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NetX Holdings BhdXKLS:0020 +33.33% Debt-to-Equity is 0.12 as of May. 2026, which is 50% above its 10-year median of 0.08. The stock has 3 warning signs investors should review. Among 2,247 Software companies, NetX Holdings Bhd ranks better than 61.19% 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 NetX Holdings Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:0020'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.27
Current: 0.12
During the past 13 years, the highest Debt-to-Equity Ratio of NetX Holdings Bhd was 0.27. The lowest was 0.01. And the median was 0.08.
XKLS:0020's Debt-to-Equity is ranked better than 61.19% of 2247
companies
in the Software industry
Industry Median: 0.19
vs XKLS:0020: 0.12
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.
NetX Holdings Bhd Debt-to-Equity Related Terms
NetX Holdings Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for NetX Holdings Bhd'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.
XKLS:0020 vs IBM, ACN, FISV: Debt-to-Equity Comparison
For the Information Technology Services subindustry, NetX Holdings Bhd'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.
NetX Holdings Bhd Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, NetX Holdings Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where NetX Holdings Bhd'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.
NetX Holdings Bhd (XKLS:0020) has a Debt-to-Equity of 0.12 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NetX Holdings Bhd and its competitors. This is 50% above median its historical median of 0.08. Over the past decade, NetX Holdings Bhd's Debt-to-Equity has ranged from 0.01 to 0.27. According to the industry distribution chart, NetX Holdings Bhd ranks #872 out of 2247 companies in the Software industry, placing it in the top 38.8%.
Is NetX Holdings Bhd's Debt-to-Equity too high?
NetX Holdings Bhd's current Debt-to-Equity of 0.12 is 50% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.27. The Software industry median Debt-to-Equity is 0.19. NetX Holdings Bhd's value of 0.12 is 36.8% below this industry median. Based on the distribution chart, NetX Holdings Bhd ranks #872 out of 2247 companies in the Software industry, which is above the industry midpoint.
How does NetX Holdings Bhd's Debt-to-Equity compare to IBM and ACN?
According to the Software industry distribution chart, NetX Holdings Bhd ranks #872 out of 2247 companies for Debt-to-Equity. This puts NetX Holdings Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.19. NetX Holdings Bhd's value of 0.12 is 36.8% below this benchmark. Historically, NetX Holdings Bhd's own Debt-to-Equity has ranged from 0.01 to 0.27 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.19, NetX Holdings Bhd 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 Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,247 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. NetX Holdings Bhd's current Debt-to-Equity of 0.12 is 36.8% 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 NetX Holdings Bhd and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetX Holdings Bhd's current Debt-to-Equity is 0.12, which is 50% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetX Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, NetX Holdings Bhd (XKLS:0020) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.06 — trading 50% above its estimated fair value. The current Debt-to-Equity is 0.12, which is 50% above median its 10-year median of 0.08 and 36.8% below the Software industry median of 0.19. 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 NetX Holdings Bhd (XKLS:0020), the current Debt-to-Equity is 0.12 as of May. 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.
NetX Holdings Bhd is an investment holding company. The Group operates in five different business segments according to the nature of activities of its subsidiaries, namely Nonpayment & IT Network services, Electronic Payment services, GEM, Money Lending, and Property Investment. The majority of its revenue is from Electronic Payment services: Involved in the provision of payment terminal and payment solutions, money exchange services, and its related software licensing and services. Geographically, operates in Malaysia and Hong Kong.
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