WDGRF (Wedgemount Resources) Goodwill-to-Asset: 0.00 (As of Jan. 2026)

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What is Wedgemount Resources Goodwill-to-Asset?

Wedgemount Resources WDGRF Goodwill-to-Asset is 0.00 as of Jan. 2026. The stock has 7 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Wedgemount Resources's Goodwill for the quarter that ended in Jan. 2026 was $0.00 Mil. Wedgemount Resources's Total Assets for the quarter that ended in Jan. 2026 was $5.42 Mil. Therefore, Wedgemount Resources's Goodwill to Asset Ratio for the quarter that ended in Jan. 2026 was 0.00.


Wedgemount Resources  (OTCPK:WDGRF) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Wedgemount Resources Goodwill-to-Asset Related Terms


Wedgemount Resources Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Wedgemount Resources's Goodwill-to-Asset 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 Goodwill-to-Asset Chart

Wedgemount Resources Annual Data
Trend Jul21 Jul22 Jul23 Jul24 Jul25
Goodwill-to-Asset
0.00 0.00 0.00 0.00 0.00

Wedgemount Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Goodwill-to-Asset 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 0.00 0.00 0.00 0.00 0.00

WDGRF vs COP, EOG, FANG: Goodwill-to-Asset Comparison

For the Oil & Gas E&P subindustry, Wedgemount Resources's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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 Goodwill-to-Asset vs Oil & Gas Industry

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

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



Wedgemount Resources Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Wedgemount Resources's Goodwill to Asset Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Goodwill to Asset (A: Jul. 2025 )=Goodwill/Total Assets
=0/6.079
=0.00

Wedgemount Resources's Goodwill to Asset Ratio for the quarter that ended in Jan. 2026 is calculated as

Goodwill to Asset (Q: Jan. 2026 )=Goodwill/Total Assets
=0/5.419
=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 Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Wedgemount Resources (WDGRF) has a Goodwill-to-Asset of 0.00 as of Jan. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Wedgemount Resources and its competitors.
Is Wedgemount Resources' Goodwill-to-Asset too high?
Wedgemount Resources' current Goodwill-to-Asset is 0.00.
How does Wedgemount Resources' Goodwill-to-Asset compare to COP and EOG?
Wedgemount Resources' Goodwill-to-Asset of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for an Oil & Gas company?
A good Goodwill-to-Asset depends on the Oil & Gas industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Wedgemount Resources and its competitors. Wedgemount Resources's current Goodwill-to-Asset 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 Wedgemount Resources stock overvalued right now?
Based on GuruFocus' analysis, Wedgemount Resources (WDGRF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.11, compared to a current price of $0.05 — trading 50.9% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Wedgemount Resources (WDGRF), the current Goodwill-to-Asset is 0.00 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.