WRLGF (West Red Lake Gold Mines) Debt-to-EBITDA : 9.78 (As of Mar. 2026) — 12% Above Median

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WRLGF West Red Lake Gold Mines Ltd WRLGF
26 GF Score
Price $0.47
! 3 Warning Signs
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What is West Red Lake Gold Mines Debt-to-EBITDA?

West Red Lake Gold Mines WRLGF -4.16% 26 Debt-to-EBITDA is 9.78 as of Mar. 2026, which is 12% above its 10-year median of 8.71. GuruFocus rates WRLGF with a GF Score™ of 26/100. The stock has 3 warning signs investors should review. Among 597 Metals & Mining companies, West Red Lake Gold Mines ranks worse than 85.09% on this metric.

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

West Red Lake Gold Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $18.2 Mil. West Red Lake Gold Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $75.5 Mil. West Red Lake Gold Mines's annualized EBITDA for the quarter that ended in Mar. 2026 was $9.6 Mil. West Red Lake Gold Mines's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 9.78.

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 West Red Lake Gold Mines's Debt-to-EBITDA or its related term are showing as below:

WRLGF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.24   Med: 8.71   Max: 17.66
Current: 6.27

During the past 13 years, the highest Debt-to-EBITDA Ratio of West Red Lake Gold Mines was 17.66. The lowest was -0.24. And the median was 8.71.

WRLGF's Debt-to-EBITDA is ranked worse than
85.09% of 597 companies
in the Metals & Mining industry
Industry Median: 1.2 vs WRLGF: 6.27

West Red Lake Gold Mines  (OTCPK:WRLGF) 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.


West Red Lake Gold Mines Debt-to-EBITDA Related Terms


West Red Lake Gold Mines Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for West Red Lake Gold Mines'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.

West Red Lake Gold Mines Debt-to-EBITDA Chart

West Red Lake Gold Mines Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.24 17.66

West Red Lake Gold Mines Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 -1.93 4.55 -49.92 2.49 9.78

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

For the Gold subindustry, West Red Lake Gold Mines'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.


West Red Lake Gold Mines Debt-to-EBITDA vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, West Red Lake Gold Mines's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where West Red Lake Gold Mines's Debt-to-EBITDA falls into.


WRLGF
26GF Score
West Red Lake Gold Mines Ltd WRLGF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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West Red Lake Gold Mines Debt-to-EBITDA Calculation

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

West Red Lake Gold Mines'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
=(14.056 + 75.575) / 5.076
=17.66

West Red Lake Gold Mines'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
=(18.185 + 75.506) / 9.576
=9.78

* 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 9.78 mean?
West Red Lake Gold Mines (WRLGF) has a Debt-to-EBITDA of 9.78 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 West Red Lake Gold Mines. This is 12% above median its historical median of 8.71. According to the industry distribution chart, West Red Lake Gold Mines ranks #508 out of 597 companies in the Metals & Mining industry, placing it in the top 85.1%.
Is West Red Lake Gold Mines' Debt-to-EBITDA too high?
West Red Lake Gold Mines' current Debt-to-EBITDA of 9.78 is 12% above median its 10-year median of 8.71. The Metals & Mining industry median Debt-to-EBITDA is 1.20. West Red Lake Gold Mines' value of 9.78 is 715% above this industry median. Based on the distribution chart, West Red Lake Gold Mines ranks #508 out of 597 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, West Red Lake Gold Mines has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does West Red Lake Gold Mines' Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West Red Lake Gold Mines ranks #508 out of 597 companies for Debt-to-EBITDA. This places West Red Lake Gold Mines in the lower half of its industry. The industry median Debt-to-EBITDA is 1.20. West Red Lake Gold Mines' value of 9.78 is 715% above this benchmark. While the company's 10-year median is 8.71 vs. the industry median of 1.20, West Red Lake Gold Mines has consistently been above the industry average. 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 1.20, based on 597 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. West Red Lake Gold Mines's current Debt-to-EBITDA of 9.78 is 715% above the industry median. 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 West Red Lake Gold Mines. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Red Lake Gold Mines's current Debt-to-EBITDA is 9.78, which is 12% above median its own 10-year median of 8.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Red Lake Gold Mines stock overvalued right now?
West Red Lake Gold Mines (WRLGF) has a current Debt-to-EBITDA of 9.78. The current Debt-to-EBITDA is 9.78, which is 12% above median its 10-year median of 8.71 and 715% above the Metals & Mining industry median of 1.20. West Red Lake Gold Mines' overall GF Score™ is 26/100 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 West Red Lake Gold Mines (WRLGF), the current Debt-to-EBITDA is 9.78 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.

West Red Lake Gold Mines Business Description

Other Exchanges UJ0:GermanyWRLG:Canada
Address 595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
West Red Lake Gold Mines Ltd operates in one reportable segment, being the acquisition, exploration, and development of gold properties. All of the Company's assets are located in Canada. Its projects include Madsen Mine and the Rowan Project.
26GF 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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