ATCH (AtlasClear Holdings) Net-Net Working Capital: $-0.23 (As of Mar. 2026)

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ATCH AtlasClear Holdings Inc ATCH
10 GF Score
Price $0.19
! 2 Warning Signs
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What is AtlasClear Holdings Net-Net Working Capital?

AtlasClear Holdings ATCH +6.81% 10 Net-Net Working Capital is $-0.23 as of Mar. 2026. GuruFocus rates ATCH with a GF Score™ of 10/100. The stock has 2 warning signs investors should review. Among 287 Capital Markets companies, AtlasClear Holdings ranks worse than 348431.71% 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.

AtlasClear Holdings's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.23.

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

ATCH's Price-to-Net-Net-Working-Capital is not ranked *
in the Capital Markets industry.
Industry Median: 4.98
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

AtlasClear Holdings  (AMEX:ATCH) 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.


AtlasClear Holdings Net-Net Working Capital Related Terms


AtlasClear Holdings Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for AtlasClear Holdings'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.

AtlasClear Holdings Net-Net Working Capital Chart

AtlasClear Holdings Annual Data
Trend Jun22 Jun23 Jun25
Net-Net Working Capital
-219.05 -109.22 -1.49

AtlasClear Holdings Quarterly Data
Jun22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -9.83 -1.49 -0.50 -0.22 -0.23

ATCH vs GREE, GRAN, MDBH: Net-Net Working Capital Comparison

For the Capital Markets subindustry, AtlasClear Holdings'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.


AtlasClear Holdings Price-to-Net-Net-Working-Capital vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, AtlasClear Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


ATCH
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AtlasClear Holdings Inc ATCH
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AtlasClear Holdings Net-Net Working Capital Calculation

AtlasClear Holdings'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)
=(7.534+0.75 * 0.321+0.5 * 0-67.69
-0-0)/40.166
=-1.49

AtlasClear Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.706+0.75 * 0.784+0.5 * 0-51.657
-0-0)/149.794
=-0.23

* 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 $-0.23 mean?
AtlasClear Holdings (ATCH) has a Net-Net Working Capital of $-0.23 as of Mar. 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 AtlasClear Holdings According to the industry distribution chart, AtlasClear Holdings ranks #999999 out of 287 companies in the Capital Markets industry.
Is AtlasClear Holdings' Net-Net Working Capital too high?
AtlasClear Holdings' current Net-Net Working Capital is $-0.23. Based on the distribution chart, AtlasClear Holdings ranks #999999 out of 287 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, AtlasClear Holdings has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does AtlasClear Holdings' Net-Net Working Capital compare to GREE and GRAN?
According to the Capital Markets industry distribution chart, AtlasClear Holdings ranks #999999 out of 287 companies for Net-Net Working Capital. This places AtlasClear Holdings in the lower half of its industry. The industry median Net-Net Working Capital is 4.98. 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 Capital Markets company?
The median Net-Net Working Capital among Capital Markets companies is 4.98, based on 287 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 AtlasClear Holdings For the Capital Markets industry, the median Net-Net Working Capital is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AtlasClear Holdings's current Net-Net Working Capital is $-0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AtlasClear Holdings stock overvalued right now?
AtlasClear Holdings (ATCH) has a current Net-Net Working Capital of $-0.23. The current Net-Net Working Capital is $-0.23. AtlasClear Holdings' overall GF Score™ is 10/100 with 2 warning signs 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 AtlasClear Holdings (ATCH), the current Net-Net Working Capital is $-0.23 as of Mar. 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.

AtlasClear Holdings Business Description

Address 2203 Lois Avenue, Suite 814, Tampa, FL, USA, 33607
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement, and banking of evolving and financial products with a focus on financial services firms. It is a fintech-driven business-to-business platform that expects to power innovation in fintech, investing, and trading. The company believes it is positioned to provide a modern, mission-critical suite of solutions to its clients, enabling them to reduce their transaction costs and compete more effectively in their businesses.
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