Associated Air-Pak Industries Bhd (XKLS:03067) Debt-to-Equity: 0.83 (As of Jun. 2026) — 14% Below Median

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What is Associated Air-Pak Industries Bhd Debt-to-Equity?

Associated Air-Pak Industries Bhd XKLS:03067 Debt-to-Equity is 0.83 as of Jun. 2026, which is 14% below its 10-year median of 0.97. The stock has 3 warning signs investors should review. Among 365 Packaging & Containers companies, Associated Air-Pak Industries Bhd ranks worse than 80.55% on this metric.

Associated Air-Pak Industries Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM19.05 Mil. Associated Air-Pak Industries Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM11.64 Mil. Associated Air-Pak Industries Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM37.10 Mil. Associated Air-Pak Industries Bhd's debt to equity for the quarter that ended in Jun. 2026 was 0.83.

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 Associated Air-Pak Industries Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:03067' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.85   Med: 0.97   Max: 0.99
Current: 0.97

During the past 3 years, the highest Debt-to-Equity Ratio of Associated Air-Pak Industries Bhd was 0.99. The lowest was 0.85. And the median was 0.97.

XKLS:03067's Debt-to-Equity is ranked worse than
80.55% of 365 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs XKLS:03067: 0.97

Associated Air-Pak Industries Bhd  (XKLS:03067) 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.


Associated Air-Pak Industries Bhd Debt-to-Equity Related Terms


Associated Air-Pak Industries Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Associated Air-Pak Industries 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.

Associated Air-Pak Industries Bhd Debt-to-Equity Chart

Associated Air-Pak Industries Bhd Annual Data
Trend Dec23 Dec24 Dec25
Debt-to-Equity
0.99 0.85 0.97

Associated Air-Pak Industries Bhd Quarterly Data
Dec23 Dec24 Sep25 Dec25 Jun26
Debt-to-Equity 0.99 0.85 0.91 0.97 0.83

XKLS:03067 vs SW, AMCR, PKG: Debt-to-Equity Comparison

For the Packaging & Containers subindustry, Associated Air-Pak Industries 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.


Associated Air-Pak Industries Bhd Debt-to-Equity vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Associated Air-Pak Industries Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Associated Air-Pak Industries Bhd's Debt-to-Equity falls into.



Associated Air-Pak Industries Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Associated Air-Pak Industries Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Associated Air-Pak Industries Bhd's Debt to Equity Ratio for the quarter that ended in Jun. 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 0.83 mean?
Associated Air-Pak Industries Bhd (XKLS:03067) has a Debt-to-Equity of 0.83 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Associated Air-Pak Industries Bhd and its competitors. This is 14% below median its historical median of 0.97. Over the past decade, Associated Air-Pak Industries Bhd's Debt-to-Equity has ranged from 0.85 to 0.99. According to the industry distribution chart, Associated Air-Pak Industries Bhd ranks #294 out of 365 companies in the Packaging & Containers industry, placing it in the top 80.5%.
Is Associated Air-Pak Industries Bhd's Debt-to-Equity too high?
Associated Air-Pak Industries Bhd's current Debt-to-Equity of 0.83 is 14% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 0.99. The Packaging & Containers industry median Debt-to-Equity is 0.43. Associated Air-Pak Industries Bhd's value of 0.83 is 93% above this industry median. Based on the distribution chart, Associated Air-Pak Industries Bhd ranks #294 out of 365 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers.
How does Associated Air-Pak Industries Bhd's Debt-to-Equity compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Associated Air-Pak Industries Bhd ranks #294 out of 365 companies for Debt-to-Equity. This places Associated Air-Pak Industries Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Associated Air-Pak Industries Bhd's value of 0.83 is 93% above this benchmark. Historically, Associated Air-Pak Industries Bhd's own Debt-to-Equity has ranged from 0.85 to 0.99 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.43, Associated Air-Pak Industries 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 Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 365 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. Associated Air-Pak Industries Bhd's current Debt-to-Equity of 0.83 is 93% 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 Associated Air-Pak Industries Bhd and its competitors. For the Packaging & Containers industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Air-Pak Industries Bhd's current Debt-to-Equity is 0.83, which is 14% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Air-Pak Industries Bhd stock overvalued right now?
Associated Air-Pak Industries Bhd (XKLS:03067) has a current Debt-to-Equity of 0.83. The current Debt-to-Equity is 0.83, which is 14% below median its 10-year median of 0.97 and 93% above the Packaging & Containers industry median of 0.43. 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 Associated Air-Pak Industries Bhd (XKLS:03067), the current Debt-to-Equity is 0.83 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.

Associated Air-Pak Industries Bhd Business Description

Address 9, Persiaran Rishah 9, Kawasan Perindustrian Silibin, Perak Darul Ridzuan, Ipoh, PRK, MYS, 30100
Associated Air-Pak Industries Bhd is a manufacturer of Expanded Polyethylene Foam and Expanded Polystyrene Foam sheet. It provides range of packaging products such as Bubblepak, Expanded PE Foam, Polyethylene Films, Multi-laminated Structures, and Rolls/Sheets/Trays.