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Western Energy Services (WRG) Ratios
Western Energy Services Ratios
TSE:WRG's free cash flow for Q3 2026 was $-13.92M. For the 2026 fiscal year, TSE:WRG's free cash flow was decreased by $-9.73M and operating cash flow was $-4.19M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.65 | 1.28 | 1.66 | 1.55 | 1.06 |
| Quick Ratio | 1.65 | 1.28 | 1.54 | 1.45 | 0.96 |
| Cash Ratio | 0.10 | 0.11 | 0.19 | 0.22 | 0.20 |
| Solvency Ratio | 0.14 | 0.25 | 0.24 | 0.40 | 0.02 |
| Operating Cash Flow Ratio | 1.16 | 1.34 | 1.68 | 0.72 | 0.44 |
| Short-Term Operating Cash Flow Coverage | 5333.17 | 49.36 | 32.46 | 10.42 | 1.50 |
| Net Current Asset Value | $ -67.56M | $ -90.29M | $ -96.53M | $ -111.63M | $ -229.15M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.23 | 0.23 | 0.26 | 0.28 | 0.53 |
| Debt-to-Equity Ratio | 0.33 | 0.34 | 0.39 | 0.44 | 1.30 |
| Debt-to-Capital Ratio | 0.25 | 0.25 | 0.28 | 0.30 | 0.57 |
| Long-Term Debt-to-Capital Ratio | 0.24 | 0.24 | 0.27 | 0.29 | 0.55 |
| Financial Leverage Ratio | 1.44 | 1.47 | 1.51 | 1.58 | 2.47 |
| Debt Service Coverage Ratio | 2.74 | 3.98 | 3.56 | 2.04 | 0.84 |
| Interest Coverage Ratio | 0.88 | 0.04 | 0.24 | -0.16 | -0.99 |
| Debt to Market Cap | 1.15 | 1.05 | 1.10 | 1.58 | 8.79 |
| Interest Debt Per Share | 2.82 | 3.22 | 3.75 | 6.20 | 341.59 |
| Net Debt to EBITDA | 3.89 | 2.23 | 2.41 | 3.24 | 10.38 |
| Profitability Margins | |||||
| Gross Profit Margin | 10.72% | 81.60% | 9.35% | 79.99% | 68.09% |
| EBIT Margin | -9.11% | 0.66% | 1.36% | 23.21% | -15.03% |
| EBITDA Margin | 9.92% | 19.12% | 19.42% | 18.94% | 17.04% |
| Operating Profit Margin | 3.62% | 0.17% | 1.21% | -1.12% | -14.74% |
| Pretax Profit Margin | -13.21% | -3.85% | -3.54% | 16.06% | -29.82% |
| Net Profit Margin | -11.95% | -3.21% | -3.09% | 14.47% | -27.20% |
| Continuous Operations Profit Margin | -11.78% | -3.08% | -2.95% | 14.63% | -27.20% |
| Net Income Per EBT | 90.50% | 83.37% | 87.17% | 90.12% | 91.20% |
| EBT Per EBIT | -364.73% | -2276.39% | -293.82% | -1433.32% | 202.31% |
| Return on Assets (ROA) | -6.87% | -1.66% | -1.63% | 6.10% | -7.85% |
| Return on Equity (ROE) | -9.88% | -2.44% | -2.46% | 9.65% | -19.41% |
| Return on Capital Employed (ROCE) | 2.24% | 0.10% | 0.68% | -0.51% | -4.64% |
| Return on Invested Capital (ROIC) | 1.99% | 0.08% | 0.56% | -0.46% | -4.10% |
| Return on Tangible Assets | -6.87% | -1.66% | -1.63% | 6.10% | -7.85% |
| Earnings Yield | -36.76% | -8.10% | -7.17% | 36.28% | -135.15% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.48 | 5.94 | 6.20 | 4.22 | 4.94 |
| Payables Turnover | 18.64 | 3.85 | 18.45 | 1.83 | 3.75 |
| Inventory Turnover | 3034.00 | 156.65 | 59.13 | 9.86 | 11.69 |
| Fixed Asset Turnover | 0.65 | 0.58 | 0.60 | 0.48 | 0.32 |
| Asset Turnover | 0.57 | 0.52 | 0.53 | 0.42 | 0.29 |
| Working Capital Turnover Ratio | 15.55 | 14.85 | 11.10 | 16.59 | 14.45 |
| Cash Conversion Cycle | 47.16 | -30.91 | 45.24 | -76.53 | 7.91 |
| Days of Sales Outstanding | 66.62 | 61.45 | 58.85 | 86.43 | 73.94 |
| Days of Inventory Outstanding | 0.12 | 2.33 | 6.17 | 37.01 | 31.22 |
| Days of Payables Outstanding | 19.58 | 94.69 | 19.78 | 199.97 | 97.25 |
| Operating Cycle | 66.74 | 63.78 | 65.02 | 123.44 | 105.17 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 0.95 | 1.38 | 1.52 | 1.21 | 21.84 |
| Free Cash Flow Per Share | 0.31 | 0.74 | 0.85 | -0.24 | 12.82 |
| Dividend Paid and CapEx Coverage Ratio | 1.48 | 2.17 | 2.27 | 0.83 | 2.42 |
| Capital Expenditure Coverage Ratio | 1.48 | 2.17 | 2.27 | 0.83 | 2.42 |
| Operating Cash Flow Coverage Ratio | 0.37 | 0.47 | 0.45 | 0.22 | 0.07 |
| Operating Cash Flow to Sales Ratio | 0.15 | 0.21 | 0.22 | 0.14 | 0.13 |
| Free Cash Flow Yield | 14.59% | 28.52% | 28.59% | -7.11% | 36.85% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -2.71 | -12.43 | -13.95 | 2.76 | -0.74 |
| Price-to-Sales (P/S) Ratio | 0.33 | 0.40 | 0.43 | 0.40 | 0.20 |
| Price-to-Book (P/B) Ratio | 0.27 | 0.30 | 0.34 | 0.27 | 0.14 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 6.85 | 3.51 | 3.50 | -14.06 | 2.71 |
| Price-to-Operating Cash Flow Ratio | 2.21 | 1.89 | 1.96 | 2.80 | 1.59 |
| Price-to-Earnings Growth (PEG) Ratio | -0.01 | 0.00 | 0.12 | -0.03 | -0.00 |
| Enterprise Value Multiple | 7.17 | 4.30 | 4.63 | 5.34 | 11.56 |
| Enterprise Value | 154.67M | 183.29M | 209.80M | 202.75M | 259.44M |
| EV to EBITDA | 7.17 | 4.30 | 4.63 | 5.34 | 11.56 |
| EV to Sales | 0.71 | 0.82 | 0.90 | 1.01 | 1.97 |
| EV to Free Cash Flow | 14.98 | 7.28 | 7.30 | -35.65 | 26.57 |
| EV to Operating Cash Flow | 4.83 | 3.92 | 4.09 | 7.10 | 15.60 |
| Tangible Book Value Per Share | 7.84 | 8.74 | 8.74 | 12.83 | 244.93 |
| Shareholders’ Equity Per Share | 7.78 | 8.68 | 8.67 | 12.75 | 242.31 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.11 | 0.20 | 0.17 | 0.09 | 0.09 |
| Revenue Per Share | 6.43 | 6.59 | 6.90 | 8.50 | 172.93 |
| Net Income Per Share | -0.77 | -0.21 | -0.21 | 1.23 | -47.03 |
| Tax Burden | 0.91 | 0.83 | 0.87 | 0.90 | 0.91 |
| Interest Burden | 1.45 | -5.79 | -2.60 | 0.69 | 1.98 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.07 | 0.10 | 0.07 | 0.08 | 0.08 |
| Stock-Based Compensation to Revenue | -0.00 | 0.00 | 0.01 | 0.01 | 0.00 |
| Income Quality | -1.25 | -6.82 | -7.13 | 0.97 | -0.46 |
Currency in CAD