BOCOF (Bougainville Copper) Net-Net Working Capital: $0.01 (As of Dec. 2025)


BOCOF Bougainville Copper Ltd BOCOF
34 GF Score
Price $0.35
! 1 Warning Sign
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What is Bougainville Copper Net-Net Working Capital?

Bougainville Copper BOCOF 34 Net-Net Working Capital is $0.01 as of Dec. 2025. GuruFocus rates BOCOF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 1,121 Metals & Mining companies, Bougainville Copper ranks worse than 84.92% 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.

Bougainville Copper's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $0.01.

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

BOCOF's Price-to-Net-Net-Working-Capital is ranked worse than
84.92% of 1121 companies
in the Metals & Mining industry
Industry Median: 7.1 vs BOCOF: 26.00

Bougainville Copper  (OTCPK:BOCOF) 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.


Bougainville Copper Net-Net Working Capital Related Terms


Bougainville Copper Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Bougainville Copper'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.

Bougainville Copper Net-Net Working Capital Chart

Bougainville Copper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.02 0.01 0.01

Bougainville Copper Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 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 0.02 0.00 0.01 0.00 0.01

BOCOF vs HL: Net-Net Working Capital Comparison

For the Other Precious Metals & Mining subindustry, Bougainville Copper'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.


Bougainville Copper Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

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

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


BOCOF
34GF Score
Bougainville Copper Ltd BOCOF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Bougainville Copper Net-Net Working Capital Calculation

Bougainville Copper'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)
=(4.661+0.75 * 0.371+0.5 * 0-2.381
-0-0)/401.063
=0.01

Bougainville Copper'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)
=(4.661+0.75 * 0.371+0.5 * 0-2.381
-0-0)/401.063
=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 $0.01 mean?
Bougainville Copper (BOCOF) has a Net-Net Working Capital of $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 Bougainville Copper According to the industry distribution chart, Bougainville Copper ranks #952 out of 1121 companies in the Metals & Mining industry, placing it in the top 84.9%.
Is Bougainville Copper's Net-Net Working Capital too high?
Bougainville Copper's current Net-Net Working Capital is $0.01. The Metals & Mining industry median Net-Net Working Capital is 7.10. Bougainville Copper's value of $0.01 is 99.9% below this industry median. Based on the distribution chart, Bougainville Copper ranks #952 out of 1121 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Bougainville Copper has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Bougainville Copper's Net-Net Working Capital compare to HL?
According to the Metals & Mining industry distribution chart, Bougainville Copper ranks #952 out of 1121 companies for Net-Net Working Capital. This places Bougainville Copper in the lower half of its industry. The industry median Net-Net Working Capital is 7.10. Bougainville Copper's value of $0.01 is 99.9% below this benchmark. 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 1,121 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. Bougainville Copper's current Net-Net Working Capital of $0.01 is 99.9% below the industry median. 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 Bougainville Copper 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. Bougainville Copper's current Net-Net Working Capital is $0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bougainville Copper stock overvalued right now?
Bougainville Copper (BOCOF) has a current Net-Net Working Capital of $0.01. The current Net-Net Working Capital is $0.01 and 99.9% below the Metals & Mining industry median of 7.10. Bougainville Copper's overall GF Score™ is 34/100 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 Bougainville Copper (BOCOF), the current Net-Net Working Capital is $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.

Bougainville Copper Business Description

Other Exchanges BOU1:GermanyBOC:Australia
Address Level 5, BSP Haus, Harbour City, Lot 2 on Allotment 34, Section 44, Konedobu, Granville, Port Moresby, PNG
Bougainville Copper Ltd is an investing company. The company focuses on exploration and sustainable, profitable Papua New Guinea mining in the Autonomous Bougainville Province. Revenue generated by the company mainly comprises interest income and dividend income.
34GF Score

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

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