Marco Holdings Bhd (XKLS:3514) Debt-to-Equity: 0.02 (As of Mar. 2026) — Near 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:3514 Marco Holdings Bhd XKLS:3514
56 GF Score
Price RM0.11
GF Value RM0.14
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Marco Holdings Bhd Debt-to-Equity?

Marco Holdings Bhd XKLS:3514 56 Debt-to-Equity is 0.02 as of Mar. 2026, which is at its 10-year median of 0.02. GuruFocus rates XKLS:3514 with a GF Score™ of 56/100 and a GF Value™ of RM0.14 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,227 Hardware companies, Marco Holdings Bhd ranks better than 94.16% on this metric.

Marco Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM2.9 Mil. Marco Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM1.8 Mil. Marco Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM204.6 Mil. Marco Holdings Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.02.

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

XKLS:3514' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.05
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Marco Holdings Bhd was 0.05. The lowest was 0.00. And the median was 0.02.

XKLS:3514's Debt-to-Equity is ranked better than
94.16% of 2227 companies
in the Hardware industry
Industry Median: 0.27 vs XKLS:3514: 0.02

Marco Holdings Bhd  (XKLS:3514) 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.


Marco Holdings Bhd Debt-to-Equity Related Terms


Marco Holdings Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Marco 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.

Marco Holdings Bhd Debt-to-Equity Chart

Marco Holdings 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 0.02 0.01 0.03 0.02 0.03

Marco Holdings 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 0.02 0.03 0.03 0.03 0.02

XKLS:3514 vs SNX, ARW, AVT: Debt-to-Equity Comparison

For the Electronics & Computer Distribution subindustry, Marco 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.


Marco Holdings Bhd Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Marco Holdings Bhd's Debt-to-Equity distribution charts can be found below:

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


XKLS:3514
56GF Score
Marco Holdings Bhd XKLS:3514
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marco Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Marco Holdings 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 0.02 mean?
Marco Holdings Bhd (XKLS:3514) has a Debt-to-Equity of 0.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Marco Holdings Bhd and its competitors. This is near median its historical median of 0.02. According to the industry distribution chart, Marco Holdings Bhd ranks #130 out of 2227 companies in the Hardware industry, placing it in the top 5.8%.
Is Marco Holdings Bhd's Debt-to-Equity too high?
Marco Holdings Bhd's current Debt-to-Equity of 0.02 is near median its 10-year median of 0.02. The Hardware industry median Debt-to-Equity is 0.27. Marco Holdings Bhd's value of 0.02 is 92.6% below this industry median. Based on the distribution chart, Marco Holdings Bhd ranks #130 out of 2227 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Marco Holdings Bhd has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marco Holdings Bhd's Debt-to-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Marco Holdings Bhd ranks #130 out of 2227 companies for Debt-to-Equity. This places Marco Holdings Bhd in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.27. Marco Holdings Bhd's value of 0.02 is 92.6% below this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.27, Marco 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 a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,227 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. Marco Holdings Bhd's current Debt-to-Equity of 0.02 is 92.6% 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 Marco Holdings Bhd and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marco Holdings Bhd's current Debt-to-Equity is 0.02, which is near median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marco Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Marco Holdings Bhd (XKLS:3514) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.14, compared to a current price of RM0.11 — trading 21.4% below its estimated fair value. The current Debt-to-Equity is 0.02, which is near median its 10-year median of 0.02 and 92.6% below the Hardware industry median of 0.27. Marco Holdings Bhd's overall GF Score™ is 56/100 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 Marco Holdings Bhd (XKLS:3514), the current Debt-to-Equity is 0.02 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.

Is Marco Holdings Bhd (XKLS:3514) Overvalued in 2026?

Based on GuruFocus' analysis, Marco Holdings Bhd stock appears to be undervalued. The current stock price of RM0.11 is trading 21.4% below its estimated GF Value™ of RM0.14. GuruFocus considers Marco Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3514:

  • Debt-to-Equity: 0.02 (near median its 10-year median of 0.02)
  • GF Value™: RM0.14 vs. price of RM0.11 (21.4% below fair value)
  • GF Score™: 56/100 with 1 warning sign
  • Industry Position: 92.6% below the Hardware median (#130 of 2227)

No single metric tells the full story. See the XKLS:3514 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marco Holdings Bhd Business Description

Address Jalan Raja Laut, No. 282, 29th Floor, Menara JKG, Kuala Lumpur, MYS, 50350
Marco Holdings Bhd, and its subsidiaries are mainly engaged in the wholesale and distribution of timepieces, consumer technology and electronic products, electronic musical instruments, as well as retail operations. The Group's product offerings include Casio calculators, Casio label printers and electronic musical instruments, Reebok timepieces, Caterpillar timepieces, and Casio timepieces, among others. Its reportable operating segments are: Distribution, which generates the maximum revenue, and Others. Geographically, the Group derives all of its revenue from Malaysia.
56GF Score

Get the complete analysis for XKLS:3514

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

RM0.11
Price
RM0.14
GF Value