Althea Copper (XCNQ:ALTH) Net Current Asset Value: C$0.01 (As of Apr. 2026)

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XCNQ:ALTH Althea Copper Corp XCNQ:ALTH
15 GF Score
Price C$0.11
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What is Althea Copper Net Current Asset Value?

Althea Copper XCNQ:ALTH +4.76% 15 Net Current Asset Value is C$0.01 as of Apr. 2026. GuruFocus rates XCNQ:ALTH with a GF Score™ of 15/100. Among 1,376 Metals & Mining companies, Althea Copper ranks worse than 67.3% 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).

Althea Copper's net current asset value per share for the quarter that ended in Apr. 2026 was C$0.01.

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

XCNQ:ALTH' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0   Med: 0   Max: 11
Current: 11

During the past 1 years, the highest Price-to-Net-Current-Asset-Value Ratio of Althea Copper was 11.00. The lowest was 0.00. And the median was 0.00.

XCNQ:ALTH's Price-to-Net-Current-Asset-Value is ranked worse than
67.3% of 1376 companies
in the Metals & Mining industry
Industry Median: 7.175 vs XCNQ:ALTH: 11.00

Althea Copper  (XCNQ:ALTH) 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.


Althea Copper Net Current Asset Value Related Terms


Althea Copper Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Althea Copper'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.

Althea Copper Net Current Asset Value Chart

Althea Copper Annual Data
Trend Oct24
Net Current Asset Value
0.01

Althea Copper Quarterly Data
Oct24 Apr25 Oct25 Apr26
Net Current Asset Value 0.01 0.00 0.01 0.01

XCNQ:ALTH vs : Net Current Asset Value Comparison

For the Copper subindustry, Althea Copper'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.


Althea Copper Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

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

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


XCNQ:ALTH
15GF Score
Althea Copper Corp XCNQ:ALTH
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Althea Copper Net Current Asset Value Calculation

Althea Copper's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2024 is calculated as

Net Current Asset Value Per Share(A: Oct. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.46-0.214-0-0)/21.000
=0.01

Althea Copper's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2026 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.22-0.1-0-0)/21.000
=0.01

* 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 C$0.01 mean?
Althea Copper (XCNQ:ALTH) has a Net Current Asset Value of C$0.01 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Althea Copper and its competitors. According to the industry distribution chart, Althea Copper ranks #926 out of 1376 companies in the Metals & Mining industry, placing it in the top 67.3%.
Is Althea Copper's Net Current Asset Value too high?
Althea Copper's current Net Current Asset Value is C$0.01. Based on the distribution chart, Althea Copper ranks #926 out of 1376 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Althea Copper has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Althea Copper's Net Current Asset Value compare to ?
According to the Metals & Mining industry distribution chart, Althea Copper ranks #926 out of 1376 companies for Net Current Asset Value. This places Althea Copper in the lower half of its industry. The industry median Net Current Asset Value is 7.18. 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 7.18, based on 1,376 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 Althea Copper and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Althea Copper's current Net Current Asset Value is C$0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Althea Copper stock overvalued right now?
Althea Copper (XCNQ:ALTH) has a current Net Current Asset Value of C$0.01. The current Net Current Asset Value is C$0.01. Althea Copper's overall GF Score™ is 15/100. 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 Althea Copper (XCNQ:ALTH), the current Net Current Asset Value is C$0.01 as of Apr. 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.

Althea Copper Business Description

Comparable Companies
Address 3217 Dunbar Street, Suite 248, Vancouver, BC, CAN, V6S 0M1
Althea Copper Corp is engaged in the exploration of its Mink Narrows Property, located in west-central Manitoba near Flin Flon. The Company is focused on continuing exploration work that has indicated widespread, high-grade copper-zinc volcanic massive sulphide (VMS) deposits, copper occurrences in a vein-style Cu zone, and gold occurrences within a complex structural zone that is bound by, and/or marginal to, the Mistik Creek shear zone and the north Neso Lake fault.
15GF Score

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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.11
Price