KSL Holdings Bhd (XKLS:5038) Debt-to-Equity: 0.18 (As of Mar. 2026) — 500% Above 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:5038 KSL Holdings Bhd XKLS:5038
72 GF Score
Price RM2.80
GF Value RM2.19
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is KSL Holdings Bhd Debt-to-Equity?

KSL Holdings Bhd XKLS:5038 72 Debt-to-Equity is 0.18 as of Mar. 2026, which is 500% above its 10-year median of 0.03. GuruFocus rates XKLS:5038 with a GF Score™ of 72/100 and a GF Value™ of RM2.19 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,541 Real Estate companies, KSL Holdings Bhd ranks better than 80.08% on this metric.

KSL Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM861 Mil. KSL Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM0 Mil. KSL Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM4,765 Mil. KSL Holdings Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.18.

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

XKLS:5038' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.18
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of KSL Holdings Bhd was 0.18. The lowest was 0.01. And the median was 0.03.

XKLS:5038's Debt-to-Equity is ranked better than
80.08% of 1541 companies
in the Real Estate industry
Industry Median: 0.75 vs XKLS:5038: 0.18

KSL Holdings Bhd  (XKLS:5038) 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.


KSL Holdings Bhd Debt-to-Equity Related Terms


KSL Holdings Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for KSL 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.

KSL Holdings Bhd Debt-to-Equity Chart

KSL 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 0.04 0.02 0.01 0.10 0.18

KSL 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 0.12 0.13 0.15 0.18 0.18

KSL Holdings Bhd Debt-to-Equity Competitor Comparison

For the Real Estate - Development subindustry, KSL 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.


KSL Holdings Bhd Debt-to-Equity vs Real Estate Industry

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

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


XKLS:5038
72GF Score
KSL Holdings Bhd XKLS:5038
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KSL Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

KSL 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 0.18 mean?
KSL Holdings Bhd (XKLS:5038) has a Debt-to-Equity of 0.18 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on KSL Holdings Bhd and its competitors. This is 500% above median its historical median of 0.03. Over the past decade, KSL Holdings Bhd's Debt-to-Equity has ranged from 0.01 to 0.18. According to the industry distribution chart, KSL Holdings Bhd ranks #307 out of 1541 companies in the Real Estate industry, placing it in the top 19.9%.
Is KSL Holdings Bhd's Debt-to-Equity too high?
KSL Holdings Bhd's current Debt-to-Equity of 0.18 is 500% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.18. The Real Estate industry median Debt-to-Equity is 0.75. KSL Holdings Bhd's value of 0.18 is 76% below this industry median. Based on the distribution chart, KSL Holdings Bhd ranks #307 out of 1541 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, KSL Holdings Bhd has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KSL Holdings Bhd's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, KSL Holdings Bhd ranks #307 out of 1541 companies for Debt-to-Equity. This places KSL Holdings Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.75. KSL Holdings Bhd's value of 0.18 is 76% below this benchmark. Historically, KSL Holdings Bhd's own Debt-to-Equity has ranged from 0.01 to 0.18 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.75, KSL 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,541 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. KSL Holdings Bhd's current Debt-to-Equity of 0.18 is 76% 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 KSL Holdings 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. KSL Holdings Bhd's current Debt-to-Equity is 0.18, which is 500% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KSL Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, KSL Holdings Bhd (XKLS:5038) is currently considered Modestly Overvalued. The stock's GF Value™ is RM2.19, compared to a current price of RM2.80 — trading 27.9% above its estimated fair value. The current Debt-to-Equity is 0.18, which is 500% above median its 10-year median of 0.03 and 76% below the Real Estate industry median of 0.75. KSL Holdings Bhd's overall GF Score™ is 72/100 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 KSL Holdings Bhd (XKLS:5038), the current Debt-to-Equity is 0.18 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 KSL Holdings Bhd (XKLS:5038) Overvalued in 2026?

Based on GuruFocus' analysis, KSL Holdings Bhd stock appears to be overvalued. The current stock price of RM2.80 is trading 27.9% above its estimated GF Value™ of RM2.19. GuruFocus considers KSL Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5038:

  • Debt-to-Equity: 0.18 (500% above median its 10-year median of 0.03)
  • GF Value™: RM2.19 vs. price of RM2.80 (27.9% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 76% below the Real Estate median (#307 of 1541)

No single metric tells the full story. See the XKLS:5038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KSL Holdings Bhd Business Description

Address Wisma KSL, No. 148, Batu 1 1/2, Jalan Buloh Kasap, Segamat, JHR, MYS, 85000
KSL Holdings Bhd is a holding company. It is engaged in real estate services. The company has four reportable segments: Property development, Property investment, Investment holding, and Car park operation. Property development includes the development of residential and commercial properties; Property investment includes an investment in real properties and hotels; Investment holding includes the provision of management services to the subsidiaries, and Car park operation includes car park management services. KSL derives the majority of its revenue from Property development.
72GF Score

Get the complete analysis for XKLS:5038

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

RM2.80
Price
RM2.19
GF Value