QZMRF (Quartz Mountain Resources) Net-Net Working Capital: $0.03 (As of Jan. 2026)

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QZMRF Quartz Mountain Resources Ltd QZMRF
28 GF Score
Price $0.32
! 1 Warning Sign
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What is Quartz Mountain Resources Net-Net Working Capital?

Quartz Mountain Resources QZMRF -9.10% 28 Net-Net Working Capital is $0.03 as of Jan. 2026. GuruFocus rates QZMRF with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 1,156 Metals & Mining companies, Quartz Mountain Resources ranks worse than 61.94% 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.

Quartz Mountain Resources's Net-Net Working Capital for the quarter that ended in Jan. 2026 was $0.03.

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

QZMRF's Price-to-Net-Net-Working-Capital is ranked worse than
61.94% of 1156 companies
in the Metals & Mining industry
Industry Median: 7.5 vs QZMRF: 8.00

Quartz Mountain Resources  (OTCPK:QZMRF) 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.


Quartz Mountain Resources Net-Net Working Capital Related Terms


Quartz Mountain Resources Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Quartz Mountain 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.

Quartz Mountain Resources Net-Net Working Capital Chart

Quartz Mountain Resources Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.02 0.03

Quartz Mountain Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.04 0.03 0.03 0.03

Quartz Mountain Resources Net-Net Working Capital Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Quartz Mountain 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.


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

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

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


QZMRF
28GF Score
Quartz Mountain Resources Ltd QZMRF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Quartz Mountain Resources Net-Net Working Capital Calculation

Quartz Mountain Resources's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jul. 2025 is calculated as

Net-Net Working Capital(A: Jul. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.247+0.75 * 0+0.5 * 0-0.205
-0-0)/69.648
=0.03

Quartz Mountain Resources's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2026 is calculated as

Net-Net Working Capital(Q: Jan. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.624+0.75 * 0+0.5 * 0-0.123
-0-0)/72.312
=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?
Quartz Mountain Resources (QZMRF) has a Net-Net Working Capital of $0.03 as of Jan. 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 Quartz Mountain Resources According to the industry distribution chart, Quartz Mountain Resources ranks #716 out of 1156 companies in the Metals & Mining industry, placing it in the top 61.9%.
Is Quartz Mountain Resources' Net-Net Working Capital too high?
Quartz Mountain Resources' current Net-Net Working Capital is $0.03. The Metals & Mining industry median Net-Net Working Capital is 7.50. Quartz Mountain Resources' value of $0.03 is 99.6% below this industry median. Based on the distribution chart, Quartz Mountain Resources ranks #716 out of 1156 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Quartz Mountain Resources has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Quartz Mountain Resources' Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, Quartz Mountain Resources ranks #716 out of 1156 companies for Net-Net Working Capital. This places Quartz Mountain Resources in the lower half of its industry. The industry median Net-Net Working Capital is 7.50. Quartz Mountain Resources' 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 a Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 7.50, based on 1,156 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. Quartz Mountain Resources'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 Quartz Mountain Resources For the Metals & Mining industry, the median Net-Net Working Capital is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quartz Mountain Resources'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 Quartz Mountain Resources stock overvalued right now?
Quartz Mountain Resources (QZMRF) has a current Net-Net Working Capital of $0.03. The current Net-Net Working Capital is $0.03 and 99.6% below the Metals & Mining industry median of 7.50. Quartz Mountain Resources' overall GF Score™ is 28/100 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 Quartz Mountain Resources (QZMRF), the current Net-Net Working Capital is $0.03 as of Jan. 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.

Quartz Mountain Resources Business Description

Other Exchanges QZM:Canada
Address 1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Quartz Mountain Resources Ltd is in the business of exploring and developing mineral properties in Canada. It is focused on acquiring, exploring, developing, and transacting important scale gold, silver, and copper deposits in British Columbia. The projects that the company holds an interest in are the Maestro project and the Jake project. All the company's assets are located in Canada.
28GF Score

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$0.32
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