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Minera IRLMRLLF 33 Net-Net Working Capital is $-0.75 as of Mar. 2026. GuruFocus rates MRLLF with a GF Score™ of 33/100 and a GF Value™ of $0.30. The stock has 6 warning signs investors should review. Among 1,132 Metals & Mining companies, Minera IRL ranks worse than 88339.13% 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.
Minera IRL's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.75.
The industry rank for Minera IRL's Net-Net Working Capital or its related term are showing as below:
MRLLF'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.
Minera IRL (OTCPK:MRLLF) 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.
Minera IRL Net-Net Working Capital Related Terms
Minera IRL Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Minera IRL'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.
MRLLF vs AUST, RYES, BGL: Net-Net Working Capital Comparison
For the Gold subindustry, Minera IRL'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.
Minera IRL Price-to-Net-Net-Working-Capital vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Minera IRL's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Minera IRL'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 $-0.75 mean?
Minera IRL (MRLLF) has a Net-Net Working Capital of $-0.75 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 Minera IRL According to the industry distribution chart, Minera IRL ranks #999999 out of 1132 companies in the Metals & Mining industry.
Is Minera IRL's Net-Net Working Capital too high?
Minera IRL's current Net-Net Working Capital is $-0.75. Based on the distribution chart, Minera IRL ranks #999999 out of 1132 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Minera IRL has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Minera IRL's Net-Net Working Capital compare to AUST and RYES?
According to the Metals & Mining industry distribution chart, Minera IRL ranks #999999 out of 1132 companies for Net-Net Working Capital. This places Minera IRL in the lower half of its 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 Minera IRL 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. Minera IRL's current Net-Net Working Capital is $-0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minera IRL stock overvalued right now?
Minera IRL (MRLLF) has a current Net-Net Working Capital of $-0.75. The stock's GF Value™ is $0.30, compared to a current price of $0.15 — trading 50% below its estimated fair value. The current Net-Net Working Capital is $-0.75. Minera IRL's overall GF Score™ is 33/100 with 6 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 Minera IRL (MRLLF), the current Net-Net Working Capital is $-0.75 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.
Is Minera IRL (MRLLF) Overvalued in 2026?
Based on GuruFocus' analysis, Minera IRL stock appears to be undervalued.
The current stock price of $0.15 is trading 50% below its estimated GF Value™ of $0.30.
Key valuation signals for MRLLF:
Net-Net Working Capital: $-0.75
GF Value™: $0.30 vs. price of $0.15 (50% below fair value)
No single metric tells the full story. See the MRLLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minera IRL Ltd is engaged in the development and operation of gold mines in Peru. It is engaged in the exploration, development and operation of mines for the extraction of metals. It operates the Corihuarmi Gold Mine and owns the Ollachea Project through its subsidiaries. The Ollachea Project has a completed feasibility study and environmental and construction permits.
33GF Score
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