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Kinetic Development GroupKDGLF 79 Net-Net Working Capital is $-0.06 as of Dec. 2025. GuruFocus rates KDGLF with a GF Score™ of 79/100. The stock has 9 warning signs investors should review. Among 66 Other Energy Sources companies, Kinetic Development Group ranks worse than 1515150% 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.
Kinetic Development Group's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $-0.06.
The industry rank for Kinetic Development Group's Net-Net Working Capital or its related term are showing as below:
KDGLF's Price-to-Net-Net-Working-Capital is not ranked *
in the Other Energy Sources industry.
Industry Median: 7.5 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Kinetic Development Group (OTCPK:KDGLF) 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.
Kinetic Development Group Net-Net Working Capital Related Terms
Kinetic Development Group Net-Net Working Capital Historical Data
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The historical data trend for Kinetic Development Group'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.
Kinetic Development Group Net-Net Working Capital Chart
Kinetic Development Group Net-Net Working Capital Competitor Comparison
For the Thermal Coal subindustry, Kinetic Development Group'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.
Kinetic Development Group Price-to-Net-Net-Working-Capital vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Kinetic Development Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Kinetic Development Group'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 $-0.06 mean?
Kinetic Development Group (KDGLF) has a Net-Net Working Capital of $-0.06 as of Dec. 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 Kinetic Development Group According to the industry distribution chart, Kinetic Development Group ranks #999999 out of 66 companies in the Other Energy Sources industry.
Is Kinetic Development Group's Net-Net Working Capital too high?
Kinetic Development Group's current Net-Net Working Capital is $-0.06. Based on the distribution chart, Kinetic Development Group ranks #999999 out of 66 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Kinetic Development Group has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Kinetic Development Group's Net-Net Working Capital compare to competitors?
According to the Other Energy Sources industry distribution chart, Kinetic Development Group ranks #999999 out of 66 companies for Net-Net Working Capital. This places Kinetic Development Group in the lower half of its industry. The industry median Net-Net Working Capital is 7.50. 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 Other Energy Sources company?
The median Net-Net Working Capital among Other Energy Sources companies is 7.50, based on 66 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 Kinetic Development Group For the Other Energy Sources industry, the median Net-Net Working Capital is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinetic Development Group's current Net-Net Working Capital is $-0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinetic Development Group stock overvalued right now?
Kinetic Development Group (KDGLF) has a current Net-Net Working Capital of $-0.06. The current Net-Net Working Capital is $-0.06. Kinetic Development Group's overall GF Score™ is 79/100 with 9 warning signs to review. 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 Kinetic Development Group (KDGLF), the current Net-Net Working Capital is $-0.06 as of Dec. 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.
Kinetic Development Group Ltd is engaged in the extraction and sales of coal products. It also operates in other activities, which include coal production and washing, coal loading and transportation, and coal trading. Its customer base includes large-scale state-owned enterprises, trading firms, and terminal power plants. The company focuses on the development and operation of the Dafanpu Coal Mine situated in Erdos City, the Xiaojia loading station, and its associated rail spur lines. The reportable segments of the company are the coal mining segment, the real estate and property management segment, and the other segment, which mainly includes agriculture and animal husbandry, and the cigar and tobacco.
79GF Score
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