Marine & General Bhd (XKLS:5078) Debt-to-Equity: 1.93 (As of Apr. 2026) — 68% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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XKLS:5078 Marine & General Bhd XKLS:5078
27 GF Score
Price RM0.29
GF Value RM0.25
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Marine & General Bhd Debt-to-Equity?

Marine & General Bhd XKLS:5078 +3.57% 27 Debt-to-Equity is 1.93 as of Apr. 2026, which is 68% below its 10-year median of 5.94. GuruFocus rates XKLS:5078 with a GF Score™ of 27/100 and a GF Value™ of RM0.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 809 Oil & Gas companies, Marine & General Bhd ranks worse than 88.5% on this metric.

Marine & General Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was RM85.4 Mil. Marine & General Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was RM398.9 Mil. Marine & General Bhd's Total Stockholders Equity for the quarter that ended in Apr. 2026 was RM251.6 Mil. Marine & General Bhd's debt to equity for the quarter that ended in Apr. 2026 was 1.92.

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 Marine & General Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:5078' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.93   Med: 5.94   Max: 23.07
Current: 1.93

During the past 13 years, the highest Debt-to-Equity Ratio of Marine & General Bhd was 23.07. The lowest was 1.93. And the median was 5.94.

XKLS:5078's Debt-to-Equity is ranked worse than
88.5% of 809 companies
in the Oil & Gas industry
Industry Median: 0.45 vs XKLS:5078: 1.93

Marine & General Bhd  (XKLS:5078) 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.


Marine & General Bhd Debt-to-Equity Related Terms


Marine & General Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Marine & General 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.

Marine & General Bhd Debt-to-Equity Chart

Marine & General Bhd Annual Data
Trend Jul14 Dec16 Dec17 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.53 4.65 3.06 2.38 1.93

Marine & General Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.38 2.15 2.00 1.96 1.93

XKLS:5078 vs SLB, BKR, FTI: Debt-to-Equity Comparison

For the Oil & Gas Equipment & Services subindustry, Marine & General 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.


Marine & General Bhd Debt-to-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marine & General Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Marine & General Bhd's Debt-to-Equity falls into.


XKLS:5078
27GF Score
Marine & General Bhd XKLS:5078
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Marine & General Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marine & General Bhd's Debt to Equity Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Marine & General Bhd's Debt to Equity Ratio for the quarter that ended in Apr. 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 1.93 mean?
Marine & General Bhd (XKLS:5078) has a Debt-to-Equity of 1.93 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Marine & General Bhd and its competitors. This is 68% below median its historical median of 5.94. Over the past decade, Marine & General Bhd's Debt-to-Equity has ranged from 1.93 to 23.07. According to the industry distribution chart, Marine & General Bhd ranks #716 out of 809 companies in the Oil & Gas industry, placing it in the top 88.5%.
Is Marine & General Bhd's Debt-to-Equity too high?
Marine & General Bhd's current Debt-to-Equity of 1.93 is 68% below median its 10-year median of 5.94. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 23.07. The Oil & Gas industry median Debt-to-Equity is 0.45. Marine & General Bhd's value of 1.93 is 328.9% above this industry median. Based on the distribution chart, Marine & General Bhd ranks #716 out of 809 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Marine & General Bhd has a GF Score™ of 27/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marine & General Bhd's Debt-to-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Marine & General Bhd ranks #716 out of 809 companies for Debt-to-Equity. This places Marine & General Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.45. Marine & General Bhd's value of 1.93 is 328.9% above this benchmark. Historically, Marine & General Bhd's own Debt-to-Equity has ranged from 1.93 to 23.07 over the past decade. While the company's 10-year median is 5.94 vs. the industry median of 0.45, Marine & General 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 an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 809 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. Marine & General Bhd's current Debt-to-Equity of 1.93 is 328.9% 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 Marine & General Bhd and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marine & General Bhd's current Debt-to-Equity is 1.93, which is 68% below median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marine & General Bhd stock overvalued right now?
Based on GuruFocus' analysis, Marine & General Bhd (XKLS:5078) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.25, compared to a current price of RM0.29 — trading 16% above its estimated fair value. The current Debt-to-Equity is 1.93, which is 68% below median its 10-year median of 5.94 and 328.9% above the Oil & Gas industry median of 0.45. Marine & General Bhd's overall GF Score™ is 27/100 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 Marine & General Bhd (XKLS:5078), the current Debt-to-Equity is 1.93 as of Apr. 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 Marine & General Bhd (XKLS:5078) Overvalued in 2026?

Based on GuruFocus' analysis, Marine & General Bhd stock appears to be overvalued. The current stock price of RM0.29 is trading 16% above its estimated GF Value™ of RM0.25. GuruFocus considers Marine & General Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5078:

  • Debt-to-Equity: 1.93 (68% below median its 10-year median of 5.94)
  • GF Value™: RM0.25 vs. price of RM0.29 (16% above fair value)
  • GF Score™: 27/100 with 5 warning signs
  • Industry Position: 328.9% above the Oil & Gas median (#716 of 809)

No single metric tells the full story. See the XKLS:5078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marine & General Bhd Business Description

Industry EnergyOil & Gas
Address No. 1, Jalan Tun Mohd Fuad, Level 23, Menara Kenari, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000
Marine & General Bhd is an investment holding company. Through its subsidiary, it is engaged in business activities of provision of offshore marine support services, marine logistics services, and tanker management services. Its operating segments include Marine Logistics - Upstream, which is the key revenue driver; and Marine Logistics - Downstream. The company generates the majority of its revenue from Malaysia.
27GF Score

Get the complete analysis for XKLS:5078

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

RM0.29
Price
RM0.25
GF Value