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Tsodilo ResourcesTSDRF 34 Net-Net Working Capital is $-0.06 as of Jun. 2026. GuruFocus rates TSDRF with a GF Score™ of 34/100. The stock has 4 warning signs investors should review. Among 1,131 Metals & Mining companies, Tsodilo Resources ranks worse than 88417.24% 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.
Tsodilo Resources's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $-0.06.
The industry rank for Tsodilo Resources's Net-Net Working Capital or its related term are showing as below:
TSDRF's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 7 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Tsodilo Resources (OTCPK:TSDRF) 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.
Tsodilo Resources Net-Net Working Capital Related Terms
Tsodilo Resources Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Tsodilo 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.
For the Other Precious Metals & Mining subindustry, Tsodilo 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.
Tsodilo Resources Price-to-Net-Net-Working-Capital vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Tsodilo Resources's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Tsodilo Resources's Price-to-Net-Net-Working-Capital falls into.
* 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 $-0.06 mean?
Tsodilo Resources (TSDRF) has a Net-Net Working Capital of $-0.06 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 Tsodilo Resources According to the industry distribution chart, Tsodilo Resources ranks #999999 out of 1131 companies in the Metals & Mining industry.
Is Tsodilo Resources' Net-Net Working Capital too high?
Tsodilo Resources' current Net-Net Working Capital is $-0.06. Based on the distribution chart, Tsodilo Resources ranks #999999 out of 1131 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Tsodilo Resources has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Tsodilo Resources' Net-Net Working Capital compare to HL?
According to the Metals & Mining industry distribution chart, Tsodilo Resources ranks #999999 out of 1131 companies for Net-Net Working Capital. This places Tsodilo Resources in the lower half of its industry. The industry median Net-Net Working Capital is 7.00. 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. 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 Tsodilo Resources 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. Tsodilo Resources's current Net-Net Working Capital is $-0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsodilo Resources stock overvalued right now?
Tsodilo Resources (TSDRF) has a current Net-Net Working Capital of $-0.06. The current Net-Net Working Capital is $-0.06. Tsodilo Resources' overall GF Score™ is 34/100 with 4 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 Tsodilo Resources (TSDRF), the current Net-Net Working Capital is $-0.06 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.
Tsodilo Resources Ltd is an international resource exploration company engaged in the search for economic metal and diamond deposits at its Gcwihaba and Bosoto projects in Botswana. The company has a 100% stake in its Gcwihaba project area, consisting of five metal (base, precious, platinum group, and rare earth) prospecting licenses all located in the North-West district of Botswana. The company has a 100% stake in Bosoto (Pty) Ltd. which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana.
34GF Score
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