District Short Long Term Debt Total vs Other Stockholder Equity Analysis

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District Metals financial indicator trend analysis is much more than just examining District Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether District Metals Corp is a good investment. Please check the relationship between District Metals Short Long Term Debt Total and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in District Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Long Term Debt Total vs Other Stockholder Equity

Short Long Term Debt Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of District Metals Corp Short Long Term Debt Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between District Metals' Short Long Term Debt Total and Other Stockholder Equity is -0.11. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of District Metals Corp, assuming nothing else is changed. The correlation between historical values of District Metals' Short Long Term Debt Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of District Metals Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Long Term Debt Total i.e., District Metals' Short Long Term Debt Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Long Term Debt Total

Other Stockholder Equity

Most indicators from District Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into District Metals Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in District Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, District Metals' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 31.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.6 M in 2024.

	2023	2024 (projected)
Other Operating Expenses	1.5M	2.0M
Depreciation And Amortization	54.3K	43.4K

Other Operating Expenses Depreciation And Amortization

District Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Inventory	Other Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Net Invested Capital	Net Working Capital
Total Assets		0.31	0.61	0.95	0.78	-0.7	-0.02	0.52	0.73	0.8	-0.32	0.73	0.68	0.32	0.64	0.55	0.61	0.81	-0.26	0.48	0.6	-0.26	0.44	0.4	0.42	0.36
Other Current Liab	0.31		0.56	0.25	0.11	-0.56	-0.08	-0.05	0.54	0.14	0.41	0.56	0.23	0.3	0.21	-0.04	0.56	0.36	-0.02	-0.05	0.18	-0.02	0.18	0.29	0.21	0.51
Total Current Liabilities	0.61	0.56		0.5	0.34	-0.5	0.16	0.78	0.49	0.37	-0.26	0.49	0.73	-0.21	0.47	0.77	1.0	0.61	-0.11	0.71	0.45	-0.11	-0.18	-0.13	-0.15	0.06
Total Stockholder Equity	0.95	0.25	0.5		0.77	-0.71	-0.05	0.43	0.68	0.79	-0.29	0.68	0.6	0.45	0.58	0.47	0.5	0.76	-0.27	0.4	0.54	-0.27	0.49	0.53	0.56	0.39
Property Plant And Equipment Net	0.78	0.11	0.34	0.77		-0.62	-0.26	0.33	0.66	1.0	-0.25	0.67	0.2	0.58	0.05	0.32	0.34	0.27	-0.29	0.19	0.01	-0.29	0.72	0.66	0.69	0.49
Net Debt	-0.7	-0.56	-0.5	-0.71	-0.62		0.29	-0.25	-0.97	-0.64	-0.04	-0.97	-0.31	-0.58	-0.2	-0.21	-0.5	-0.5	0.35	-0.09	-0.14	0.35	-0.53	-0.6	-0.57	-0.76
Retained Earnings	-0.02	-0.08	0.16	-0.05	-0.26	0.29		0.24	-0.29	-0.21	0.28	-0.3	0.45	-0.49	0.28	0.29	0.16	0.17	0.88	0.59	0.27	0.88	-0.4	-0.43	-0.39	-0.38
Accounts Payable	0.52	-0.05	0.78	0.43	0.33	-0.25	0.24		0.24	0.35	-0.64	0.23	0.73	-0.46	0.43	0.98	0.78	0.49	-0.14	0.91	0.42	-0.14	-0.35	-0.37	-0.34	-0.28
Cash	0.73	0.54	0.49	0.68	0.66	-0.97	-0.29	0.24		0.68	0.04	1.0	0.3	0.55	0.19	0.21	0.49	0.5	-0.34	0.09	0.14	-0.34	0.59	0.57	0.54	0.79
Non Current Assets Total	0.8	0.14	0.37	0.79	1.0	-0.64	-0.21	0.35	0.68		-0.23	0.68	0.24	0.57	0.08	0.34	0.37	0.31	-0.26	0.23	0.04	-0.26	0.71	0.66	0.68	0.5
Non Currrent Assets Other	-0.32	0.41	-0.26	-0.29	-0.25	-0.04	0.28	-0.64	0.04	-0.23		0.05	-0.32	0.29	-0.35	-0.64	-0.26	-0.3	0.61	-0.43	-0.35	0.61	0.24	0.27	0.25	0.47
Cash And Short Term Investments	0.73	0.56	0.49	0.68	0.67	-0.97	-0.3	0.23	1.0	0.68	0.05		0.29	0.56	0.18	0.19	0.49	0.49	-0.34	0.08	0.13	-0.34	0.6	0.58	0.55	0.79
Net Receivables	0.68	0.23	0.73	0.6	0.2	-0.31	0.45	0.73	0.3	0.24	-0.32	0.29		-0.35	0.83	0.77	0.73	0.85	0.05	0.83	0.81	0.05	-0.28	-0.29	-0.26	-0.18
Common Stock Shares Outstanding	0.32	0.3	-0.21	0.45	0.58	-0.58	-0.49	-0.46	0.55	0.57	0.29	0.56	-0.35		-0.25	-0.47	-0.21	-0.04	-0.27	-0.56	-0.29	-0.27	0.9	0.97	0.96	0.78
Short Term Investments	0.64	0.21	0.47	0.58	0.05	-0.2	0.28	0.43	0.19	0.08	-0.35	0.18	0.83	-0.25		0.52	0.47	0.94	-0.07	0.55	1.0	-0.07	-0.2	-0.21	-0.19	-0.18
Other Stockholder Equity	0.55	-0.04	0.77	0.47	0.32	-0.21	0.29	0.98	0.21	0.34	-0.64	0.19	0.77	-0.47	0.52		0.77	0.55	-0.11	0.94	0.5	-0.11	-0.36	-0.39	-0.36	-0.34
Total Liab	0.61	0.56	1.0	0.5	0.34	-0.5	0.16	0.78	0.49	0.37	-0.26	0.49	0.73	-0.21	0.47	0.77		0.61	-0.11	0.71	0.45	-0.11	-0.18	-0.13	-0.15	0.06
Total Current Assets	0.81	0.36	0.61	0.76	0.27	-0.5	0.17	0.49	0.5	0.31	-0.3	0.49	0.85	-0.04	0.94	0.55	0.61		-0.17	0.54	0.92	-0.17	0.01	0.01	0.02	0.1
Short Long Term Debt Total	-0.26	-0.02	-0.11	-0.27	-0.29	0.35	0.88	-0.14	-0.34	-0.26	0.61	-0.34	0.05	-0.27	-0.07	-0.11	-0.11	-0.17		0.21	-0.08	1.0	-0.21	-0.23	-0.21	-0.19
Inventory	0.48	-0.05	0.71	0.4	0.19	-0.09	0.59	0.91	0.09	0.23	-0.43	0.08	0.83	-0.56	0.55	0.94	0.71	0.54	0.21		0.53	0.21	-0.44	-0.47	-0.43	-0.41
Other Current Assets	0.6	0.18	0.45	0.54	0.01	-0.14	0.27	0.42	0.14	0.04	-0.35	0.13	0.81	-0.29	1.0	0.5	0.45	0.92	-0.08	0.53		-0.08	-0.23	-0.25	-0.23	-0.21
Short Term Debt	-0.26	-0.02	-0.11	-0.27	-0.29	0.35	0.88	-0.14	-0.34	-0.26	0.61	-0.34	0.05	-0.27	-0.07	-0.11	-0.11	-0.17	1.0	0.21	-0.08		-0.21	-0.23	-0.21	-0.19
Common Stock	0.44	0.18	-0.18	0.49	0.72	-0.53	-0.4	-0.35	0.59	0.71	0.24	0.6	-0.28	0.9	-0.2	-0.36	-0.18	0.01	-0.21	-0.44	-0.23	-0.21		0.92	0.93	0.79
Net Tangible Assets	0.4	0.29	-0.13	0.53	0.66	-0.6	-0.43	-0.37	0.57	0.66	0.27	0.58	-0.29	0.97	-0.21	-0.39	-0.13	0.01	-0.23	-0.47	-0.25	-0.23	0.92		0.99	0.8
Net Invested Capital	0.42	0.21	-0.15	0.56	0.69	-0.57	-0.39	-0.34	0.54	0.68	0.25	0.55	-0.26	0.96	-0.19	-0.36	-0.15	0.02	-0.21	-0.43	-0.23	-0.21	0.93	0.99		0.78
Net Working Capital	0.36	0.51	0.06	0.39	0.49	-0.76	-0.38	-0.28	0.79	0.5	0.47	0.79	-0.18	0.78	-0.18	-0.34	0.06	0.1	-0.19	-0.41	-0.21	-0.19	0.79	0.8	0.78

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District Metals Account Relationship Matchups

District Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.7M	7.9M	8.7M	10.1M	11.6M	6.2M
Other Current Liab	130.4K	531.4K	240.8K	67.3K	77.4K	73.5K
Total Current Liabilities	262.7K	592.6K	294.2K	119.2K	107.3K	102.0K
Total Stockholder Equity	4.5M	7.3M	8.4M	10.0M	11.5M	12.1M
Property Plant And Equipment Net	2.1M	3.6M	6.9M	7.4M	8.5M	4.3M
Net Debt	(2.5M)	(3.6M)	(1.5M)	(2.5M)	(2.3M)	(2.2M)
Retained Earnings	(56.1M)	(58.9M)	(60.3M)	(61.2M)	(55.1M)	(52.3M)
Accounts Payable	132.3K	61.2K	53.4K	52.0K	46.8K	44.4K
Cash	2.5M	3.6M	1.5M	2.5M	2.9M	1.5M
Non Current Assets Total	2.2M	3.8M	7.0M	7.5M	8.6M	4.4M
Cash And Short Term Investments	2.5M	3.8M	1.6M	2.6M	3.0M	1.5M
Net Receivables	2.9K	227.2K	32.6K	50.8K	45.7K	43.5K
Common Stock Shares Outstanding	34.4M	67.8M	70.3M	73.0M	83.9M	88.1M
Liabilities And Stockholders Equity	4.7M	7.9M	8.7M	10.1M	11.6M	6.2M
Total Liab	262.7K	592.6K	294.2K	119.2K	107.3K	102.0K
Total Current Assets	2.5M	4.0M	1.7M	2.6M	3.0M	2.2M
Accumulated Other Comprehensive Income	1.1M	2.0M	2.3M	2.5M	2.8M	3.0M
Other Current Assets	9.8K	58.2K	36.2K	21.7K	19.5K	18.5K
Common Stock	59.5M	64.2M	66.4M	68.7M	79.0M	65.0M
Net Tangible Assets	1.0M	4.5M	7.3M	8.4M	9.6M	10.1M
Net Invested Capital	4.5M	7.3M	8.4M	10.0M	11.5M	12.1M
Net Working Capital	2.3M	3.4M	1.4M	2.5M	2.9M	2.0M
Capital Stock	59.5M	64.2M	66.4M	68.7M	79.0M	69.1M

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