Green Ocean Bhd (XKLS:0074) Debt-to-Equity: 0.01 (As of Mar. 2026) — 94% Below 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.

What is Green Ocean Bhd Debt-to-Equity?

Green Ocean Bhd XKLS:0074 +11.76% Debt-to-Equity is 0.01 as of Mar. 2026, which is 94% below its 10-year median of 0.16. The stock has 3 warning signs investors should review. Among 1,746 Consumer Packaged Goods companies, Green Ocean Bhd ranks better than 99.94% on this metric.

Green Ocean Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM0.40 Mil. Green Ocean Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM0.06 Mil. Green Ocean Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM68.60 Mil. Green Ocean Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.01.

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

XKLS:0074' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.16   Max: 1.26
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Green Ocean Bhd was 1.26. The lowest was 0.00. And the median was 0.16.

XKLS:0074's Debt-to-Equity is ranked better than
99.94% of 1746 companies
in the Consumer Packaged Goods industry
Industry Median: 0.42 vs XKLS:0074: 0.01

Green Ocean Bhd  (XKLS:0074) 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.


Green Ocean Bhd Debt-to-Equity Related Terms


Green Ocean Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Green Ocean 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.

Green Ocean Bhd Debt-to-Equity Chart

Green Ocean Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22 Sep24 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.00 0.00 0.16 0.01

Green Ocean Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 N/A 0.24 0.09 0.01 0.01

XKLS:0074 vs ADM, BG, TSN: Debt-to-Equity Comparison

For the Farm Products subindustry, Green Ocean 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.


Green Ocean Bhd Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Ocean Bhd's Debt-to-Equity distribution charts can be found below:

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



Green Ocean Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Green Ocean Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Green Ocean 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 0.01 mean?
Green Ocean Bhd (XKLS:0074) has a Debt-to-Equity of 0.01 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Green Ocean Bhd and its competitors. This is 94% below median its historical median of 0.16. According to the industry distribution chart, Green Ocean Bhd ranks #1 out of 1746 companies in the Consumer Packaged Goods industry, placing it in the top 0.099999999999994%.
Is Green Ocean Bhd's Debt-to-Equity too high?
Green Ocean Bhd's current Debt-to-Equity of 0.01 is 94% below median its 10-year median of 0.16. The Consumer Packaged Goods industry median Debt-to-Equity is 0.42. Green Ocean Bhd's value of 0.01 is 97.6% below this industry median. Based on the distribution chart, Green Ocean Bhd ranks #1 out of 1746 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers.
How does Green Ocean Bhd's Debt-to-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Green Ocean Bhd ranks #1 out of 1746 companies for Debt-to-Equity. This places Green Ocean Bhd in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.42. Green Ocean Bhd's value of 0.01 is 97.6% below this benchmark. While the company's 10-year median is 0.16 vs. the industry median of 0.42, Green Ocean 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.42, based on 1,746 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. Green Ocean Bhd'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 Green Ocean Bhd and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Ocean Bhd's current Debt-to-Equity is 0.01, which is 94% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Ocean Bhd stock overvalued right now?
Based on GuruFocus' analysis, Green Ocean Bhd (XKLS:0074) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.16, compared to a current price of RM0.10 — trading 40.6% below its estimated fair value. The current Debt-to-Equity is 0.01, which is 94% below median its 10-year median of 0.16 and 97.6% below the Consumer Packaged Goods industry median of 0.42. 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 Green Ocean Bhd (XKLS:0074), the current Debt-to-Equity is 0.01 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.

Green Ocean Bhd Business Description

Address DF2-10-01 (Unit 2), Persoft Tower, Level 10, 6B, Persiaran Tropicana, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Green Ocean Corp Bhd is an investment holding company. The company is principally involved in the manufacturing and trading of gloves as well as the distribution and trading of food and beverage ("F&B") products. The company segment includes the Trading of gloves, the Distribution and trading of F&B, and others. The company generates the majority of its revenue from the Distribution and trading of F&B.