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Pan Merchant BhdXKLS:0361 +2.27%19 Debt-to-Equity is 0.14 as of Mar. 2026, which is 60% below its 10-year median of 0.35. GuruFocus rates XKLS:0361 with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,690 Industrial Products companies, Pan Merchant Bhd ranks better than 67.84% 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 Pan Merchant Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:0361'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.35 Max: 1.29
Current: 0.14
During the past 5 years, the highest Debt-to-Equity Ratio of Pan Merchant Bhd was 1.29. The lowest was 0.12. And the median was 0.35.
XKLS:0361's Debt-to-Equity is ranked better than 67.84% of 2690
companies
in the Industrial Products industry
Industry Median: 0.29
vs XKLS:0361: 0.14
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.
Pan Merchant Bhd Debt-to-Equity Related Terms
Pan Merchant Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Pan Merchant 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.
XKLS:0361 vs GEV, ETN, PH: Debt-to-Equity Comparison
For the Specialty Industrial Machinery subindustry, Pan Merchant 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.
Pan Merchant Bhd Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pan Merchant Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Pan Merchant 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.
Pan Merchant Bhd (XKLS:0361) has a Debt-to-Equity of 0.14 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pan Merchant Bhd and its competitors. This is 60% below median its historical median of 0.35. Over the past decade, Pan Merchant Bhd's Debt-to-Equity has ranged from 0.12 to 1.29. According to the industry distribution chart, Pan Merchant Bhd ranks #865 out of 2690 companies in the Industrial Products industry, placing it in the top 32.2%.
Is Pan Merchant Bhd's Debt-to-Equity too high?
Pan Merchant Bhd's current Debt-to-Equity of 0.14 is 60% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.29. The Industrial Products industry median Debt-to-Equity is 0.29. Pan Merchant Bhd's value of 0.14 is 51.7% below this industry median. Based on the distribution chart, Pan Merchant Bhd ranks #865 out of 2690 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Pan Merchant Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Pan Merchant Bhd's Debt-to-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Pan Merchant Bhd ranks #865 out of 2690 companies for Debt-to-Equity. This puts Pan Merchant Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.29. Pan Merchant Bhd's value of 0.14 is 51.7% below this benchmark. Historically, Pan Merchant Bhd's own Debt-to-Equity has ranged from 0.12 to 1.29 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.29, Pan Merchant 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,690 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. Pan Merchant Bhd's current Debt-to-Equity of 0.14 is 51.7% 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 Pan Merchant Bhd and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Merchant Bhd's current Debt-to-Equity is 0.14, which is 60% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Merchant Bhd stock overvalued right now?
Pan Merchant Bhd (XKLS:0361) has a current Debt-to-Equity of 0.14. The current Debt-to-Equity is 0.14, which is 60% below median its 10-year median of 0.35 and 51.7% below the Industrial Products industry median of 0.29. Pan Merchant Bhd's overall GF Score™ is 19/100 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 Pan Merchant Bhd (XKLS:0361), the current Debt-to-Equity is 0.14 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.
Pan Merchant Bhd is a homegrown solid-liquid filtration solutions provider by revenue, with a track record of designing, manufacturing, assembling, delivering, and commissioning filters. It leverages its in-house design and process engineering expertise to supply customised filtration solutions for large-scale and complex projects, in compliance with specific customer requirements and international standards. It is involved in the business of a solutions provider of solid-liquid filtration equipment, fabrication of steelworks, and technical support services in Malaysia. Its segments are: namely, Filtration Solutions, Steel Works, and Technical Support Services, with the Filtration Solutions segment generating the maximum revenue. The Group generates maximum revenue from Europe.
19GF Score
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