Olympia Industries Bhd (XKLS:3018) Debt-to-Equity: 0.47 (As of Mar. 2026) — 12% Above Median

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What is Olympia Industries Bhd Debt-to-Equity?

Olympia Industries Bhd XKLS:3018 Debt-to-Equity is 0.47 as of Mar. 2026, which is 12% above its 10-year median of 0.42. The stock has 5 warning signs investors should review. Among 720 Travel & Leisure companies, Olympia Industries Bhd ranks worse than 52.36% on this metric.

Olympia Industries Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM117.08 Mil. Olympia Industries Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM25.91 Mil. Olympia Industries Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM302.16 Mil. Olympia Industries Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.47.

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

XKLS:3018' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36   Med: 0.42   Max: 0.69
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of Olympia Industries Bhd was 0.69. The lowest was 0.36. And the median was 0.42.

XKLS:3018's Debt-to-Equity is ranked worse than
52.36% of 720 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs XKLS:3018: 0.47

Olympia Industries Bhd  (XKLS:3018) 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.


Olympia Industries Bhd Debt-to-Equity Related Terms


Olympia Industries Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Olympia 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.

Olympia Industries Bhd Debt-to-Equity Chart

Olympia Industries 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 0.42 0.37 0.40 0.45 0.47

Olympia Industries Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.47 0.47 0.46 0.47 0.47

XKLS:3018 vs FLUT, DKNG, SGHC: Debt-to-Equity Comparison

For the Gambling subindustry, Olympia 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.


Olympia Industries Bhd Debt-to-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Olympia Industries Bhd's Debt-to-Equity distribution charts can be found below:

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



Olympia Industries Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Olympia Industries 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 0.47 mean?
Olympia Industries Bhd (XKLS:3018) has a Debt-to-Equity of 0.47 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Olympia Industries Bhd and its competitors. This is 12% above median its historical median of 0.42. Over the past decade, Olympia Industries Bhd's Debt-to-Equity has ranged from 0.36 to 0.69. According to the industry distribution chart, Olympia Industries Bhd ranks #377 out of 720 companies in the Travel & Leisure industry, placing it in the top 52.4%.
Is Olympia Industries Bhd's Debt-to-Equity too high?
Olympia Industries Bhd's current Debt-to-Equity of 0.47 is 12% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.69. The Travel & Leisure industry median Debt-to-Equity is 0.43. Olympia Industries Bhd's value of 0.47 is 9.3% above this industry median. Based on the distribution chart, Olympia Industries Bhd ranks #377 out of 720 companies in the Travel & Leisure industry, which is below the industry midpoint.
How does Olympia Industries Bhd's Debt-to-Equity compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Olympia Industries Bhd ranks #377 out of 720 companies for Debt-to-Equity. This places Olympia Industries Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Olympia Industries Bhd's value of 0.47 is 9.3% above this benchmark. Historically, Olympia Industries Bhd's own Debt-to-Equity has ranged from 0.36 to 0.69 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.43, Olympia 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 Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 720 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. Olympia Industries Bhd's current Debt-to-Equity of 0.47 is 9.3% 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 Olympia Industries Bhd and its competitors. For the Travel & Leisure 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. Olympia Industries Bhd's current Debt-to-Equity is 0.47, which is 12% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympia Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Olympia Industries Bhd (XKLS:3018) is currently considered Fairly Valued. The stock's GF Value™ is RM0.06, compared to a current price of RM0.07 — trading 8.3% above its estimated fair value. The current Debt-to-Equity is 0.47, which is 12% above median its 10-year median of 0.42 and 9.3% above the Travel & Leisure 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 Olympia Industries Bhd (XKLS:3018), the current Debt-to-Equity is 0.47 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.

Olympia Industries Bhd Business Description

Address Jalan Raja Chulan, No. 8, Level 24, Menara Olympia, Kuala Lumpur, MYS, 50200
Olympia Industries Bhd is an investment holding company. Along with its subsidiaries, it operates in the following reportable segments: Leasing, Property development, Gaming, and Investment holding and dormant. The majority of the Group's revenue is generated from the Gaming segment, which includes organising, managing, and selling several forecast pools and public lotteries. The Property development segment includes the development of residential and commercial properties; the Leasing segment includes the rental of office and retail spaces and other related activities; and the Investment holding and dormant segment includes investment holding and other business units, including trading and retailing business. Geographically, the Group derives all its revenue from Malaysia.