Maxim Global Bhd (XKLS:4022) Debt-to-Equity: 0.69 (As of Mar. 2026) — 200% Above Median

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Founder & CEO of GuruFocus
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XKLS:4022 Maxim Global Bhd XKLS:4022
30 GF Score
Price RM0.27
GF Value RM0.44
Valuation Possible Value Trap
! 7 Warning Signs
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What is Maxim Global Bhd Debt-to-Equity?

Maxim Global Bhd XKLS:4022 30 Debt-to-Equity is 0.69 as of Mar. 2026, which is 200% above its 10-year median of 0.23. GuruFocus rates XKLS:4022 with a GF Score™ of 30/100 and a GF Value™ of RM0.44 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,543 Real Estate companies, Maxim Global Bhd ranks better than 52.24% on this metric.

Maxim Global Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM0.2 Mil. Maxim Global Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM382.3 Mil. Maxim Global Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM555.2 Mil. Maxim Global Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.69.

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

XKLS:4022' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.23   Max: 0.69
Current: 0.69

During the past 13 years, the highest Debt-to-Equity Ratio of Maxim Global Bhd was 0.69. The lowest was 0.01. And the median was 0.23.

XKLS:4022's Debt-to-Equity is ranked better than
52.24% of 1543 companies
in the Real Estate industry
Industry Median: 0.75 vs XKLS:4022: 0.69

Maxim Global Bhd  (XKLS:4022) 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.


Maxim Global Bhd Debt-to-Equity Related Terms


Maxim Global Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Maxim Global 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.

Maxim Global Bhd Debt-to-Equity Chart

Maxim Global 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 0.29 0.33 0.29 0.63 0.65

Maxim Global 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 0.58 0.57 0.61 0.65 0.69

Maxim Global Bhd Debt-to-Equity Competitor Comparison

For the Real Estate - Development subindustry, Maxim Global 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.


Maxim Global Bhd Debt-to-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Maxim Global Bhd's Debt-to-Equity distribution charts can be found below:

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


XKLS:4022
30GF Score
Maxim Global Bhd XKLS:4022
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maxim Global Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Maxim Global 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 0.69 mean?
Maxim Global Bhd (XKLS:4022) has a Debt-to-Equity of 0.69 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Maxim Global Bhd and its competitors. This is 200% above median its historical median of 0.23. Over the past decade, Maxim Global Bhd's Debt-to-Equity has ranged from 0.01 to 0.69. According to the industry distribution chart, Maxim Global Bhd ranks #737 out of 1543 companies in the Real Estate industry, placing it in the top 47.8%.
Is Maxim Global Bhd's Debt-to-Equity too high?
Maxim Global Bhd's current Debt-to-Equity of 0.69 is 200% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.69. The Real Estate industry median Debt-to-Equity is 0.75. Maxim Global Bhd's value of 0.69 is 8% below this industry median. Based on the distribution chart, Maxim Global Bhd ranks #737 out of 1543 companies in the Real Estate industry, which is above the industry midpoint. Overall, Maxim Global Bhd has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maxim Global Bhd's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Maxim Global Bhd ranks #737 out of 1543 companies for Debt-to-Equity. This puts Maxim Global Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.75. Maxim Global Bhd's value of 0.69 is 8% below this benchmark. Historically, Maxim Global Bhd's own Debt-to-Equity has ranged from 0.01 to 0.69 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.75, Maxim Global 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,543 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. Maxim Global Bhd's current Debt-to-Equity of 0.69 is 8% 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 Maxim Global Bhd and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxim Global Bhd's current Debt-to-Equity is 0.69, which is 200% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxim Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Maxim Global Bhd (XKLS:4022) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.44, compared to a current price of RM0.27 — trading 39.8% below its estimated fair value. The current Debt-to-Equity is 0.69, which is 200% above median its 10-year median of 0.23 and 8% below the Real Estate industry median of 0.75. Maxim Global Bhd's overall GF Score™ is 30/100 with 7 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 Maxim Global Bhd (XKLS:4022), the current Debt-to-Equity is 0.69 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 Maxim Global Bhd (XKLS:4022) Overvalued in 2026?

Based on GuruFocus' analysis, Maxim Global Bhd stock appears to be undervalued. The current stock price of RM0.27 is trading 39.8% below its estimated GF Value™ of RM0.44. GuruFocus considers Maxim Global Bhd to be Possible Value Trap.

Key valuation signals for XKLS:4022:

  • Debt-to-Equity: 0.69 (200% above median its 10-year median of 0.23)
  • GF Value™: RM0.44 vs. price of RM0.27 (39.8% below fair value)
  • GF Score™: 30/100 with 7 warning signs
  • Industry Position: 8% below the Real Estate median (#737 of 1543)

No single metric tells the full story. See the XKLS:4022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maxim Global Bhd Business Description

Address No. 2D, Jalan SS 6/6, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
Maxim Global Bhd is mainly engaged in property development and construction activities, with all projects located in the central and southern regions of Peninsular Malaysia. The Group's reportable operating segments include property development and construction, which generates maximum revenue, investment holding, and others including inactive group entities. Its completed projects include Mizumi Residences, Residensi Metro Kepong, Ganggarak Permai, and Residensi The Address. The Group generates maximum revenue from Malaysia.
30GF Score

Get the complete analysis for XKLS:4022

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

RM0.27
Price
RM0.44
GF Value