V Ten Metals (TSXV:VTEN) Net-Net Working Capital: C$-0.07 (As of Dec. 2025)

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TSXV:VTEN V Ten Metals Corp TSXV:VTEN
17 GF Score
Price C$0.58
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What is V Ten Metals Net-Net Working Capital?

V Ten Metals TSXV:VTEN 17 Net-Net Working Capital is C$-0.07 as of Dec. 2025. GuruFocus rates TSXV:VTEN with a GF Score™ of 17/100. Among 1,131 Metals & Mining companies, V Ten Metals 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.

V Ten Metals's Net-Net Working Capital for the quarter that ended in Dec. 2025 was C$-0.07.

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

TSXV:VTEN's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 7.01
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

V Ten Metals  (TSXV:VTEN) 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.


V Ten Metals Net-Net Working Capital Related Terms


V Ten Metals Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for V Ten Metals'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.

V Ten Metals Net-Net Working Capital Chart

V Ten Metals Annual Data
Trend Jun24
Net-Net Working Capital
-0.06

V Ten Metals Quarterly Data
Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial 0.00 0.00 -0.06 -0.07 -0.07

V Ten Metals Net-Net Working Capital Competitor Comparison

For the Other Industrial Metals & Mining subindustry, V Ten Metals'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.


V Ten Metals Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

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

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


TSXV:VTEN
17GF Score
V Ten Metals Corp TSXV:VTEN
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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V Ten Metals Net-Net Working Capital Calculation

V Ten Metals's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net-Net Working Capital(A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.001+0.75 * 0+0.5 * 0-1.473
-0-0)/25.515
=-0.06

V Ten Metals's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 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 * 0-1.787
-0-0)/25.515
=-0.07

* 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$-0.07 mean?
V Ten Metals (TSXV:VTEN) has a Net-Net Working Capital of C$-0.07 as of Dec. 2025. 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 V Ten Metals According to the industry distribution chart, V Ten Metals ranks #999999 out of 1131 companies in the Metals & Mining industry.
Is V Ten Metals' Net-Net Working Capital too high?
V Ten Metals' current Net-Net Working Capital is C$-0.07. Based on the distribution chart, V Ten Metals ranks #999999 out of 1131 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, V Ten Metals has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does V Ten Metals' Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, V Ten Metals ranks #999999 out of 1131 companies for Net-Net Working Capital. This places V Ten Metals in the lower half of its industry. The industry median Net-Net Working Capital is 7.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 7.01, based on 1,131 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on V Ten Metals For the Metals & Mining industry, the median Net-Net Working Capital is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V Ten Metals's current Net-Net Working Capital is C$-0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V Ten Metals stock overvalued right now?
V Ten Metals (TSXV:VTEN) has a current Net-Net Working Capital of C$-0.07. The current Net-Net Working Capital is C$-0.07. V Ten Metals' overall GF Score™ is 17/100. 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 V Ten Metals (TSXV:VTEN), the current Net-Net Working Capital is C$-0.07 as of Dec. 2025. 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.

V Ten Metals Business Description

Address 409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
V Ten Metals Corp is a Canadian mineral exploration company targeting high value metals such as gold , nickel, copper, PGE, and heavy rare earth elements (HREE). It is currently focused on the Tanami NT Project, located in a prospective gold district of the Northern Territory of Australia.
17GF Score

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