontario: White Willow, Triangle Lake, Gathering Lake, Lee Lake, Bluett, and Mead project. Geographically, it operates in USA and Canada.