Panex Resources (Panex Resources) Total Liabilities : $0.21 Mil (As of Aug. 2016)

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What is Panex Resources Total Liabilities?

Panex Resources's Total Liabilities for the quarter that ended in Aug. 2016 was $0.21 Mil.

Panex Resources's quarterly Total Liabilities declined from Feb. 2016 ($0.06 Mil) to May. 2016 ($0.04 Mil) but then increased from May. 2016 ($0.04 Mil) to Aug. 2016 ($0.21 Mil).

Panex Resources's annual Total Liabilities declined from Aug. 2014 ($0.12 Mil) to Aug. 2015 ($0.08 Mil) but then increased from Aug. 2015 ($0.08 Mil) to Aug. 2016 ($0.21 Mil).

Panex Resources Total Liabilities Historical Data

The historical data trend for Panex Resources's Total Liabilities 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.

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Panex Resources Total Liabilities Chart

Panex Resources Annual Data

Trend

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Aug16

Total Liabilities

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0.33

0.34

0.12

0.08

0.21

Panex Resources Quarterly Data
	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16
Total Liabilities	Get a 7-Day Free Trial															0.08	0.06	0.06	0.04	0.21

Panex Resources Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Panex Resources's Total Liabilities for the fiscal year that ended in Aug. 2016 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.21	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.21

Total Liabilities	=	Total Assets (A: Aug. 2016 )	-	Total Equity (A: Aug. 2016 )
	=	0.633	-	0.423
	=	0.21

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

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.21	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.21

Total Liabilities	=	Total Assets (Q: Aug. 2016 )	-	Total Equity (Q: Aug. 2016 )
	=	0.633	-	0.423
	=	0.21

Panex Resources Total Liabilities Related Terms

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Panex Resources (Panex Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Panex Resources Inc (OTCPK:DBGF) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

504A Casabianca, 17 Bd du Larvotto, Monte Carlo, MCO, 98000

Website

http://www.panexresources.com

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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