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) - Total Assets
Latest total assets as of September 2025: CA$207.19K CAD
Based on the latest financial reports, District Mines Ltd (DIG-H) holds total assets worth CA$207.19K CAD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
District Mines Ltd - Total Assets Trend (2017–2024)
This chart illustrates how District Mines Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
District Mines Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
District Mines Ltd's total assets of CA$207.19K consist of 21.1% current assets and 78.9% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 16.3% |
| Accounts Receivable | CA$979.00 | 0.5% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how District Mines Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: District Mines Ltd's current assets represent 21.1% of total assets in 2024, an increase from 2.5% in 2017.
- Cash Position: Cash and equivalents constituted 16.3% of total assets in 2024, up from 2.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
District Mines Ltd Competitors by Total Assets
Key competitors of District Mines Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
District Mines Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - District Mines Ltd generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - District Mines Ltd is currently not profitable relative to its asset base.
District Mines Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.04 | 0.04 | 0.06 |
| Quick Ratio | 0.04 | 0.04 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-1.27 Million | CA$ -1.00 Million | CA$ -700.22K |
District Mines Ltd - Advanced Valuation Insights
This section examines the relationship between District Mines Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 13.63 |
| Latest Market Cap to Assets Ratio | 6.10 |
| Asset Growth Rate (YoY) | -30.6% |
| Total Assets | CA$191.24K |
| Market Capitalization | $1.17 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values District Mines Ltd's assets at a significant premium ( 6.10x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: District Mines Ltd's assets decreased by 30.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for District Mines Ltd (2017–2024)
The table below shows the annual total assets of District Mines Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$191.24K | -30.57% |
| 2023-12-31 | CA$275.43K | -37.33% |
| 2022-12-31 | CA$439.51K | -23.32% |
| 2021-12-31 | CA$573.16K | +218.05% |
| 2020-12-31 | CA$180.21K | +1.26% |
| 2019-12-31 | CA$177.97K | +19.03% |
| 2018-12-31 | CA$149.51K | -72.23% |
| 2017-12-31 | CA$538.34K | -- |