One Gasmaster Holdings Bhd (XKLS:0389) Debt-to-Equity: 0.18 (As of Jun. 2026) — 44% Below Median

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XKLS:0389 One Gasmaster Holdings Bhd XKLS:0389
18 GF Score
Price RM0.14
! 1 Warning Sign
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What is One Gasmaster Holdings Bhd Debt-to-Equity?

One Gasmaster Holdings Bhd XKLS:0389 18 Debt-to-Equity is 0.18 as of Jun. 2026, which is 44% below its 10-year median of 0.32. GuruFocus rates XKLS:0389 with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 148 Industrial Distribution companies, One Gasmaster Holdings Bhd ranks better than 70.27% on this metric.

One Gasmaster Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM0.42 Mil. One Gasmaster Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM5.97 Mil. One Gasmaster Holdings Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM35.90 Mil. One Gasmaster Holdings Bhd's debt to equity for the quarter that ended in Jun. 2026 was 0.18.

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

XKLS:0389' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.32   Max: 0.71
Current: 0.18

During the past 3 years, the highest Debt-to-Equity Ratio of One Gasmaster Holdings Bhd was 0.71. The lowest was 0.18. And the median was 0.32.

XKLS:0389's Debt-to-Equity is ranked better than
70.27% of 148 companies
in the Industrial Distribution industry
Industry Median: 0.49 vs XKLS:0389: 0.18

One Gasmaster Holdings Bhd  (XKLS:0389) 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.


One Gasmaster Holdings Bhd Debt-to-Equity Related Terms


One Gasmaster Holdings Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for One Gasmaster 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.

One Gasmaster Holdings Bhd Debt-to-Equity Chart

One Gasmaster Holdings Bhd Annual Data
Trend Dec22 Dec23 Dec24
Debt-to-Equity
0.44 0.71 0.47

One Gasmaster Holdings Bhd Quarterly Data
Dec22 Dec23 Dec24 Sep25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial 0.71 0.47 0.20 0.19 0.18

XKLS:0389 vs GWW, FAST, FERG: Debt-to-Equity Comparison

For the Industrial Distribution subindustry, One Gasmaster 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.


One Gasmaster Holdings Bhd Debt-to-Equity vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, One Gasmaster Holdings Bhd's Debt-to-Equity distribution charts can be found below:

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


XKLS:0389
18GF Score
One Gasmaster Holdings Bhd XKLS:0389
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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One Gasmaster Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

One Gasmaster Holdings Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

One Gasmaster Holdings 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 0.18 mean?
One Gasmaster Holdings Bhd (XKLS:0389) has a Debt-to-Equity of 0.18 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on One Gasmaster Holdings Bhd and its competitors. This is 44% below median its historical median of 0.32. Over the past decade, One Gasmaster Holdings Bhd's Debt-to-Equity has ranged from 0.18 to 0.71. According to the industry distribution chart, One Gasmaster Holdings Bhd ranks #44 out of 148 companies in the Industrial Distribution industry, placing it in the top 29.7%.
Is One Gasmaster Holdings Bhd's Debt-to-Equity too high?
One Gasmaster Holdings Bhd's current Debt-to-Equity of 0.18 is 44% below median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.71. The Industrial Distribution industry median Debt-to-Equity is 0.49. One Gasmaster Holdings Bhd's value of 0.18 is 63.3% below this industry median. Based on the distribution chart, One Gasmaster Holdings Bhd ranks #44 out of 148 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, One Gasmaster Holdings Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does One Gasmaster Holdings Bhd's Debt-to-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, One Gasmaster Holdings Bhd ranks #44 out of 148 companies for Debt-to-Equity. This puts One Gasmaster Holdings Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.49. One Gasmaster Holdings Bhd's value of 0.18 is 63.3% below this benchmark. Historically, One Gasmaster Holdings Bhd's own Debt-to-Equity has ranged from 0.18 to 0.71 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.49, One Gasmaster 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 an Industrial Distribution company?
The median Debt-to-Equity among Industrial Distribution companies is 0.49, based on 148 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. One Gasmaster Holdings Bhd's current Debt-to-Equity of 0.18 is 63.3% 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 One Gasmaster Holdings Bhd and its competitors. For the Industrial Distribution industry, the median Debt-to-Equity is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. One Gasmaster Holdings Bhd's current Debt-to-Equity is 0.18, which is 44% below median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One Gasmaster Holdings Bhd stock overvalued right now?
One Gasmaster Holdings Bhd (XKLS:0389) has a current Debt-to-Equity of 0.18. The current Debt-to-Equity is 0.18, which is 44% below median its 10-year median of 0.32 and 63.3% below the Industrial Distribution industry median of 0.49. One Gasmaster Holdings Bhd's overall GF Score™ is 18/100 with 1 warning sign 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 One Gasmaster Holdings Bhd (XKLS:0389), the current Debt-to-Equity is 0.18 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.

One Gasmaster Holdings Bhd Business Description

Address No. 18, Jalan PJU 3/48, Sunway Damansara Technology Park, Petaling Jaya, SGR, MYS, 47810
One Gasmaster Holdings Bhd is an investment holding company. Through its subsidiary, the company is principally involved in environmental monitoring, gas detection & gas piping and industrial hygiene services in oil and gas, power generation, manufacturing, and othet related sectors. It also provides maintenance and calibration services calibration laboratory. Additionally, the company trades products, including instruments, parts and components. Its reportable segments include Trading of products/parts, Maintenance and calibration services and Projects segment, which earns maximum revenue engaged in providing the design, supply, installation, testing and commissioning of new environment monitoring, gas detection and industrial hygiene solutions, and gas piping solutions.
18GF Score

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