GPIPF (Wescan Energy) Debt-to-Equity: 3.36 (As of Mar. 2026) — 273% Above Median

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GPIPF Wescan Energy Corp GPIPF
32 GF Score
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What is Wescan Energy Debt-to-Equity?

Wescan Energy GPIPF -93.50% 32 Debt-to-Equity is 3.36 as of Mar. 2026, which is 273% above its 10-year median of 0.90. GuruFocus rates GPIPF with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 796 Oil & Gas companies, Wescan Energy ranks worse than 94.72% on this metric.

Wescan Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.90 Mil. Wescan Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.30 Mil. Wescan Energy's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $0.65 Mil. Wescan Energy's debt to equity for the quarter that ended in Mar. 2026 was 3.36.

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 Wescan Energy's Debt-to-Equity or its related term are showing as below:

GPIPF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.9   Max: 3.37
Current: 3.37

During the past 13 years, the highest Debt-to-Equity Ratio of Wescan Energy was 3.37. The lowest was 0.22. And the median was 0.90.

GPIPF's Debt-to-Equity is ranked worse than
94.72% of 796 companies
in the Oil & Gas industry
Industry Median: 0.465 vs GPIPF: 3.37

Wescan Energy  (OTCPK:GPIPF) 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.


Wescan Energy Debt-to-Equity Related Terms


Wescan Energy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Wescan Energy'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.

Wescan Energy Debt-to-Equity Chart

Wescan Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 1.13 1.06 1.52 3.36

Wescan Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 1.52 1.59 3.69 3.31 3.36

GPIPF vs COP, EOG, FANG: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, Wescan Energy'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.


Wescan Energy Debt-to-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wescan Energy's Debt-to-Equity distribution charts can be found below:

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


GPIPF
32GF Score
Wescan Energy Corp GPIPF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Wescan Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wescan Energy's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Wescan Energy's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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 3.36 mean?
Wescan Energy (GPIPF) has a Debt-to-Equity of 3.36 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wescan Energy and its competitors. This is 273% above median its historical median of 0.90. Over the past decade, Wescan Energy's Debt-to-Equity has ranged from 0.22 to 3.37. According to the industry distribution chart, Wescan Energy ranks #754 out of 796 companies in the Oil & Gas industry, placing it in the top 94.7%.
Is Wescan Energy's Debt-to-Equity too high?
Wescan Energy's current Debt-to-Equity of 3.36 is 273% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 3.37. The Oil & Gas industry median Debt-to-Equity is 0.47. Wescan Energy's value of 3.36 is 622.6% above this industry median. Based on the distribution chart, Wescan Energy ranks #754 out of 796 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Wescan Energy has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Wescan Energy's Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Wescan Energy ranks #754 out of 796 companies for Debt-to-Equity. This places Wescan Energy in the lower half of its industry. The industry median Debt-to-Equity is 0.47. Wescan Energy's value of 3.36 is 622.6% above this benchmark. Historically, Wescan Energy's own Debt-to-Equity has ranged from 0.22 to 3.37 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.47, Wescan Energy 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-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.47, based on 796 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. Wescan Energy's current Debt-to-Equity of 3.36 is 622.6% 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-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 Wescan Energy and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wescan Energy's current Debt-to-Equity is 3.36, which is 273% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wescan Energy stock overvalued right now?
Wescan Energy (GPIPF) has a current Debt-to-Equity of 3.36. The current Debt-to-Equity is 3.36, which is 273% above median its 10-year median of 0.90 and 622.6% above the Oil & Gas industry median of 0.47. Wescan Energy's overall GF Score™ is 32/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Wescan Energy (GPIPF), the current Debt-to-Equity is 3.36 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 Energy Business Description

Industry EnergyOil & Gas
Other Exchanges WCE:Canada
Address 520 - 5th Avenue SW, Suite 2500, Calgary, AB, CAN, T2P 3R5
Wescan Energy Corp is in the business of oil and gas exploration, development and production with oil and gas operations and property interests in Alberta, Canada and Texas, U.S.A. It operates in a single reporting segment which is Oil and Gas Exploration and Production.
32GF Score

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