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Spring Art Holdings BhdXKLS:0216 53 Debt-to-Equity is 0.16 as of Jun. 2026, which is at its 10-year median of 0.16. GuruFocus rates XKLS:0216 with a GF Score™ of 53/100 and a GF Value™ of RM0.15 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 378 Furnishings, Fixtures & Appliances companies, Spring Art Holdings Bhd ranks better than 68.25% 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 Spring Art Holdings Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:0216'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.16 Max: 0.22
Current: 0.16
During the past 7 years, the highest Debt-to-Equity Ratio of Spring Art Holdings Bhd was 0.22. The lowest was 0.10. And the median was 0.16.
XKLS:0216's Debt-to-Equity is ranked better than 68.25% of 378
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.32
vs XKLS:0216: 0.16
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.
Spring Art Holdings Bhd Debt-to-Equity Related Terms
Spring Art Holdings Bhd Debt-to-Equity Historical Data
* 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:0216 vs SN, SGI, MHK: Debt-to-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Spring Art 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.
Spring Art Holdings Bhd Debt-to-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Spring Art Holdings Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Spring Art 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.
Spring Art Holdings Bhd (XKLS:0216) has a Debt-to-Equity of 0.16 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Spring Art Holdings Bhd and its competitors. This is near median its historical median of 0.16. Over the past decade, Spring Art Holdings Bhd's Debt-to-Equity has ranged from 0.10 to 0.22. According to the industry distribution chart, Spring Art Holdings Bhd ranks #120 out of 378 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 31.7%.
Is Spring Art Holdings Bhd's Debt-to-Equity too high?
Spring Art Holdings Bhd's current Debt-to-Equity of 0.16 is near median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.22. The Furnishings, Fixtures & Appliances industry median Debt-to-Equity is 0.32. Spring Art Holdings Bhd's value of 0.16 is 50% below this industry median. Based on the distribution chart, Spring Art Holdings Bhd ranks #120 out of 378 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Spring Art Holdings Bhd has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spring Art Holdings Bhd's Debt-to-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Spring Art Holdings Bhd ranks #120 out of 378 companies for Debt-to-Equity. This puts Spring Art Holdings Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.32. Spring Art Holdings Bhd's value of 0.16 is 50% below this benchmark. Historically, Spring Art Holdings Bhd's own Debt-to-Equity has ranged from 0.10 to 0.22 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.32, Spring Art Holdings 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 Furnishings, Fixtures & Appliances company?
The median Debt-to-Equity among Furnishings, Fixtures & Appliances companies is 0.32, based on 378 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. Spring Art Holdings Bhd's current Debt-to-Equity of 0.16 is 50% 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 Spring Art Holdings Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spring Art Holdings Bhd's current Debt-to-Equity is 0.16, which is near 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 Spring Art Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Spring Art Holdings Bhd (XKLS:0216) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.15, compared to a current price of RM0.11 — trading 26.7% below its estimated fair value. The current Debt-to-Equity is 0.16, which is near median its 10-year median of 0.16 and 50% below the Furnishings, Fixtures & Appliances industry median of 0.32. Spring Art Holdings Bhd's overall GF Score™ is 53/100 with 2 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 Spring Art Holdings Bhd (XKLS:0216), the current Debt-to-Equity is 0.16 as of Jun. 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 Spring Art Holdings Bhd (XKLS:0216) Overvalued in 2026?
Based on GuruFocus' analysis, Spring Art Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.11 is trading 26.7% below its estimated GF Value™ of RM0.15.
GuruFocus considers Spring Art Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:0216:
Debt-to-Equity: 0.16 (near median its 10-year median of 0.16)
GF Value™: RM0.15 vs. price of RM0.11 (26.7% below fair value)
Industry Position: 50% below the Furnishings, Fixtures & Appliances median (#120 of 378)
No single metric tells the full story. See the XKLS:0216 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spring Art Holdings Bhd is involved in the manufacturing of ready-to-assemble furniture products, where it undertakes the design and development, manufacturing as well as marketing and sales of office furniture such as office workstations, filing cabinets and pedestals, bedroom furniture such as beds, night stands, wardrobes, dressing tables, dressing stools and study desks, living room furniture such as computer desks, television consoles, sideboards, shoe cabinets, bookshelves and drawer chests as well as other types of furniture such as dining tables and kitchen cabinets. The group has only one business segment, namely the design, development, manufacturing, marketing and sales of furniture products.
53GF Score
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