Vizsla Royalties (TSXV:VROY) Net-Net Working Capital: C$0.03 (As of Jan. 2026)

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TSXV:VROY Vizsla Royalties Corp TSXV:VROY
15 GF Score
Price C$3.32
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What is Vizsla Royalties Net-Net Working Capital?

Vizsla Royalties TSXV:VROY -0.90% 15 Net-Net Working Capital is C$0.03 as of Jan. 2026. GuruFocus rates TSXV:VROY with a GF Score™ of 15/100. Among 1,134 Metals & Mining companies, Vizsla Royalties ranks worse than 97.97% 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.

Vizsla Royalties's Net-Net Working Capital for the quarter that ended in Jan. 2026 was C$0.03.

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

TSXV:VROY's Price-to-Net-Net-Working-Capital is ranked worse than
97.97% of 1134 companies
in the Metals & Mining industry
Industry Median: 7 vs TSXV:VROY: 110.67

Vizsla Royalties  (TSXV:VROY) 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.


Vizsla Royalties Net-Net Working Capital Related Terms


Vizsla Royalties Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Vizsla Royalties'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.

Vizsla Royalties Net-Net Working Capital Chart

Vizsla Royalties Annual Data
Trend Apr23 Apr24 Apr25
Net-Net Working Capital
-0.05 -0.06 0.22

Vizsla Royalties Quarterly Data
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 0.22 0.22 0.04 0.03 0.03

Vizsla Royalties Net-Net Working Capital Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vizsla Royalties'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.


Vizsla Royalties Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

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

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


TSXV:VROY
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Vizsla Royalties Corp TSXV:VROY
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Vizsla Royalties Net-Net Working Capital Calculation

Vizsla Royalties'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)
=(7.728+0.75 * 0+0.5 * 0-0.11
-0-0)/35.020
=0.22

Vizsla Royalties'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)
=(2.705+0.75 * 0+0.5 * 0-0.5
-0-0)/67.354
=0.03

* 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$0.03 mean?
Vizsla Royalties (TSXV:VROY) has a Net-Net Working Capital of C$0.03 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 Vizsla Royalties According to the industry distribution chart, Vizsla Royalties ranks #1111 out of 1134 companies in the Metals & Mining industry, placing it in the top 98%.
Is Vizsla Royalties' Net-Net Working Capital too high?
Vizsla Royalties' current Net-Net Working Capital is C$0.03. Based on the distribution chart, Vizsla Royalties ranks #1111 out of 1134 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Vizsla Royalties has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Vizsla Royalties' Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, Vizsla Royalties ranks #1111 out of 1134 companies for Net-Net Working Capital. This places Vizsla Royalties 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 1,134 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. 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 Vizsla Royalties 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. Vizsla Royalties's current Net-Net Working Capital is C$0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vizsla Royalties stock overvalued right now?
Vizsla Royalties (TSXV:VROY) has a current Net-Net Working Capital of C$0.03. The current Net-Net Working Capital is C$0.03. Vizsla Royalties' overall GF Score™ is 15/100. 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 Vizsla Royalties (TSXV:VROY), the current Net-Net Working Capital is C$0.03 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.

Vizsla Royalties Business Description

Other Exchanges VROYF:USAK2X:Germany
Address 595 Burrard Street, Suite 1723, Vancouver, BC, CAN, V7X 1J1
Vizsla Royalties Corp is a precious metals-focused royalty and streaming company. The company is focused on Panuco Project located in Mexico.
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