KRLTF (Karnalyte Resources) Net-Net Working Capital: $-0.04 (As of Mar. 2026)

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KRLTF Karnalyte Resources Inc KRLTF
32 GF Score
Price $0.18
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What is Karnalyte Resources Net-Net Working Capital?

Karnalyte Resources KRLTF 32 Net-Net Working Capital is $-0.04 as of Mar. 2026. GuruFocus rates KRLTF with a GF Score™ of 32/100. Among 85 Agriculture companies, Karnalyte Resources ranks worse than 1176469.41% 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.

Karnalyte Resources's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.04.

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

KRLTF's Price-to-Net-Net-Working-Capital is not ranked *
in the Agriculture industry.
Industry Median: 7.99
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Karnalyte Resources  (OTCPK:KRLTF) 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.


Karnalyte Resources Net-Net Working Capital Related Terms


Karnalyte Resources Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Karnalyte Resources'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.

Karnalyte Resources Net-Net Working Capital Chart

Karnalyte Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.02 0.01 -0.02 -0.03

Karnalyte Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.02 -0.02 -0.03 -0.04

KRLTF vs CTVA, CF, MOS: Net-Net Working Capital Comparison

For the Agricultural Inputs subindustry, Karnalyte Resources'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.


Karnalyte Resources Price-to-Net-Net-Working-Capital vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Karnalyte Resources's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


KRLTF
32GF Score
Karnalyte Resources Inc KRLTF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Karnalyte Resources Net-Net Working Capital Calculation

Karnalyte Resources'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)
=(0.254+0.75 * 0.046+0.5 * 0-1.662
-0-0)/53.284
=-0.03

Karnalyte Resources'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)
=(0.07+0.75 * 0.055+0.5 * 0-2.035
-0-0)/53.284
=-0.04

* 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 $-0.04 mean?
Karnalyte Resources (KRLTF) has a Net-Net Working Capital of $-0.04 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 Karnalyte Resources According to the industry distribution chart, Karnalyte Resources ranks #999999 out of 85 companies in the Agriculture industry.
Is Karnalyte Resources' Net-Net Working Capital too high?
Karnalyte Resources' current Net-Net Working Capital is $-0.04. Based on the distribution chart, Karnalyte Resources ranks #999999 out of 85 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Karnalyte Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Karnalyte Resources' Net-Net Working Capital compare to CTVA and CF?
According to the Agriculture industry distribution chart, Karnalyte Resources ranks #999999 out of 85 companies for Net-Net Working Capital. This places Karnalyte Resources in the lower half of its industry. The industry median Net-Net Working Capital is 7.99. 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 Agriculture company?
The median Net-Net Working Capital among Agriculture companies is 7.99, based on 85 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 Karnalyte Resources For the Agriculture industry, the median Net-Net Working Capital is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnalyte Resources's current Net-Net Working Capital is $-0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnalyte Resources stock overvalued right now?
Karnalyte Resources (KRLTF) has a current Net-Net Working Capital of $-0.04. The current Net-Net Working Capital is $-0.04. Karnalyte Resources' overall GF Score™ is 32/100. 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 Karnalyte Resources (KRLTF), the current Net-Net Working Capital is $-0.04 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.

Karnalyte Resources Business Description

Other Exchanges KRN:Canada
Address 409 3rd Avenue S, Suite 1201, Saskatoon, SK, CAN, S7K 5R5
Karnalyte Resources Inc is focused on the development of potash and magnesium operations in Saskatchewan, Canada. Its potash project in Wynyard, Saskatchewan (the Wynyard Project) is a proposed potash mine utilizing conventional solution mining methods for the production of white granular potash product (KCl 97) with low sodium content. The company has also done a preliminary feasibility study for the production of Hydromagnesite and MgCl2 brine.
32GF Score

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