District Metals Corp (DMX) - Net Assets
Based on the latest financial reports, District Metals Corp (DMX) has net assets worth CA$19.62 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$19.89 Million) and total liabilities (CA$273.08K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$19.62 Million |
| % of Total Assets | 98.63% |
| Annual Growth Rate | 13.6% |
| 5-Year Change | 160.33% |
| 10-Year Change | 3993.73% |
| Growth Volatility | 145.25 |
District Metals Corp - Net Assets Trend (2001–2025)
This chart illustrates how District Metals Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for District Metals Corp (2001–2025)
The table below shows the annual net assets of District Metals Corp from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | CA$18.93 Million | +48.03% |
| 2024-06-30 | CA$12.79 Million | +27.85% |
| 2023-06-30 | CA$10.00 Million | +19.38% |
| 2022-06-30 | CA$8.38 Million | +15.22% |
| 2021-06-30 | CA$7.27 Million | +62.74% |
| 2020-06-30 | CA$4.47 Million | +328.10% |
| 2019-06-30 | CA$1.04 Million | -26.49% |
| 2018-06-30 | CA$1.42 Million | +45.58% |
| 2017-06-30 | CA$975.25K | +110.91% |
| 2016-06-30 | CA$462.40K | +821.27% |
| 2015-06-30 | CA$-64.11K | -100.98% |
| 2014-06-30 | CA$6.53 Million | -22.75% |
| 2013-06-30 | CA$8.45 Million | -49.98% |
| 2012-06-30 | CA$16.90 Million | +282.07% |
| 2011-06-30 | CA$4.42 Million | +0.14% |
| 2010-06-30 | CA$4.42 Million | +540.34% |
| 2009-06-30 | CA$689.73K | -94.13% |
| 2008-06-30 | CA$11.75 Million | +10.16% |
| 2007-06-30 | CA$10.67 Million | +31.58% |
| 2006-06-30 | CA$8.11 Million | +32.22% |
| 2005-06-30 | CA$6.13 Million | +81.29% |
| 2004-06-30 | CA$3.38 Million | +253.25% |
| 2003-06-30 | CA$957.60K | +5.36% |
| 2002-06-30 | CA$908.89K | +2.51% |
| 2001-06-30 | CA$886.64K | -- |
Equity Component Analysis
This analysis shows how different components contribute to District Metals Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6424260100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$86.01 Million | 454.39% |
| Total Equity | CA$18.93 Million | 100.00% |
District Metals Corp Competitors by Market Cap
The table below lists competitors of District Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Children's Place Inc
F:CP5
|
$75.52 Million |
|
Queenco-L
TA:QNCO
|
$75.64 Million |
|
RoyalTek Co Ltd
TWO:3306
|
$75.66 Million |
|
Chernan Metal Industrial
TWO:3631
|
$75.66 Million |
|
Hoteles Bestprice S.A.
PA:MLHBP
|
$75.48 Million |
|
Inmobiliaria Manquehue S.A
SN:MANQUEHUE
|
$75.44 Million |
|
Soonest Express Co Ltd
TWO:2643
|
$75.42 Million |
|
Incheon City G
KO:034590
|
$75.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in District Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,787,575 to 18,929,435, a change of 6,141,860 (48.0%).
- Net loss of 3,466,809 reduced equity.
- New share issuances of 6,000,000 increased equity.
- Other factors increased equity by 3,608,669.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.47 Million | -18.31% |
| Share Issuances | CA$6.00 Million | +31.7% |
| Other Changes | CA$3.61 Million | +19.06% |
| Total Change | CA$- | 48.03% |
Book Value vs Market Value Analysis
This analysis compares District Metals Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.00x to 6.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-06-30 | CA$150.20 | CA$0.71 | x |
| 2002-06-30 | CA$92.25 | CA$0.71 | x |
| 2003-06-30 | CA$81.32 | CA$0.71 | x |
| 2004-06-30 | CA$195.52 | CA$0.71 | x |
| 2005-06-30 | CA$291.87 | CA$0.71 | x |
| 2006-06-30 | CA$246.88 | CA$0.71 | x |
| 2007-06-30 | CA$262.95 | CA$0.71 | x |
| 2008-06-30 | CA$243.23 | CA$0.71 | x |
| 2009-06-30 | CA$13.12 | CA$0.71 | x |
| 2010-06-30 | CA$45.85 | CA$0.71 | x |
| 2011-06-30 | CA$12.89 | CA$0.71 | x |
| 2012-06-30 | CA$28.80 | CA$0.71 | x |
| 2013-06-30 | CA$11.44 | CA$0.71 | x |
| 2014-06-30 | CA$7.10 | CA$0.71 | x |
| 2015-06-30 | CA$-0.05 | CA$0.71 | x |
| 2016-06-30 | CA$0.35 | CA$0.71 | x |
| 2017-06-30 | CA$0.07 | CA$0.71 | x |
| 2018-06-30 | CA$0.05 | CA$0.71 | x |
| 2019-06-30 | CA$0.03 | CA$0.71 | x |
| 2020-06-30 | CA$0.13 | CA$0.71 | x |
| 2021-06-30 | CA$0.11 | CA$0.71 | x |
| 2022-06-30 | CA$0.12 | CA$0.71 | x |
| 2023-06-30 | CA$0.14 | CA$0.71 | x |
| 2024-06-30 | CA$0.10 | CA$0.71 | x |
| 2025-06-30 | CA$0.12 | CA$0.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently District Metals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -18.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
- Recent ROE (-18.31%) is above the historical average (-108.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -131.62% | 0.00% | 0.00x | 1.18x | CA$-1.26 Million |
| 2002 | -20.89% | 0.00% | 0.00x | 1.46x | CA$-280.73K |
| 2003 | -125.29% | -4749.97% | 0.02x | 1.26x | CA$-1.30 Million |
| 2004 | -17.38% | -1192.89% | 0.01x | 1.07x | CA$-926.14K |
| 2005 | -18.50% | 0.00% | 0.00x | 1.03x | CA$-1.75 Million |
| 2006 | -32.62% | 0.00% | 0.00x | 1.01x | CA$-3.46 Million |
| 2007 | -18.24% | 0.00% | 0.00x | 1.02x | CA$-3.01 Million |
| 2008 | -14.49% | 0.00% | 0.00x | 1.08x | CA$-2.88 Million |
| 2009 | -1789.82% | 0.00% | 0.00x | 5.44x | CA$-12.41 Million |
| 2010 | 39.26% | 0.00% | 0.00x | 1.56x | CA$1.29 Million |
| 2011 | -83.55% | 0.00% | 0.00x | 1.06x | CA$-4.14 Million |
| 2012 | -48.05% | 0.00% | 0.00x | 1.04x | CA$-9.81 Million |
| 2013 | -107.67% | 0.00% | 0.00x | 1.06x | CA$-9.95 Million |
| 2014 | -79.36% | 0.00% | 0.00x | 1.08x | CA$-5.84 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-7.69 Million |
| 2016 | -26.71% | 0.00% | 0.00x | 1.42x | CA$-169.73K |
| 2017 | -14.49% | 0.00% | 0.00x | 1.03x | CA$-238.86K |
| 2018 | -7.23% | 0.00% | 0.00x | 1.01x | CA$-244.60K |
| 2019 | -92.71% | 0.00% | 0.00x | 1.11x | CA$-1.07 Million |
| 2020 | -24.41% | 0.00% | 0.00x | 1.06x | CA$-1.54 Million |
| 2021 | -37.54% | 0.00% | 0.00x | 1.08x | CA$-3.46 Million |
| 2022 | -20.60% | 0.00% | 0.00x | 1.04x | CA$-2.56 Million |
| 2023 | -13.17% | 0.00% | 0.00x | 1.01x | CA$-2.32 Million |
| 2024 | -21.03% | 0.00% | 0.00x | 1.10x | CA$-3.97 Million |
| 2025 | -18.31% | 0.00% | 0.00x | 1.04x | CA$-5.36 Million |
Industry Comparison
This section compares District Metals Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $38,091,021
- Average return on equity (ROE) among peers: -44.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| District Metals Corp (DMX) | CA$19.62 Million | -131.62% | 0.01x | $75.49 Million |
| Aftermath Silver Ltd (AAG) | $5.83 Million | -52.14% | 0.17x | $215.07 Million |
| Aton Resources Inc (AAN) | $-970.51K | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-24.43 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $700.32K | -22.12% | 0.03x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $557.59K | -47.89% | 0.13x | $5.75 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $27.09 Million |
| AE Fuels Corporation (AEF) | $94.17K | -158.20% | 2.20x | $4.95 Million |
| Alphamin Res (AFM) | $365.51 Million | 12.92% | 0.41x | $1.27 Billion |
| African Metals Corporation (AFR) | $401.19K | -134.87% | 0.17x | $1.00 Million |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
About District Metals Corp
District Metals Corp., a junior mineral exploration stage company, acquires, explores, and evaluates mineral resource properties. It explores for lead, zinc, silver, copper, molybdenum, cobalt, yttrium, and other rare earth elements. The company was formerly known as MK2 Ventures Ltd. and changed its name to District Metals Corp. in July 2019. District Metals Corp. was incorporated in 1989 and is… Read more