Al-Salam Real Estate Investment Trust (XKLS:5269) Debt-to-Equity: 0.96 (As of Mar. 2026) — Near 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:5269 Al-Salam Real Estate Investment Trust XKLS:5269
46 GF Score
Price RM0.60
GF Value RM0.49
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Al-Salam Real Estate Investment Trust Debt-to-Equity?

Al-Salam Real Estate Investment Trust XKLS:5269 +0.85% 46 Debt-to-Equity is 0.96 as of Mar. 2026, which is 1% below its 10-year median of 0.97. GuruFocus rates XKLS:5269 with a GF Score™ of 46/100 and a GF Value™ of RM0.49 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 684 REITs companies, Al-Salam Real Estate Investment Trust ranks worse than 64.47% on this metric.

Al-Salam Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM117.76 Mil. Al-Salam Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM512.38 Mil. Al-Salam Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM654.08 Mil. Al-Salam Real Estate Investment Trust's debt to equity for the quarter that ended in Mar. 2026 was 0.96.

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 Al-Salam Real Estate Investment Trust's Debt-to-Equity or its related term are showing as below:

XKLS:5269' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.97   Max: 1.08
Current: 0.96

During the past 11 years, the highest Debt-to-Equity Ratio of Al-Salam Real Estate Investment Trust was 1.08. The lowest was 0.00. And the median was 0.97.

XKLS:5269's Debt-to-Equity is ranked worse than
64.47% of 684 companies
in the REITs industry
Industry Median: 0.78 vs XKLS:5269: 0.96

Al-Salam Real Estate Investment Trust  (XKLS:5269) 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.


Al-Salam Real Estate Investment Trust Debt-to-Equity Related Terms


Al-Salam Real Estate Investment Trust Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Al-Salam Real Estate Investment Trust'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.

Al-Salam Real Estate Investment Trust Debt-to-Equity Chart

Al-Salam Real Estate Investment Trust 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 1.08 1.00 0.99 0.99 0.97

Al-Salam Real Estate Investment Trust 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 0.99 0.97 0.97 0.97 0.96

XKLS:5269 vs VICI, WPC, BNL: Debt-to-Equity Comparison

For the REIT - Diversified subindustry, Al-Salam Real Estate Investment Trust'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.


Al-Salam Real Estate Investment Trust Debt-to-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Al-Salam Real Estate Investment Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Al-Salam Real Estate Investment Trust's Debt-to-Equity falls into.


XKLS:5269
46GF Score
Al-Salam Real Estate Investment Trust XKLS:5269
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al-Salam Real Estate Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Al-Salam Real Estate Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Al-Salam Real Estate Investment Trust'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 0.96 mean?
Al-Salam Real Estate Investment Trust (XKLS:5269) has a Debt-to-Equity of 0.96 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Al-Salam Real Estate Investment Trust and its competitors. This is near median its historical median of 0.97. According to the industry distribution chart, Al-Salam Real Estate Investment Trust ranks #441 out of 684 companies in the REITs industry, placing it in the top 64.5%.
Is Al-Salam Real Estate Investment Trust's Debt-to-Equity too high?
Al-Salam Real Estate Investment Trust's current Debt-to-Equity of 0.96 is near median its 10-year median of 0.97. The REITs industry median Debt-to-Equity is 0.78. Al-Salam Real Estate Investment Trust's value of 0.96 is 23.1% above this industry median. Based on the distribution chart, Al-Salam Real Estate Investment Trust ranks #441 out of 684 companies in the REITs industry, which is below the industry midpoint. Overall, Al-Salam Real Estate Investment Trust has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al-Salam Real Estate Investment Trust's Debt-to-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Al-Salam Real Estate Investment Trust ranks #441 out of 684 companies for Debt-to-Equity. This places Al-Salam Real Estate Investment Trust in the lower half of its industry. The industry median Debt-to-Equity is 0.78. Al-Salam Real Estate Investment Trust's value of 0.96 is 23.1% above this benchmark. While the company's 10-year median is 0.97 vs. the industry median of 0.78, Al-Salam Real Estate Investment Trust 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 a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 684 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. Al-Salam Real Estate Investment Trust's current Debt-to-Equity of 0.96 is 23.1% 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 Al-Salam Real Estate Investment Trust and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al-Salam Real Estate Investment Trust's current Debt-to-Equity is 0.96, which is near median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Salam Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Al-Salam Real Estate Investment Trust (XKLS:5269) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.49, compared to a current price of RM0.60 — trading 21.4% above its estimated fair value. The current Debt-to-Equity is 0.96, which is near median its 10-year median of 0.97 and 23.1% above the REITs industry median of 0.78. Al-Salam Real Estate Investment Trust's overall GF Score™ is 46/100 with 9 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 Al-Salam Real Estate Investment Trust (XKLS:5269), the current Debt-to-Equity is 0.96 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 Al-Salam Real Estate Investment Trust (XKLS:5269) Overvalued in 2026?

Based on GuruFocus' analysis, Al-Salam Real Estate Investment Trust stock appears to be overvalued. The current stock price of RM0.60 is trading 21.4% above its estimated GF Value™ of RM0.49. GuruFocus considers Al-Salam Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for XKLS:5269:

  • Debt-to-Equity: 0.96 (near median its 10-year median of 0.97)
  • GF Value™: RM0.49 vs. price of RM0.60 (21.4% above fair value)
  • GF Score™: 46/100 with 9 warning signs
  • Industry Position: 23.1% above the REITs median (#441 of 684)

No single metric tells the full story. See the XKLS:5269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Al-Salam Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address V SQUARE, Jalan Utara, Unit 1-19-02, Level 19, Block 1, Bandar Petaling Jaya, Petaling Jaya, SGR, MYS, 46200
Al-Salam Real Estate Investment Trust is an Islamic REIT (Real Estate Investment Trust) based in Malaysia. The principal activity of the trust is investing in Shariah-compliant properties. Its segments include retail outlets, which generate maximum revenue, office buildings, food and beverage (F&B) properties comprising restaurants, industrial and other properties, and other segments comprising fund-level operations. The Fund's key objective is to provide unitholders with regular and stable income distributions, sustainable long-term unit prices, and growth in distributable income and capital while maintaining an appropriate capital structure. The Fund operates solely in Malaysia.
46GF Score

Get the complete analysis for XKLS:5269

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

RM0.60
Price
RM0.49
GF Value