Arya Resources (TSXV:RBZ) Net-Net Working Capital: C$0.02 (As of Jan. 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.

TSXV:RBZ Arya Resources Ltd TSXV:RBZ
36 GF Score
Price C$0.36
! 2 Warning Signs
View Full Analysis

What is Arya Resources Net-Net Working Capital?

Arya Resources TSXV:RBZ 36 Net-Net Working Capital is C$0.02 as of Jan. 2026. GuruFocus rates TSXV:RBZ with a GF Score™ of 36/100. The stock has 2 warning signs investors should review. Among 1,149 Metals & Mining companies, Arya Resources ranks worse than 79.81% 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.

Arya Resources's Net-Net Working Capital for the quarter that ended in Jan. 2026 was C$0.02.

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

TSXV:RBZ's Price-to-Net-Net-Working-Capital is ranked worse than
79.81% of 1149 companies
in the Metals & Mining industry
Industry Median: 7.67 vs TSXV:RBZ: 18.00

Arya Resources  (TSXV:RBZ) 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.


Arya Resources Net-Net Working Capital Related Terms


Arya Resources Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Arya 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.

Arya Resources Net-Net Working Capital Chart

Arya Resources Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Apr23 Apr24 Apr25
Net-Net Working Capital
Get a 7-Day Free Trial 0.00 -0.01 0.02 -0.01 -0.01

Arya Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 -0.01 0.02 0.00 0.02

Arya Resources Net-Net Working Capital Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Arya 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.


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

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

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


TSXV:RBZ
36GF Score
Arya Resources Ltd TSXV:RBZ
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arya Resources Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Apr. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.004+0.75 * 0+0.5 * 0-0.2
-0-0)/28.357
=-0.01

Arya 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)
=(1.379+0.75 * 0+0.5 * 0-0.423
-0-0)/43.930
=0.02

* 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 C$0.02 mean?
Arya Resources (TSXV:RBZ) has a Net-Net Working Capital of C$0.02 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 Arya Resources According to the industry distribution chart, Arya Resources ranks #917 out of 1149 companies in the Metals & Mining industry, placing it in the top 79.8%.
Is Arya Resources' Net-Net Working Capital too high?
Arya Resources' current Net-Net Working Capital is C$0.02. Based on the distribution chart, Arya Resources ranks #917 out of 1149 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Arya Resources has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Arya Resources' Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, Arya Resources ranks #917 out of 1149 companies for Net-Net Working Capital. This places Arya Resources in the lower half of its industry. The industry median Net-Net Working Capital is 7.67. 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 7.67, based on 1,149 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 Arya Resources For the Metals & Mining industry, the median Net-Net Working Capital is 7.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arya Resources's current Net-Net Working Capital is C$0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arya Resources stock overvalued right now?
Arya Resources (TSXV:RBZ) has a current Net-Net Working Capital of C$0.02. The current Net-Net Working Capital is C$0.02. Arya Resources' overall GF Score™ is 36/100 with 2 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 Arya Resources (TSXV:RBZ), the current Net-Net Working Capital is C$0.02 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.

Arya Resources Business Description

Address 850 West Hastings Street, Suite 301, Vancouver, BC, CAN, V6C 3J1
Arya Resources Ltd is an exploration stage mining company focused on the acquisition, exploration and development of mineral property interests in Saskatchewan, Canada.
36GF Score

Get the complete analysis for TSXV:RBZ

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

C$0.36
Price