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Cardiff OncologyCRDF +0.52%26 Net-Net Working Capital is $0.46 as of Mar. 2026. GuruFocus rates CRDF with a GF Score™ of 26/100. The stock has 4 warning signs investors should review. Among 858 Biotechnology companies, Cardiff Oncology ranks better than 80.89% 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.
Cardiff Oncology's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.46.
The industry rank for Cardiff Oncology's Net-Net Working Capital or its related term are showing as below:
CRDF's Price-to-Net-Net-Working-Capital is ranked better than 80.89% of 858
companies
in the Biotechnology industry
Industry Median: 5.075
vs CRDF: 1.87
Cardiff Oncology (NAS:CRDF) 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.
Cardiff Oncology Net-Net Working Capital Related Terms
Cardiff Oncology Net-Net Working Capital Historical Data
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The historical data trend for Cardiff Oncology'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.
CRDF vs MNOV, PMVP, CING: Net-Net Working Capital Comparison
For the Biotechnology subindustry, Cardiff Oncology'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.
Cardiff Oncology Price-to-Net-Net-Working-Capital vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Cardiff Oncology's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Cardiff Oncology'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 $0.46 mean?
Cardiff Oncology (CRDF) has a Net-Net Working Capital of $0.46 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 Cardiff Oncology According to the industry distribution chart, Cardiff Oncology ranks #164 out of 858 companies in the Biotechnology industry, placing it in the top 19.1%.
Is Cardiff Oncology's Net-Net Working Capital too high?
Cardiff Oncology's current Net-Net Working Capital is $0.46. The Biotechnology industry median Net-Net Working Capital is 5.08. Cardiff Oncology's value of $0.46 is 90.9% below this industry median. Based on the distribution chart, Cardiff Oncology ranks #164 out of 858 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Cardiff Oncology has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Cardiff Oncology's Net-Net Working Capital compare to MNOV and PMVP?
According to the Biotechnology industry distribution chart, Cardiff Oncology ranks #164 out of 858 companies for Net-Net Working Capital. This places Cardiff Oncology in the top 19% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 5.08. Cardiff Oncology's value of $0.46 is 90.9% 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 Biotechnology company?
The median Net-Net Working Capital among Biotechnology companies is 5.08, based on 858 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. Cardiff Oncology's current Net-Net Working Capital of $0.46 is 90.9% 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 Cardiff Oncology For the Biotechnology industry, the median Net-Net Working Capital is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cardiff Oncology's current Net-Net Working Capital is $0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardiff Oncology stock overvalued right now?
Cardiff Oncology (CRDF) has a current Net-Net Working Capital of $0.46. The current Net-Net Working Capital is $0.46 and 90.9% below the Biotechnology industry median of 5.08. Cardiff Oncology's overall GF Score™ is 26/100 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 Cardiff Oncology (CRDF), the current Net-Net Working Capital is $0.46 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.
Cardiff Oncology Inc is a clinical-stage biotechnology company that leverages PLK1 inhibition, a well-validated oncology drug target, to develop novel therapies for various cancers with unmet medical needs. The company focuses on targeting tumor vulnerabilities with treatment combinations of onvansertib, its oral and selective PLK1 inhibitor, and standard-of-care (SoC) therapeutics. The firm's clinical program pipeline focuses on indications such as RAS-mutated metastatic colorectal cancer (mCRC), investigator-initiated trials in metastatic pancreatic ductal adenocarcinoma (mPDAC), small cell lung cancer (SCLC), metastatic triple negative breast cancer (mTNBC), and Chronic Myelomonocytic Leukemia (CMML). Geographically, it operates only in the United States.
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