District Ev To Sales vs Free Cash Flow Yield Analysis

DMX Stock  CAD 0.42  0.02  5.00%   
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 Ev To Sales and its Free Cash Flow Yield 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.

Ev To Sales vs Free Cash Flow Yield

Ev To Sales vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of District Metals Corp Ev To Sales account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between District Metals' Ev To Sales and Free Cash Flow Yield is 0.19. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Free Cash Flow Yield 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' Ev To Sales and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of District Metals Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Sales i.e., District Metals' Ev To Sales and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
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.
Enterprise Value is likely to climb to about 28 M in 2025, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2025.
 2024 2025 (projected)
Other Operating Expenses1.5M2.0M
Depreciation And Amortization54.3K43.4K

District Metals fundamental ratios Correlations

0.140.841.00.8-0.69-0.150.490.830.81-0.20.660.440.670.450.330.840.89-0.270.250.4-0.270.620.640.710.69
0.140.080.140.05-0.51-0.04-0.10.080.080.390.520.240.060.21-0.030.080.2-0.01-0.030.19-0.010.140.230.080.05
0.840.080.820.68-0.56-0.170.440.90.68-0.020.530.180.750.140.181.00.71-0.180.110.09-0.180.60.610.740.84
1.00.140.820.8-0.7-0.150.490.810.81-0.210.670.460.650.480.340.820.89-0.270.260.42-0.270.610.630.690.67
0.80.050.680.8-0.64-0.330.450.681.0-0.190.680.150.640.030.250.680.47-0.290.12-0.02-0.290.760.710.720.58
-0.69-0.51-0.56-0.7-0.640.34-0.32-0.68-0.66-0.06-0.97-0.28-0.52-0.19-0.18-0.56-0.570.36-0.06-0.120.36-0.56-0.62-0.56-0.55
-0.15-0.04-0.17-0.15-0.330.340.19-0.34-0.290.24-0.340.46-0.460.290.31-0.170.010.870.610.290.87-0.48-0.5-0.44-0.36
0.49-0.10.440.490.45-0.320.190.180.47-0.620.30.69-0.150.410.940.440.45-0.170.850.39-0.17-0.16-0.2-0.11-0.03
0.830.080.90.810.68-0.68-0.340.180.680.10.65-0.020.910.01-0.080.90.66-0.26-0.16-0.05-0.260.780.810.890.96
0.810.080.680.811.0-0.66-0.290.470.68-0.180.70.190.620.060.280.680.5-0.260.160.01-0.260.740.70.710.57
-0.20.39-0.02-0.21-0.19-0.060.24-0.620.1-0.180.07-0.330.24-0.35-0.64-0.02-0.20.59-0.44-0.360.590.260.290.240.28
0.660.520.530.670.68-0.97-0.340.30.650.70.070.260.50.170.160.530.54-0.340.040.11-0.340.620.610.540.53
0.440.240.180.460.15-0.280.460.69-0.020.19-0.330.26-0.320.830.770.180.620.060.830.810.06-0.29-0.3-0.27-0.22
0.670.060.750.650.64-0.52-0.46-0.150.910.620.240.5-0.32-0.2-0.390.750.44-0.23-0.47-0.25-0.230.90.930.980.95
0.450.210.140.480.03-0.190.290.410.010.06-0.350.170.83-0.20.520.140.75-0.070.551.0-0.07-0.19-0.21-0.18-0.15
0.33-0.030.180.340.25-0.180.310.94-0.080.28-0.640.160.77-0.390.520.180.36-0.10.940.51-0.1-0.38-0.41-0.35-0.3
0.840.081.00.820.68-0.56-0.170.440.90.68-0.020.530.180.750.140.180.71-0.180.110.09-0.180.60.610.740.84
0.890.20.710.890.47-0.570.010.450.660.5-0.20.540.620.440.750.360.71-0.210.330.71-0.210.360.360.450.52
-0.27-0.01-0.18-0.27-0.290.360.87-0.17-0.26-0.260.59-0.340.06-0.23-0.07-0.1-0.18-0.210.22-0.071.0-0.22-0.23-0.21-0.18
0.25-0.030.110.260.12-0.060.610.85-0.160.16-0.440.040.83-0.470.550.940.110.330.220.540.22-0.46-0.49-0.42-0.36
0.40.190.090.42-0.02-0.120.290.39-0.050.01-0.360.110.81-0.251.00.510.090.71-0.070.54-0.07-0.24-0.26-0.23-0.2
-0.27-0.01-0.18-0.27-0.290.360.87-0.17-0.26-0.260.59-0.340.06-0.23-0.07-0.1-0.18-0.211.00.22-0.07-0.22-0.23-0.21-0.18
0.620.140.60.610.76-0.56-0.48-0.160.780.740.260.62-0.290.9-0.19-0.380.60.36-0.22-0.46-0.24-0.220.930.920.82
0.640.230.610.630.71-0.62-0.5-0.20.810.70.290.61-0.30.93-0.21-0.410.610.36-0.23-0.49-0.26-0.230.930.970.85
0.710.080.740.690.72-0.56-0.44-0.110.890.710.240.54-0.270.98-0.18-0.350.740.45-0.21-0.42-0.23-0.210.920.970.94
0.690.050.840.670.58-0.55-0.36-0.030.960.570.280.53-0.220.95-0.15-0.30.840.52-0.18-0.36-0.2-0.180.820.850.94
Click cells to compare fundamentals

District Metals Account Relationship Matchups

District Metals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.9M8.7M10.1M14.0M16.1M16.9M
Other Current Liab130.4K531.4K240.8K67.3K77.4K73.5K
Total Current Liabilities592.6K294.2K119.2K1.2M1.1M1.2M
Total Stockholder Equity7.3M8.4M10.0M12.8M14.7M15.4M
Property Plant And Equipment Net3.6M6.9M7.4M7.5M8.7M4.5M
Net Debt(2.5M)(3.6M)(1.5M)(2.5M)(2.3M)(2.2M)
Retained Earnings(58.9M)(60.3M)(61.2M)(63.6M)(57.3M)(54.4M)
Accounts Payable61.2K53.4K52.0K199.0K179.1K128.8K
Cash3.6M1.5M2.5M5.9M6.7M7.1M
Non Current Assets Total3.8M7.0M7.5M7.6M8.7M4.6M
Cash And Short Term Investments2.5M3.8M1.6M2.6M3.0M1.5M
Net Receivables2.9K227.2K32.6K50.8K45.7K43.5K
Common Stock Shares Outstanding67.8M70.3M73.0M130.3M149.9M157.4M
Short Term Investments125K120K40K145K166.8K158.4K
Liabilities And Stockholders Equity4.7M7.9M8.7M10.1M11.6M6.2M
Total Liab592.6K294.2K119.2K1.2M1.1M1.2M
Total Current Assets4.0M1.7M2.6M6.4M7.4M7.8M
Accumulated Other Comprehensive Income1.1M2.0M2.3M2.5M2.8M3.0M
Other Current Assets9.8K58.2K36.2K21.7K19.5K18.5K
Common Stock59.5M64.2M66.4M68.7M79.0M65.0M
Net Tangible Assets1.0M4.5M7.3M8.4M9.6M10.1M
Net Invested Capital7.3M8.4M10.0M12.8M14.7M15.4M
Net Working Capital3.4M1.4M2.5M5.2M6.0M6.3M
Capital Stock64.2M66.4M68.7M73.3M84.3M71.1M

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