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District Mines (TSXV:DIG.H) Net Margin % : 425.00% (As of Dec. 2023)


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What is District Mines Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. District Mines's Net Income for the three months ended in Dec. 2023 was C$0.02 Mil. District Mines's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Therefore, District Mines's net margin for the quarter that ended in Dec. 2023 was 425.00%.

The historical rank and industry rank for District Mines's Net Margin % or its related term are showing as below:

TSXV:DIG.H' s Net Margin % Range Over the Past 10 Years
Min: -5480   Med: -2291.67   Max: -30.71
Current: -3583.33


TSXV:DIG.H's Net Margin % is ranked worse than
97.96% of 978 companies
in the Oil & Gas industry
Industry Median: 3.86 vs TSXV:DIG.H: -3583.33

District Mines Net Margin % Historical Data

The historical data trend for District Mines's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

District Mines Net Margin % Chart

District Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,000.00 -5,480.00 -1,643.48 -1,336.00 -3,583.33

District Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,355.56 -7,400.00 - -6,100.00 425.00

Competitive Comparison of District Mines's Net Margin %

For the Oil & Gas E&P subindustry, District Mines's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


District Mines's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, District Mines's Net Margin % distribution charts can be found below:

* The bar in red indicates where District Mines's Net Margin % falls into.



District Mines Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

District Mines's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-0.215/0.006
=-3,583.33 %

District Mines's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=0.017/0.004
=425.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


District Mines  (TSXV:DIG.H) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


District Mines Net Margin % Related Terms

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District Mines (TSXV:DIG.H) Business Description

Traded in Other Exchanges
N/A
Address
1030 West Georgia, Suite 1507, Vancouver, BC, CAN, V6E 2Y3
District Mines Ltd explores and develops petroleum and natural gas reserves in Western Canada. It generates revenue from oil and gas.

District Mines (TSXV:DIG.H) Headlines

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