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LTR PharmaASX:LTP +2.06%12 Net-Net Working Capital is A$0.14 as of Dec. 2025. GuruFocus rates ASX:LTP with a GF Score™ of 12/100. Among 859 Biotechnology companies, LTR Pharma ranks better than 65.89% 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.
LTR Pharma's Net-Net Working Capital for the quarter that ended in Dec. 2025 was A$0.14.
The industry rank for LTR Pharma's Net-Net Working Capital or its related term are showing as below:
ASX:LTP's Price-to-Net-Net-Working-Capital is ranked better than 65.89% of 859
companies
in the Biotechnology industry
Industry Median: 5.45
vs ASX:LTP: 3.54
LTR Pharma (ASX:LTP) 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.
LTR Pharma Net-Net Working Capital Related Terms
LTR Pharma Net-Net Working Capital Historical Data
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The historical data trend for LTR Pharma'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.
ASX:LTP vs VRTX, REGN, ALNY: Net-Net Working Capital Comparison
For the Biotechnology subindustry, LTR Pharma'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.
LTR Pharma Price-to-Net-Net-Working-Capital vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, LTR Pharma's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where LTR Pharma's Price-to-Net-Net-Working-Capital falls into.
* 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 A$0.14 mean?
LTR Pharma (ASX:LTP) has a Net-Net Working Capital of A$0.14 as of Dec. 2025. 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 LTR Pharma According to the industry distribution chart, LTR Pharma ranks #293 out of 859 companies in the Biotechnology industry, placing it in the top 34.1%.
Is LTR Pharma's Net-Net Working Capital too high?
LTR Pharma's current Net-Net Working Capital is A$0.14. Based on the distribution chart, LTR Pharma ranks #293 out of 859 companies in the Biotechnology industry, which is above the industry midpoint. Overall, LTR Pharma has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does LTR Pharma's Net-Net Working Capital compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, LTR Pharma ranks #293 out of 859 companies for Net-Net Working Capital. This puts LTR Pharma in the upper half of its industry. The industry median Net-Net Working Capital is 5.45. 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 Biotechnology company?
The median Net-Net Working Capital among Biotechnology companies is 5.45, based on 859 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 LTR Pharma For the Biotechnology industry, the median Net-Net Working Capital is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LTR Pharma's current Net-Net Working Capital is A$0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LTR Pharma stock overvalued right now?
LTR Pharma (ASX:LTP) has a current Net-Net Working Capital of A$0.14. The current Net-Net Working Capital is A$0.14. LTR Pharma's overall GF Score™ is 12/100. 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 LTR Pharma (ASX:LTP), the current Net-Net Working Capital is A$0.14 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.
LTR Pharma Ltd is a clinical stage pharmaceutical company focused on holistically improving men's health, physically and mentally, through the commercialization of an intranasal spray treatment for Erectile Dysfunction. SPONTAN is a Vardenafil-based nasal delivery formulation designed to be a lower dose fast-acting administration that provides a rapid and high availability to a patient's bloodstream compared with the incumbent oral ED treatment products on the market.
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