Wesdome Gold Mines (TSX:WDO) Interest Coverage: 374.50 (As of Mar. 2026) — 385% Above Median


TSX:WDO Wesdome Gold Mines Ltd TSX:WDO
100 GF Score
Price C$24.66
GF Value C$31.32
Valuation Modestly Undervalued
View Full Analysis

What is Wesdome Gold Mines Interest Coverage?

Wesdome Gold Mines TSX:WDO +2.79% 100 Interest Coverage is 374.50 as of Mar. 2026, which is 385% above its 10-year median of 77.22. GuruFocus rates TSX:WDO with a GF Score™ of 100/100 and a GF Value™ of C$31.32 (Modestly Undervalued). Among 1,317 Metals & Mining companies, Wesdome Gold Mines ranks worse than 62.79% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Wesdome Gold Mines's Operating Income for the three months ended in Mar. 2026 was C$178 Mil. Wesdome Gold Mines's Interest Expense for the three months ended in Mar. 2026 was C$-0 Mil. Wesdome Gold Mines's interest coverage for the quarter that ended in Mar. 2026 was 374.50. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Wesdome Gold Mines Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Wesdome Gold Mines's Interest Coverage or its related term are showing as below:

TSX:WDO' s Interest Coverage Range Over the Past 10 Years
Min: 1.11   Med: 77.22   Max: 311.34
Current: 256.9


TSX:WDO's Interest Coverage is ranked worse than
62.79% of 1317 companies
in the Metals & Mining industry
Industry Median: No Debt vs TSX:WDO: 256.90

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Wesdome Gold Mines  (TSX:WDO) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Wesdome Gold Mines Interest Coverage Related Terms


Wesdome Gold Mines Interest Coverage Historical Data

* Premium members only.

The historical data trend for Wesdome Gold Mines's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Wesdome Gold Mines Interest Coverage Chart

Wesdome Gold Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.30 8.48 1.11 81.85 311.34

Wesdome Gold Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 328.17 385.86 2,459.96 114.43 374.50

TSX:WDO vs NEM, AU: Interest Coverage Comparison

For the Gold subindustry, Wesdome Gold Mines's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Wesdome Gold Mines Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wesdome Gold Mines's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wesdome Gold Mines's Interest Coverage falls into.


TSX:WDO
100GF Score
Wesdome Gold Mines Ltd TSX:WDO
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wesdome Gold Mines Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Wesdome Gold Mines's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Wesdome Gold Mines's Interest Expense was C$-2 Mil. Its Operating Income was C$510 Mil. And its Long-Term Debt & Capital Lease Obligation was C$3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*509.969/-1.638
=311.34

Wesdome Gold Mines's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Wesdome Gold Mines's Interest Expense was C$-0 Mil. Its Operating Income was C$178 Mil. And its Long-Term Debt & Capital Lease Obligation was C$2 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*177.514/-0.474
=374.50

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 374.50 mean?
Wesdome Gold Mines (TSX:WDO) has a Interest Coverage of 374.50 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wesdome Gold Mines and its competitors. This is 385% above median its historical median of 77.22. Over the past decade, Wesdome Gold Mines' Interest Coverage has ranged from 1.11 to 311.34. According to the industry distribution chart, Wesdome Gold Mines ranks #827 out of 1317 companies in the Metals & Mining industry, placing it in the top 62.8%.
Is Wesdome Gold Mines' Interest Coverage too high?
Wesdome Gold Mines' current Interest Coverage of 374.50 is 385% above median its 10-year median of 77.22. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 311.34. The Metals & Mining industry median Interest Coverage is 10,000.00. Wesdome Gold Mines' value of 374.50 is 96.3% below this industry median. Based on the distribution chart, Wesdome Gold Mines ranks #827 out of 1317 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Wesdome Gold Mines has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wesdome Gold Mines ranks #827 out of 1317 companies for Interest Coverage. This places Wesdome Gold Mines in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Wesdome Gold Mines' value of 374.50 is 96.3% below this benchmark. Historically, Wesdome Gold Mines' own Interest Coverage has ranged from 1.11 to 311.34 over the past decade. While the company's 10-year median is 77.22 vs. the industry median of 10,000.00, Wesdome Gold Mines 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 Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,317 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wesdome Gold Mines's current Interest Coverage of 374.50 is 96.3% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wesdome Gold Mines and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wesdome Gold Mines's current Interest Coverage is 374.50, which is 385% above median its own 10-year median of 77.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesdome Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Wesdome Gold Mines (TSX:WDO) is currently considered Modestly Undervalued. The stock's GF Value™ is C$31.32, compared to a current price of C$24.66 — trading 21.3% below its estimated fair value. The current Interest Coverage is 374.50, which is 385% above median its 10-year median of 77.22 and 96.3% below the Metals & Mining industry median of 10,000.00. Wesdome Gold Mines' overall GF Score™ is 100/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Wesdome Gold Mines (TSX:WDO), the current Interest Coverage is 374.50 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.

Is Wesdome Gold Mines (TSX:WDO) Overvalued in 2026?

Based on GuruFocus' analysis, Wesdome Gold Mines stock appears to be undervalued. The current stock price of C$24.66 is trading 21.3% below its estimated GF Value™ of C$31.32. GuruFocus considers Wesdome Gold Mines to be Modestly Undervalued.

Key valuation signals for TSX:WDO:

  • Interest Coverage: 374.50 (385% above median its 10-year median of 77.22)
  • GF Value™: C$31.32 vs. price of C$24.66 (21.3% below fair value)
  • GF Score™: 100/100
  • Industry Position: 96.3% below the Metals & Mining median (#827 of 1317)

No single metric tells the full story. See the TSX:WDO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wesdome Gold Mines Business Description

Address 220 Bay Street, Suite 1200, Toronto, ON, CAN, M5J 2W4
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex, and Mishi Open Pit gold mines. The activities of the group function through Canada and it derives revenue from the sale of gold and silver bullion. The company operates in one segment which is the gold mining and related activities industry including exploration, extraction, processing and decommissioning.
100GF Score

Get the complete analysis for TSX:WDO

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$24.66
Price
C$31.32
GF Value