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Vanadium Resources (ASX:VR8) Net-Net Working Capital : A$0.00 (As of Dec. 2024)


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What is Vanadium Resources Net-Net Working Capital?

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.

Vanadium Resources's Net-Net Working Capital for the quarter that ended in Dec. 2024 was A$0.00.

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

ASX:VR8's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 6.415
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Vanadium Resources Net-Net Working Capital Historical Data

The historical data trend for Vanadium Resources'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.

* Premium members only.

Vanadium Resources Net-Net Working Capital Chart

Vanadium Resources Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net-Net Working Capital
Get a 7-Day Free Trial - - - 0.01 -

Vanadium Resources Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 0.01 0.01 - -

Competitive Comparison of Vanadium Resources's Net-Net Working Capital

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


Vanadium Resources's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

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

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


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Vanadium Resources Net-Net Working Capital Calculation

Vanadium Resources's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net-Net Working Capital(A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.915+0.75 * 0+0.5 * 0-0.704
-0--0.298)/562.625
=0.00

Vanadium Resources's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.147+0.75 * 0.068+0.5 * 0-0.679
-0--0.277)/562.625
=-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.

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.


Vanadium Resources  (ASX:VR8) 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.


Vanadium Resources Net-Net Working Capital Related Terms

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Vanadium Resources Business Description

Traded in Other Exchanges
N/A
Address
63 Shepperton Road, Suite 7, Victoria Park, Perth, WA, AUS, 6100
Vanadium Resources Ltd Ltd is a junior exploration company. Principally, it is engaged in the business of acquisition, exploration, and development of mineral resources in the Pilbara region of Western Australia. The company holds an interest in the development of Quartz Bore project and Steelpoortdrift Vanadium Project. Geographically, it operates within two segments which are Australia and South Africa.

Vanadium Resources Headlines

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