District Metals Balance Sheet Health
Financial Health criteria checks 6/6
District Metals has a total shareholder equity of CA$12.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$14.0M and CA$1.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.01m |
| Equity | CA$12.79m |
| Total liabilities | CA$1.22m |
| Total assets | CA$14.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DFPP's short term assets (CA$6.4M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: DFPP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DFPP is debt free.
Reducing Debt: DFPP had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DFPP has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: DFPP has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 13.2% each year