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BT BrandsBTBDW 59 Net-Net Working Capital is $0.00 as of Jun. 2026. GuruFocus rates BTBDW with a GF Score™ of 59/100. The stock has 4 warning signs investors should review. Among 47 Restaurants companies, BT Brands ranks worse than 55.32% 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.
BT Brands's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $0.00.
The industry rank for BT Brands's Net-Net Working Capital or its related term are showing as below:
BTBDW's Price-to-Net-Net-Working-Capital is not ranked *
in the Restaurants industry.
Industry Median: 14.06 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
BT Brands (NAS:BTBDW) 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.
BT Brands Net-Net Working Capital Related Terms
BT Brands Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for BT Brands'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.
BTBDW vs GENK, REBN, MHGU: Net-Net Working Capital Comparison
For the Restaurants subindustry, BT Brands'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.
BT Brands Price-to-Net-Net-Working-Capital vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, BT Brands's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where BT Brands's Price-to-Net-Net-Working-Capital falls into.
* 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 $0.00 mean?
BT Brands (BTBDW) has a Net-Net Working Capital of $0.00 as of Jun. 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 BT Brands According to the industry distribution chart, BT Brands ranks #26 out of 47 companies in the Restaurants industry, placing it in the top 55.3%.
Is BT Brands' Net-Net Working Capital too high?
BT Brands' current Net-Net Working Capital is $0.00. Based on the distribution chart, BT Brands ranks #26 out of 47 companies in the Restaurants industry, which is below the industry midpoint. Overall, BT Brands has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does BT Brands' Net-Net Working Capital compare to GENK and REBN?
According to the Restaurants industry distribution chart, BT Brands ranks #26 out of 47 companies for Net-Net Working Capital. This places BT Brands in the lower half of its industry. The industry median Net-Net Working Capital is 14.06. 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 Restaurants company?
The median Net-Net Working Capital among Restaurants companies is 14.06, based on 47 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 BT Brands For the Restaurants industry, the median Net-Net Working Capital is 14.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BT Brands's current Net-Net Working Capital is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Brands stock overvalued right now?
BT Brands (BTBDW) has a current Net-Net Working Capital of $0.00. The current Net-Net Working Capital is $0.00. BT Brands' overall GF Score™ is 59/100 with 4 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 BT Brands (BTBDW), the current Net-Net Working Capital is $0.00 as of Jun. 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.
BT Brands Inc operates and owns a fast-food restaurant called Burger Time. Its offerings include a variety of burgers and other affordable items, including sides and soft drinks. The company owns and operates Keegan's Seafood Grille (Keegan's), a dine-in restaurant located in Florida; Pie In The Sky Coffee and Bakery (PIE), located in Massachusetts; and Schnitzel Haus, a German-themed restaurant located in Florida. The company's revenues are derived from the sale of food and beverages at its restaurants.
59GF Score
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