District Historical Balance Sheet

DMX Stock  CAD 0.37  0.01  2.63%   
Trend analysis of District Metals Corp balance sheet accounts such as Total Current Liabilities of 102 K or Total Stockholder Equity of 12.1 M provides information on District Metals' total assets, liabilities, and equity, which is the actual value of District Metals Corp to its prevalent stockholders. By breaking down trends over time using District Metals balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining District Metals Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether District Metals Corp is a good buy for the upcoming year.

District Metals Inventory

(24,015.24)

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in District Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About District Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of District Metals Corp at a specified time, usually calculated after every quarter, six months, or one year. District Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of District Metals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which District currently owns. An asset can also be divided into two categories, current and non-current.

District Metals Balance Sheet Chart

At this time, District Metals' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 88.1 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 73.5 K in 2024.

Total Assets

Total assets refers to the total amount of District Metals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in District Metals Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on District Metals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of District Metals Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from District Metals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into District Metals Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in District Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, District Metals' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 88.1 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 73.5 K in 2024.
 2021 2022 2023 2024 (projected)
Other Current Liabilities240.8K67.3K77.4K73.5K
Total Assets8.7M10.1M11.6M6.2M

District Metals balance sheet Correlations

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0.310.560.250.11-0.56-0.08-0.050.540.140.410.560.230.30.21-0.040.560.36-0.02-0.050.18-0.020.180.290.210.51
0.610.560.50.34-0.50.160.780.490.37-0.260.490.73-0.210.470.771.00.61-0.110.710.45-0.11-0.18-0.13-0.150.06
0.950.250.50.77-0.71-0.050.430.680.79-0.290.680.60.450.580.470.50.76-0.270.40.54-0.270.490.530.560.39
0.780.110.340.77-0.62-0.260.330.661.0-0.250.670.20.580.050.320.340.27-0.290.190.01-0.290.720.660.690.49
-0.7-0.56-0.5-0.71-0.620.29-0.25-0.97-0.64-0.04-0.97-0.31-0.58-0.2-0.21-0.5-0.50.35-0.09-0.140.35-0.53-0.6-0.57-0.76
-0.02-0.080.16-0.05-0.260.290.24-0.29-0.210.28-0.30.45-0.490.280.290.160.170.880.590.270.88-0.4-0.43-0.39-0.38
0.52-0.050.780.430.33-0.250.240.240.35-0.640.230.73-0.460.430.980.780.49-0.140.910.42-0.14-0.35-0.37-0.34-0.28
0.730.540.490.680.66-0.97-0.290.240.680.041.00.30.550.190.210.490.5-0.340.090.14-0.340.590.570.540.79
0.80.140.370.791.0-0.64-0.210.350.68-0.230.680.240.570.080.340.370.31-0.260.230.04-0.260.710.660.680.5
-0.320.41-0.26-0.29-0.25-0.040.28-0.640.04-0.230.05-0.320.29-0.35-0.64-0.26-0.30.61-0.43-0.350.610.240.270.250.47
0.730.560.490.680.67-0.97-0.30.231.00.680.050.290.560.180.190.490.49-0.340.080.13-0.340.60.580.550.79
0.680.230.730.60.2-0.310.450.730.30.24-0.320.29-0.350.830.770.730.850.050.830.810.05-0.28-0.29-0.26-0.18
0.320.3-0.210.450.58-0.58-0.49-0.460.550.570.290.56-0.35-0.25-0.47-0.21-0.04-0.27-0.56-0.29-0.270.90.970.960.78
0.640.210.470.580.05-0.20.280.430.190.08-0.350.180.83-0.250.520.470.94-0.070.551.0-0.07-0.2-0.21-0.19-0.18
0.55-0.040.770.470.32-0.210.290.980.210.34-0.640.190.77-0.470.520.770.55-0.110.940.5-0.11-0.36-0.39-0.36-0.34
0.610.561.00.50.34-0.50.160.780.490.37-0.260.490.73-0.210.470.770.61-0.110.710.45-0.11-0.18-0.13-0.150.06
0.810.360.610.760.27-0.50.170.490.50.31-0.30.490.85-0.040.940.550.61-0.170.540.92-0.170.010.010.020.1
-0.26-0.02-0.11-0.27-0.290.350.88-0.14-0.34-0.260.61-0.340.05-0.27-0.07-0.11-0.11-0.170.21-0.081.0-0.21-0.23-0.21-0.19
0.48-0.050.710.40.19-0.090.590.910.090.23-0.430.080.83-0.560.550.940.710.540.210.530.21-0.44-0.47-0.43-0.41
0.60.180.450.540.01-0.140.270.420.140.04-0.350.130.81-0.291.00.50.450.92-0.080.53-0.08-0.23-0.25-0.23-0.21
-0.26-0.02-0.11-0.27-0.290.350.88-0.14-0.34-0.260.61-0.340.05-0.27-0.07-0.11-0.11-0.171.00.21-0.08-0.21-0.23-0.21-0.19
0.440.18-0.180.490.72-0.53-0.4-0.350.590.710.240.6-0.280.9-0.2-0.36-0.180.01-0.21-0.44-0.23-0.210.920.930.79
0.40.29-0.130.530.66-0.6-0.43-0.370.570.660.270.58-0.290.97-0.21-0.39-0.130.01-0.23-0.47-0.25-0.230.920.990.8
0.420.21-0.150.560.69-0.57-0.39-0.340.540.680.250.55-0.260.96-0.19-0.36-0.150.02-0.21-0.43-0.23-0.210.930.990.78
0.360.510.060.390.49-0.76-0.38-0.280.790.50.470.79-0.180.78-0.18-0.340.060.1-0.19-0.41-0.21-0.190.790.80.78
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District Metals Account Relationship Matchups

District Metals balance sheet Accounts

201920202021202220232024 (projected)
Total Assets4.7M7.9M8.7M10.1M11.6M6.2M
Other Current Liab130.4K531.4K240.8K67.3K77.4K73.5K
Total Current Liabilities262.7K592.6K294.2K119.2K107.3K102.0K
Total Stockholder Equity4.5M7.3M8.4M10.0M11.5M12.1M
Property Plant And Equipment Net2.1M3.6M6.9M7.4M8.5M4.3M
Net Debt(2.5M)(3.6M)(1.5M)(2.5M)(2.3M)(2.2M)
Retained Earnings(56.1M)(58.9M)(60.3M)(61.2M)(55.1M)(52.3M)
Accounts Payable132.3K61.2K53.4K52.0K46.8K44.4K
Cash2.5M3.6M1.5M2.5M2.9M1.5M
Non Current Assets Total2.2M3.8M7.0M7.5M8.6M4.4M
Cash And Short Term Investments2.5M3.8M1.6M2.6M3.0M1.5M
Net Receivables2.9K227.2K32.6K50.8K45.7K43.5K
Common Stock Shares Outstanding34.4M67.8M70.3M73.0M83.9M88.1M
Liabilities And Stockholders Equity4.7M7.9M8.7M10.1M11.6M6.2M
Total Liab262.7K592.6K294.2K119.2K107.3K102.0K
Total Current Assets2.5M4.0M1.7M2.6M3.0M2.2M
Accumulated Other Comprehensive Income1.1M2.0M2.3M2.5M2.8M3.0M
Other Current Assets9.8K58.2K36.2K21.7K19.5K18.5K
Common Stock59.5M64.2M66.4M68.7M79.0M65.0M
Net Tangible Assets1.0M4.5M7.3M8.4M9.6M10.1M
Net Invested Capital4.5M7.3M8.4M10.0M11.5M12.1M
Net Working Capital2.3M3.4M1.4M2.5M2.9M2.0M
Capital Stock59.5M64.2M66.4M68.7M79.0M69.1M

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Additional Tools for District Stock Analysis

When running District Metals' price analysis, check to measure District Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy District Metals is operating at the current time. Most of District Metals' value examination focuses on studying past and present price action to predict the probability of District Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move District Metals' price. Additionally, you may evaluate how the addition of District Metals to your portfolios can decrease your overall portfolio volatility.