Malaysian Resources Bhd (XKLS:1651) Debt-to-Equity: 0.91 (As of Jun. 2026) — 94% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:1651 Malaysian Resources Corp Bhd XKLS:1651
39 GF Score
Price RM0.31
GF Value RM0.42
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Malaysian Resources Bhd Debt-to-Equity?

Malaysian Resources Bhd XKLS:1651 -4.62% 39 Debt-to-Equity is 0.91 as of Jun. 2026, which is 94% above its 10-year median of 0.47. GuruFocus rates XKLS:1651 with a GF Score™ of 39/100 and a GF Value™ of RM0.42 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,617 Construction companies, Malaysian Resources Bhd ranks worse than 62.28% on this metric.

Malaysian Resources Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM1,042 Mil. Malaysian Resources Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM3,122 Mil. Malaysian Resources Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM4,592 Mil. Malaysian Resources Bhd's debt to equity for the quarter that ended in Jun. 2026 was 0.91.

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 Malaysian Resources Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:1651' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31   Med: 0.47   Max: 1.4
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Malaysian Resources Bhd was 1.40. The lowest was 0.31. And the median was 0.47.

XKLS:1651's Debt-to-Equity is ranked worse than
62.28% of 1617 companies
in the Construction industry
Industry Median: 0.4 vs XKLS:1651: 0.61

Malaysian Resources Bhd  (XKLS:1651) 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.


Malaysian Resources Bhd Debt-to-Equity Related Terms


Malaysian Resources Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Malaysian Resources 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.

Malaysian Resources Bhd Debt-to-Equity Chart

Malaysian Resources Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.47 0.40 0.50 0.56

Malaysian Resources Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.51 0.56 0.61 0.91

XKLS:1651 vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Malaysian Resources 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.


Malaysian Resources Bhd Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Malaysian Resources Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Malaysian Resources Bhd's Debt-to-Equity falls into.


XKLS:1651
39GF Score
Malaysian Resources Corp Bhd XKLS:1651
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Malaysian Resources Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Malaysian Resources Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Malaysian Resources 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 0.91 mean?
Malaysian Resources Bhd (XKLS:1651) has a Debt-to-Equity of 0.91 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Malaysian Resources Bhd and its competitors. This is 94% above median its historical median of 0.47. Over the past decade, Malaysian Resources Bhd's Debt-to-Equity has ranged from 0.31 to 1.40. According to the industry distribution chart, Malaysian Resources Bhd ranks #1007 out of 1617 companies in the Construction industry, placing it in the top 62.3%.
Is Malaysian Resources Bhd's Debt-to-Equity too high?
Malaysian Resources Bhd's current Debt-to-Equity of 0.91 is 94% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.40. The Construction industry median Debt-to-Equity is 0.40. Malaysian Resources Bhd's value of 0.91 is 127.5% above this industry median. Based on the distribution chart, Malaysian Resources Bhd ranks #1007 out of 1617 companies in the Construction industry, which is below the industry midpoint. Overall, Malaysian Resources Bhd has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malaysian Resources Bhd's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Malaysian Resources Bhd ranks #1007 out of 1617 companies for Debt-to-Equity. This places Malaysian Resources Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Malaysian Resources Bhd's value of 0.91 is 127.5% above this benchmark. Historically, Malaysian Resources Bhd's own Debt-to-Equity has ranged from 0.31 to 1.40 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.40, Malaysian Resources 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,617 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. Malaysian Resources Bhd's current Debt-to-Equity of 0.91 is 127.5% 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 Malaysian Resources Bhd and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malaysian Resources Bhd's current Debt-to-Equity is 0.91, which is 94% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysian Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malaysian Resources Bhd (XKLS:1651) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.42, compared to a current price of RM0.31 — trading 26.2% below its estimated fair value. The current Debt-to-Equity is 0.91, which is 94% above median its 10-year median of 0.47 and 127.5% above the Construction industry median of 0.40. Malaysian Resources Bhd's overall GF Score™ is 39/100 with 8 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 Malaysian Resources Bhd (XKLS:1651), the current Debt-to-Equity is 0.91 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.

Is Malaysian Resources Bhd (XKLS:1651) Overvalued in 2026?

Based on GuruFocus' analysis, Malaysian Resources Bhd stock appears to be undervalued. The current stock price of RM0.31 is trading 26.2% below its estimated GF Value™ of RM0.42. GuruFocus considers Malaysian Resources Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:1651:

  • Debt-to-Equity: 0.91 (94% above median its 10-year median of 0.47)
  • GF Value™: RM0.42 vs. price of RM0.31 (26.2% below fair value)
  • GF Score™: 39/100 with 8 warning signs
  • Industry Position: 127.5% above the Construction median (#1007 of 1617)

No single metric tells the full story. See the XKLS:1651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malaysian Resources Bhd Business Description

Address No. 203, Jalan Tun Sambanthan, Level 30, Menara Allianz Sentral, Kuala Lumpur Sentral, Kuala Lumpur, MYS, 50470
Malaysian Resources Corp Bhd is an investment holding company engaged in construction and property development. The group has four reportable segments: Property development and Investment, Engineering, Construction and environment, which generates the majority of revenue, facilities management and parking, and others. Geographically, it derives the majority of its revenue from Malaysia and also has a presence in Australia and New Zealand.
39GF Score

Get the complete analysis for XKLS:1651

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

RM0.31
Price
RM0.42
GF Value