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Asia Poly Holdings BhdXKLS:0105 Debt-to-Equity is 0.46 as of Mar. 2026, which is 92% above its 10-year median of 0.24. The stock has 6 warning signs investors should review. Among 1,421 Chemicals companies, Asia Poly Holdings Bhd ranks worse than 58.48% 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 Asia Poly Holdings Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:0105'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.24 Max: 0.63
Current: 0.46
During the past 13 years, the highest Debt-to-Equity Ratio of Asia Poly Holdings Bhd was 0.63. The lowest was 0.03. And the median was 0.24.
XKLS:0105's Debt-to-Equity is ranked worse than 58.48% of 1421
companies
in the Chemicals industry
Industry Median: 0.36
vs XKLS:0105: 0.46
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.
Asia Poly Holdings Bhd Debt-to-Equity Related Terms
Asia Poly Holdings Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Asia Poly 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:0105 vs LIN, SHW, ECL: Debt-to-Equity Comparison
For the Specialty Chemicals subindustry, Asia Poly 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.
Asia Poly Holdings Bhd Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asia Poly Holdings Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Asia Poly 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.
Asia Poly Holdings Bhd (XKLS:0105) has a Debt-to-Equity of 0.46 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Asia Poly Holdings Bhd and its competitors. This is 92% above median its historical median of 0.24. Over the past decade, Asia Poly Holdings Bhd's Debt-to-Equity has ranged from 0.03 to 0.63. According to the industry distribution chart, Asia Poly Holdings Bhd ranks #831 out of 1421 companies in the Chemicals industry, placing it in the top 58.5%.
Is Asia Poly Holdings Bhd's Debt-to-Equity too high?
Asia Poly Holdings Bhd's current Debt-to-Equity of 0.46 is 92% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.63. The Chemicals industry median Debt-to-Equity is 0.36. Asia Poly Holdings Bhd's value of 0.46 is 27.8% above this industry median. Based on the distribution chart, Asia Poly Holdings Bhd ranks #831 out of 1421 companies in the Chemicals industry, which is below the industry midpoint.
How does Asia Poly Holdings Bhd's Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asia Poly Holdings Bhd ranks #831 out of 1421 companies for Debt-to-Equity. This places Asia Poly Holdings Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.36. Asia Poly Holdings Bhd's value of 0.46 is 27.8% above this benchmark. Historically, Asia Poly Holdings Bhd's own Debt-to-Equity has ranged from 0.03 to 0.63 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.36, Asia Poly Holdings 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,421 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. Asia Poly Holdings Bhd's current Debt-to-Equity of 0.46 is 27.8% 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 Asia Poly Holdings Bhd and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Poly Holdings Bhd's current Debt-to-Equity is 0.46, which is 92% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Poly Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia Poly Holdings Bhd (XKLS:0105) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.08 — trading 14.3% above its estimated fair value. The current Debt-to-Equity is 0.46, which is 92% above median its 10-year median of 0.24 and 27.8% above the Chemicals industry median of 0.36. 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 Asia Poly Holdings Bhd (XKLS:0105), the current Debt-to-Equity is 0.46 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.
Asia Poly Holdings Bhd is engaged in the business of investment holding. Through its subsidiary, it is engaged in the manufacturing and selling of acrylic products (acrylic sheets and acrylic blocks) in various types and sizes. It manufactures a wide range of cast acrylic sheet products, which are available in various specifications such as clear, tinted, opaque, and fluorescent. Its segments are Investment holdings, including Investment holding company; Manufacturing consists of Manufacturing of cast acrylic products; Property development provides Property development; Renewable energy offers Renewable energy from biogas plant; and Others - Others not reported in the above segments. Geographically, it operates in Malaysia, Europe, India, the Middle East, the United States, and Others.
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