District Metals (TSXV:DMX) Scaled Net Operating Assets : 0.49 (As of Sep. 2024)

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What is District Metals Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

District Metals's operating assets for the quarter that ended in Sep. 2024 was C$7.92 Mil. District Metals's operating liabilities for the quarter that ended in Sep. 2024 was C$1.05 Mil. District Metals's Total Assets for the quarter that ended in Jun. 2024 was C$14.01 Mil. Therefore, District Metals's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.49.

District Metals Scaled Net Operating Assets Historical Data

The historical data trend for District Metals's Scaled Net Operating Assets 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.

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District Metals Scaled Net Operating Assets Chart

District Metals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Scaled Net Operating Assets

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1.68

0.74

0.86

0.67

District Metals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.74	0.55	0.59	0.44	0.49

Competitive Comparison of District Metals's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, District Metals's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, District Metals's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where District Metals's Scaled Net Operating Assets falls into.

District Metals Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

District Metals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2024 )
=	(Operating Assets (A: Jun. 2024 )	-	Operating Liabilities (A: Jun. 2024 ))	/	Total Assets (A: Jun. 2023 )
=	(7.998	-	1.217)	/	10.121
=	0.67

where

	Operating Assets		(A: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	14.005	-	6.007
=	7.998

	Operating Liabilities		(A: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.217	-	0	-	0
=	1.217

District Metals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(7.922	-	1.049)	/	14.005
=	0.49

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	13.404	-	5.482
=	7.922

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.049	-	0	-	0
=	1.049

District Metals Scaled Net Operating Assets Related Terms

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District Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » District Metals Corp (TSXV:DMX) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

DMXCF:USA DFPP:Germany DFPP:Germany

Address

907 - 1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.districtmetals.com

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.

Executives

Garrett Paul Ainsworth	Director
Doug Ramshaw	Director
Rosseau Asset Management Ltd.	10% Security Holder

District Metals Headlines

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