District Mines (TSXV:DIG.H) Profitability Rank : 0 (As of Mar. 2024)

View and export this data going back to 1987. Start your Free Trial

What is District Mines Profitability Rank?

District Mines has the Profitability Rank of 0.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

District Mines's Operating Margin % for the quarter that ended in Mar. 2024 was -2,666.67%. As of today, District Mines's Piotroski F-Score is 4.

Competitive Comparison of District Mines's Profitability Rank

For the Oil & Gas E&P subindustry, District Mines's Profitability Rank, along with its competitors' market caps and Profitability Rank 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 Mines's Profitability Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, District Mines's Profitability Rank distribution charts can be found below:

* The bar in red indicates where District Mines's Profitability Rank falls into.

District Mines Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

District Mines has the Profitability Rank of 0.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

District Mines's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %	=	Operating Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-0.08	/	0.003
	=	-2,666.67 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

District Mines has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

District Mines Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -22.5%.

4. Consistency of the profitability

5. Predictability Rank

District Mines Profitability Rank Related Terms

Thank you for viewing the detailed overview of District Mines's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

District Mines (TSXV:DIG.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » District Mines Ltd (TSXV:DIG.H) » Definitions » Profitability Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1030 West Georgia, Suite 1507, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.districtmines.com

District Mines Ltd explores and develops petroleum and natural gas reserves in Western Canada. It generates revenue from oil and gas.

District Mines (TSXV:DIG.H) Headlines

No Headlines