DBGF (Panex Resources) ROCE %: -435.48% (As of Aug. 2016)


What is Panex Resources ROCE %?

Panex Resources DBGF ROCE % is -435.48% as of Aug. 2016.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Panex Resources's annualized ROCE % for the quarter that ended in Aug. 2016 was -435.48%.

Panex Resources  (OTCPK:DBGF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Panex Resources ROCE % Related Terms

Panex Resources ROCE % Historical Data

* Premium members only.

The historical data trend for Panex Resources's ROCE % 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 ROCE % Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -446.70 -43.66 -135.37

Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
ROCE % 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 -67.17 -45.99 -51.53 -40.17 -435.48

Panex Resources ROCE % Calculation

Panex Resources's annualized ROCE % for the fiscal year that ended in Aug. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2016 )  (A: Aug. 2015 )(A: Aug. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2016 )  (A: Aug. 2015 )(A: Aug. 2016 )
=-0.687/( ( (0.667 - 0.075) + (0.633 - 0.21) )/ 2 )
=-0.687/( (0.592+0.423)/ 2 )
=-0.687/0.5075
=-135.37 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2016 )  (Q: May. 2016 )(Q: Aug. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2016 )  (Q: May. 2016 )(Q: Aug. 2016 )
=-1.964/( ( (0.523 - 0.044) + (0.633 - 0.21) )/ 2 )
=-1.964/( ( 0.479 + 0.423 )/ 2 )
=-1.964/0.451
=-435.48 %

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

* 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 ROCE % →
What does a ROCE % of -435.48% mean?
Panex Resources (DBGF) has a ROCE % of -435.48% as of Aug. 2016.
Is Panex Resources' ROCE % too high?
Panex Resources' current ROCE % is -435.48%.
How does Panex Resources' ROCE % compare to competitors?
Panex Resources' ROCE % of -435.48% 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 ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Panex Resources's current ROCE % is -435.48%. 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 ROCE % of -435.48%. The current ROCE % is -435.48%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Panex Resources (DBGF), the current ROCE % is -435.48% 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.