RMETF (Rackla Metals) Net-Net Working Capital: $0.04 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RMETF Rackla Metals Inc RMETF
31 GF Score
Price $0.10
! 1 Warning Sign
View Full Analysis

What is Rackla Metals Net-Net Working Capital?

Rackla Metals RMETF +8.07% 31 Net-Net Working Capital is $0.04 as of Dec. 2025. GuruFocus rates RMETF with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 1,131 Metals & Mining companies, Rackla Metals ranks better than 88.15% 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.

Rackla Metals's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $0.04.

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

RMETF's Price-to-Net-Net-Working-Capital is ranked better than
88.15% of 1131 companies
in the Metals & Mining industry
Industry Median: 7 vs RMETF: 1.96

Rackla Metals  (OTCPK:RMETF) 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.


Rackla Metals Net-Net Working Capital Related Terms


Rackla Metals Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Rackla Metals'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.

Rackla Metals Net-Net Working Capital Chart

Rackla Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.04 0.00 0.01 0.04

Rackla Metals Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.01 0.03 0.04 0.04

RMETF vs NEM, AU: Net-Net Working Capital Comparison

For the Gold subindustry, Rackla Metals'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.


Rackla Metals Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

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

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


RMETF
31GF Score
Rackla Metals Inc RMETF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rackla Metals Net-Net Working Capital Calculation

Rackla Metals'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)
=(7.02+0.75 * 0+0.5 * 0-0.276
-0-0)/162.950
=0.04

Rackla Metals'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)
=(7.02+0.75 * 0+0.5 * 0-0.276
-0-0)/162.950
=0.04

* 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 $0.04 mean?
Rackla Metals (RMETF) has a Net-Net Working Capital of $0.04 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 Rackla Metals According to the industry distribution chart, Rackla Metals ranks #134 out of 1131 companies in the Metals & Mining industry, placing it in the top 11.8%.
Is Rackla Metals' Net-Net Working Capital too high?
Rackla Metals' current Net-Net Working Capital is $0.04. The Metals & Mining industry median Net-Net Working Capital is 7.00. Rackla Metals' value of $0.04 is 99.4% below this industry median. Based on the distribution chart, Rackla Metals ranks #134 out of 1131 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Rackla Metals has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Rackla Metals' Net-Net Working Capital compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Rackla Metals ranks #134 out of 1131 companies for Net-Net Working Capital. This places Rackla Metals in the top 12% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.00. Rackla Metals' value of $0.04 is 99.4% 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 7.00, 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. Rackla Metals's current Net-Net Working Capital of $0.04 is 99.4% 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 Rackla Metals For the Metals & Mining industry, the median Net-Net Working Capital is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rackla Metals's current Net-Net Working Capital is $0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rackla Metals stock overvalued right now?
Rackla Metals (RMETF) has a current Net-Net Working Capital of $0.04. The current Net-Net Working Capital is $0.04 and 99.4% below the Metals & Mining industry median of 7.00. Rackla Metals' overall GF Score™ is 31/100 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 Rackla Metals (RMETF), the current Net-Net Working Capital is $0.04 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.

Rackla Metals Business Description

Other Exchanges RLH1:GermanyRAK:Canada
Address 1111 Melville Street, Suite 1000, Vancouver, BC, CAN, V6E 3V6
Rackla Metals Inc is a Canada-based exploration company advancing gold and tungsten projects across the Northwest Territories and Yukon. It is engaged in the acquisition and exploration of mineral properties. All of the company's operations are in Canada. Its projects are Tombstone Belt, Lentung Tungsten Deposit, Lened Rare Earths, and RIRGS Prospects include Calypso, Ogre, Grad-Mantra, Black, and Astro Plutonic Complex. It has one reportable operating segment, being that of acquisition, exploration, and evaluation activities.
31GF Score

Get the complete analysis for RMETF

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.10
Price