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DBGF (Panex Resources) Debt-to-EBITDA : 0.00 (As of Aug. 2016)


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What is Panex Resources Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Panex Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2016 was $0.00 Mil. Panex Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2016 was $0.00 Mil. Panex Resources's annualized EBITDA for the quarter that ended in Aug. 2016 was $-1.96 Mil. Panex Resources's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2016 was 0.00.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Panex Resources's Debt-to-EBITDA or its related term are showing as below:

DBGF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.765
* Ranked among companies with meaningful Debt-to-EBITDA only.

Panex Resources Debt-to-EBITDA Historical Data

The historical data trend for Panex Resources's Debt-to-EBITDA 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.

Panex Resources Debt-to-EBITDA Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.76 - - -

Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
Debt-to-EBITDA 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 - - - - -

Competitive Comparison of Panex Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Panex Resources's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Panex Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Panex Resources's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Panex Resources's Debt-to-EBITDA falls into.



Panex Resources Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Panex Resources's Debt-to-EBITDA for the fiscal year that ended in Aug. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.687
=0.00

Panex Resources's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -1.964
=0.00

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Aug. 2016) EBITDA data.


Panex Resources  (OTCPK:DBGF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Panex Resources Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Panex Resources's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Panex Resources Business Description

Traded in Other Exchanges
N/A
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.

Panex Resources Headlines

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