AETHF (Aether Global Innovations) Net-Net Working Capital: $-0.03 (As of Feb. 2026)

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What is Aether Global Innovations Net-Net Working Capital?

Aether Global Innovations AETHF Net-Net Working Capital is $-0.03 as of Feb. 2026. The stock has 4 warning signs investors should review. Among 445 Business Services companies, Aether Global Innovations ranks worse than 224718.88% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Aether Global Innovations's Net-Net Working Capital for the quarter that ended in Feb. 2026 was $-0.03.

The industry rank for Aether Global Innovations's Net-Net Working Capital or its related term are showing as below:

AETHF's Price-to-Net-Net-Working-Capital is not ranked *
in the Business Services industry.
Industry Median: 5.53
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Aether Global Innovations  (OTCPK:AETHF) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.


Aether Global Innovations Net-Net Working Capital Related Terms


Aether Global Innovations Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Aether Global Innovations's Net-Net Working Capital 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.

Aether Global Innovations Net-Net Working Capital Chart

Aether Global Innovations Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.26 -0.03 -0.07 -0.01

Aether Global Innovations Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Net-Net Working Capital 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 -0.08 -0.09 -0.09 -0.01 -0.03

AETHF vs ALLE, MSA, ADT: Net-Net Working Capital Comparison

For the Security & Protection Services subindustry, Aether Global Innovations's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Aether Global Innovations Price-to-Net-Net-Working-Capital vs Business Services Industry

For the Business Services industry and Industrials sector, Aether Global Innovations's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Aether Global Innovations's Price-to-Net-Net-Working-Capital falls into.



Aether Global Innovations Net-Net Working Capital Calculation

Aether Global Innovations's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Nov. 2025 is calculated as

Net-Net Working Capital(A: Nov. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.173+0.75 * 0+0.5 * 0-0.524
-0-0)/24.648
=-0.01

Aether Global Innovations's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2026 is calculated as

Net-Net Working Capital(Q: Feb. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.008+0.75 * 0+0.5 * 0-0.683
-0-0)/24.665
=-0.03

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of $-0.03 mean?
Aether Global Innovations (AETHF) has a Net-Net Working Capital of $-0.03 as of Feb. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Aether Global Innovations According to the industry distribution chart, Aether Global Innovations ranks #999999 out of 445 companies in the Business Services industry.
Is Aether Global Innovations' Net-Net Working Capital too high?
Aether Global Innovations' current Net-Net Working Capital is $-0.03. Based on the distribution chart, Aether Global Innovations ranks #999999 out of 445 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does Aether Global Innovations' Net-Net Working Capital compare to ALLE and MSA?
According to the Business Services industry distribution chart, Aether Global Innovations ranks #999999 out of 445 companies for Net-Net Working Capital. This places Aether Global Innovations in the lower half of its industry. The industry median Net-Net Working Capital is 5.53. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Business Services company?
The median Net-Net Working Capital among Business Services companies is 5.53, based on 445 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Aether Global Innovations For the Business Services industry, the median Net-Net Working Capital is 5.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aether Global Innovations's current Net-Net Working Capital is $-0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aether Global Innovations stock overvalued right now?
Aether Global Innovations (AETHF) has a current Net-Net Working Capital of $-0.03. The current Net-Net Working Capital is $-0.03. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Aether Global Innovations (AETHF), the current Net-Net Working Capital is $-0.03 as of Feb. 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.

Aether Global Innovations Business Description

Address 789 West Pender Street, Suite 480, Vancouver, BC, CAN, V6C 1H2
Aether Global Innovations Corp is a UAV drone management and operations services company that focuses on three areas: critical infrastructure and large public and private facilities. These three areas include drone management and surveillance monitoring, automation and integration for flight planning, new sensor payloads, stand-alone power source, and drone base station infrastructure, and technology for autonomous self-landing, power charging, and take-off. The company operates in one business segment, focusing on drone management and automation service.