DBGF (Panex Resources) Ending Cash Position: $0.52 Mil (As of Aug. 2016)

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What is Panex Resources Ending Cash Position?

Panex Resources DBGF Ending Cash Position is $0.52 Mil as of Aug. 2016.

Panex Resources's Ending Cash Position for the quarter that ended in Aug. 2016 was $0.52 Mil.

Panex Resources's quarterly Ending Cash Position increased from Feb. 2016 ($0.03 Mil) to May. 2016 ($0.21 Mil) and increased from May. 2016 ($0.21 Mil) to Aug. 2016 ($0.52 Mil).

Panex Resources's annual Ending Cash Position increased from Aug. 2014 ($0.00 Mil) to Aug. 2015 ($0.55 Mil) but then declined from Aug. 2015 ($0.55 Mil) to Aug. 2016 ($0.52 Mil).

Panex Resources Ending Cash Position Related Terms

Panex Resources Ending Cash Position Historical Data

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The historical data trend for Panex Resources's Ending 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 Ending Cash Position Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.00 0.00 0.55 0.52

Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
Ending 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 0.55 0.10 0.03 0.21 0.52

Panex Resources Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Panex Resources's Ending Cash Position for the fiscal year that ended in Aug. 2016 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.554+-0.037
=0.52

Panex Resources's Ending Cash Position for the quarter that ended in Aug. 2016 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.214+0.303
=0.52

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $0.52 Mil mean?
Panex Resources (DBGF) has a Ending Cash Position of $0.52 Mil as of Aug. 2016. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Panex Resources and its competitors.
Is Panex Resources' Ending Cash Position too high?
Panex Resources' current Ending Cash Position is $0.52 Mil.
How does Panex Resources' Ending Cash Position compare to competitors?
Panex Resources' Ending Cash Position of $0.52 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 Ending Cash Position for a Metals & Mining company?
A good Ending Cash Position depends on the Metals & Mining industry context. However, Ending 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 Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Panex Resources and its competitors. Panex Resources's current Ending Cash Position is $0.52 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 Ending Cash Position of $0.52 Mil. The current Ending Cash Position is $0.52 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Panex Resources (DBGF), the current Ending Cash Position is $0.52 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.