District Metals Balance Sheet Health
Financial Health criteria checks 6/6
District Metals has a total shareholder equity of CA$9.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$11.7M and CA$2.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$4.09m |
Equity | CA$9.56m |
Total liabilities | CA$2.16m |
Total assets | CA$11.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DMXC.F's short term assets (CA$4.2M) exceed its short term liabilities (CA$2.2M).
Long Term Liabilities: DMXC.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DMXC.F is debt free.
Reducing Debt: DMXC.F 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: Whilst unprofitable DMXC.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DMXC.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 25.2% per year.