NSURF (North Shore Uranium) Net-Net Working Capital: $0.03 (As of Mar. 2026)

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NSURF North Shore Uranium Ltd NSURF
15 GF Score
Price $0.14
! 1 Warning Sign
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What is North Shore Uranium Net-Net Working Capital?

North Shore Uranium NSURF -12.56% 15 Net-Net Working Capital is $0.03 as of Mar. 2026. GuruFocus rates NSURF with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 64 Other Energy Sources companies, North Shore Uranium ranks better than 56.25% 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.

North Shore Uranium's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.03.

The industry rank for North Shore Uranium's Net-Net Working Capital or its related term are showing as below:

NSURF's Price-to-Net-Net-Working-Capital is ranked better than
56.25% of 64 companies
in the Other Energy Sources industry
Industry Median: 7.425 vs NSURF: 6.76

North Shore Uranium  (OTCPK:NSURF) 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.


North Shore Uranium Net-Net Working Capital Related Terms


North Shore Uranium Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for North Shore Uranium'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.

North Shore Uranium Net-Net Working Capital Chart

North Shore Uranium Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
0.00 0.00 0.04 0.00 0.03

North Shore Uranium Quarterly Data
Dec21 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 0.00 -0.01 0.01 0.03 0.03

NSURF vs : Net-Net Working Capital Comparison

For the Uranium subindustry, North Shore Uranium'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.


North Shore Uranium Price-to-Net-Net-Working-Capital vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, North Shore Uranium's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where North Shore Uranium's Price-to-Net-Net-Working-Capital falls into.


NSURF
15GF Score
North Shore Uranium Ltd NSURF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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North Shore Uranium Net-Net Working Capital Calculation

North Shore Uranium'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)
=(2.224+0.75 * 0+0.5 * 0-0.053
-0-0)/75.167
=0.03

North Shore Uranium'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)
=(3.091+0.75 * 0+0.5 * 0-0.039
-0-0)/88.455
=0.03

* 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 $0.03 mean?
North Shore Uranium (NSURF) has a Net-Net Working Capital of $0.03 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 North Shore Uranium According to the industry distribution chart, North Shore Uranium ranks #28 out of 64 companies in the Other Energy Sources industry, placing it in the top 43.7%.
Is North Shore Uranium's Net-Net Working Capital too high?
North Shore Uranium's current Net-Net Working Capital is $0.03. The Other Energy Sources industry median Net-Net Working Capital is 7.43. North Shore Uranium's value of $0.03 is 99.6% below this industry median. Based on the distribution chart, North Shore Uranium ranks #28 out of 64 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, North Shore Uranium has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does North Shore Uranium's Net-Net Working Capital compare to ?
According to the Other Energy Sources industry distribution chart, North Shore Uranium ranks #28 out of 64 companies for Net-Net Working Capital. This puts North Shore Uranium in the upper half of its industry. The industry median Net-Net Working Capital is 7.43. North Shore Uranium's value of $0.03 is 99.6% 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 an Other Energy Sources company?
The median Net-Net Working Capital among Other Energy Sources companies is 7.43, based on 64 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. North Shore Uranium's current Net-Net Working Capital of $0.03 is 99.6% 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 North Shore Uranium For the Other Energy Sources industry, the median Net-Net Working Capital is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Shore Uranium's current Net-Net Working Capital is $0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Shore Uranium stock overvalued right now?
North Shore Uranium (NSURF) has a current Net-Net Working Capital of $0.03. The current Net-Net Working Capital is $0.03 and 99.6% below the Other Energy Sources industry median of 7.43. North Shore Uranium's overall GF Score™ is 15/100 with 1 warning sign 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 North Shore Uranium (NSURF), the current Net-Net Working Capital is $0.03 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.

North Shore Uranium Business Description

Comparable Companies
Other Exchanges NSU:Canada
Address 15782 Marine Drive, Unit 1, White Rock, BC, CAN, V4B 1E6
North Shore Uranium Ltd is a mineral exploration company, and is engaged in the exploration and, if warranted, development of uranium properties. The company's objective is to conduct exploration programs on its three properties, the Falcon Property and the West Bear Property, the Rio Puerco uranium property, New Mexico, USA, and evaluate opportunities to increase its portfolio of properties in the region. The Company operates in a single segment, being mineral exploration and evaluation.
15GF Score

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