District Free Cash Flow Yield vs Price To Sales Ratio 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 Free Cash Flow Yield and its Price To Sales Ratio 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.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of District Metals Corp Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have very week relationship.

The correlation between District Metals' Free Cash Flow Yield and Price To Sales Ratio is 0.21. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio 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' Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of District Metals Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., District Metals' Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing District Metals Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on District Metals sales, a figure that is much harder to manipulate than other District Metals Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

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 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		0.14	0.84	1.0	0.8	-0.69	-0.15	0.49	0.83	0.81	-0.2	0.66	0.44	0.67	0.45	0.33	0.84	0.89	-0.27	0.25	0.4	-0.27	0.62	0.64	0.71	0.69
Other Current Liab	0.14		0.08	0.14	0.05	-0.51	-0.04	-0.1	0.08	0.08	0.39	0.52	0.24	0.06	0.21	-0.03	0.08	0.2	-0.01	-0.03	0.19	-0.01	0.14	0.23	0.08	0.05
Total Current Liabilities	0.84	0.08		0.82	0.68	-0.56	-0.17	0.44	0.9	0.68	-0.02	0.53	0.18	0.75	0.14	0.18	1.0	0.71	-0.18	0.11	0.09	-0.18	0.6	0.61	0.74	0.84
Total Stockholder Equity	1.0	0.14	0.82		0.8	-0.7	-0.15	0.49	0.81	0.81	-0.21	0.67	0.46	0.65	0.48	0.34	0.82	0.89	-0.27	0.26	0.42	-0.27	0.61	0.63	0.69	0.67
Property Plant And Equipment Net	0.8	0.05	0.68	0.8		-0.64	-0.33	0.45	0.68	1.0	-0.19	0.68	0.15	0.64	0.03	0.25	0.68	0.47	-0.29	0.12	-0.02	-0.29	0.76	0.71	0.72	0.58
Net Debt	-0.69	-0.51	-0.56	-0.7	-0.64		0.34	-0.32	-0.68	-0.66	-0.06	-0.97	-0.28	-0.52	-0.19	-0.18	-0.56	-0.57	0.36	-0.06	-0.12	0.36	-0.56	-0.62	-0.56	-0.55
Retained Earnings	-0.15	-0.04	-0.17	-0.15	-0.33	0.34		0.19	-0.34	-0.29	0.24	-0.34	0.46	-0.46	0.29	0.31	-0.17	0.01	0.87	0.61	0.29	0.87	-0.48	-0.5	-0.44	-0.36
Accounts Payable	0.49	-0.1	0.44	0.49	0.45	-0.32	0.19		0.18	0.47	-0.62	0.3	0.69	-0.15	0.41	0.94	0.44	0.45	-0.17	0.85	0.39	-0.17	-0.16	-0.2	-0.11	-0.03
Cash	0.83	0.08	0.9	0.81	0.68	-0.68	-0.34	0.18		0.68	0.1	0.65	-0.02	0.91	0.01	-0.08	0.9	0.66	-0.26	-0.16	-0.05	-0.26	0.78	0.81	0.89	0.96
Non Current Assets Total	0.81	0.08	0.68	0.81	1.0	-0.66	-0.29	0.47	0.68		-0.18	0.7	0.19	0.62	0.06	0.28	0.68	0.5	-0.26	0.16	0.01	-0.26	0.74	0.7	0.71	0.57
Non Currrent Assets Other	-0.2	0.39	-0.02	-0.21	-0.19	-0.06	0.24	-0.62	0.1	-0.18		0.07	-0.33	0.24	-0.35	-0.64	-0.02	-0.2	0.59	-0.44	-0.36	0.59	0.26	0.29	0.24	0.28
Cash And Short Term Investments	0.66	0.52	0.53	0.67	0.68	-0.97	-0.34	0.3	0.65	0.7	0.07		0.26	0.5	0.17	0.16	0.53	0.54	-0.34	0.04	0.11	-0.34	0.62	0.61	0.54	0.53
Net Receivables	0.44	0.24	0.18	0.46	0.15	-0.28	0.46	0.69	-0.02	0.19	-0.33	0.26		-0.32	0.83	0.77	0.18	0.62	0.06	0.83	0.81	0.06	-0.29	-0.3	-0.27	-0.22
Common Stock Shares Outstanding	0.67	0.06	0.75	0.65	0.64	-0.52	-0.46	-0.15	0.91	0.62	0.24	0.5	-0.32		-0.2	-0.39	0.75	0.44	-0.23	-0.47	-0.25	-0.23	0.9	0.93	0.98	0.95
Short Term Investments	0.45	0.21	0.14	0.48	0.03	-0.19	0.29	0.41	0.01	0.06	-0.35	0.17	0.83	-0.2		0.52	0.14	0.75	-0.07	0.55	1.0	-0.07	-0.19	-0.21	-0.18	-0.15
Other Stockholder Equity	0.33	-0.03	0.18	0.34	0.25	-0.18	0.31	0.94	-0.08	0.28	-0.64	0.16	0.77	-0.39	0.52		0.18	0.36	-0.1	0.94	0.51	-0.1	-0.38	-0.41	-0.35	-0.3
Total Liab	0.84	0.08	1.0	0.82	0.68	-0.56	-0.17	0.44	0.9	0.68	-0.02	0.53	0.18	0.75	0.14	0.18		0.71	-0.18	0.11	0.09	-0.18	0.6	0.61	0.74	0.84
Total Current Assets	0.89	0.2	0.71	0.89	0.47	-0.57	0.01	0.45	0.66	0.5	-0.2	0.54	0.62	0.44	0.75	0.36	0.71		-0.21	0.33	0.71	-0.21	0.36	0.36	0.45	0.52
Short Long Term Debt Total	-0.27	-0.01	-0.18	-0.27	-0.29	0.36	0.87	-0.17	-0.26	-0.26	0.59	-0.34	0.06	-0.23	-0.07	-0.1	-0.18	-0.21		0.22	-0.07	1.0	-0.22	-0.23	-0.21	-0.18
Inventory	0.25	-0.03	0.11	0.26	0.12	-0.06	0.61	0.85	-0.16	0.16	-0.44	0.04	0.83	-0.47	0.55	0.94	0.11	0.33	0.22		0.54	0.22	-0.46	-0.49	-0.42	-0.36
Other Current Assets	0.4	0.19	0.09	0.42	-0.02	-0.12	0.29	0.39	-0.05	0.01	-0.36	0.11	0.81	-0.25	1.0	0.51	0.09	0.71	-0.07	0.54		-0.07	-0.24	-0.26	-0.23	-0.2
Short Term Debt	-0.27	-0.01	-0.18	-0.27	-0.29	0.36	0.87	-0.17	-0.26	-0.26	0.59	-0.34	0.06	-0.23	-0.07	-0.1	-0.18	-0.21	1.0	0.22	-0.07		-0.22	-0.23	-0.21	-0.18
Common Stock	0.62	0.14	0.6	0.61	0.76	-0.56	-0.48	-0.16	0.78	0.74	0.26	0.62	-0.29	0.9	-0.19	-0.38	0.6	0.36	-0.22	-0.46	-0.24	-0.22		0.93	0.92	0.82
Net Tangible Assets	0.64	0.23	0.61	0.63	0.71	-0.62	-0.5	-0.2	0.81	0.7	0.29	0.61	-0.3	0.93	-0.21	-0.41	0.61	0.36	-0.23	-0.49	-0.26	-0.23	0.93		0.97	0.85
Net Invested Capital	0.71	0.08	0.74	0.69	0.72	-0.56	-0.44	-0.11	0.89	0.71	0.24	0.54	-0.27	0.98	-0.18	-0.35	0.74	0.45	-0.21	-0.42	-0.23	-0.21	0.92	0.97		0.94
Net Working Capital	0.69	0.05	0.84	0.67	0.58	-0.55	-0.36	-0.03	0.96	0.57	0.28	0.53	-0.22	0.95	-0.15	-0.3	0.84	0.52	-0.18	-0.36	-0.2	-0.18	0.82	0.85	0.94

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District Metals Account Relationship Matchups

District Metals fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	7.9M	8.7M	10.1M	14.0M	16.1M	16.9M
Other Current Liab	130.4K	531.4K	240.8K	67.3K	77.4K	73.5K
Total Current Liabilities	592.6K	294.2K	119.2K	1.2M	1.1M	1.2M
Total Stockholder Equity	7.3M	8.4M	10.0M	12.8M	14.7M	15.4M
Property Plant And Equipment Net	3.6M	6.9M	7.4M	7.5M	8.7M	4.5M
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 Payable	61.2K	53.4K	52.0K	199.0K	179.1K	128.8K
Cash	3.6M	1.5M	2.5M	5.9M	6.7M	7.1M
Non Current Assets Total	3.8M	7.0M	7.5M	7.6M	8.7M	4.6M
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	67.8M	70.3M	73.0M	130.3M	149.9M	157.4M
Short Term Investments	125K	120K	40K	145K	166.8K	158.4K
Liabilities And Stockholders Equity	4.7M	7.9M	8.7M	10.1M	11.6M	6.2M
Total Liab	592.6K	294.2K	119.2K	1.2M	1.1M	1.2M
Total Current Assets	4.0M	1.7M	2.6M	6.4M	7.4M	7.8M
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	7.3M	8.4M	10.0M	12.8M	14.7M	15.4M
Net Working Capital	3.4M	1.4M	2.5M	5.2M	6.0M	6.3M
Capital Stock	64.2M	66.4M	68.7M	73.3M	84.3M	71.1M

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