DBGF (Panex Resources) Equity-to-Asset: 0.67 (As of Aug. 2016)

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What is Panex Resources Equity-to-Asset?

Panex Resources DBGF Equity-to-Asset is 0.67 as of Aug. 2016.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Panex Resources's Total Stockholders Equity for the quarter that ended in Aug. 2016 was $0.42 Mil. Panex Resources's Total Assets for the quarter that ended in Aug. 2016 was $0.63 Mil.

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

DBGF's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

Panex Resources  (OTCPK:DBGF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Panex Resources Equity-to-Asset Related Terms


Panex Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Panex Resources's Equity-to-Asset 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 Equity-to-Asset Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.06 -336.00 0.91 0.89 0.67

Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
Equity-to-Asset 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 0.89 0.90 0.92 0.92 0.67

Panex Resources Equity-to-Asset Competitor Comparison

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

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

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



Panex Resources Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Aug. 2016 )=Total Stockholders Equity/Total Assets
=0.423/0.633
=

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

Equity to Asset (Q: Aug. 2016 )=Total Stockholders Equity/Total Assets
=0.423/0.633
=

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.67 mean?
Panex Resources (DBGF) has a Equity-to-Asset of 0.67 as of Aug. 2016. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Panex Resources and its competitors.
Is Panex Resources' Equity-to-Asset too high?
Panex Resources' current Equity-to-Asset is 0.67. The Metals & Mining industry median Equity-to-Asset is 0.79. Panex Resources' value of 0.67 is 15.2% below this industry median.
How does Panex Resources' Equity-to-Asset compare to competitors?
Panex Resources' Equity-to-Asset of 0.67 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.79. Panex Resources' value of 0.67 is 15.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.79, based on 2,670 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Panex Resources's current Equity-to-Asset of 0.67 is 15.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Panex Resources and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panex Resources's current Equity-to-Asset is 0.67. 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 Equity-to-Asset of 0.67. The current Equity-to-Asset is 0.67 and 15.2% below the Metals & Mining industry median of 0.79. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Panex Resources (DBGF), the current Equity-to-Asset is 0.67 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.