THM (International Tower Hill Mines) Net-Net Working Capital: $0.44 (As of Mar. 2026)

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.

THM International Tower Hill Mines Ltd THM
33 GF Score
Price $2.01
View Full Analysis

What is International Tower Hill Mines Net-Net Working Capital?

International Tower Hill Mines THM +1.01% 33 Net-Net Working Capital is $0.44 as of Mar. 2026. GuruFocus rates THM with a GF Score™ of 33/100. Among 1,134 Metals & Mining companies, International Tower Hill Mines ranks better than 66.23% 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.

International Tower Hill Mines's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.44.

The industry rank for International Tower Hill Mines's Net-Net Working Capital or its related term are showing as below:

THM's Price-to-Net-Net-Working-Capital is ranked better than
66.23% of 1134 companies
in the Metals & Mining industry
Industry Median: 7 vs THM: 4.67

International Tower Hill Mines  (AMEX:THM) 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.


International Tower Hill Mines Net-Net Working Capital Related Terms


International Tower Hill Mines Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for International Tower Hill Mines'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.

International Tower Hill Mines Net-Net Working Capital Chart

International Tower Hill Mines 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 0.04 0.02 0.01 0.00 0.00

International Tower Hill Mines 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 0.02 0.01 0.01 0.00 0.44

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

For the Gold subindustry, International Tower Hill Mines'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.


International Tower Hill Mines Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

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

* The bar in red indicates where International Tower Hill Mines's Price-to-Net-Net-Working-Capital falls into.


THM
33GF Score
International Tower Hill Mines Ltd THM
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Tower Hill Mines Net-Net Working Capital Calculation

International Tower Hill Mines'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)
=(1.353+0.75 * 0+0.5 * 0-0.498
-0-0)/207.885
=0.00

International Tower Hill Mines'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)
=(114.69+0.75 * 0+0.5 * 0-0.485
-0-0)/261.637
=0.44

* 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 $0.44 mean?
International Tower Hill Mines (THM) has a Net-Net Working Capital of $0.44 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 International Tower Hill Mines According to the industry distribution chart, International Tower Hill Mines ranks #383 out of 1134 companies in the Metals & Mining industry, placing it in the top 33.8%.
Is International Tower Hill Mines' Net-Net Working Capital too high?
International Tower Hill Mines' current Net-Net Working Capital is $0.44. The Metals & Mining industry median Net-Net Working Capital is 7.00. International Tower Hill Mines' value of $0.44 is 93.7% below this industry median. Based on the distribution chart, International Tower Hill Mines ranks #383 out of 1134 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, International Tower Hill Mines has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does International Tower Hill Mines' Net-Net Working Capital compare to NEM and AU?
According to the Metals & Mining industry distribution chart, International Tower Hill Mines ranks #383 out of 1134 companies for Net-Net Working Capital. This puts International Tower Hill Mines in the upper half of its industry. The industry median Net-Net Working Capital is 7.00. International Tower Hill Mines' value of $0.44 is 93.7% 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 1,134 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. International Tower Hill Mines's current Net-Net Working Capital of $0.44 is 93.7% 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 International Tower Hill Mines 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. International Tower Hill Mines's current Net-Net Working Capital is $0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Tower Hill Mines stock overvalued right now?
International Tower Hill Mines (THM) has a current Net-Net Working Capital of $0.44. The current Net-Net Working Capital is $0.44 and 93.7% below the Metals & Mining industry median of 7.00. International Tower Hill Mines' overall GF Score™ is 33/100. 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 International Tower Hill Mines (THM), the current Net-Net Working Capital is $0.44 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.

International Tower Hill Mines Business Description

Address 200 Burrard Street, Suite 1570, Vancouver, BC, CAN, V6C 3L6
International Tower Hill Mines Ltd is a mining company. It is engaged in the acquisition, exploration, and development of mineral properties. The company holds interests in an exploration project, namely the Livengood Gold Project. It is located in the northwest of Fairbanks, Alaska, in the Tolovana mining district within the Tintina gold belt. The project property consists of land leased from the Alaska Mental Health Trust, several smaller private mineral leases, Alaska state mining claims purchased or located by the company, and the patented ground held by the company.
33GF Score

Get the complete analysis for THM

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

$2.01
Price