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

Panex Resources Debt-to-Equity Chart

Panex Resources Annual Data
	Trend	Aug07	Aug08	Aug09	Aug10	Aug11	Aug12	Aug13	Aug14	Aug15	Aug16
Debt-to-Equity		Get a 7-Day Free Trial					-	-0.33	-	-	-

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-Equity	Get a 7-Day Free Trial															-	-	-	-	-

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

For the Other Industrial Metals & Mining subindustry, Panex Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity Distribution in the Metals & Mining Industry

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

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

Panex Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Panex Resources's Debt to Equity Ratio for the quarter that ended in Aug. 2016 is calculated as

* 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  (OTCPK:DBGF) Debt-to-Equity Explanation

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Panex Resources Debt-to-Equity Related Terms

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

Panex Resources (Panex Resources) Business Description