IMC (IMC Rare Earths) Net-Net Working Capital: $-0.07 (As of Mar. 2026)

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What is IMC Rare Earths Net-Net Working Capital?

IMC Rare Earths IMC Net-Net Working Capital is $-0.07 as of Mar. 2026.

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.

IMC Rare Earths's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.07.

The industry rank for IMC Rare Earths's Net-Net Working Capital or its related term are showing as below:

IMC's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 6.9
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

IMC Rare Earths  (AMEX:IMC) 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.

IMC Rare Earths Net-Net Working Capital Related Terms

IMC Rare Earths Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for IMC Rare Earths'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.

IMC Rare Earths Net-Net Working Capital Chart

IMC Rare Earths Annual Data
Trend Mar25 Mar26
Net-Net Working Capital
-0.03 -0.07

IMC Rare Earths Quarterly Data
Mar25 Mar26
Net-Net Working Capital -0.03 -0.07

IMC vs : Net-Net Working Capital Comparison

For the Other Industrial Metals & Mining subindustry, IMC Rare Earths'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.

IMC Rare Earths Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

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

* The bar in red indicates where IMC Rare Earths's Price-to-Net-Net-Working-Capital falls into.


IMC Rare Earths Net-Net Working Capital Calculation

IMC Rare Earths's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.726+0.75 * 0+0.5 * 0-9.988
-0-0)/105.100
=-0.07

IMC Rare Earths'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)
=(2.726+0.75 * 0+0.5 * 0-9.988
-0-0)/105.100
=-0.07

* 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 $-0.07 mean?
IMC Rare Earths (IMC) has a Net-Net Working Capital of $-0.07 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 IMC Rare Earths
Is IMC Rare Earths' Net-Net Working Capital too high?
IMC Rare Earths' current Net-Net Working Capital is $-0.07.
How does IMC Rare Earths' Net-Net Working Capital compare to ?
IMC Rare Earths' Net-Net Working Capital of $-0.07 can be compared against companies in the Metals & Mining industry. The industry median Net-Net Working Capital is 6.90. 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 6.90, based on 1,132 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 IMC Rare Earths For the Metals & Mining industry, the median Net-Net Working Capital is 6.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IMC Rare Earths's current Net-Net Working Capital is $-0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMC Rare Earths stock overvalued right now?
IMC Rare Earths (IMC) has a current Net-Net Working Capital of $-0.07. The current Net-Net Working Capital is $-0.07. 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 IMC Rare Earths (IMC), the current Net-Net Working Capital is $-0.07 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.

IMC Rare Earths Business Description

Comparable Companies
Address Avenida Paulista, 1765, 7th Floor, Sao Paulo, SP, BRA, 0311-930
IMC Rare Earths Ltd is a mineral exploration and development company engaged in the exploration, evaluation and development of minerals and metals in Brazil. Its main REE project is the Itarantim Project located in the States of Bahia and Minas Gerais, Brazil.