DMXCF (District Metals) Debt-to-Equity: 0.00 (As of Mar. 2026)


DMXCF District Metals Corp DMXCF
30 GF Score
Price $0.45
! 1 Warning Sign
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What is District Metals Debt-to-Equity?

District Metals DMXCF -1.43% 30 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates DMXCF with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 1,221 Metals & Mining companies, District Metals ranks worse than 81900% on this metric.

District Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. District Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. District Metals's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $17.78 Mil. District Metals's debt to equity for the quarter that ended in Mar. 2026 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for District Metals's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of District Metals was 0.10. The lowest was 0.10. And the median was 0.10.

DMXCF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

District Metals  (OTCPK:DMXCF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

District Metals Debt-to-Equity Related Terms

District Metals Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for District Metals's Debt-to-Equity 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.

District Metals Debt-to-Equity Chart

District Metals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

District Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.00 0.00 0.00 0.00 0.00

District Metals Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, District Metals's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

District Metals Debt-to-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, District Metals's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where District Metals's Debt-to-Equity falls into.


DMXCF
30GF Score
District Metals Corp DMXCF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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District Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

District Metals's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 13.849
=0.00

District Metals's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 17.784
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
District Metals (DMXCF) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on District Metals and its competitors. Over the past decade, District Metals' Debt-to-Equity has ranged from 0.10 to 0.10. According to the industry distribution chart, District Metals ranks #999999 out of 1221 companies in the Metals & Mining industry.
Is District Metals' Debt-to-Equity too high?
District Metals' current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.10. Based on the distribution chart, District Metals ranks #999999 out of 1221 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, District Metals has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does District Metals' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, District Metals ranks #999999 out of 1221 companies for Debt-to-Equity. This places District Metals in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Historically, District Metals' own Debt-to-Equity has ranged from 0.10 to 0.10 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,221 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on District Metals and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. District Metals's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is District Metals stock overvalued right now?
District Metals (DMXCF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. District Metals' overall GF Score™ is 30/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For District Metals (DMXCF), the current Debt-to-Equity is 0.00 as of Mar. 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.

District Metals Business Description

Address 918-1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
District Metals Corp is a Canada-based mineral exploration company that is engaged in the business of acquiring, exploring, and evaluating natural resource properties. The company's main focus is the polymetallic Tomtebo Property located between the Falun Mine and Boliden's Garpenberg Mine. It holds interest in various other properties such as the Gruvberget Property, located in Sweden, the Bakar Property located on the northwest of Vancouver Island, Viken, Ardnasvarre, Alum Shale, Sagtjarn, and the Nianfors property in Sweden. The company has two reportable operating segments, which are acquisition and exploration and evaluation activities in Canada and Sweden.
30GF Score

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