GDEX Bhd (XKLS:0078) Debt-to-Equity: 0.23 (As of Mar. 2026) — 21% Above Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:0078 GDEX Bhd XKLS:0078
64 GF Score
Price RM0.13
GF Value RM0.19
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is GDEX Bhd Debt-to-Equity?

GDEX Bhd XKLS:0078 64 Debt-to-Equity is 0.23 as of Mar. 2026, which is 21% above its 10-year median of 0.19. GuruFocus rates XKLS:0078 with a GF Score™ of 64/100 and a GF Value™ of RM0.19 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 911 Transportation companies, GDEX Bhd ranks better than 74.42% on this metric.

GDEX Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM24.2 Mil. GDEX Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM63.9 Mil. GDEX Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM387.9 Mil. GDEX Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.23.

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

XKLS:0078' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.19   Max: 0.27
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of GDEX Bhd was 0.27. The lowest was 0.05. And the median was 0.19.

XKLS:0078's Debt-to-Equity is ranked better than
74.42% of 911 companies
in the Transportation industry
Industry Median: 0.53 vs XKLS:0078: 0.23

GDEX Bhd  (XKLS:0078) 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.


GDEX Bhd Debt-to-Equity Related Terms


GDEX Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for GDEX 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.

GDEX Bhd Debt-to-Equity Chart

GDEX Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.26 0.25 0.26 0.23

GDEX Bhd Quarterly Data
Dec20 Mar21 Sep21 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 0.27 0.25 0.24 0.23 0.23

XKLS:0078 vs UPS, FDX, JBHT: Debt-to-Equity Comparison

For the Integrated Freight & Logistics subindustry, GDEX 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.


GDEX Bhd Debt-to-Equity vs Transportation Industry

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

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


XKLS:0078
64GF Score
GDEX Bhd XKLS:0078
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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GDEX Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

GDEX 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 0.23 mean?
GDEX Bhd (XKLS:0078) has a Debt-to-Equity of 0.23 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on GDEX Bhd and its competitors. This is 21% above median its historical median of 0.19. Over the past decade, GDEX Bhd's Debt-to-Equity has ranged from 0.05 to 0.27. According to the industry distribution chart, GDEX Bhd ranks #233 out of 911 companies in the Transportation industry, placing it in the top 25.6%.
Is GDEX Bhd's Debt-to-Equity too high?
GDEX Bhd's current Debt-to-Equity of 0.23 is 21% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.27. The Transportation industry median Debt-to-Equity is 0.53. GDEX Bhd's value of 0.23 is 56.6% below this industry median. Based on the distribution chart, GDEX Bhd ranks #233 out of 911 companies in the Transportation industry, which is above the industry midpoint. Overall, GDEX Bhd has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GDEX Bhd's Debt-to-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, GDEX Bhd ranks #233 out of 911 companies for Debt-to-Equity. This puts GDEX Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.53. GDEX Bhd's value of 0.23 is 56.6% below this benchmark. Historically, GDEX Bhd's own Debt-to-Equity has ranged from 0.05 to 0.27 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.53, GDEX 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 911 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. GDEX Bhd's current Debt-to-Equity of 0.23 is 56.6% 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 GDEX Bhd and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GDEX Bhd's current Debt-to-Equity is 0.23, which is 21% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDEX Bhd stock overvalued right now?
Based on GuruFocus' analysis, GDEX Bhd (XKLS:0078) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.13 — trading 34.2% below its estimated fair value. The current Debt-to-Equity is 0.23, which is 21% above median its 10-year median of 0.19 and 56.6% below the Transportation industry median of 0.53. GDEX Bhd's overall GF Score™ is 64/100 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 GDEX Bhd (XKLS:0078), the current Debt-to-Equity is 0.23 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 GDEX Bhd (XKLS:0078) Overvalued in 2026?

Based on GuruFocus' analysis, GDEX Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 34.2% below its estimated GF Value™ of RM0.19. GuruFocus considers GDEX Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0078:

  • Debt-to-Equity: 0.23 (21% above median its 10-year median of 0.19)
  • GF Value™: RM0.19 vs. price of RM0.13 (34.2% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 56.6% below the Transportation median (#233 of 911)

No single metric tells the full story. See the XKLS:0078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GDEX Bhd Business Description

Address No. 19, Jalan Tandang, Petaling Jaya, SGR, MYS, 46050
GDEX Bhd mainly engages in the provision of express delivery, logistics, information technology services, and property management. It provides a domestic express carrier, international express carrier, customized logistics solutions, logistics services, enhanced liability coverage, GDEX prepaid, and among others. The group has five business segments Express delivery, Logistics, Property management, Information technology, and Property investment. The majority of the revenue comes from the Express delivery segment. The company's geographical segments include Malaysia, which is the key revenue driver; Singapore; Indonesia and Vietnam.
64GF Score

Get the complete analysis for XKLS:0078

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

RM0.13
Price
RM0.19
GF Value