Go Innovate Asia Bhd (XKLS:03028) Debt-to-Asset : 0.05 (As of Jun. 2025)

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What is Go Innovate Asia Bhd Debt-to-Asset?

Go Innovate Asia Bhd XKLS:03028 Debt-to-Asset is 0.05 as of Jun. 2025. The stock has 3 warning signs investors should review.

Go Innovate Asia Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was RM5 Mil. Go Innovate Asia Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was RM2 Mil. Go Innovate Asia Bhd's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2025 was RM149 Mil. Go Innovate Asia Bhd's debt to asset for the quarter that ended in Jun. 2025 was 0.05.

Go Innovate Asia Bhd  (XKLS:03028) 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.

Go Innovate Asia Bhd Debt-to-Asset Related Terms

Go Innovate Asia Bhd Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Go Innovate Asia 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.

Go Innovate Asia Bhd Debt-to-Asset Chart

Go Innovate Asia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
Get a 7-Day Free Trial 0.11 0.06 0.20 0.15 0.10

Go Innovate Asia Bhd Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.15 0.03 0.10 0.05

XKLS:03028 vs MS, GS, SCHW: Debt-to-Asset Comparison

For the Capital Markets subindustry, Go Innovate Asia 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.

Go Innovate Asia Bhd Debt-to-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Go Innovate Asia Bhd's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Go Innovate Asia Bhd's Debt-to-Asset falls into.


Go Innovate Asia Bhd Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Go Innovate Asia Bhd's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(6.238803 + 2.350703) / 90.462084
=0.09

Go Innovate Asia Bhd's Debt-to-Asset for the quarter that ended in Jun. 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
=(5.429 + 2.251) / 149.07
=0.05

* 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 0.05 mean?
Go Innovate Asia Bhd (XKLS:03028) has a Debt-to-Asset of 0.05 as of Jun. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Go Innovate Asia Bhd and its competitors.
Is Go Innovate Asia Bhd's Debt-to-Asset too high?
Go Innovate Asia Bhd's current Debt-to-Asset is 0.05.
How does Go Innovate Asia Bhd's Debt-to-Asset compare to MS and GS?
Go Innovate Asia Bhd's Debt-to-Asset of 0.05 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Debt-to-Asset depends on the Capital Markets 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 Go Innovate Asia Bhd and its competitors. Go Innovate Asia Bhd's current Debt-to-Asset is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Debt-to-Asset of 0.05. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Debt-to-Asset is 0.05. 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 Go Innovate Asia Bhd (XKLS:03028), the current Debt-to-Asset is 0.05 as of Jun. 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.

Go Innovate Asia Bhd Business Description

Address 3A-D, Jalan USJ10/1A, Subang Jaya, Kuala Lumpur, SGR, MYS, 47610
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.