METOF (Meteoric Resources) Net-Net Working Capital: $0.01 (As of Dec. 2025)

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METOF Meteoric Resources Ltd METOF
12 GF Score
Price $0.13
! 4 Warning Signs
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What is Meteoric Resources Net-Net Working Capital?

Meteoric Resources METOF +6.10% 12 Net-Net Working Capital is $0.01 as of Dec. 2025. GuruFocus rates METOF with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 1,131 Metals & Mining companies, Meteoric Resources ranks worse than 78.51% 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.

Meteoric Resources's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $0.01.

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

METOF's Price-to-Net-Net-Working-Capital is ranked worse than
78.51% of 1131 companies
in the Metals & Mining industry
Industry Median: 7.1 vs METOF: 12.95

Meteoric Resources  (OTCPK:METOF) 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.


Meteoric Resources Net-Net Working Capital Related Terms


Meteoric Resources Net-Net Working Capital Historical Data

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The historical data trend for Meteoric 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.

Meteoric Resources Net-Net Working Capital Chart

Meteoric Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.01 0.00

Meteoric Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.01 0.00 0.01 0.00 0.01

Meteoric Resources Net-Net Working Capital Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Meteoric 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.


Meteoric Resources Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

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

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


METOF
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Meteoric Resources Ltd METOF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Meteoric Resources Net-Net Working Capital Calculation

Meteoric Resources's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net-Net Working Capital(A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9.213+0.75 * 0+0.5 * 0.036-5.415
-0-0)/1990.120
=0.00

Meteoric Resources's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21.52+0.75 * 0+0.5 * 0.099-4.29
-0-0)/2643.516
=0.01

* 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 $0.01 mean?
Meteoric Resources (METOF) has a Net-Net Working Capital of $0.01 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 Meteoric Resources According to the industry distribution chart, Meteoric Resources ranks #888 out of 1131 companies in the Metals & Mining industry, placing it in the top 78.5%.
Is Meteoric Resources' Net-Net Working Capital too high?
Meteoric Resources' current Net-Net Working Capital is $0.01. The Metals & Mining industry median Net-Net Working Capital is 7.10. Meteoric Resources' value of $0.01 is 99.9% below this industry median. Based on the distribution chart, Meteoric Resources ranks #888 out of 1131 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Meteoric Resources has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Meteoric Resources' Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, Meteoric Resources ranks #888 out of 1131 companies for Net-Net Working Capital. This places Meteoric Resources in the lower half of its industry. The industry median Net-Net Working Capital is 7.10. Meteoric Resources' value of $0.01 is 99.9% below this benchmark. 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 7.10, based on 1,131 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. Meteoric Resources's current Net-Net Working Capital of $0.01 is 99.9% below the industry median. 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 Meteoric Resources For the Metals & Mining industry, the median Net-Net Working Capital is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meteoric Resources's current Net-Net Working Capital is $0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meteoric Resources stock overvalued right now?
Meteoric Resources (METOF) has a current Net-Net Working Capital of $0.01. The current Net-Net Working Capital is $0.01 and 99.9% below the Metals & Mining industry median of 7.10. Meteoric Resources' overall GF Score™ is 12/100 with 4 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 Meteoric Resources (METOF), the current Net-Net Working Capital is $0.01 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.

Meteoric Resources Business Description

Other Exchanges RNF:GermanyMEI:Australia
Address 35 Ventnor Avenue, Level 1, West Perth, Perth, WA, AUS, 6005
Meteoric Resources NL is an Australian company focused on exploring and developing mineral tenements in Brazil. Its flagship project is the Caldeira Rare Earths Project, comprising several mining exploration and licenses located between the cities of Caldas, Pocos de Caldas, and Andrades in the southwest region of the state of Minas Gerais in Brazil. The rare earth mineralisation at the Caldeira Project is hosted in soft, weathered clays and is enriched in magnet rare earths of dysprosium and terbium (DyTb) and neodymium and praseodymium (NdPr). The company has one reportable segment, being exploration and development activities in Brazil.
12GF Score

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