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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.
Visionary Holdings's Net-Net Working Capital for the quarter that ended in Mar. 2025 was $-10.23.
The industry rank for Visionary Holdings's Net-Net Working Capital or its related term are showing as below:
GVHGF's Price-to-Net-Net-Working-Capital is not ranked *
in the Education industry.
Industry Median: 5.06 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Visionary Holdings (OTCPK:GVHGF) 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.
Visionary Holdings Net-Net Working Capital Related Terms
Visionary Holdings Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Visionary Holdings'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.
GVHGF vs FCHL, BRWC, VSA: Net-Net Working Capital Comparison
For the Education & Training Services subindustry, Visionary Holdings'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.
Visionary Holdings Price-to-Net-Net-Working-Capital vs Education Industry
For the Education industry and Consumer Defensive sector, Visionary Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Visionary Holdings'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 $-10.23 mean?
Visionary Holdings (GVHGF) has a Net-Net Working Capital of $-10.23 as of Mar. 2025. 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 Visionary Holdings
Is Visionary Holdings' Net-Net Working Capital too high?
Visionary Holdings' current Net-Net Working Capital is $-10.23. Overall, Visionary Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Visionary Holdings' Net-Net Working Capital compare to FCHL and BRWC?
Visionary Holdings' Net-Net Working Capital of $-10.23 can be compared against companies in the Education industry. The industry median Net-Net Working Capital is 5.06. 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 an Education company?
The median Net-Net Working Capital among Education companies is 5.06, based on 93 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 Visionary Holdings For the Education industry, the median Net-Net Working Capital is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visionary Holdings's current Net-Net Working Capital is $-10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visionary Holdings stock overvalued right now?
Visionary Holdings (GVHGF) has a current Net-Net Working Capital of $-10.23. The current Net-Net Working Capital is $-10.23. Visionary Holdings' overall GF Score™ is 44/100. 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 Visionary Holdings (GVHGF), the current Net-Net Working Capital is $-10.23 as of Mar. 2025. 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.
Visionary Holdings Inc is a private education providing company located in Canada, with subsidiaries in Canada and market partners in China, that offers high-quality education resources to students around the globe. The company aims to provide access to secondary, college, undergraduate and graduate, and vocational education to students in Canada through technological innovation so that more people can learn, grow, and succeed to their full potential. As a fully integrated provider of educational programs and services in Canada, the company has been serving and will continue to serve both Canadian and international students.
44GF Score
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