WDGRF (Wedgemount Resources) Debt-to-Equity: -0.43 (As of Jan. 2026)

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What is Wedgemount Resources Debt-to-Equity?

Wedgemount Resources WDGRF -0.01% Debt-to-Equity is -0.43 as of Jan. 2026. The stock has 7 warning signs investors should review. Among 795 Oil & Gas companies, Wedgemount Resources ranks worse than 125786.04% on this metric.

Wedgemount Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was $1.66 Mil. Wedgemount Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was $1.69 Mil. Wedgemount Resources's Total Stockholders Equity for the quarter that ended in Jan. 2026 was $-7.73 Mil. Wedgemount Resources's debt to equity for the quarter that ended in Jan. 2026 was -0.43.

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 Wedgemount Resources's Debt-to-Equity or its related term are showing as below:

WDGRF' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.72   Med: 0.42   Max: 16.3
Current: -0.43

During the past 5 years, the highest Debt-to-Equity Ratio of Wedgemount Resources was 16.30. The lowest was -6.72. And the median was 0.42.

WDGRF's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.46 vs WDGRF: -0.43

Wedgemount Resources  (OTCPK:WDGRF) 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.

Wedgemount Resources Debt-to-Equity Related Terms

Wedgemount Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Wedgemount 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.

Wedgemount Resources Debt-to-Equity Chart

Wedgemount Resources Annual Data
Trend Jul21 Jul22 Jul23 Jul24 Jul25
Debt-to-Equity
0.00 0.00 0.26 0.88 -0.48

Wedgemount Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 16.31 -6.72 -0.48 -0.45 -0.43

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

For the Oil & Gas E&P subindustry, Wedgemount 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.

Wedgemount Resources Debt-to-Equity vs Oil & Gas Industry

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

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


Wedgemount Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wedgemount Resources's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
=(1.397 + 1.589) / -6.197
=-0.48

Wedgemount Resources's Debt to Equity Ratio for the quarter that ended in Jan. 2026 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
=(1.66 + 1.688) / -7.734
=-0.43

* 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 -0.43 mean?
Wedgemount Resources (WDGRF) has a Debt-to-Equity of -0.43 as of Jan. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wedgemount Resources and its competitors. According to the industry distribution chart, Wedgemount Resources ranks #999999 out of 795 companies in the Oil & Gas industry.
Is Wedgemount Resources' Debt-to-Equity too high?
Wedgemount Resources' current Debt-to-Equity is -0.43. Based on the distribution chart, Wedgemount Resources ranks #999999 out of 795 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Wedgemount Resources' Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Wedgemount Resources ranks #999999 out of 795 companies for Debt-to-Equity. This places Wedgemount Resources in the lower half of its industry. The industry median Debt-to-Equity is 0.46. 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 0.46, based on 795 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 Wedgemount Resources and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wedgemount Resources's current Debt-to-Equity is -0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wedgemount Resources stock overvalued right now?
Based on GuruFocus' analysis, Wedgemount Resources (WDGRF) is currently considered Fairly Valued. The stock's GF Value™ is $0.07, compared to a current price of $0.07 — trading 4.8% below its estimated fair value. The current Debt-to-Equity is -0.43. 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 Wedgemount Resources (WDGRF), the current Debt-to-Equity is -0.43 as of Jan. 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.

Wedgemount Resources Business Description

Industry EnergyOil & Gas
Other Exchanges 8H5:GermanyWDGY:Canada
Address 2303 Lawson Avenue, West Vancouver, Vancouver, BC, CAN, V7V 2E5
Wedgemount Resources Corp is a Vancouver based company engaged in the exploration for and the development and operation of petroleum and natural gas in the U.S.A. The company's project includes Willowbend, TCS and Millican Projects. The company is focused on consolidating oil and gas assets through the acquisition, development, and operation of distressed oil properties.