MN Holdings Bhd (XKLS:0245) Debt-to-Equity: 0.02 (As of Mar. 2026) — 86% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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XKLS:0245 MN Holdings Bhd XKLS:0245
77 GF Score
Price RM3.39
GF Value RM2.22
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is MN Holdings Bhd Debt-to-Equity?

MN Holdings Bhd XKLS:0245 -1.17% 77 Debt-to-Equity is 0.02 as of Mar. 2026, which is 86% below its 10-year median of 0.14. GuruFocus rates XKLS:0245 with a GF Score™ of 77/100 and a GF Value™ of RM2.22 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,616 Construction companies, MN Holdings Bhd ranks better than 95.24% on this metric.

MN Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM4.4 Mil. MN Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM1.1 Mil. MN Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM357.0 Mil. MN Holdings Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.02.

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

XKLS:0245' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.14   Max: 0.32
Current: 0.02

During the past 8 years, the highest Debt-to-Equity Ratio of MN Holdings Bhd was 0.32. The lowest was 0.02. And the median was 0.14.

XKLS:0245's Debt-to-Equity is ranked better than
95.24% of 1616 companies
in the Construction industry
Industry Median: 0.4 vs XKLS:0245: 0.02

MN Holdings Bhd  (XKLS:0245) 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.


MN Holdings Bhd Debt-to-Equity Related Terms


MN Holdings Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for MN 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.

MN Holdings Bhd Debt-to-Equity Chart

MN Holdings Bhd Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial 0.29 0.13 0.13 0.17 0.05

MN Holdings Bhd Quarterly Data
Jun20 Jun21 Oct21 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 0.08 0.05 0.02 0.04 0.02

XKLS:0245 vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, MN 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.


MN Holdings Bhd Debt-to-Equity vs Construction Industry

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

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


XKLS:0245
77GF Score
MN Holdings Bhd XKLS:0245
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MN Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

MN Holdings 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 0.02 mean?
MN Holdings Bhd (XKLS:0245) has a Debt-to-Equity of 0.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on MN Holdings Bhd and its competitors. This is 86% below median its historical median of 0.14. Over the past decade, MN Holdings Bhd's Debt-to-Equity has ranged from 0.02 to 0.32. According to the industry distribution chart, MN Holdings Bhd ranks #77 out of 1616 companies in the Construction industry, placing it in the top 4.8%.
Is MN Holdings Bhd's Debt-to-Equity too high?
MN Holdings Bhd's current Debt-to-Equity of 0.02 is 86% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.32. The Construction industry median Debt-to-Equity is 0.40. MN Holdings Bhd's value of 0.02 is 95% below this industry median. Based on the distribution chart, MN Holdings Bhd ranks #77 out of 1616 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, MN Holdings Bhd has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MN Holdings Bhd's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, MN Holdings Bhd ranks #77 out of 1616 companies for Debt-to-Equity. This places MN Holdings Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. MN Holdings Bhd's value of 0.02 is 95% below this benchmark. Historically, MN Holdings Bhd's own Debt-to-Equity has ranged from 0.02 to 0.32 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.40, MN 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,616 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. MN Holdings Bhd's current Debt-to-Equity of 0.02 is 95% 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 MN Holdings Bhd and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MN Holdings Bhd's current Debt-to-Equity is 0.02, which is 86% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MN Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MN Holdings Bhd (XKLS:0245) is currently considered Significantly Overvalued. The stock's GF Value™ is RM2.22, compared to a current price of RM3.39 — trading 52.7% above its estimated fair value. The current Debt-to-Equity is 0.02, which is 86% below median its 10-year median of 0.14 and 95% below the Construction industry median of 0.40. MN Holdings Bhd's overall GF Score™ is 77/100 with 6 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 MN Holdings Bhd (XKLS:0245), the current Debt-to-Equity is 0.02 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 MN Holdings Bhd (XKLS:0245) Overvalued in 2026?

Based on GuruFocus' analysis, MN Holdings Bhd stock appears to be overvalued. The current stock price of RM3.39 is trading 52.7% above its estimated GF Value™ of RM2.22. GuruFocus considers MN Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0245:

  • Debt-to-Equity: 0.02 (86% below median its 10-year median of 0.14)
  • GF Value™: RM2.22 vs. price of RM3.39 (52.7% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 95% below the Construction median (#77 of 1616)

No single metric tells the full story. See the XKLS:0245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MN Holdings Bhd Business Description

Address Jalan USJ 25/1B, F-07-01, Garden Shoppe One City, Subang Jaya, SGR, MYS, 47650
MN Holdings Bhd is a competent solution provider specializing in infrastructure utilities construction, with a primary focus on the power industry in Malaysia. It offers engineering services and solutions, supported by the necessary machinery, labor, and expertise for successful project execution. The Group mainly serves customers in the power, gas, sewerage, and telecommunications sectors within Malaysia. Its operations are organized into main reportable segments, including underground utilities engineering services and solutions; substation engineering services and solutions, including trading and supplying; and investment holding and management services. The majority of revenue is generated from the substation engineering segment.
77GF Score

Get the complete analysis for XKLS:0245

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

RM3.39
Price
RM2.22
GF Value