DMXCF (District Metals) Total Assets : $8.86 Mil (As of Dec. 2024)

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What is District Metals Total Assets?

District Metals's Total Assets for the quarter that ended in Dec. 2024 was $8.86 Mil.

During the past 12 months, District Metals's average Total Assets Growth Rate was 12.10% per year. During the past 3 years, the average Total Assets Growth Rate was 25.00% per year. During the past 5 years, the average Total Assets Growth Rate was 74.50% per year. During the past 10 years, the average Total Assets Growth Rate was 69.70% per year.

During the past 13 years, District Metals's highest 3-Year average Total Assets Growth Rate was 1204.30%. The lowest was -94.30%. And the median was 27.30%.

Total Assets is connected with ROA %. District Metals's annualized ROA % for the quarter that ended in Dec. 2024 was -21.15%. Total Assets is also linked to Revenue through Asset Turnover. District Metals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

District Metals Total Assets Historical Data

The historical data trend for District Metals's Total 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 Total Assets Chart

District Metals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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3.49

6.44

6.77

7.62

10.22

District Metals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															8.74	11.40	10.22	9.90	8.86

District Metals Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

District Metals's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (A: Jun. 2024 )	+	Total Liabilities (A: Jun. 2024 )
	=	9.331	+	0.888
	=	10.22

District Metals's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	8.194	+	0.67
	=	8.86

District Metals (OTCPK:DMXCF) Total Assets Explanation

Total Assets is connected with ROA %.

District Metals's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-1.984	/	( (9.895	+	8.864)	/ 2 )
	=	-1.984	/	9.3795
	=	-21.15 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

District Metals's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	0	/	( (9.895	+	8.864)	/ 2 )
=	0	/	9.3795
=	0.00

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

District Metals Total Assets Related Terms

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District Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » District Metals Corp (OTCPK:DMXCF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

DMXSE SDB:Sweden DFPP:Germany DMX:Canada

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.

District Metals Headlines

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