DBGF (Panex Resources) EBIT: $-0.69 Mil (TTM As of Aug. 2016)


What is Panex Resources EBIT?

Panex Resources DBGF EBIT is $-0.69 Mil as of Aug. 2016.

Panex Resources's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2016 was $-0.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2016 was $-0.69 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Panex Resources's annualized ROC % for the quarter that ended in Aug. 2016 was %. Panex Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2016 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Panex Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2016 was -614.29%.

Panex Resources  (OTCPK:DBGF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Panex Resources's annualized ROC % for the quarter that ended in Aug. 2016 is calculated as:

ROC % (Q: Aug. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2016 ) + Invested Capital (Q: Aug. 2016 ))/ count )
=-1.964 * ( 1 - 0% )/( (0 + 0)/ 2 )
=-1.964/0
= %

where

Invested Capital(Q: May. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.523 - 0.044 - ( 0.523 - max(0, 0.044 - 0.523+0.523))
=0

Invested Capital(Q: Aug. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.633 - 0.21 - ( 0.633 - max(0, 0.21 - 0.633+0.633))
=0

Note: The Operating Income data used here is four times the quarterly (Aug. 2016) data.

2. Joel Greenblatt's definition of Return on Capital:

Panex Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2016  Q: Aug. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.964/( ( (0 + max(-0.044, 0)) + (0 + max(-0.21, 0)) )/ 2 )
=-1.964/( ( 0 + 0 )/ 2 )
=-1.964/0
= %

where Working Capital is:

Working Capital(Q: May. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.044 + 0 + 0)
=-0.044

Working Capital(Q: Aug. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.21 + 0 + 0)
=-0.21

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Aug. 2016) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Panex Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2016 )
=-0.688/0.112
=-614.29 %

* 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 EBIT Related Terms

Panex Resources EBIT Historical Data

* Premium members only.

The historical data trend for Panex Resources's EBIT 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 EBIT Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.90 -0.14 -2.00 -0.40 -0.69

Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
EBIT 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 -0.12 -0.06 -0.08 -0.06 -0.49

Panex Resources EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Panex Resources's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Metals & Mining Industry

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

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


Panex Resources EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Aug. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.69 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-0.69 Mil mean?
Panex Resources (DBGF) has a EBIT of $-0.69 Mil as of Aug. 2016. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Panex Resources.
Is Panex Resources' EBIT too high?
Panex Resources' current EBIT is $-0.69 Mil.
How does Panex Resources' EBIT compare to competitors?
Panex Resources' EBIT of $-0.69 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 EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Panex Resources. Panex Resources's current EBIT is $-0.69 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 EBIT of $-0.69 Mil. The current EBIT is $-0.69 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Panex Resources (DBGF), the current EBIT is $-0.69 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.