District Mines Ltd
District Mines Ltd. explores for and develops petroleum and natural gas reserves in Western Canada. The company was formerly known as Catalina Gold Corp. and changed its name to District Mines Ltd. in April 2020. District Mines Ltd. was incorporated in 1987 and is based in Vancouver, Canada.
District Mines Ltd (DIG-H) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.003x
Based on the latest financial reports, District Mines Ltd (DIG-H) has a cash flow conversion efficiency ratio of -0.003x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$3.57K) by net assets (CA$-1.28 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
District Mines Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how District Mines Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
District Mines Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of District Mines Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Vanity Capital Inc
V:VYC-H
|
-0.014x |
|
DOLLAR GENERAL
MU:7DG
|
0.136x |
|
Nickel Creek Platinum Corp
OTCQB:NCPCF
|
0.239x |
|
Nanologica AB
ST:NICA
|
-0.417x |
|
Lamar Advertising Company (REIT)
DU:6LA
|
0.187x |
|
Akash Infra-Projects Limited
NSE:AKASH
|
0.021x |
|
Graphene & Solar Technologies Limited
PINK:GSTX
|
0.035x |
|
Leveljump Healthcare Corp
OTCQB:JMPHF
|
0.065x |
Annual Cash Flow Conversion Efficiency for District Mines Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of District Mines Ltd from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-1.11 Million | CA$-49.27K | 0.045x | +210.53% |
| 2023-12-31 | CA$-762.85K | CA$30.73K | -0.040x | -110.73% |
| 2022-12-31 | CA$-397.45K | CA$-149.24K | 0.375x | -27.83% |
| 2021-12-31 | CA$-286.86K | CA$-149.24K | 0.520x | +652.95% |
| 2020-12-31 | CA$-734.87K | CA$-50.77K | 0.069x | -78.53% |
| 2019-12-31 | CA$-723.14K | CA$-232.75K | 0.322x | -29.26% |
| 2018-12-31 | CA$-550.57K | CA$-250.51K | 0.455x | +102.74% |
| 2017-12-31 | CA$44.97K | CA$-746.38K | -16.596x | -- |