VVCVF (VVC Exploration) Net-Net Working Capital: $-0.02 (As of Oct. 2025)

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What is VVC Exploration Net-Net Working Capital?

VVC Exploration VVCVF +293.75% Net-Net Working Capital is $-0.02 as of Oct. 2025. The stock has 3 warning signs investors should review. Among 192 Oil & Gas companies, VVC Exploration ranks worse than 520832.81% 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.

VVC Exploration's Net-Net Working Capital for the quarter that ended in Oct. 2025 was $-0.02.

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

VVCVF's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 6.685
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

VVC Exploration  (OTCPK:VVCVF) 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.


VVC Exploration Net-Net Working Capital Related Terms


VVC Exploration Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for VVC Exploration'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.

VVC Exploration Net-Net Working Capital Chart

VVC Exploration Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.01 -0.01 -0.01 -0.01

VVC Exploration Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
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 -0.02 -0.02

VVCVF vs COP, EOG, FANG: Net-Net Working Capital Comparison

For the Oil & Gas E&P subindustry, VVC Exploration'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.


VVC Exploration Price-to-Net-Net-Working-Capital vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, VVC Exploration's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



VVC Exploration Net-Net Working Capital Calculation

VVC Exploration's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2025 is calculated as

Net-Net Working Capital(A: Jan. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.005+0.75 * 0+0.5 * 0-7.878
-0-0)/572.682
=-0.01

VVC Exploration's Net-Net Working Capital (NNWC) per share for the quarter that ended in Oct. 2025 is calculated as

Net-Net Working Capital(Q: Oct. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.057+0.75 * 0+0.5 * 0-8.909
-0-0)/572.682
=-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 $-0.02 mean?
VVC Exploration (VVCVF) has a Net-Net Working Capital of $-0.02 as of Oct. 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 VVC Exploration According to the industry distribution chart, VVC Exploration ranks #999999 out of 192 companies in the Oil & Gas industry.
Is VVC Exploration's Net-Net Working Capital too high?
VVC Exploration's current Net-Net Working Capital is $-0.02. Based on the distribution chart, VVC Exploration ranks #999999 out of 192 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does VVC Exploration's Net-Net Working Capital compare to COP and EOG?
According to the Oil & Gas industry distribution chart, VVC Exploration ranks #999999 out of 192 companies for Net-Net Working Capital. This places VVC Exploration in the lower half of its industry. The industry median Net-Net Working Capital is 6.69. 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 an Oil & Gas company?
The median Net-Net Working Capital among Oil & Gas companies is 6.69, based on 192 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 VVC Exploration For the Oil & Gas industry, the median Net-Net Working Capital is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VVC Exploration's current Net-Net Working Capital is $-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VVC Exploration stock overvalued right now?
VVC Exploration (VVCVF) has a current Net-Net Working Capital of $-0.02. The current Net-Net Working Capital is $-0.02. 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 VVC Exploration (VVCVF), the current Net-Net Working Capital is $-0.02 as of Oct. 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.

VVC Exploration Business Description

Industry EnergyOil & Gas
Other Exchanges VVC:Canada
Address 2369 Kingston Road, P.O. Box 28059, Terry Town, Scarborough, ON, CAN, M1N 4E7
VVC Exploration Corp is engaged in the exploration and development of precious and base metals mineral properties. Its portfolio includes the La Tuna, Mexico, Cumeral gold project in Mexico, Samalayuca Copper Project, located in Chihuahua State, precious metals properties also in Mexico, and the Helium / Natural Gas Projects. The company is currently focused on the Helium Projects owned by PHC. The company's mineral resource properties are located in Mexico and Canada. The company generates revenue from the sale of Helium and natural gas.