Digistar Bhd (XKLS:0029) Debt-to-Equity: 2.93 (As of Mar. 2026) — 17% Below Median

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What is Digistar Bhd Debt-to-Equity?

Digistar Bhd XKLS:0029 +12.50% Debt-to-Equity is 2.93 as of Mar. 2026, which is 17% below its 10-year median of 3.51. The stock has 3 warning signs investors should review. Among 506 Conglomerates companies, Digistar Bhd ranks worse than 93.48% on this metric.

Digistar Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM29.45 Mil. Digistar Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM150.76 Mil. Digistar Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM61.62 Mil. Digistar Bhd's debt to equity for the quarter that ended in Mar. 2026 was 2.92.

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 Digistar Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0029' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.77   Med: 3.51   Max: 5.03
Current: 2.93

During the past 13 years, the highest Debt-to-Equity Ratio of Digistar Bhd was 5.03. The lowest was 2.77. And the median was 3.51.

XKLS:0029's Debt-to-Equity is ranked worse than
93.48% of 506 companies
in the Conglomerates industry
Industry Median: 0.535 vs XKLS:0029: 2.93

Digistar Bhd  (XKLS:0029) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Digistar Bhd Debt-to-Equity Related Terms


Digistar Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Digistar 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.

Digistar Bhd Debt-to-Equity Chart

Digistar Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 3.78 3.17 3.13 2.93

Digistar Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.93 2.95 2.93 2.97 2.93

XKLS:0029 vs MMM, HON: Debt-to-Equity Comparison

For the Conglomerates subindustry, Digistar 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.


Digistar Bhd Debt-to-Equity vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Digistar Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Digistar Bhd's Debt-to-Equity falls into.



Digistar Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digistar Bhd's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Digistar Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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-Equity →
What does a Debt-to-Equity of 2.93 mean?
Digistar Bhd (XKLS:0029) has a Debt-to-Equity of 2.93 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Digistar Bhd and its competitors. This is 17% below median its historical median of 3.51. Over the past decade, Digistar Bhd's Debt-to-Equity has ranged from 2.77 to 5.03. According to the industry distribution chart, Digistar Bhd ranks #473 out of 506 companies in the Conglomerates industry, placing it in the top 93.5%.
Is Digistar Bhd's Debt-to-Equity too high?
Digistar Bhd's current Debt-to-Equity of 2.93 is 17% below median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 5.03. The Conglomerates industry median Debt-to-Equity is 0.54. Digistar Bhd's value of 2.93 is 447.7% above this industry median. Based on the distribution chart, Digistar Bhd ranks #473 out of 506 companies in the Conglomerates industry, which is in the bottom quartile relative to peers.
How does Digistar Bhd's Debt-to-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Digistar Bhd ranks #473 out of 506 companies for Debt-to-Equity. This places Digistar Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.54. Digistar Bhd's value of 2.93 is 447.7% above this benchmark. Historically, Digistar Bhd's own Debt-to-Equity has ranged from 2.77 to 5.03 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 0.54, Digistar Bhd has consistently been above 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.54, based on 506 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. Digistar Bhd's current Debt-to-Equity of 2.93 is 447.7% above 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 Digistar Bhd and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digistar Bhd's current Debt-to-Equity is 2.93, which is 17% below median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digistar Bhd stock overvalued right now?
Digistar Bhd (XKLS:0029) has a current Debt-to-Equity of 2.93. The current Debt-to-Equity is 2.93, which is 17% below median its 10-year median of 3.51 and 447.7% above the Conglomerates industry median of 0.54. 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 Digistar Bhd (XKLS:0029), the current Debt-to-Equity is 2.93 as of Mar. 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.

Digistar Bhd Business Description

Address Jalan Ampang Utama 1/2, B6/4/4, 3rd Floor, One Ampang Business Avenue, Ampang, SGR, MYS, 68000
Digistar Corp Bhd is an investment holding company. It operates through the following segments: System integration segment, Investment holding segment, Rental and hotel segment, Concession segment, and Property development segment. The company generates the majority of its revenue from the Concession segment. The Concession segment includes concession arrangements between the Group and the Grantor for the privatization of the design, development, construction, and completion of the Facilities and Infrastructure for JKR Training Institute and to carry out the Asset Management Services. It operates in a single geographical segment, which is Malaysia.