WEGOF (Wescan Goldfields) Debt-to-EBITDA : -0.18 (As of Mar. 2026)

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WEGOF Wescan Goldfields Inc WEGOF
30 GF Score
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! 3 Warning Signs
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What is Wescan Goldfields Debt-to-EBITDA?

Wescan Goldfields WEGOF 30 Debt-to-EBITDA is -0.18 as of Mar. 2026. GuruFocus rates WEGOF with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 595 Metals & Mining companies, Wescan Goldfields ranks worse than 168067.06% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Wescan Goldfields's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.23 Mil. Wescan Goldfields's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Wescan Goldfields's annualized EBITDA for the quarter that ended in Mar. 2026 was $-1.30 Mil. Wescan Goldfields's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -0.18.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Wescan Goldfields's Debt-to-EBITDA or its related term are showing as below:

WEGOF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.86   Med: -0.73   Max: -0.42
Current: -0.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of Wescan Goldfields was -0.42. The lowest was -0.86. And the median was -0.73.

WEGOF's Debt-to-EBITDA is ranked worse than
100% of 595 companies
in the Metals & Mining industry
Industry Median: 1.23 vs WEGOF: -0.42

Wescan Goldfields  (OTCPK:WEGOF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Wescan Goldfields Debt-to-EBITDA Related Terms


Wescan Goldfields Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Wescan Goldfields's Debt-to-EBITDA 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.

Wescan Goldfields Debt-to-EBITDA Chart

Wescan Goldfields Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.59 -0.86

Wescan Goldfields Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 -0.66 -0.84 -0.89 -0.50 -0.18

WEGOF vs NEM, AU: Debt-to-EBITDA Comparison

For the Gold subindustry, Wescan Goldfields's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Wescan Goldfields Debt-to-EBITDA vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wescan Goldfields's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Wescan Goldfields's Debt-to-EBITDA falls into.


WEGOF
30GF Score
Wescan Goldfields Inc WEGOF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Wescan Goldfields Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Wescan Goldfields's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.232 + 0) / -0.269
=-0.86

Wescan Goldfields's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.233 + 0) / -1.304
=-0.18

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.18 mean?
Wescan Goldfields (WEGOF) has a Debt-to-EBITDA of -0.18 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Wescan Goldfields. According to the industry distribution chart, Wescan Goldfields ranks #999999 out of 595 companies in the Metals & Mining industry.
Is Wescan Goldfields' Debt-to-EBITDA too high?
Wescan Goldfields' current Debt-to-EBITDA is -0.18. Based on the distribution chart, Wescan Goldfields ranks #999999 out of 595 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Wescan Goldfields has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Wescan Goldfields' Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wescan Goldfields ranks #999999 out of 595 companies for Debt-to-EBITDA. This places Wescan Goldfields in the lower half of its industry. The industry median Debt-to-EBITDA is 1.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.23, based on 595 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Wescan Goldfields. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wescan Goldfields's current Debt-to-EBITDA is -0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wescan Goldfields stock overvalued right now?
Wescan Goldfields (WEGOF) has a current Debt-to-EBITDA of -0.18. The current Debt-to-EBITDA is -0.18. Wescan Goldfields' overall GF Score™ is 30/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Wescan Goldfields (WEGOF), the current Debt-to-EBITDA is -0.18 as of Mar. 2026. 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.

Wescan Goldfields Business Description

Other Exchanges WGF:Canada
Address 602- 224 4th Avenue South, Saskatoon, SK, CAN, S7K 5M5
Wescan Goldfields Inc is engaged in the exploration and future development of its current exploration properties. Its properties include Jojay, Munro, and Fork Lake/Jasper/Tamar.
30GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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