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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.
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.
Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-Equity Related Terms
Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-Equity Historical Data
* 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.
Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-Equity Chart
Malaysia Marine and Heavy Engineering Holdings Bhd Annual Data
XKLS:5186 vs SLB, BKR, FTI: Debt-to-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, Malaysia Marine and Heavy Engineering 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.
Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-Equity vs Oil & Gas Industry
* 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.
Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) has a Debt-to-Equity of 0.32 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Malaysia Marine and Heavy Engineering Holdings Bhd and its competitors. This is 78% above median its historical median of 0.18. Over the past decade, Malaysia Marine and Heavy Engineering Holdings Bhd's Debt-to-Equity has ranged from 0.01 to 0.44. According to the industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #325 out of 810 companies in the Oil & Gas industry, placing it in the top 40.1%.
Is Malaysia Marine and Heavy Engineering Holdings Bhd's Debt-to-Equity too high?
Malaysia Marine and Heavy Engineering Holdings Bhd's current Debt-to-Equity of 0.32 is 78% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.44. The Oil & Gas industry median Debt-to-Equity is 0.45. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 0.32 is 28.9% below this industry median. Based on the distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #325 out of 810 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Malaysia Marine and Heavy Engineering Holdings Bhd has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malaysia Marine and Heavy Engineering Holdings Bhd's Debt-to-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #325 out of 810 companies for Debt-to-Equity. This puts Malaysia Marine and Heavy Engineering Holdings Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.45. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 0.32 is 28.9% below this benchmark. Historically, Malaysia Marine and Heavy Engineering Holdings Bhd's own Debt-to-Equity has ranged from 0.01 to 0.44 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.45, Malaysia Marine and Heavy Engineering 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 an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 810 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. Malaysia Marine and Heavy Engineering Holdings Bhd's current Debt-to-Equity of 0.32 is 28.9% 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 Malaysia Marine and Heavy Engineering Holdings 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. Malaysia Marine and Heavy Engineering Holdings Bhd's current Debt-to-Equity is 0.32, which is 78% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysia Marine and Heavy Engineering Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.35 — trading 11.3% above its estimated fair value. The current Debt-to-Equity is 0.32, which is 78% above median its 10-year median of 0.18 and 28.9% below the Oil & Gas industry median of 0.45. Malaysia Marine and Heavy Engineering Holdings Bhd's overall GF Score™ is 51/100 with 3 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186), the current Debt-to-Equity is 0.32 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Overvalued in 2026?
Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd stock appears to be overvalued.
The current stock price of RM0.35 is trading 11.3% above its estimated GF Value™ of RM0.31.
GuruFocus considers Malaysia Marine and Heavy Engineering Holdings Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5186:
Debt-to-Equity: 0.32 (78% above median its 10-year median of 0.18)
GF Value™: RM0.31 vs. price of RM0.35 (11.3% above fair value)
Industry Position: 28.9% below the Oil & Gas median (#325 of 810)
No single metric tells the full story. See the XKLS:5186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malaysia Marine and Heavy Engineering Holdings Bhd delivers integrated solutions across offshore and onshore facilities as well as marine vessels. The company provides a comprehensive suite of marine repair, conversion and refurbishment services, with a specialized focus on LNG carrier repairs. It is also actively engaged in new and renewable energy and decarbonisation-related works, including the fabrication and construction of carbon capture facilities, offshore wind farm substations, and green hydrogen infrastructure. The company's segments include the Heavy Engineering segment, which provides services for oil and gas engineering and construction works, and the Marine segment, which provides marine conversion works and repair services.
51GF Score
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