WDGRF (Wedgemount Resources) Interest Expense: $-0.34 Mil (TTM As of Jan. 2026)


What is Wedgemount Resources Interest Expense?

Wedgemount Resources WDGRF +6.94% Interest Expense is $-0.34 Mil as of Jan. 2026. The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wedgemount Resources's interest expense for the three months ended in Jan. 2026 was $ -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2026 was $-0.34 Mil.

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. Wedgemount Resources's Operating Income for the three months ended in Jan. 2026 was $ -0.88 Mil. Wedgemount Resources's Interest Expense for the three months ended in Jan. 2026 was $ -0.09 Mil. Wedgemount Resources did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Wedgemount Resources  (OTCPK:WDGRF) Interest Expense Explanation

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. The higher, the better.

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

Wedgemount Resources's Interest Expense for the three months ended in Jan. 2026 was $-0.09 Mil. Its Operating Income for the three months ended in Jan. 2026 was $-0.88 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2026 was $1.69 Mil.

Wedgemount Resources's Interest Coverage for the quarter that ended in Jan. 2026 is calculated as

Wedgemount Resources did not have earnings to cover the interest expense.

* 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.

Wedgemount Resources Interest Expense Historical Data

* Premium members only.

The historical data trend for Wedgemount Resources's Interest Expense 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 Interest Expense Chart

Wedgemount Resources Annual Data
Trend Jul21 Jul22 Jul23 Jul24 Jul25
Interest Expense
0.00 0.00 -0.05 -0.13 -0.33

Wedgemount Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Interest Expense 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 -0.08 -0.08 -0.09 -0.09 -0.09

Wedgemount Resources Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.34 Mil.

* 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 Interest Expense →
What does a Interest Expense of $-0.34 Mil mean?
Wedgemount Resources (WDGRF) has a Interest Expense of $-0.34 Mil as of Jan. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Wedgemount Resources and its competitors.
Is Wedgemount Resources' Interest Expense too high?
Wedgemount Resources' current Interest Expense is $-0.34 Mil.
How does Wedgemount Resources' Interest Expense compare to COP and EOG?
Wedgemount Resources' Interest Expense of $-0.34 Mil 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 Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Wedgemount Resources and its competitors. Wedgemount Resources's current Interest Expense is $-0.34 Mil. 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 Modestly Undervalued. The stock's GF Value™ is $0.08, compared to a current price of $0.07 — trading 16% below its estimated fair value. The current Interest Expense is $-0.34 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Wedgemount Resources (WDGRF), the current Interest Expense is $-0.34 Mil 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.