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EquitiesTracker Holdings BhdXKLS:03021 35 Debt-to-Equity is 0.20 as of Dec. 2025, which is 150% above its 10-year median of 0.08. GuruFocus rates XKLS:03021 with a GF Score™ of 35/100 and a GF Value™ of RM0.16 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 611 Capital Markets companies, EquitiesTracker Holdings Bhd ranks better than 59.25% 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 EquitiesTracker Holdings Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:03021'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 0.2
Current: 0.2
During the past 9 years, the highest Debt-to-Equity Ratio of EquitiesTracker Holdings Bhd was 0.20. The lowest was 0.04. And the median was 0.08.
XKLS:03021's Debt-to-Equity is ranked better than 59.25% of 611
companies
in the Capital Markets industry
Industry Median: 0.32
vs XKLS:03021: 0.20
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.
EquitiesTracker Holdings Bhd Debt-to-Equity Related Terms
EquitiesTracker 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:03021 vs SPGI, CME, ICE: Debt-to-Equity Comparison
For the Financial Data & Stock Exchanges subindustry, EquitiesTracker 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.
EquitiesTracker Holdings Bhd Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, EquitiesTracker Holdings Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where EquitiesTracker 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.
EquitiesTracker Holdings Bhd (XKLS:03021) has a Debt-to-Equity of 0.20 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on EquitiesTracker Holdings Bhd and its competitors. This is 150% above median its historical median of 0.08. Over the past decade, EquitiesTracker Holdings Bhd's Debt-to-Equity has ranged from 0.04 to 0.20. According to the industry distribution chart, EquitiesTracker Holdings Bhd ranks #249 out of 611 companies in the Capital Markets industry, placing it in the top 40.8%.
Is EquitiesTracker Holdings Bhd's Debt-to-Equity too high?
EquitiesTracker Holdings Bhd's current Debt-to-Equity of 0.20 is 150% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.20. The Capital Markets industry median Debt-to-Equity is 0.32. EquitiesTracker Holdings Bhd's value of 0.20 is 37.5% below this industry median. Based on the distribution chart, EquitiesTracker Holdings Bhd ranks #249 out of 611 companies in the Capital Markets industry, which is above the industry midpoint. Overall, EquitiesTracker Holdings Bhd has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EquitiesTracker Holdings Bhd's Debt-to-Equity compare to SPGI and CME?
According to the Capital Markets industry distribution chart, EquitiesTracker Holdings Bhd ranks #249 out of 611 companies for Debt-to-Equity. This puts EquitiesTracker Holdings Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.32. EquitiesTracker Holdings Bhd's value of 0.20 is 37.5% below this benchmark. Historically, EquitiesTracker Holdings Bhd's own Debt-to-Equity has ranged from 0.04 to 0.20 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.32, EquitiesTracker 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 Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 611 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. EquitiesTracker Holdings Bhd's current Debt-to-Equity of 0.20 is 37.5% 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 EquitiesTracker Holdings Bhd and its competitors. For the Capital Markets 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. EquitiesTracker Holdings Bhd's current Debt-to-Equity is 0.20, which is 150% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EquitiesTracker Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, EquitiesTracker Holdings Bhd (XKLS:03021) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.12 — trading 25% below its estimated fair value. The current Debt-to-Equity is 0.20, which is 150% above median its 10-year median of 0.08 and 37.5% below the Capital Markets industry median of 0.32. EquitiesTracker Holdings Bhd's overall GF Score™ is 35/100 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 EquitiesTracker Holdings Bhd (XKLS:03021), the current Debt-to-Equity is 0.20 as of Dec. 2025. 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 EquitiesTracker Holdings Bhd (XKLS:03021) Overvalued in 2026?
Based on GuruFocus' analysis, EquitiesTracker Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.12 is trading 25% below its estimated GF Value™ of RM0.16.
GuruFocus considers EquitiesTracker Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:03021:
Debt-to-Equity: 0.20 (150% above median its 10-year median of 0.08)
GF Value™: RM0.16 vs. price of RM0.12 (25% below fair value)
Industry Position: 37.5% below the Capital Markets median (#249 of 611)
No single metric tells the full story. See the XKLS:03021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EquitiesTracker Holdings Bhd operates an equity investment research platform that provides subscribers with access to investment research, analytical tools, and information on public listed companies. It provides investment training programmes, including pre-designed and customised training services. Revenue from the investment platform is derived from subscription fees, which are billed depending on the contractual terms. Its segments include Corporate and Retail, of which the Corporate segment derives the majority of revenue.
35GF Score
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