SCYRF (NorthPalm Capital) Net-Net Working Capital: $-0.01 (As of Mar. 2026)


What is NorthPalm Capital Net-Net Working Capital?

NorthPalm Capital SCYRF Net-Net Working Capital is $-0.01 as of Mar. 2026. The stock has 6 warning signs investors should review. Among 499 Asset Management companies, NorthPalm Capital ranks worse than 200400.6% 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.

NorthPalm Capital's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.01.

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

SCYRF's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.29
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

NorthPalm Capital  (OTCPK:SCYRF) 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.


NorthPalm Capital Net-Net Working Capital Related Terms


NorthPalm Capital Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for NorthPalm Capital'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.

NorthPalm Capital Net-Net Working Capital Chart

NorthPalm Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 -0.16 -0.11 -0.18 -0.02

NorthPalm Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.05 -0.02 0.00 -0.01

SCYRF vs BLK, BX, KKR: Net-Net Working Capital Comparison

For the Asset Management subindustry, NorthPalm Capital'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.


NorthPalm Capital Price-to-Net-Net-Working-Capital vs Asset Management Industry

For the Asset Management industry and Financial Services sector, NorthPalm Capital's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



NorthPalm Capital Net-Net Working Capital Calculation

NorthPalm Capital's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2025 is calculated as

Net-Net Working Capital(A: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.792+0.75 * 0+0.5 * 0-1.864
-0-0)/47.028
=-0.02

NorthPalm Capital'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)
=(0.292+0.75 * 0+0.5 * 0-0.904
-0-0)/47.078
=-0.01

* 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 $-0.01 mean?
NorthPalm Capital (SCYRF) has a Net-Net Working Capital of $-0.01 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 NorthPalm Capital According to the industry distribution chart, NorthPalm Capital ranks #999999 out of 499 companies in the Asset Management industry.
Is NorthPalm Capital's Net-Net Working Capital too high?
NorthPalm Capital's current Net-Net Working Capital is $-0.01. Based on the distribution chart, NorthPalm Capital ranks #999999 out of 499 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does NorthPalm Capital's Net-Net Working Capital compare to BLK and BX?
According to the Asset Management industry distribution chart, NorthPalm Capital ranks #999999 out of 499 companies for Net-Net Working Capital. This places NorthPalm Capital in the lower half of its industry. The industry median Net-Net Working Capital is 6.29. 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 Asset Management company?
The median Net-Net Working Capital among Asset Management companies is 6.29, based on 499 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 NorthPalm Capital For the Asset Management industry, the median Net-Net Working Capital is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorthPalm Capital's current Net-Net Working Capital is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorthPalm Capital stock overvalued right now?
Based on GuruFocus' analysis, NorthPalm Capital (SCYRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.07 — trading 592.4% above its estimated fair value. The current Net-Net Working Capital is $-0.01. 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 NorthPalm Capital (SCYRF), the current Net-Net Working Capital is $-0.01 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.

NorthPalm Capital Business Description

Other Exchanges EIY:GermanyNP:Canada
Address 1215 Queensway East, Unit 54, Mississauga, ON, CAN, L4Y 0G4
NorthPalm Capital Corp invests in and actively supports a growing portfolio of pioneering and high-upside ventures across the technology sector. It identifies and invests in high-growth opportunities to compound shareholder value over time. The group offers shareholders direct participation in a research-led, AI-augmented investment idea, actively sourcing and allocating capital into high-potential opportunities with discipline.