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DBGF (Panex Resources) LT-Debt-to-Total-Asset : 0.00 (As of Aug. 2016)


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What is Panex Resources LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Panex Resources's long-term debt to total assests ratio for the quarter that ended in Aug. 2016 was 0.00.

Panex Resources's long-term debt to total assets ratio stayed the same from Aug. 2015 (0.00) to Aug. 2016 (0.00).


Panex Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Panex Resources's LT-Debt-to-Total-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.

* Premium members only.

Panex Resources LT-Debt-to-Total-Asset Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
LT-Debt-to-Total-Asset
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Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
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Panex Resources LT-Debt-to-Total-Asset Calculation

Panex Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2016 is calculated as

LT Debt to Total Assets (A: Aug. 2016 )=Long-Term Debt & Capital Lease Obligation (A: Aug. 2016 )/Total Assets (A: Aug. 2016 )
=0/0.633
=

Panex Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2016 is calculated as

LT Debt to Total Assets (Q: Aug. 2016 )=Long-Term Debt & Capital Lease Obligation (Q: Aug. 2016 )/Total Assets (Q: Aug. 2016 )
=0/0.633
=

* 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.


Panex Resources  (OTCPK:DBGF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


Panex Resources LT-Debt-to-Total-Asset Related Terms

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Panex Resources Business Description

Traded in Other Exchanges
N/A
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.

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