Excel Force MSC Bhd (XKLS:0065) Debt-to-Equity: 0.11 (As of Mar. 2026) — 83% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0065 Excel Force MSC Bhd XKLS:0065
53 GF Score
Price RM0.17
GF Value RM0.25
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Excel Force MSC Bhd Debt-to-Equity?

Excel Force MSC Bhd XKLS:0065 +3.03% 53 Debt-to-Equity is 0.11 as of Mar. 2026, which is 83% above its 10-year median of 0.06. GuruFocus rates XKLS:0065 with a GF Score™ of 53/100 and a GF Value™ of RM0.25 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,244 Software companies, Excel Force MSC Bhd ranks better than 63.19% on this metric.

Excel Force MSC Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM2.43 Mil. Excel Force MSC Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM11.82 Mil. Excel Force MSC Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM125.80 Mil. Excel Force MSC Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.11.

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

XKLS:0065' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.06   Max: 0.13
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Excel Force MSC Bhd was 0.13. The lowest was 0.00. And the median was 0.06.

XKLS:0065's Debt-to-Equity is ranked better than
63.19% of 2244 companies
in the Software industry
Industry Median: 0.19 vs XKLS:0065: 0.11

Excel Force MSC Bhd  (XKLS:0065) 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.


Excel Force MSC Bhd Debt-to-Equity Related Terms


Excel Force MSC Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Excel Force MSC 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.

Excel Force MSC Bhd Debt-to-Equity Chart

Excel Force MSC Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.07 0.06

Excel Force MSC Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.06 0.06 0.06 0.05 0.11

XKLS:0065 vs QH, SHOP, UBER: Debt-to-Equity Comparison

For the Software - Application subindustry, Excel Force MSC 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.


Excel Force MSC Bhd Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Excel Force MSC Bhd's Debt-to-Equity distribution charts can be found below:

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


XKLS:0065
53GF Score
Excel Force MSC Bhd XKLS:0065
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Excel Force MSC Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Excel Force MSC Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Excel Force MSC 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 0.11 mean?
Excel Force MSC Bhd (XKLS:0065) has a Debt-to-Equity of 0.11 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Excel Force MSC Bhd and its competitors. This is 83% above median its historical median of 0.06. According to the industry distribution chart, Excel Force MSC Bhd ranks #826 out of 2244 companies in the Software industry, placing it in the top 36.8%.
Is Excel Force MSC Bhd's Debt-to-Equity too high?
Excel Force MSC Bhd's current Debt-to-Equity of 0.11 is 83% above median its 10-year median of 0.06. The Software industry median Debt-to-Equity is 0.19. Excel Force MSC Bhd's value of 0.11 is 42.1% below this industry median. Based on the distribution chart, Excel Force MSC Bhd ranks #826 out of 2244 companies in the Software industry, which is above the industry midpoint. Overall, Excel Force MSC Bhd has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Excel Force MSC Bhd's Debt-to-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Excel Force MSC Bhd ranks #826 out of 2244 companies for Debt-to-Equity. This puts Excel Force MSC Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.19. Excel Force MSC Bhd's value of 0.11 is 42.1% below this benchmark. While the company's 10-year median is 0.06 vs. the industry median of 0.19, Excel Force MSC 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 2,244 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. Excel Force MSC Bhd's current Debt-to-Equity of 0.11 is 42.1% 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 Excel Force MSC 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. Excel Force MSC Bhd's current Debt-to-Equity is 0.11, which is 83% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excel Force MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, Excel Force MSC Bhd (XKLS:0065) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.25, compared to a current price of RM0.17 — trading 32% below its estimated fair value. The current Debt-to-Equity is 0.11, which is 83% above median its 10-year median of 0.06 and 42.1% below the Software industry median of 0.19. Excel Force MSC Bhd's overall GF Score™ is 53/100 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 Excel Force MSC Bhd (XKLS:0065), the current Debt-to-Equity is 0.11 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.

Is Excel Force MSC Bhd (XKLS:0065) Overvalued in 2026?

Based on GuruFocus' analysis, Excel Force MSC Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 32% below its estimated GF Value™ of RM0.25. GuruFocus considers Excel Force MSC Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0065:

  • Debt-to-Equity: 0.11 (83% above median its 10-year median of 0.06)
  • GF Value™: RM0.25 vs. price of RM0.17 (32% below fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 42.1% below the Software median (#826 of 2244)

No single metric tells the full story. See the XKLS:0065 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Excel Force MSC Bhd Business Description

Address Number 8, Jalan Damansara, PJU 8, Level 31, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820
Excel Force MSC Bhd is an information technology solution provider involved in the design, development, deployment, and maintenance of application and system solutions for the financial services industry, stockbroking, and investment banks. The company operates through three segments, Application Solutions, Maintenance Services, and Application Services Provider. The majority of the revenue is generated from the Application services provider division which generates revenue from outsourcing services charge which is volume and transaction based. Its products include CyberBroker Front Office, CyberBroker Middle Office, CyberBroker Back Office, StockBanking System, and Fundamental Analysis System. The company operates in Malaysia, Singapore, and other countries.
53GF Score

Get the complete analysis for XKLS:0065

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

RM0.17
Price
RM0.25
GF Value