Wong Engineering Bhd (XKLS:7050) Debt-to-Equity: 0.44 (As of Apr. 2026) — 52% Above Median

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XKLS:7050 Wong Engineering Corp Bhd XKLS:7050
40 GF Score
Price RM0.19
GF Value RM0.29
Valuation Possible Value Trap
! 3 Warning Signs
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What is Wong Engineering Bhd Debt-to-Equity?

Wong Engineering Bhd XKLS:7050 40 Debt-to-Equity is 0.44 as of Apr. 2026, which is 52% above its 10-year median of 0.29. GuruFocus rates XKLS:7050 with a GF Score™ of 40/100 and a GF Value™ of RM0.29 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,685 Industrial Products companies, Wong Engineering Bhd ranks worse than 63.61% on this metric.

Wong Engineering Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was RM8.66 Mil. Wong Engineering Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was RM24.96 Mil. Wong Engineering Bhd's Total Stockholders Equity for the quarter that ended in Apr. 2026 was RM76.03 Mil. Wong Engineering Bhd's debt to equity for the quarter that ended in Apr. 2026 was 0.44.

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

XKLS:7050' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.29   Max: 0.66
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Wong Engineering Bhd was 0.66. The lowest was 0.02. And the median was 0.29.

XKLS:7050's Debt-to-Equity is ranked worse than
63.61% of 2685 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKLS:7050: 0.44

Wong Engineering Bhd  (XKLS:7050) 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.


Wong Engineering Bhd Debt-to-Equity Related Terms


Wong Engineering Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Wong Engineering 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.

Wong Engineering Bhd Debt-to-Equity Chart

Wong Engineering Bhd Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.24 0.54 0.62 0.48

Wong Engineering 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 0.66 0.66 0.48 0.48 0.44

XKLS:7050 vs CRS, ATI, MLI: Debt-to-Equity Comparison

For the Metal Fabrication subindustry, Wong Engineering 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.


Wong Engineering Bhd Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wong Engineering Bhd's Debt-to-Equity distribution charts can be found below:

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


XKLS:7050
40GF Score
Wong Engineering Corp Bhd XKLS:7050
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Wong Engineering Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wong Engineering Bhd's Debt to Equity Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Wong Engineering 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 0.44 mean?
Wong Engineering Bhd (XKLS:7050) has a Debt-to-Equity of 0.44 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wong Engineering Bhd and its competitors. This is 52% above median its historical median of 0.29. Over the past decade, Wong Engineering Bhd's Debt-to-Equity has ranged from 0.02 to 0.66. According to the industry distribution chart, Wong Engineering Bhd ranks #1708 out of 2685 companies in the Industrial Products industry, placing it in the top 63.6%.
Is Wong Engineering Bhd's Debt-to-Equity too high?
Wong Engineering Bhd's current Debt-to-Equity of 0.44 is 52% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.66. The Industrial Products industry median Debt-to-Equity is 0.29. Wong Engineering Bhd's value of 0.44 is 51.7% above this industry median. Based on the distribution chart, Wong Engineering Bhd ranks #1708 out of 2685 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Wong Engineering Bhd has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wong Engineering Bhd's Debt-to-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Wong Engineering Bhd ranks #1708 out of 2685 companies for Debt-to-Equity. This places Wong Engineering Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.29. Wong Engineering Bhd's value of 0.44 is 51.7% above this benchmark. Historically, Wong Engineering Bhd's own Debt-to-Equity has ranged from 0.02 to 0.66 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.29, Wong Engineering 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 Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,685 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. Wong Engineering Bhd's current Debt-to-Equity of 0.44 is 51.7% 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 Wong Engineering Bhd and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wong Engineering Bhd's current Debt-to-Equity is 0.44, which is 52% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wong Engineering Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wong Engineering Bhd (XKLS:7050) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.29, compared to a current price of RM0.19 — trading 36.2% below its estimated fair value. The current Debt-to-Equity is 0.44, which is 52% above median its 10-year median of 0.29 and 51.7% above the Industrial Products industry median of 0.29. Wong Engineering Bhd's overall GF Score™ is 40/100 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 Wong Engineering Bhd (XKLS:7050), the current Debt-to-Equity is 0.44 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 Wong Engineering Bhd (XKLS:7050) Overvalued in 2026?

Based on GuruFocus' analysis, Wong Engineering Bhd stock appears to be undervalued. The current stock price of RM0.19 is trading 36.2% below its estimated GF Value™ of RM0.29. GuruFocus considers Wong Engineering Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7050:

  • Debt-to-Equity: 0.44 (52% above median its 10-year median of 0.29)
  • GF Value™: RM0.29 vs. price of RM0.19 (36.2% below fair value)
  • GF Score™: 40/100 with 3 warning signs
  • Industry Position: 51.7% above the Industrial Products median (#1708 of 2685)

No single metric tells the full story. See the XKLS:7050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wong Engineering Bhd Business Description

Address Lot 24, Jalan Hi-Tech 4, Phase 1, Kulim Hi-Tech Park, Kulim, KDH, MYS, 09000
Wong Engineering Corp Bhd is engaged in manufacturing of high precision stamped and turned metal parts and components, complex welded frame structure, related modules and systems as well as trading, marketing and retailing of industrial and consumer products. The segments of the company are, 1) Precision engineering which includes the design and manufacture of high-precision metal stamped parts and sheet metals. 2) Construction and property development includes the provision of general buildings construction and infrastructure work and the provision of property development and related business. 3) Others include Investment holding. The company derives maximum revenue from Precision and engineering Segment.
40GF Score

Get the complete analysis for XKLS:7050

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

RM0.19
Price
RM0.29
GF Value