WDGRF (Wedgemount Resources) Asset Turnover: 0.03 (As of Jan. 2026)

What is Wedgemount Resources Asset Turnover?

Wedgemount Resources WDGRF +20.80% Asset Turnover is 0.03 as of Jan. 2026. The stock has 8 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Wedgemount Resources's Revenue for the three months ended in Jan. 2026 was $0.17 Mil. Wedgemount Resources's Total Assets for the quarter that ended in Jan. 2026 was $5.58 Mil. Therefore, Wedgemount Resources's Asset Turnover for the quarter that ended in Jan. 2026 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Wedgemount Resources's annualized ROE % for the quarter that ended in Jan. 2026 was 61.10%. It is also linked to ROA % through Du Pont Formula. Wedgemount Resources's annualized ROA % for the quarter that ended in Jan. 2026 was -80.54%.

Wedgemount Resources (OTCPK:WDGRF) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Wedgemount Resources's annulized ROE % for the quarter that ended in Jan. 2026 is

	ROE %^**		(Q: Jan. 2026 )
=	Net Income	/	Total Stockholders Equity
=	-4.492	/	-7.352
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-4.492 / 0.668)	*	(0.668 / 5.5775)	*	(5.5775/ -7.352)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-672.46 %	*	0.1198	*	-0.7586
=	ROA %	*	Equity Multiplier
=	-80.54 %	*	-0.7586
=	61.10 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) revenue data.

* 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 ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Wedgemount Resources's annulized ROA % for the quarter that ended in Jan. 2026 is

	ROA %		(Q: Jan. 2026 )
=	Net Income	/	Total Assets
=	-4.492	/	5.5775
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-4.492 / 0.668)	*	(0.668 / 5.5775)
=	Net Margin %	*	Asset Turnover
=	-672.46 %	*	0.1198
=	-80.54 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) revenue data.

Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Wedgemount Resources Asset Turnover Related Terms

Wedgemount Resources Asset Turnover Historical Data

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The historical data trend for Wedgemount Resources's Asset Turnover can be seen below:

Wedgemount Resources Asset Turnover Chart

Wedgemount Resources Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Jul25

Asset Turnover

0.00

0.10

0.17

0.19

Wedgemount Resources Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26
Asset Turnover	Get a 7-Day Free Trial															0.03	0.03	0.03	0.04	0.03

WDGRF vs COP, EOG, OXY: Asset Turnover Comparison

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

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

* The bar in red indicates where Wedgemount Resources's Asset Turnover falls into.

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Wedgemount Resources Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Jul. 2025 )	/	( (Total Assets (A: Jul. 2024 )	+	Total Assets (A: Jul. 2025 ))	/ count )
=	1.095	/	( (5.419	+	6.079)	/ 2 )
=	1.095	/	5.749
=	0.19

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

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Jan. 2026 )	/	( (Total Assets (Q: Oct. 2025 )	+	Total Assets (Q: Jan. 2026 ))	/ count )
=	0.167	/	( (5.736	+	5.419)	/ 2 )
=	0.167	/	5.5775
=	0.03

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →

What does a Asset Turnover of 0.03 mean?

Wedgemount Resources (WDGRF) has a Asset Turnover of 0.03 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Wedgemount Resources and its competitors.

Is Wedgemount Resources' Asset Turnover too high?

Wedgemount Resources' current Asset Turnover is 0.03.

How does Wedgemount Resources' Asset Turnover compare to COP and EOG?

Wedgemount Resources' Asset Turnover of 0.03 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 Asset Turnover for an Oil & Gas company?

A good Asset Turnover depends on the Oil & Gas industry context. However, Asset Turnover 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 Asset Turnover mean?

A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Wedgemount Resources and its competitors. Wedgemount Resources's current Asset Turnover is 0.03. 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 $0.07 — trading 40.9% below its estimated fair value. The current Asset Turnover is 0.03. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Asset Turnover calculated?

Asset Turnover is calculated from a company's financial statements. For Wedgemount Resources (WDGRF), the current Asset Turnover is 0.03 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 Energy Oil & Gas

Comparable Companies TSXV:CAI TSXV:SPI TSXV:WCE TSXV:MET TSXV:MCM.A XCNQ:SQX TSXV:TUK TSXV:WCSB TSXV:MCS TSXV:VVC HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Other Exchanges 8H5:Germany WDGY:Canada

Address 2303 Lawson Avenue, West Vancouver, Vancouver, BC, CAN, V7V 2E5

Website https://www.wedgemountresources.com

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.