AUSI (Aura Systems) Net-Net Working Capital: $-0.29 (As of Nov. 2025)

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AUSI Aura Systems Inc AUSI
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What is Aura Systems Net-Net Working Capital?

Aura Systems AUSI 15 Net-Net Working Capital is $-0.29 as of Nov. 2025. GuruFocus rates AUSI with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 1,354 Industrial Products companies, Aura Systems ranks worse than 73855.17% 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.

Aura Systems's Net-Net Working Capital for the quarter that ended in Nov. 2025 was $-0.29.

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

AUSI's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.52
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Aura Systems  (OTCPK:AUSI) 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.


Aura Systems Net-Net Working Capital Related Terms


Aura Systems Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Aura Systems'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.

Aura Systems Net-Net Working Capital Chart

Aura Systems Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.32 -0.28 -0.23 -0.22 -0.33

Aura Systems Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.36 -0.33 -0.34 -0.36 -0.29

AUSI vs WFF, NGTF, SPPL: Net-Net Working Capital Comparison

For the Specialty Industrial Machinery subindustry, Aura Systems'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.


Aura Systems Price-to-Net-Net-Working-Capital vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aura Systems's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


AUSI
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Aura Systems Inc AUSI
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Aura Systems Net-Net Working Capital Calculation

Aura Systems's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Feb. 2025 is calculated as

Net-Net Working Capital(A: Feb. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.023+0.75 * 0+0.5 * 0.038-39.07
-0-0)/118.296
=-0.33

Aura Systems's Net-Net Working Capital (NNWC) per share for the quarter that ended in Nov. 2025 is calculated as

Net-Net Working Capital(Q: Nov. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.107+0.75 * 0+0.5 * 0.005-38.244
-0-0)/132.612
=-0.29

* 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 $-0.29 mean?
Aura Systems (AUSI) has a Net-Net Working Capital of $-0.29 as of Nov. 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 Aura Systems According to the industry distribution chart, Aura Systems ranks #999999 out of 1354 companies in the Industrial Products industry.
Is Aura Systems' Net-Net Working Capital too high?
Aura Systems' current Net-Net Working Capital is $-0.29. Based on the distribution chart, Aura Systems ranks #999999 out of 1354 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Aura Systems has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Aura Systems' Net-Net Working Capital compare to WFF and NGTF?
According to the Industrial Products industry distribution chart, Aura Systems ranks #999999 out of 1354 companies for Net-Net Working Capital. This places Aura Systems in the lower half of its industry. The industry median Net-Net Working Capital is 8.52. 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 an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.52, based on 1,354 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 Aura Systems For the Industrial Products industry, the median Net-Net Working Capital is 8.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aura Systems's current Net-Net Working Capital is $-0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aura Systems stock overvalued right now?
Aura Systems (AUSI) has a current Net-Net Working Capital of $-0.29. The current Net-Net Working Capital is $-0.29. Aura Systems' overall GF Score™ is 15/100 with 3 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 Aura Systems (AUSI), the current Net-Net Working Capital is $-0.29 as of Nov. 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.

Aura Systems Business Description

Address 20431 North Sea, Lake Forest, CA, USA, 92630
Aura Systems Inc is engaged in the development, commercialization, and sales of products, systems, and components. It uses patented and proprietary electromagnetic technology. The company develops and sells AuraGen axial flux mobile induction power systems to the industrial, commercial, and defense mobile power generation markets. It has also developed High Force Electromagnetic Linear Actuators.
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