FGL (Founder Group) Debt-to-Asset : 0.68 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FGL Founder Group Ltd FGL
17 GF Score
Price $0.97
! 6 Warning Signs
View Full Analysis

What is Founder Group Debt-to-Asset?

Founder Group FGL +5.23% 17 Debt-to-Asset is 0.68 as of Dec. 2025. GuruFocus rates FGL with a GF Score™ of 17/100. The stock has 6 warning signs investors should review.

Founder Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $26.96 Mil. Founder Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $4.40 Mil. Founder Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2025 was $46.41 Mil. Founder Group's debt to asset for the quarter that ended in Dec. 2025 was 0.68.

Founder Group  (NAS:FGL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Founder Group Debt-to-Asset Related Terms

Founder Group Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Founder Group's Debt-to-Asset 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.

Founder Group Debt-to-Asset Chart

Founder Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
0.02 0.13 0.30 0.31 0.68

Founder Group Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Asset Get a 7-Day Free Trial 0.30 0.38 0.31 0.52 0.68

FGL vs GRHI, MDLK, SODE: Debt-to-Asset Comparison

For the Engineering & Construction subindustry, Founder Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Founder Group Debt-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, Founder Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Founder Group's Debt-to-Asset falls into.


FGL
17GF Score
Founder Group Ltd FGL
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Founder Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Founder Group's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(26.963 + 4.401) / 46.414
=0.68

Founder Group's Debt-to-Asset for the quarter that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(26.963 + 4.401) / 46.414
=0.68

* 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 Debt-to-Asset →
What does a Debt-to-Asset of 0.68 mean?
Founder Group (FGL) has a Debt-to-Asset of 0.68 as of Dec. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Founder Group and its competitors.
Is Founder Group's Debt-to-Asset too high?
Founder Group's current Debt-to-Asset is 0.68. Overall, Founder Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Founder Group's Debt-to-Asset compare to GRHI and MDLK?
Founder Group's Debt-to-Asset of 0.68 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Construction company?
A good Debt-to-Asset depends on the Construction industry context. However, Debt-to-Asset 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 Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Founder Group and its competitors. Founder Group's current Debt-to-Asset is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Founder Group stock overvalued right now?
Founder Group (FGL) has a current Debt-to-Asset of 0.68. The current Debt-to-Asset is 0.68. Founder Group's overall GF Score™ is 17/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Founder Group (FGL), the current Debt-to-Asset is 0.68 as of Dec. 2025. 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.

Founder Group Business Description

Address No. 17, Jalan Astana 1D, Bandar Bukit Raja, Klang, SGR, MYS, 41050
Founder Group Ltd is a solar solutions provider in Malaysia, offering end-to-end services for commercial and industrial sectors, as well as large-scale solar power projects, encompassing project design, engineering, and comprehensive project management. Its focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. Large-scale solar projects are utility scale solar PV power plants with installed generating capacity of 1 MWac or more. C&I projects are smaller scale solar projects where the solar PV systems are installed on rooftops and are designed to generate electricity for commercial and industrial properties for their own consumption, such as factories, warehouses, and commercial stores. Its revenue is derived from Malaysia.
17GF Score

Get the complete analysis for FGL

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

$0.97
Price