CUIRF (Velox Energy Materials) Net-Net Working Capital: $0.01 (As of Mar. 2026)


What is Velox Energy Materials Net-Net Working Capital?

Velox Energy Materials CUIRF Net-Net Working Capital is $0.01 as of Mar. 2026. Among 1,123 Metals & Mining companies, Velox Energy Materials ranks better than 92.25% 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.

Velox Energy Materials's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.01.

The industry rank for Velox Energy Materials's Net-Net Working Capital or its related term are showing as below:

CUIRF's Price-to-Net-Net-Working-Capital is ranked better than
92.25% of 1123 companies
in the Metals & Mining industry
Industry Median: 7.1 vs CUIRF: 1.61

Velox Energy Materials  (OTCPK:CUIRF) 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.


Velox Energy Materials Net-Net Working Capital Related Terms


Velox Energy Materials Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Velox Energy Materials'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.

Velox Energy Materials Net-Net Working Capital Chart

Velox Energy Materials 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 -0.01 0.02 0.02 0.00 0.00

Velox Energy Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.01

Velox Energy Materials Net-Net Working Capital Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Velox Energy Materials'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.


Velox Energy Materials Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

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

* The bar in red indicates where Velox Energy Materials's Price-to-Net-Net-Working-Capital falls into.



Velox Energy Materials Net-Net Working Capital Calculation

Velox Energy Materials'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)
=(0.152+0.75 * 0+0.5 * 0-0.128
-0-0)/89.296
=0.00

Velox Energy Materials'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)
=(2.203+0.75 * 0+0.5 * 0-0.115
-0-0)/178.593
=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?
Velox Energy Materials (CUIRF) has a Net-Net Working Capital of $0.01 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 Velox Energy Materials According to the industry distribution chart, Velox Energy Materials ranks #87 out of 1123 companies in the Metals & Mining industry, placing it in the top 7.7%.
Is Velox Energy Materials' Net-Net Working Capital too high?
Velox Energy Materials' current Net-Net Working Capital is $0.01. The Metals & Mining industry median Net-Net Working Capital is 7.10. Velox Energy Materials' value of $0.01 is 99.9% below this industry median. Based on the distribution chart, Velox Energy Materials ranks #87 out of 1123 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Velox Energy Materials' Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, Velox Energy Materials ranks #87 out of 1123 companies for Net-Net Working Capital. This places Velox Energy Materials in the top 8% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.10. Velox Energy Materials' 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 1,123 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. Velox Energy Materials'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 Velox Energy Materials 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. Velox Energy Materials'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 Velox Energy Materials stock overvalued right now?
Velox Energy Materials (CUIRF) 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. 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 Velox Energy Materials (CUIRF), the current Net-Net Working Capital is $0.01 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.

Velox Energy Materials Business Description

Other Exchanges OJ4:GermanyVLX:Canada
Address 1111 West Hastings, 15th Floor, Vancouver, BC, CAN, V6E 2J3
Velox Energy Materials Inc is an exploration and development company. It is a precious metal explorer company. Its project includes The North Queensland Vanadium Project which is located in northwest Queensland, Australia. The other projects of the company include Kotai Hydrogen Project. The Company conducts its business in a single operating segment, as its exploration resource property in Australia.