Richmond Vanadium Technology (ASX:RVT) Net-Net Working Capital: A$0.03 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:RVT Richmond Vanadium Technology Ltd ASX:RVT
33 GF Score
Price A$0.12
! 1 Warning Sign
View Full Analysis

What is Richmond Vanadium Technology Net-Net Working Capital?

Richmond Vanadium Technology ASX:RVT +9.09% 33 Net-Net Working Capital is A$0.03 as of Dec. 2025. GuruFocus rates ASX:RVT with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 1,123 Metals & Mining companies, Richmond Vanadium Technology ranks better than 75.69% 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.

Richmond Vanadium Technology's Net-Net Working Capital for the quarter that ended in Dec. 2025 was A$0.03.

The industry rank for Richmond Vanadium Technology's Net-Net Working Capital or its related term are showing as below:

ASX:RVT's Price-to-Net-Net-Working-Capital is ranked better than
75.69% of 1123 companies
in the Metals & Mining industry
Industry Median: 7.1 vs ASX:RVT: 4.00

Richmond Vanadium Technology  (ASX:RVT) 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.


Richmond Vanadium Technology Net-Net Working Capital Related Terms


Richmond Vanadium Technology Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Richmond Vanadium Technology'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.

Richmond Vanadium Technology Net-Net Working Capital Chart

Richmond Vanadium Technology Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Net-Net Working Capital
0.00 0.08 0.05 0.03

Richmond Vanadium Technology Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial 0.06 0.05 0.05 0.03 0.03

Richmond Vanadium Technology Net-Net Working Capital Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Richmond Vanadium Technology'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.


Richmond Vanadium Technology Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Richmond Vanadium Technology's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Richmond Vanadium Technology's Price-to-Net-Net-Working-Capital falls into.


ASX:RVT
33GF Score
Richmond Vanadium Technology Ltd ASX:RVT
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Richmond Vanadium Technology Net-Net Working Capital Calculation

Richmond Vanadium Technology's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net-Net Working Capital(A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.884+0.75 * 0+0.5 * 0-1.227
-0-0)/219.065
=0.03

Richmond Vanadium Technology's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.744+0.75 * 0.086+0.5 * 0-1.2
-0-0)/220.315
=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 A$0.03 mean?
Richmond Vanadium Technology (ASX:RVT) has a Net-Net Working Capital of A$0.03 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 Richmond Vanadium Technology According to the industry distribution chart, Richmond Vanadium Technology ranks #273 out of 1123 companies in the Metals & Mining industry, placing it in the top 24.3%.
Is Richmond Vanadium Technology's Net-Net Working Capital too high?
Richmond Vanadium Technology's current Net-Net Working Capital is A$0.03. Based on the distribution chart, Richmond Vanadium Technology ranks #273 out of 1123 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Richmond Vanadium Technology has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Richmond Vanadium Technology's Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, Richmond Vanadium Technology ranks #273 out of 1123 companies for Net-Net Working Capital. This places Richmond Vanadium Technology in the top 24% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.10. 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 Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 7.10, based on 1,123 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 Richmond Vanadium Technology For the Metals & Mining industry, the median Net-Net Working Capital is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Richmond Vanadium Technology's current Net-Net Working Capital is A$0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Richmond Vanadium Technology stock overvalued right now?
Richmond Vanadium Technology (ASX:RVT) has a current Net-Net Working Capital of A$0.03. The current Net-Net Working Capital is A$0.03. Richmond Vanadium Technology's overall GF Score™ is 33/100 with 1 warning sign to review. 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 Richmond Vanadium Technology (ASX:RVT), the current Net-Net Working Capital is A$0.03 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.

Richmond Vanadium Technology Business Description

Address 251 Adelaide Terrace, Level 11, Perth, WA, AUS, 6000
Richmond Vanadium Technology Ltd is an Australian minerals exploration company advancing its Richmond Vanadium Project in north Queensland. The Richmond-Julia Creek Vanadium Project is the non-titanomagnetite vanadium deposit of its kind (soft marine sediments) globally and can produce a supply of vanadium for the steel and emerging energy storage markets. The project involves the development of an open cut, free dig vanadium mining operation producing vanadium pentoxide (V2O5) concentrate from the ore reserve.
33GF Score

Get the complete analysis for ASX:RVT

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

A$0.12
Price