DROP (Fuse Science) Net-Net Working Capital: $0.00 (As of Mar. 2026)

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What is Fuse Science Net-Net Working Capital?

Fuse Science DROP +3.57% Net-Net Working Capital is $0.00 as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,258 Software companies, Fuse Science ranks worse than 79491.18% 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.

Fuse Science's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.00.

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

DROP's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 6.745
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Fuse Science  (OTCPK:DROP) 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.


Fuse Science Net-Net Working Capital Related Terms


Fuse Science Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Fuse Science'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.

Fuse Science Net-Net Working Capital Chart

Fuse Science Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.43 -12.05 -10.52 -9.35 -0.14

Fuse Science Semi-Annual Data
Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar25 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 -9.35 -0.14 -0.14 0.00 0.00

DROP vs SMKG, GMTH, ATDS: Net-Net Working Capital Comparison

For the Software - Infrastructure subindustry, Fuse Science'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.


Fuse Science Price-to-Net-Net-Working-Capital vs Software Industry

For the Software industry and Technology sector, Fuse Science's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Fuse Science Net-Net Working Capital Calculation

Fuse Science's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2015 is calculated as

Net-Net Working Capital(A: Sep. 2015 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.099+0.75 * 0.002+0.5 * 0-0.95
-0.008-10.384)/80.000
=-0.14

Fuse Science'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)
=(0+0.75 * 0+0.5 * 0-0.006
-0.008-0)/250.000
=-0.00

* 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?
Fuse Science (DROP) has a Net-Net Working Capital of $0.00 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 Fuse Science According to the industry distribution chart, Fuse Science ranks #999999 out of 1258 companies in the Software industry.
Is Fuse Science's Net-Net Working Capital too high?
Fuse Science's current Net-Net Working Capital is $0.00. Based on the distribution chart, Fuse Science ranks #999999 out of 1258 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Fuse Science's Net-Net Working Capital compare to SMKG and GMTH?
According to the Software industry distribution chart, Fuse Science ranks #999999 out of 1258 companies for Net-Net Working Capital. This places Fuse Science in the lower half of its industry. The industry median Net-Net Working Capital is 6.75. 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 Software company?
The median Net-Net Working Capital among Software companies is 6.75, based on 1,258 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 Fuse Science For the Software industry, the median Net-Net Working Capital is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuse Science'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 Fuse Science stock overvalued right now?
Fuse Science (DROP) has a current Net-Net Working Capital of $0.00. The current Net-Net Working Capital is $0.00. 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 Fuse Science (DROP), the current Net-Net Working Capital is $0.00 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.

Fuse Science Business Description

Address 1011 Hinterland Crt, Oshawa, ON, CAN, L1K 2M6
Fuse Science Inc operates Trainday, a cloud-based workforce learning management system. It is a software company that created and maintains the Trainday platform, enabling companies to create data-driven employee and staff training solutions leveraging artificial intelligence and relevant data sources. The platform focuses on creating tailored training modules that are engaging and impactful, allowing companies to develop personalized learning paths and training programs based on the needs of each business. Industries in focus include healthcare, retail, travel, hospitality, manufacturing, finance, government services, and construction. Trainday works to accelerate the transition from industry or company-specific events to full operational readiness.