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FBS GlobalFBGL -2.61%32 Debt-to-Equity is 0.01 as of Dec. 2025, which is 98% below its 10-year median of 0.52. GuruFocus rates FBGL with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 1,611 Construction companies, FBS Global ranks better than 99.94% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for FBS Global's Debt-to-Equity or its related term are showing as below:
FBGL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.52 Max: 2.73
Current: 0.01
During the past 6 years, the highest Debt-to-Equity Ratio of FBS Global was 2.73. The lowest was 0.01. And the median was 0.52.
FBGL's Debt-to-Equity is ranked better than 99.94% of 1611
companies
in the Construction industry
Industry Median: 0.41
vs FBGL: 0.01
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
FBS Global Debt-to-Equity Related Terms
FBS Global Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for FBS Global's Debt-to-Equity 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.
FBGL vs MSGY, MIMI, MGN: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, FBS Global's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
FBS Global Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, FBS Global's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where FBS Global's Debt-to-Equity falls into.
* 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.
FBS Global (FBGL) has a Debt-to-Equity of 0.01 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FBS Global and its competitors. This is 98% below median its historical median of 0.52. Over the past decade, FBS Global's Debt-to-Equity has ranged from 0.01 to 2.73. According to the industry distribution chart, FBS Global ranks #1 out of 1611 companies in the Construction industry, placing it in the top 0.099999999999994%.
Is FBS Global's Debt-to-Equity too high?
FBS Global's current Debt-to-Equity of 0.01 is 98% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 2.73. The Construction industry median Debt-to-Equity is 0.41. FBS Global's value of 0.01 is 97.6% below this industry median. Based on the distribution chart, FBS Global ranks #1 out of 1611 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, FBS Global has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does FBS Global's Debt-to-Equity compare to MSGY and MIMI?
According to the Construction industry distribution chart, FBS Global ranks #1 out of 1611 companies for Debt-to-Equity. This places FBS Global in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. FBS Global's value of 0.01 is 97.6% below this benchmark. Historically, FBS Global's own Debt-to-Equity has ranged from 0.01 to 2.73 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.41, FBS Global has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,611 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FBS Global's current Debt-to-Equity of 0.01 is 97.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FBS Global and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FBS Global's current Debt-to-Equity is 0.01, which is 98% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FBS Global stock overvalued right now?
FBS Global (FBGL) has a current Debt-to-Equity of 0.01. The current Debt-to-Equity is 0.01, which is 98% below median its 10-year median of 0.52 and 97.6% below the Construction industry median of 0.41. FBS Global's overall GF Score™ is 32/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For FBS Global (FBGL), the current Debt-to-Equity is 0.01 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.
FBS Global Ltd is a green building contractor and an established interior fit-out specialist in institutional, residential, commercial, and industrial building projects. As a green contractor focused on environmentally sound practices, the company aims to bid tenders for green building projects, use green construction methods and green materials for construction projects, including design, supply, and installation of ceilings, partitions, timber deck, carpet, acoustic wall paneling, built-in furniture, as well as mechanical and electrical services of a building. The company's revenue is derived mainly from the construction contracts and sales of construction materials.
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