WEGOF (Wescan Goldfields) Financial Strength: 6 (As of Mar. 2026) — Near Median

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WEGOF Wescan Goldfields Inc WEGOF
29 GF Score
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What is Wescan Goldfields Financial Strength?

Wescan Goldfields WEGOF 29 Financial Strength is 6 as of Mar. 2026, which is at its 10-year median of 6.00. GuruFocus rates WEGOF with a GF Score™ of 29/100. The stock has 3 warning signs investors should review.

Wescan Goldfields has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Wescan Goldfields has no long-term debt (1). As of today, Wescan Goldfields's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term 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.


Wescan Goldfields  (OTCPK:WEGOF) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Wescan Goldfields has the Financial Strength Rank of 6.


Wescan Goldfields Financial Strength Related Terms


WEGOF vs NEM, AU: Financial Strength Comparison

For the Gold subindustry, Wescan Goldfields's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Wescan Goldfields Financial Strength vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wescan Goldfields's Financial Strength distribution charts can be found below:

* The bar in red indicates where Wescan Goldfields's Financial Strength falls into.


WEGOF
29GF Score
Wescan Goldfields Inc WEGOF
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Wescan Goldfields Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). 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.

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:

Wescan Goldfields's Interest Expense for the months ended in Mar. 2026 was $0.00 Mil. Its Operating Income for the months ended in Mar. 2026 was $-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil.

Wescan Goldfields's Interest Coverage for the quarter that ended in Mar. 2026 is

Wescan Goldfields had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Wescan Goldfields's Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.233 + 0) / 0
=N/A

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Wescan Goldfields has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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 Financial Strength →
What does a Financial Strength of 6 mean?
Wescan Goldfields (WEGOF) has a Financial Strength of 6 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Wescan Goldfields and its competitors. This is near median its historical median of 6.00. Over the past decade, Wescan Goldfields' Financial Strength has ranged from 5.00 to 7.00.
Is Wescan Goldfields' Financial Strength too high?
Wescan Goldfields' current Financial Strength of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. Overall, Wescan Goldfields has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Wescan Goldfields' Financial Strength compare to NEM and AU?
Wescan Goldfields' Financial Strength of 6 can be compared against companies in the Metals & Mining industry. Historically, Wescan Goldfields' own Financial Strength has ranged from 5.00 to 7.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Metals & Mining company?
A good Financial Strength depends on the Metals & Mining industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Wescan Goldfields and its competitors. Wescan Goldfields's current Financial Strength is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wescan Goldfields stock overvalued right now?
Wescan Goldfields (WEGOF) has a current Financial Strength of 6. The current Financial Strength is 6, which is near median its 10-year median of 6.00. Wescan Goldfields' overall GF Score™ is 29/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Wescan Goldfields (WEGOF), the current Financial Strength is 6 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.

Wescan Goldfields Business Description

Other Exchanges WGF:Canada
Address 602- 224 4th Avenue South, Saskatoon, SK, CAN, S7K 5M5
Wescan Goldfields Inc is engaged in the exploration and future development of its current exploration properties. Its properties include Jojay, Munro, and Fork Lake/Jasper/Tamar.
29GF Score

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

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