DBGF (Panex Resources) Beginning Cash Position: $0.21 Mil (As of Aug. 2016)

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What is Panex Resources Beginning Cash Position?

Panex Resources DBGF Beginning Cash Position is $0.21 Mil as of Aug. 2016.

Panex Resources's Beginning Cash Position for the quarter that ended in Aug. 2016 was $0.21 Mil.

Panex Resources's quarterly Beginning Cash Position declined from Feb. 2016 ($0.10 Mil) to May. 2016 ($0.03 Mil) but then increased from May. 2016 ($0.03 Mil) to Aug. 2016 ($0.21 Mil).

Panex Resources's annual Beginning Cash Position increased from Aug. 2014 ($0.00 Mil) to Aug. 2015 ($0.00 Mil) and increased from Aug. 2015 ($0.00 Mil) to Aug. 2016 ($0.55 Mil).

Panex Resources Beginning Cash Position Related Terms

Panex Resources Beginning Cash Position Historical Data

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The historical data trend for Panex Resources's Beginning Cash Position 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.

Panex Resources Beginning Cash Position Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.07 0.00 0.00 0.55

Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
Beginning Cash Position 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 -0.16 0.55 0.10 0.03 0.21

Panex Resources Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $0.21 Mil mean?
Panex Resources (DBGF) has a Beginning Cash Position of $0.21 Mil as of Aug. 2016. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Panex Resources and its competitors.
Is Panex Resources' Beginning Cash Position too high?
Panex Resources' current Beginning Cash Position is $0.21 Mil.
How does Panex Resources' Beginning Cash Position compare to competitors?
Panex Resources' Beginning Cash Position of $0.21 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Metals & Mining company?
A good Beginning Cash Position depends on the Metals & Mining industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Panex Resources and its competitors. Panex Resources's current Beginning Cash Position is $0.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panex Resources stock overvalued right now?
Panex Resources (DBGF) has a current Beginning Cash Position of $0.21 Mil. The current Beginning Cash Position is $0.21 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Panex Resources (DBGF), the current Beginning Cash Position is $0.21 Mil as of Aug. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Panex Resources Business Description

Address 504A Casabianca, 17 Bd du Larvotto, Monte Carlo, MCO, 98000
Panex Resources Inc is a mineral exploration company in Africa. It is engaged in the acquisition and exploration of mineral properties. The company is an exploration stage company. Its exploration program will be designed to explore for commercially viable deposits of base and precious minerals such as gold, silver, lead, barium, mercury, copper and zinc minerals.