Topmix Bhd (XKLS:0302) Debt-to-Equity: 0.26 (As of Mar. 2026) — 38% Below Median

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XKLS:0302 Topmix Bhd XKLS:0302
46 GF Score
Price RM0.38
! 2 Warning Signs
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What is Topmix Bhd Debt-to-Equity?

Topmix Bhd XKLS:0302 46 Debt-to-Equity is 0.26 as of Mar. 2026, which is 38% below its 10-year median of 0.42. GuruFocus rates XKLS:0302 with a GF Score™ of 46/100. The stock has 2 warning signs investors should review. Among 381 Furnishings, Fixtures & Appliances companies, Topmix Bhd ranks better than 56.96% on this metric.

Topmix Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM5.8 Mil. Topmix Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM17.0 Mil. Topmix Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM87.6 Mil. Topmix Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.26.

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

XKLS:0302' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 0.42   Max: 1.26
Current: 0.26

During the past 6 years, the highest Debt-to-Equity Ratio of Topmix Bhd was 1.26. The lowest was 0.26. And the median was 0.42.

XKLS:0302's Debt-to-Equity is ranked better than
56.96% of 381 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.31 vs XKLS:0302: 0.26

Topmix Bhd  (XKLS:0302) 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.


Topmix Bhd Debt-to-Equity Related Terms


Topmix Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Topmix 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.

Topmix Bhd Debt-to-Equity Chart

Topmix Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 1.26 0.83 0.68 0.39 0.27

Topmix Bhd Quarterly Data
Dec20 Dec21 Dec22 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 0.37 0.31 0.28 0.27 0.26

XKLS:0302 vs SN, SGI, MHK: Debt-to-Equity Comparison

For the Furnishings, Fixtures & Appliances subindustry, Topmix 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.


Topmix Bhd Debt-to-Equity vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Topmix Bhd's Debt-to-Equity distribution charts can be found below:

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


XKLS:0302
46GF Score
Topmix Bhd XKLS:0302
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Topmix Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Topmix 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 0.26 mean?
Topmix Bhd (XKLS:0302) has a Debt-to-Equity of 0.26 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Topmix Bhd and its competitors. This is 38% below median its historical median of 0.42. Over the past decade, Topmix Bhd's Debt-to-Equity has ranged from 0.26 to 1.26. According to the industry distribution chart, Topmix Bhd ranks #164 out of 381 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 43%.
Is Topmix Bhd's Debt-to-Equity too high?
Topmix Bhd's current Debt-to-Equity of 0.26 is 38% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.26. The Furnishings, Fixtures & Appliances industry median Debt-to-Equity is 0.31. Topmix Bhd's value of 0.26 is 16.1% below this industry median. Based on the distribution chart, Topmix Bhd ranks #164 out of 381 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Topmix Bhd has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Topmix Bhd's Debt-to-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Topmix Bhd ranks #164 out of 381 companies for Debt-to-Equity. This puts Topmix Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.31. Topmix Bhd's value of 0.26 is 16.1% below this benchmark. Historically, Topmix Bhd's own Debt-to-Equity has ranged from 0.26 to 1.26 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.31, Topmix 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 0.31, based on 381 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. Topmix Bhd's current Debt-to-Equity of 0.26 is 16.1% 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 Topmix Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topmix Bhd's current Debt-to-Equity is 0.26, which is 38% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topmix Bhd stock overvalued right now?
Topmix Bhd (XKLS:0302) has a current Debt-to-Equity of 0.26. The current Debt-to-Equity is 0.26, which is 38% below median its 10-year median of 0.42 and 16.1% below the Furnishings, Fixtures & Appliances industry median of 0.31. Topmix Bhd's overall GF Score™ is 46/100 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 Topmix Bhd (XKLS:0302), the current Debt-to-Equity is 0.26 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.

Topmix Bhd Business Description

Address 8 & 10, Jalan Bistari 11, Taman Industri Jaya, Skudai, JHR, MYS, 81300
Topmix Bhd is an investment holding company. The Group markets and distributes decorative surface products under its proprietary brands, including HPL, compact panels, wall panels, MFC, and other decorative surfaces. It also undertakes in-house product design and collaborates with third-party decor paper suppliers to develop surface designs and finishes for commercial and residential interior applications, such as wall finishes, countertops, furniture, fixtures, and display systems. The Group operates through two business segments: Trading, which involves the wholesale and trading of high-pressure laminated sheets and merchandise of all kinds, and Others, which involves investment holding. The majority of its revenue is derived from Malaysia.
46GF Score

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