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Westgold ResourcesWGXRF -1.69%72 Debt-to-Equity is 0.08 as of Dec. 2025, which is 14% above its 10-year median of 0.07. GuruFocus rates WGXRF with a GF Score™ of 72/100 and a GF Value™ of $3.16 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,228 Metals & Mining companies, Westgold Resources ranks better than 60.75% on this metric.
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 Westgold Resources's Debt-to-Equity or its related term are showing as below:
WGXRF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 0.09
Current: 0.08
During the past 9 years, the highest Debt-to-Equity Ratio of Westgold Resources was 0.09. The lowest was 0.03. And the median was 0.07.
WGXRF's Debt-to-Equity is ranked better than 60.75% of 1228
companies
in the Metals & Mining industry
Industry Median: 0.14
vs WGXRF: 0.08
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.
Westgold Resources Debt-to-Equity Related Terms
Westgold Resources Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Westgold 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.
For the Gold subindustry, Westgold 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.
Westgold Resources Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Westgold Resources's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Westgold Resources's Debt-to-Equity falls into.
* 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.
Westgold Resources (WGXRF) has a Debt-to-Equity of 0.08 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Westgold Resources and its competitors. This is 14% above median its historical median of 0.07. Over the past decade, Westgold Resources' Debt-to-Equity has ranged from 0.03 to 0.09. According to the industry distribution chart, Westgold Resources ranks #482 out of 1228 companies in the Metals & Mining industry, placing it in the top 39.3%.
Is Westgold Resources' Debt-to-Equity too high?
Westgold Resources' current Debt-to-Equity of 0.08 is 14% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.09. The Metals & Mining industry median Debt-to-Equity is 0.14. Westgold Resources' value of 0.08 is 42.9% below this industry median. Based on the distribution chart, Westgold Resources ranks #482 out of 1228 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Westgold Resources has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Westgold Resources' Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Westgold Resources ranks #482 out of 1228 companies for Debt-to-Equity. This puts Westgold Resources in the upper half of its industry. The industry median Debt-to-Equity is 0.14. Westgold Resources' value of 0.08 is 42.9% below this benchmark. Historically, Westgold Resources' own Debt-to-Equity has ranged from 0.03 to 0.09 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.14, Westgold Resources has consistently been below 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 a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.14, based on 1,228 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. Westgold Resources's current Debt-to-Equity of 0.08 is 42.9% below 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 Westgold 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. Westgold Resources's current Debt-to-Equity is 0.08, which is 14% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westgold Resources stock overvalued right now?
Based on GuruFocus' analysis, Westgold Resources (WGXRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.16, compared to a current price of $4.06 — trading 28.5% above its estimated fair value. The current Debt-to-Equity is 0.08, which is 14% above median its 10-year median of 0.07 and 42.9% below the Metals & Mining industry median of 0.14. Westgold Resources' overall GF Score™ is 72/100 with 4 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 Westgold Resources (WGXRF), the current Debt-to-Equity is 0.08 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.
Is Westgold Resources (WGXRF) Overvalued in 2026?
Based on GuruFocus' analysis, Westgold Resources stock appears to be overvalued.
The current stock price of $4.06 is trading 28.5% above its estimated GF Value™ of $3.16.
GuruFocus considers Westgold Resources to be Modestly Overvalued.
Key valuation signals for WGXRF:
Debt-to-Equity: 0.08 (14% above median its 10-year median of 0.07)
GF Value™: $3.16 vs. price of $4.06 (28.5% above fair value)
Industry Position: 42.9% below the Metals & Mining median (#482 of 1228)
No single metric tells the full story. See the WGXRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Westgold Resources Ltd is a gold producer with a large and strategic landholding across two of Western Australia's prolific gold regions, the Murchison and the Southern Goldfields. The group has acquired several square kilometers of land holdings and operates multiple underground mines and four processing hubs across these regions. Its reportable segments are: Murchison and Southern Goldfields. The majority of the group's revenue is generated from the Murchison segment, which incorporates the operations of its three processing hubs at Cue, Meekatharra, and Fortnum. The group generates maximum revenue from the sale of gold at spot, and the rest from the sale of silver.
72GF Score
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