OKUR (OnKure Therapeutics) Net-Net Working Capital: $4.18 (As of Jun. 2026)

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OKUR OnKure Therapeutics Inc OKUR
14 GF Score
Price $3.85
! 2 Warning Signs
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What is OnKure Therapeutics Net-Net Working Capital?

OnKure Therapeutics OKUR +0.52% 14 Net-Net Working Capital is $4.18 as of Jun. 2026. GuruFocus rates OKUR with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 809 Biotechnology companies, OnKure Therapeutics ranks better than 94.19% 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.

OnKure Therapeutics's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $4.18.

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

OKUR's Price-to-Net-Net-Working-Capital is ranked better than
94.19% of 809 companies
in the Biotechnology industry
Industry Median: 5.5 vs OKUR: 0.92

OnKure Therapeutics  (NAS:OKUR) 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.


OnKure Therapeutics Net-Net Working Capital Related Terms


OnKure Therapeutics Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for OnKure Therapeutics'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.

OnKure Therapeutics Net-Net Working Capital Chart

OnKure Therapeutics Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
-4.41 -8.07 7.47 3.88

OnKure Therapeutics Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.58 4.72 3.88 4.40 4.18

OKUR vs CRBP, HUMA, ARMP: Net-Net Working Capital Comparison

For the Biotechnology subindustry, OnKure Therapeutics'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.


OnKure Therapeutics Price-to-Net-Net-Working-Capital vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, OnKure Therapeutics's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


OKUR
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OnKure Therapeutics Inc OKUR
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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OnKure Therapeutics Net-Net Working Capital Calculation

OnKure Therapeutics'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)
=(59.05+0.75 * 0+0.5 * 0-5.933
-0-0)/13.674
=3.88

OnKure Therapeutics's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(176.386+0.75 * 0+0.5 * 0-7.245
-0-0)/40.496
=4.18

* 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 $4.18 mean?
OnKure Therapeutics (OKUR) has a Net-Net Working Capital of $4.18 as of Jun. 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 OnKure Therapeutics According to the industry distribution chart, OnKure Therapeutics ranks #47 out of 809 companies in the Biotechnology industry, placing it in the top 5.8%.
Is OnKure Therapeutics' Net-Net Working Capital too high?
OnKure Therapeutics' current Net-Net Working Capital is $4.18. The Biotechnology industry median Net-Net Working Capital is 5.50. OnKure Therapeutics' value of $4.18 is 24% below this industry median. Based on the distribution chart, OnKure Therapeutics ranks #47 out of 809 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, OnKure Therapeutics has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does OnKure Therapeutics' Net-Net Working Capital compare to CRBP and HUMA?
According to the Biotechnology industry distribution chart, OnKure Therapeutics ranks #47 out of 809 companies for Net-Net Working Capital. This places OnKure Therapeutics in the top 6% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 5.50. OnKure Therapeutics' value of $4.18 is 24% 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 Biotechnology company?
The median Net-Net Working Capital among Biotechnology companies is 5.50, based on 809 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. OnKure Therapeutics's current Net-Net Working Capital of $4.18 is 24% 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 OnKure Therapeutics For the Biotechnology industry, the median Net-Net Working Capital is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OnKure Therapeutics's current Net-Net Working Capital is $4.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OnKure Therapeutics stock overvalued right now?
OnKure Therapeutics (OKUR) has a current Net-Net Working Capital of $4.18. The current Net-Net Working Capital is $4.18 and 24% below the Biotechnology industry median of 5.50. OnKure Therapeutics' overall GF Score™ is 14/100 with 2 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 OnKure Therapeutics (OKUR), the current Net-Net Working Capital is $4.18 as of Jun. 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.

OnKure Therapeutics Business Description

Address 6707 Winchester Circle, Suite 400, Boulder, CO, USA, 80301
OnKure Therapeutics Inc is a clinical-stage biopharmaceutical company focused on discovering and developing precision medicines that target biologically validated drivers of cancers underserved by available therapies. The company uses a structure-based drug design platform to develop a pipeline of drug candidates aimed at optimizing efficacy and tolerability. The company has multiple programs focused on targeting oncogenic PI3K?. Its flagship program is OKI-219. The company operates in one operating segment: clinical research.
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