Western Gold Resources (ASX:WGR) Debt-to-Equity: 0.00 (As of Dec. 2025)

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What is Western Gold Resources Debt-to-Equity?

Western Gold Resources ASX:WGR Debt-to-Equity is 0.00 as of Dec. 2025. The stock has 1 warning sign investors should review. Among 1,224 Metals & Mining companies, Western Gold Resources ranks worse than 81699.26% on this metric.

Western Gold Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.00 Mil. Western Gold Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.00 Mil. Western Gold Resources's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$2.85 Mil. Western Gold Resources's debt to equity for the quarter that ended in Dec. 2025 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Western Gold Resources's Debt-to-Equity or its related term are showing as below:

During the past 5 years, the highest Debt-to-Equity Ratio of Western Gold Resources was 18.56. The lowest was 0.75. And the median was 3.55.

ASX:WGR's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Western Gold Resources  (ASX:WGR) Debt-to-Equity Explanation

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Western Gold Resources Debt-to-Equity Related Terms

Western Gold Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Western Gold Resources's Debt-to-Equity 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.

Western Gold Resources Debt-to-Equity Chart

Western Gold Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
18.56 0.00 0.00 0.75 0.00

Western Gold Resources Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.75 3.55 0.00 0.00

ASX:WGR vs NEM, AU: Debt-to-Equity Comparison

For the Gold subindustry, Western Gold Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Western Gold Resources Debt-to-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Western Gold Resources's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Western Gold Resources's Debt-to-Equity falls into.


Western Gold Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Western Gold Resources's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 1.38
=0.00

Western Gold Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 2.845
=0.00

* 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 Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Western Gold Resources (ASX:WGR) has a Debt-to-Equity of 0.00 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Western Gold Resources and its competitors. Over the past decade, Western Gold Resources' Debt-to-Equity has ranged from 0.75 to 18.56. According to the industry distribution chart, Western Gold Resources ranks #999999 out of 1224 companies in the Metals & Mining industry.
Is Western Gold Resources' Debt-to-Equity too high?
Western Gold Resources' current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 18.56. Based on the distribution chart, Western Gold Resources ranks #999999 out of 1224 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Western Gold Resources' Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Western Gold Resources ranks #999999 out of 1224 companies for Debt-to-Equity. This places Western Gold Resources in the lower half of its industry. The industry median Debt-to-Equity is 0.14. Historically, Western Gold Resources' own Debt-to-Equity has ranged from 0.75 to 18.56 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.14, based on 1,224 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Western Gold Resources and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Gold Resources's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Gold Resources stock overvalued right now?
Western Gold Resources (ASX:WGR) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Western Gold Resources (ASX:WGR), the current Debt-to-Equity is 0.00 as of Dec. 2025. 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.

Western Gold Resources Business Description

Other Exchanges 5ZN:Germany
Address 46 Colin Street, Level 4, West Perth, Perth, WA, AUS, 6005
Western Gold Resources Ltd focuses on the exploration of gold properties in Western Australia and West Africa. The company intends to explore the Wiluna West Gold Project located near the town of Wiluna in the Midwest region of Western Australia.