Solid Automotive Bhd (XKLS:5242) Debt-to-Equity: 0.21 (As of Apr. 2026) — Near Median

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XKLS:5242 Solid Automotive Bhd XKLS:5242
43 GF Score
Price RM0.12
GF Value RM0.19
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Solid Automotive Bhd Debt-to-Equity?

Solid Automotive Bhd XKLS:5242 -4.17% 43 Debt-to-Equity is 0.21 as of Apr. 2026, which is 5% above its 10-year median of 0.20. GuruFocus rates XKLS:5242 with a GF Score™ of 43/100 and a GF Value™ of RM0.19 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,225 Vehicles & Parts companies, Solid Automotive Bhd ranks better than 70.45% on this metric.

Solid Automotive Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was RM41.9 Mil. Solid Automotive Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was RM10.1 Mil. Solid Automotive Bhd's Total Stockholders Equity for the quarter that ended in Apr. 2026 was RM242.8 Mil. Solid Automotive Bhd's debt to equity for the quarter that ended in Apr. 2026 was 0.21.

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

XKLS:5242' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.2   Max: 0.4
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Solid Automotive Bhd was 0.40. The lowest was 0.05. And the median was 0.20.

XKLS:5242's Debt-to-Equity is ranked better than
70.45% of 1225 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs XKLS:5242: 0.21

Solid Automotive Bhd  (XKLS:5242) 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.


Solid Automotive Bhd Debt-to-Equity Related Terms


Solid Automotive Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Solid Automotive 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.

Solid Automotive Bhd Debt-to-Equity Chart

Solid Automotive Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.31 0.19 0.16 0.21

Solid Automotive 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 0.16 0.18 0.20 0.21 0.21

XKLS:5242 vs ORLY, AZO: Debt-to-Equity Comparison

For the Auto Parts subindustry, Solid Automotive 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.


Solid Automotive Bhd Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Automotive Bhd's Debt-to-Equity distribution charts can be found below:

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


XKLS:5242
43GF Score
Solid Automotive Bhd XKLS:5242
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid Automotive Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Solid Automotive 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 0.21 mean?
Solid Automotive Bhd (XKLS:5242) has a Debt-to-Equity of 0.21 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Solid Automotive Bhd and its competitors. This is near median its historical median of 0.20. Over the past decade, Solid Automotive Bhd's Debt-to-Equity has ranged from 0.05 to 0.40. According to the industry distribution chart, Solid Automotive Bhd ranks #362 out of 1225 companies in the Vehicles & Parts industry, placing it in the top 29.6%.
Is Solid Automotive Bhd's Debt-to-Equity too high?
Solid Automotive Bhd's current Debt-to-Equity of 0.21 is near median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.40. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Solid Automotive Bhd's value of 0.21 is 54.3% below this industry median. Based on the distribution chart, Solid Automotive Bhd ranks #362 out of 1225 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Solid Automotive Bhd has a GF Score™ of 43/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid Automotive Bhd's Debt-to-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Solid Automotive Bhd ranks #362 out of 1225 companies for Debt-to-Equity. This puts Solid Automotive Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.46. Solid Automotive Bhd's value of 0.21 is 54.3% below this benchmark. Historically, Solid Automotive Bhd's own Debt-to-Equity has ranged from 0.05 to 0.40 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.46, Solid Automotive 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 Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,225 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. Solid Automotive Bhd's current Debt-to-Equity of 0.21 is 54.3% 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 Solid Automotive Bhd and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Automotive Bhd's current Debt-to-Equity is 0.21, which is near median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Automotive Bhd stock overvalued right now?
Based on GuruFocus' analysis, Solid Automotive Bhd (XKLS:5242) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.12 — trading 39.5% below its estimated fair value. The current Debt-to-Equity is 0.21, which is near median its 10-year median of 0.20 and 54.3% below the Vehicles & Parts industry median of 0.46. Solid Automotive Bhd's overall GF Score™ is 43/100 with 4 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 Solid Automotive Bhd (XKLS:5242), the current Debt-to-Equity is 0.21 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 Solid Automotive Bhd (XKLS:5242) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Automotive Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 39.5% below its estimated GF Value™ of RM0.19. GuruFocus considers Solid Automotive Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5242:

  • Debt-to-Equity: 0.21 (near median its 10-year median of 0.20)
  • GF Value™: RM0.19 vs. price of RM0.12 (39.5% below fair value)
  • GF Score™: 43/100 with 4 warning signs
  • Industry Position: 54.3% below the Vehicles & Parts median (#362 of 1225)

No single metric tells the full story. See the XKLS:5242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Automotive Bhd Business Description

Address 5, Jalan Dataran 5, Taman Kempas, Johor Bahru, JHR, MYS, 81200
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. Along with its subsidiaries, the company operates in the following reportable segments: Automotive service, electrical, spare and related parts, Automotive engine and mechanical parts, and Others. It generates maximum revenue from the Automotive service, electrical, spare and related parts segment, which is involved in trading and distribution of automotive batteries, lubricants, electrical parts, spare parts and components. Geographically, the group generates maximum revenue from Malaysia, followed by the Middle East and Africa, and Other regions.
43GF Score

Get the complete analysis for XKLS:5242

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

RM0.12
Price
RM0.19
GF Value