HE Group Bhd (XKLS:0296) Debt-to-Asset : 0.03 (As of Jun. 2026)

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XKLS:0296 HE Group Bhd XKLS:0296
50 GF Score
Price RM1.01
GF Value RM0.40
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is HE Group Bhd Debt-to-Asset?

HE Group Bhd XKLS:0296 +4.66% 50 Debt-to-Asset is 0.03 as of Jun. 2026. GuruFocus rates XKLS:0296 with a GF Score™ of 50/100 and a GF Value™ of RM0.40 (Significantly Overvalued). The stock has 6 warning signs investors should review.

HE Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM1.5 Mil. HE Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM2.4 Mil. HE Group Bhd's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was RM125.0 Mil. HE Group Bhd's debt to asset for the quarter that ended in Jun. 2026 was 0.03.

HE Group Bhd  (XKLS:0296) 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.

HE Group Bhd Debt-to-Asset Related Terms

HE Group Bhd Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for HE Group Bhd'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.

HE Group Bhd Debt-to-Asset Chart

HE Group Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
0.11 0.03 0.03 0.02

HE Group Bhd Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.03

XKLS:0296 vs PWR, FIX, EME: Debt-to-Asset Comparison

For the Engineering & Construction subindustry, HE Group Bhd'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.

HE Group Bhd Debt-to-Asset vs Construction Industry

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

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


XKLS:0296
50GF Score
HE Group Bhd XKLS:0296
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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HE Group Bhd Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

HE Group Bhd'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
=(1.162158 + 1.547755) / 114.135619
=0.02

HE Group Bhd's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1.518 + 2.374) / 124.957
=0.03

* 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 0.03 mean?
HE Group Bhd (XKLS:0296) has a Debt-to-Asset of 0.03 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on HE Group Bhd and its competitors.
Is HE Group Bhd's Debt-to-Asset too high?
HE Group Bhd's current Debt-to-Asset is 0.03. Overall, HE Group Bhd has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HE Group Bhd's Debt-to-Asset compare to PWR and FIX?
HE Group Bhd's Debt-to-Asset of 0.03 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 HE Group Bhd and its competitors. HE Group Bhd's current Debt-to-Asset 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 HE Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, HE Group Bhd (XKLS:0296) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.40, compared to a current price of RM1.01 — trading 152.5% above its estimated fair value. The current Debt-to-Asset is 0.03. HE Group Bhd's overall GF Score™ is 50/100 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 HE Group Bhd (XKLS:0296), the current Debt-to-Asset is 0.03 as of Jun. 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.

Is HE Group Bhd (XKLS:0296) Overvalued in 2026?

Based on GuruFocus' analysis, HE Group Bhd stock appears to be overvalued. The current stock price of RM1.01 is trading 152.5% above its estimated GF Value™ of RM0.40. GuruFocus considers HE Group Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0296:

  • Debt-to-Asset: 0.03
  • GF Value™: RM0.40 vs. price of RM1.01 (152.5% above fair value)
  • GF Score™: 50/100 with 6 warning signs

No single metric tells the full story. See the XKLS:0296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HE Group Bhd Business Description

Address No. 42, Jalan OP 1/5, Pusat Perdagangan One Puchong, Puchong, SGR, MYS, 47160
HE Group Bhd is an electrical engineering service provider focusing on power distribution systems for end-user premises such as industrial plants and industrial and commercial substations. It is involved in the design, supply, installation, testing, and commissioning of HV, MV, LV, and ELV power distribution systems, as well as hook-up and retrofitting of electrical equipment. It also provides other building systems and works, including mechanical systems, control, and instrumentation systems, as well as civil, structural, and architectural works. Its segment includes, the provision of power distribution systems that generates maximum revenue, other building systems and works, electrical equipment hook-up and retrofitting, and trading of electrical products.
50GF Score

Get the complete analysis for XKLS:0296

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

RM1.01
Price
RM0.40
GF Value