Vita Resources NL (ASX:VTA) Net-Net Working Capital: A$-0.01 (As of Dec. 2025)

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What is Vita Resources NL Net-Net Working Capital?

Vita Resources NL ASX:VTA -14.29% Net-Net Working Capital is A$-0.01 as of Dec. 2025. The stock has 4 warning signs investors should review. Among 1,130 Metals & Mining companies, Vita Resources NL ranks worse than 88495.49% 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.

Vita Resources NL's Net-Net Working Capital for the quarter that ended in Dec. 2025 was A$-0.01.

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

ASX:VTA's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 7
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Vita Resources NL  (ASX:VTA) 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.


Vita Resources NL Net-Net Working Capital Related Terms


Vita Resources NL Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Vita Resources NL'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.

Vita Resources NL Net-Net Working Capital Chart

Vita Resources NL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial 0.82 -0.38 -0.03 -0.03 -0.01

Vita Resources NL Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.03 -0.05 -0.03 -0.07 -0.01

ASX:VTA vs HL: Net-Net Working Capital Comparison

For the Other Precious Metals & Mining subindustry, Vita Resources NL'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.


Vita Resources NL Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

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

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



Vita Resources NL Net-Net Working Capital Calculation

Vita Resources NL's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.31+0.75 * 0+0.5 * 0-0.78
-0-0)/67.361
=-0.01

Vita Resources NL'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)
=(0.31+0.75 * 0+0.5 * 0-0.78
-0-0)/67.361
=-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.

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$-0.01 mean?
Vita Resources NL (ASX:VTA) has a Net-Net Working Capital of A$-0.01 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 Vita Resources NL According to the industry distribution chart, Vita Resources NL ranks #999999 out of 1130 companies in the Metals & Mining industry.
Is Vita Resources NL's Net-Net Working Capital too high?
Vita Resources NL's current Net-Net Working Capital is A$-0.01. Based on the distribution chart, Vita Resources NL ranks #999999 out of 1130 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Vita Resources NL's Net-Net Working Capital compare to HL?
According to the Metals & Mining industry distribution chart, Vita Resources NL ranks #999999 out of 1130 companies for Net-Net Working Capital. This places Vita Resources NL in the lower half of its industry. The industry median Net-Net Working Capital is 7.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 7.00, based on 1,130 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Vita Resources NL For the Metals & Mining industry, the median Net-Net Working Capital is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vita Resources NL's current Net-Net Working Capital is A$-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vita Resources NL stock overvalued right now?
Vita Resources NL (ASX:VTA) has a current Net-Net Working Capital of A$-0.01. The current Net-Net Working Capital is A$-0.01. 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 Vita Resources NL (ASX:VTA), the current Net-Net Working Capital is A$-0.01 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.

Vita Resources NL Business Description

Other Exchanges J570:Germany
Address 352B Cambridge Street, Wembley, Perth, WA, AUS, 6014
Vita Resources NL is an ASX-listed early-stage explorer focused on gold, copper, and critical minerals, committed to delivering the possible results for its shareholders. The group maintains an early-stage exploration portfolio in main investment jurisdictions, including Australia, Canada, Sweden, and Chile. It is focused on delivering shareholder value through its ethos of disciplined project evaluation, execution, and advancement. Its projects are the ICE Copper-Gold Project, Gyttorp REE and Copper Project, Ninnis Gold Project, Harley and Mariner Copper Projects, and Cometa Copper Project.