VLMGF (Viscount Mining) Net-Net Working Capital: $0.03 (As of May. 2026)

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VLMGF Viscount Mining Corp VLMGF
29 GF Score
Price $0.21
! 1 Warning Sign
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What is Viscount Mining Net-Net Working Capital?

Viscount Mining VLMGF -0.48% 29 Net-Net Working Capital is $0.03 as of May. 2026. GuruFocus rates VLMGF with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 1,140 Metals & Mining companies, Viscount Mining ranks worse than 51.4% 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.

Viscount Mining's Net-Net Working Capital for the quarter that ended in May. 2026 was $0.03.

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

VLMGF's Price-to-Net-Net-Working-Capital is ranked worse than
51.4% of 1140 companies
in the Metals & Mining industry
Industry Median: 7.175 vs VLMGF: 6.97

Viscount Mining  (OTCPK:VLMGF) 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.


Viscount Mining Net-Net Working Capital Related Terms


Viscount Mining Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Viscount Mining'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.

Viscount Mining Net-Net Working Capital Chart

Viscount Mining Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 -0.01 0.01 0.01

Viscount Mining Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.01 0.00 0.03

VLMGF vs HL: Net-Net Working Capital Comparison

For the Other Precious Metals & Mining subindustry, Viscount Mining'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.


Viscount Mining Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

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

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


VLMGF
29GF Score
Viscount Mining Corp VLMGF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Viscount Mining Net-Net Working Capital Calculation

Viscount Mining's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Aug. 2025 is calculated as

Net-Net Working Capital(A: Aug. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.207+0.75 * 0+0.5 * 0-0.302
-0-0)/112.427
=0.01

Viscount Mining's Net-Net Working Capital (NNWC) per share for the quarter that ended in May. 2026 is calculated as

Net-Net Working Capital(Q: May. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.259+0.75 * 0.055+0.5 * 0-0.167
-0-0)/120.225
=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 $0.03 mean?
Viscount Mining (VLMGF) has a Net-Net Working Capital of $0.03 as of May. 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 Viscount Mining According to the industry distribution chart, Viscount Mining ranks #586 out of 1140 companies in the Metals & Mining industry, placing it in the top 51.4%.
Is Viscount Mining's Net-Net Working Capital too high?
Viscount Mining's current Net-Net Working Capital is $0.03. The Metals & Mining industry median Net-Net Working Capital is 7.18. Viscount Mining's value of $0.03 is 99.6% below this industry median. Based on the distribution chart, Viscount Mining ranks #586 out of 1140 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Viscount Mining has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Viscount Mining's Net-Net Working Capital compare to HL?
According to the Metals & Mining industry distribution chart, Viscount Mining ranks #586 out of 1140 companies for Net-Net Working Capital. This places Viscount Mining in the lower half of its industry. The industry median Net-Net Working Capital is 7.18. Viscount Mining's value of $0.03 is 99.6% 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 7.18, based on 1,140 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. Viscount Mining's current Net-Net Working Capital of $0.03 is 99.6% 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 Viscount Mining For the Metals & Mining industry, the median Net-Net Working Capital is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viscount Mining's current Net-Net Working Capital is $0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viscount Mining stock overvalued right now?
Viscount Mining (VLMGF) has a current Net-Net Working Capital of $0.03. The current Net-Net Working Capital is $0.03 and 99.6% below the Metals & Mining industry median of 7.18. Viscount Mining's overall GF Score™ is 29/100 with 1 warning sign 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 Viscount Mining (VLMGF), the current Net-Net Working Capital is $0.03 as of May. 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.

Viscount Mining Business Description

Other Exchanges 7VM:GermanyVML:Canada
Address 1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Viscount Mining Corp is an exploration-stage company engaged in natural resource exploration. The company is focused on resources located in the states of Nevada and Colorado in the United States of America. Its projects include Cherry Creek in White Pine County, Nevada, and Silver Cliff in the state of Colorado. It has a single operating segment, being the exploration and evaluation of properties. Geographically, it operates in Canada and the United States.
29GF Score

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