NanoEcho AB (publ) (FRA:XT4) Net-Net Working Capital: €0.00 (As of Mar. 2026)

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What is NanoEcho AB (publ) Net-Net Working Capital?

NanoEcho AB (publ) FRA:XT4 Net-Net Working Capital is €0.00 as of Mar. 2026. The stock has 1 warning sign investors should review. Among 856 Biotechnology companies, NanoEcho AB (publ) ranks worse than 116822.31% 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.

NanoEcho AB (publ)'s Net-Net Working Capital for the quarter that ended in Mar. 2026 was €0.00.

The industry rank for NanoEcho AB (publ)'s Net-Net Working Capital or its related term are showing as below:

FRA:XT4's Price-to-Net-Net-Working-Capital is not ranked *
in the Biotechnology industry.
Industry Median: 5.065
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

NanoEcho AB (publ)  (FRA:XT4) 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.


NanoEcho AB (publ) Net-Net Working Capital Related Terms


NanoEcho AB (publ) Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for NanoEcho AB (publ)'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.

NanoEcho AB (publ) Net-Net Working Capital Chart

NanoEcho AB (publ) Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
0.00 0.01 0.00 0.00

NanoEcho AB (publ) Quarterly Data
Dec22 Mar23 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 0.00 0.00 0.00 0.00 0.00

FRA:XT4 vs VRTX, REGN, RVMD: Net-Net Working Capital Comparison

For the Biotechnology subindustry, NanoEcho AB (publ)'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.


NanoEcho AB (publ) Price-to-Net-Net-Working-Capital vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, NanoEcho AB (publ)'s Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where NanoEcho AB (publ)'s Price-to-Net-Net-Working-Capital falls into.



NanoEcho AB (publ) Net-Net Working Capital Calculation

NanoEcho AB (publ)'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)
=(0.195+0.75 * 0+0.5 * 0-0.339
-0-0)/304.563
=-0.00

NanoEcho AB (publ)'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)
=(0.398+0.75 * 0.003+0.5 * 0-0.418
-0-0)/433.940
=-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?
NanoEcho AB (publ) (FRA:XT4) 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 NanoEcho AB (publ) According to the industry distribution chart, NanoEcho AB (publ) ranks #999999 out of 856 companies in the Biotechnology industry.
Is NanoEcho AB (publ)'s Net-Net Working Capital too high?
NanoEcho AB (publ)'s current Net-Net Working Capital is €0.00. Based on the distribution chart, NanoEcho AB (publ) ranks #999999 out of 856 companies in the Biotechnology industry, which is in the bottom quartile relative to peers.
How does NanoEcho AB (publ)'s Net-Net Working Capital compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, NanoEcho AB (publ) ranks #999999 out of 856 companies for Net-Net Working Capital. This places NanoEcho AB (publ) in the lower half of its industry. The industry median Net-Net Working Capital is 5.07. 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 5.07, based on 856 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 NanoEcho AB (publ) For the Biotechnology industry, the median Net-Net Working Capital is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NanoEcho AB (publ)'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 NanoEcho AB (publ) stock overvalued right now?
NanoEcho AB (publ) (FRA:XT4) 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 NanoEcho AB (publ) (FRA:XT4), 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.

NanoEcho AB (publ) Business Description

Other Exchanges NANECH:Sweden
Address Scheelevagen 19, Lund, SWE, 223 63
NanoEcho AB (publ) is a Swedish medical technology company. The company is developing a new diagnostic method to track rectal cancer's effect on nearby lymph nodes for the generation of health economic gains. The company's imaging technology is based on a new medical method where nanotechnology is combined with modern ultrasound technology to improve diagnosis methods.