DBGF (Panex Resources) Interest Expense: $0.00 Mil (TTM As of Aug. 2016)

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What is Panex Resources Interest Expense?

Panex Resources DBGF Interest Expense is $0.00 Mil as of Aug. 2016.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Panex Resources's interest expense for the three months ended in Aug. 2016 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2016 was $0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Panex Resources's Operating Income for the three months ended in Aug. 2016 was $ -0.49 Mil. Panex Resources's Interest Expense for the three months ended in Aug. 2016 was $ 0.00 Mil. Panex Resources has no long-term debt (1). The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Panex Resources  (OTCPK:DBGF) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Panex Resources's Interest Expense for the three months ended in Aug. 2016 was $0.00 Mil. Its Operating Income for the three months ended in Aug. 2016 was $-0.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2016 was $0.00 Mil.

Panex Resources's Interest Coverage for the quarter that ended in Aug. 2016 is calculated as

Panex Resources had no long-term debt (1).

* 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.

The higher the ratio, the stronger the company's financial strength is.

Panex Resources Interest Expense Historical Data

* Premium members only.

The historical data trend for Panex Resources's Interest Expense 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 Interest Expense Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 0.00 0.00 0.00 0.00

Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
Interest Expense 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 0.00 0.00 0.00 0.00 0.00

Panex Resources Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense 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 $0.00 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 Interest Expense →
What does a Interest Expense of $0.00 Mil mean?
Panex Resources (DBGF) has a Interest Expense of $0.00 Mil as of Aug. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on Panex Resources and its competitors.
Is Panex Resources' Interest Expense too high?
Panex Resources' current Interest Expense is $0.00 Mil.
How does Panex Resources' Interest Expense compare to competitors?
Panex Resources' Interest Expense of $0.00 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 Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Panex Resources and its competitors. Panex Resources's current Interest Expense is $0.00 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 Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Panex Resources (DBGF), the current Interest Expense is $0.00 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.