DMIFF (Diamcor Mining) Net-Net Working Capital: $-0.03 (As of Dec. 2024)

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DMIFF Diamcor Mining Inc DMIFF
18 GF Score
Price $0.00
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What is Diamcor Mining Net-Net Working Capital?

Diamcor Mining DMIFF 18 Net-Net Working Capital is $-0.03 as of Dec. 2024. GuruFocus rates DMIFF with a GF Score™ of 18/100.

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.

Diamcor Mining's Net-Net Working Capital for the quarter that ended in Dec. 2024 was $-0.03.

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

DMIFF's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 7.04
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Diamcor Mining  (OTCPK:DMIFF) 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.


Diamcor Mining Net-Net Working Capital Related Terms


Diamcor Mining Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Diamcor Mining'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.

Diamcor Mining Net-Net Working Capital Chart

Diamcor Mining Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.09 -0.04 -0.03 -0.05

Diamcor Mining Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.05 -0.05 -0.04 -0.04 -0.03

DMIFF vs AUMN, HL: Net-Net Working Capital Comparison

For the Other Precious Metals & Mining subindustry, Diamcor Mining'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.


Diamcor Mining Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

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

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


DMIFF
18GF Score
Diamcor Mining Inc DMIFF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Diamcor Mining Net-Net Working Capital Calculation

Diamcor Mining's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(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 * 0.029+0.5 * 0.15-9.7
-0--2.702)/128.513
=-0.05

Diamcor Mining's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.009+0.75 * 0+0.5 * 0.152-7.574
-0--3.155)/168.639
=-0.03

* 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 $-0.03 mean?
Diamcor Mining (DMIFF) has a Net-Net Working Capital of $-0.03 as of Dec. 2024. 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 Diamcor Mining
Is Diamcor Mining's Net-Net Working Capital too high?
Diamcor Mining's current Net-Net Working Capital is $-0.03. Overall, Diamcor Mining has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Diamcor Mining's Net-Net Working Capital compare to AUMN and HL?
Diamcor Mining's Net-Net Working Capital of $-0.03 can be compared against companies in the Metals & Mining industry. The industry median Net-Net Working Capital is 7.04. 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 7.04, based on 1,124 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 Diamcor Mining For the Metals & Mining industry, the median Net-Net Working Capital is 7.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diamcor Mining's current Net-Net Working Capital is $-0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamcor Mining stock overvalued right now?
Diamcor Mining (DMIFF) has a current Net-Net Working Capital of $-0.03. The current Net-Net Working Capital is $-0.03. Diamcor Mining's overall GF Score™ is 18/100. 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 Diamcor Mining (DMIFF), the current Net-Net Working Capital is $-0.03 as of Dec. 2024. 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.

Diamcor Mining Business Description

Address 1620 Dickson Avenue, Suite 630, Kelowna, BC, CAN, V1Y 9Y2
Diamcor Mining Inc is a mining and exploration company. It is engaged in the identification, acquisition, exploration, evaluation, operation, and advancement of diamond-based resource properties with a specific focus on the mining segment of the diamond industry through its subsidiaries. Some of its projects include the Krone-Endora at Venetia project. Geographically, it operates in Canada and South Africa.
18GF 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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