Kee Ming Group Bhd (XKLS:0392) Debt-to-Equity: 0.07 (As of Mar. 2026) — 42% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0392 Kee Ming Group Bhd XKLS:0392
18 GF Score
Price RM2.45
! 5 Warning Signs
View Full Analysis

What is Kee Ming Group Bhd Debt-to-Equity?

Kee Ming Group Bhd XKLS:0392 -1.61% 18 Debt-to-Equity is 0.07 as of Mar. 2026, which is 42% below its 10-year median of 0.12. GuruFocus rates XKLS:0392 with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 2,690 Industrial Products companies, Kee Ming Group Bhd ranks better than 79.48% on this metric.

Kee Ming Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM3.3 Mil. Kee Ming Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM1.1 Mil. Kee Ming Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM61.3 Mil. Kee Ming Group Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.07.

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

XKLS:0392' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.12   Max: 0.22
Current: 0.07

During the past 4 years, the highest Debt-to-Equity Ratio of Kee Ming Group Bhd was 0.22. The lowest was 0.07. And the median was 0.12.

XKLS:0392's Debt-to-Equity is ranked better than
79.48% of 2690 companies
in the Industrial Products industry
Industry Median: 0.285 vs XKLS:0392: 0.07

Kee Ming Group Bhd  (XKLS:0392) 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.


Kee Ming Group Bhd Debt-to-Equity Related Terms


Kee Ming Group Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Kee Ming Group 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.

Kee Ming Group Bhd Debt-to-Equity Chart

Kee Ming Group Bhd Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
0.22 0.08 0.16 0.07

Kee Ming Group Bhd Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial 0.08 N/A 0.16 0.19 0.07

XKLS:0392 vs GEV, ETN, PH: Debt-to-Equity Comparison

For the Specialty Industrial Machinery subindustry, Kee Ming Group 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.


Kee Ming Group Bhd Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kee Ming Group Bhd's Debt-to-Equity distribution charts can be found below:

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


XKLS:0392
18GF Score
Kee Ming Group Bhd XKLS:0392
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kee Ming Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kee Ming Group Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Kee Ming Group 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 0.07 mean?
Kee Ming Group Bhd (XKLS:0392) has a Debt-to-Equity of 0.07 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kee Ming Group Bhd and its competitors. This is 42% below median its historical median of 0.12. Over the past decade, Kee Ming Group Bhd's Debt-to-Equity has ranged from 0.07 to 0.22. According to the industry distribution chart, Kee Ming Group Bhd ranks #552 out of 2690 companies in the Industrial Products industry, placing it in the top 20.5%.
Is Kee Ming Group Bhd's Debt-to-Equity too high?
Kee Ming Group Bhd's current Debt-to-Equity of 0.07 is 42% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.22. The Industrial Products industry median Debt-to-Equity is 0.29. Kee Ming Group Bhd's value of 0.07 is 75.4% below this industry median. Based on the distribution chart, Kee Ming Group Bhd ranks #552 out of 2690 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kee Ming Group Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Kee Ming Group Bhd's Debt-to-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kee Ming Group Bhd ranks #552 out of 2690 companies for Debt-to-Equity. This places Kee Ming Group Bhd in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.29. Kee Ming Group Bhd's value of 0.07 is 75.4% below this benchmark. Historically, Kee Ming Group Bhd's own Debt-to-Equity has ranged from 0.07 to 0.22 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.29, Kee Ming Group 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. Kee Ming Group Bhd's current Debt-to-Equity of 0.07 is 75.4% 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 Kee Ming Group 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. Kee Ming Group Bhd's current Debt-to-Equity is 0.07, which is 42% below median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kee Ming Group Bhd stock overvalued right now?
Kee Ming Group Bhd (XKLS:0392) has a current Debt-to-Equity of 0.07. The current Debt-to-Equity is 0.07, which is 42% below median its 10-year median of 0.12 and 75.4% below the Industrial Products industry median of 0.29. Kee Ming Group Bhd's overall GF Score™ is 18/100 with 5 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 Kee Ming Group Bhd (XKLS:0392), the current Debt-to-Equity is 0.07 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.

Kee Ming Group Bhd Business Description

Address Jalan Pusat Perniagaan Falim 3, No. 19, 19A & 19B, Pusat Perniagaan Falim, Ipoh, PRK, MYS, 30200
Kee Ming Group Bhd is an investment holding company. The company, along with its subsidiaries, operates as a provider of mechanical and electrical (M&E) engineering solutions in Malaysia. Its business segments are: Provision of M&E engineering services that involves providing M&E engineering services for a wide range of facilities including residential, commercial and industrial developments, as well as other clean energy, public infrastructure and interconnection facilities; and Provision of maintenance and repair services that includes offering ongoing maintenance and repair services for M&E equipment and systems. The majority of the company's revenue is derived from the M&E engineering services segment. Geographically, it operates only in Malaysia.
18GF Score

Get the complete analysis for XKLS:0392

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM2.45
Price