Ahmad Zaki Resources Bhd (XKLS:7078) Debt-to-Equity: 24.10 (As of Mar. 2026) — 139% Above Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:7078 Ahmad Zaki Resources Bhd XKLS:7078
18 GF Score
Price RM0.12
GF Value RM0.35
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ahmad Zaki Resources Bhd Debt-to-Equity?

Ahmad Zaki Resources Bhd XKLS:7078 18 Debt-to-Equity is 24.10 as of Mar. 2026, which is 139% above its 10-year median of 10.10. GuruFocus rates XKLS:7078 with a GF Score™ of 18/100 and a GF Value™ of RM0.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,616 Construction companies, Ahmad Zaki Resources Bhd ranks worse than 99.57% on this metric.

Ahmad Zaki Resources Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM371.4 Mil. Ahmad Zaki Resources Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM2,597.3 Mil. Ahmad Zaki Resources Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM123.2 Mil. Ahmad Zaki Resources Bhd's debt to equity for the quarter that ended in Mar. 2026 was 24.10.

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 Ahmad Zaki Resources Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7078' s Debt-to-Equity Range Over the Past 10 Years
Min: 5.26   Med: 10.1   Max: 52.98
Current: 24.1

During the past 13 years, the highest Debt-to-Equity Ratio of Ahmad Zaki Resources Bhd was 52.98. The lowest was 5.26. And the median was 10.10.

XKLS:7078's Debt-to-Equity is ranked worse than
99.57% of 1616 companies
in the Construction industry
Industry Median: 0.4 vs XKLS:7078: 24.10

Ahmad Zaki Resources Bhd  (XKLS:7078) 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.


Ahmad Zaki Resources Bhd Debt-to-Equity Related Terms


Ahmad Zaki Resources Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ahmad Zaki Resources 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.

Ahmad Zaki Resources Bhd Debt-to-Equity Chart

Ahmad Zaki Resources Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.69 11.45 17.36 45.65 13.92

Ahmad Zaki Resources Bhd 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 14.24 14.44 15.57 N/A 24.10

XKLS:7078 vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Ahmad Zaki Resources 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.


Ahmad Zaki Resources Bhd Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Ahmad Zaki Resources Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ahmad Zaki Resources Bhd's Debt-to-Equity falls into.


XKLS:7078
18GF Score
Ahmad Zaki Resources Bhd XKLS:7078
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ahmad Zaki Resources Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ahmad Zaki Resources Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Ahmad Zaki Resources Bhd'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 24.10 mean?
Ahmad Zaki Resources Bhd (XKLS:7078) has a Debt-to-Equity of 24.10 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ahmad Zaki Resources Bhd and its competitors. This is 139% above median its historical median of 10.10. Over the past decade, Ahmad Zaki Resources Bhd's Debt-to-Equity has ranged from 5.26 to 52.98. According to the industry distribution chart, Ahmad Zaki Resources Bhd ranks #1609 out of 1616 companies in the Construction industry, placing it in the top 99.6%.
Is Ahmad Zaki Resources Bhd's Debt-to-Equity too high?
Ahmad Zaki Resources Bhd's current Debt-to-Equity of 24.10 is 139% above median its 10-year median of 10.10. Over the past 10 years, this metric has ranged from a low of 5.26 to a high of 52.98. The Construction industry median Debt-to-Equity is 0.40. Ahmad Zaki Resources Bhd's value of 24.10 is 5925% above this industry median. Based on the distribution chart, Ahmad Zaki Resources Bhd ranks #1609 out of 1616 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Ahmad Zaki Resources Bhd has a GF Score™ of 18/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ahmad Zaki Resources Bhd's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Ahmad Zaki Resources Bhd ranks #1609 out of 1616 companies for Debt-to-Equity. This places Ahmad Zaki Resources Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Ahmad Zaki Resources Bhd's value of 24.10 is 5925% above this benchmark. Historically, Ahmad Zaki Resources Bhd's own Debt-to-Equity has ranged from 5.26 to 52.98 over the past decade. While the company's 10-year median is 10.10 vs. the industry median of 0.40, Ahmad Zaki Resources 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 a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,616 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. Ahmad Zaki Resources Bhd's current Debt-to-Equity of 24.10 is 5925% 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 Ahmad Zaki Resources Bhd and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ahmad Zaki Resources Bhd's current Debt-to-Equity is 24.10, which is 139% above median its own 10-year median of 10.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ahmad Zaki Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ahmad Zaki Resources Bhd (XKLS:7078) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.35, compared to a current price of RM0.12 — trading 65.7% below its estimated fair value. The current Debt-to-Equity is 24.10, which is 139% above median its 10-year median of 10.10 and 5925% above the Construction industry median of 0.40. Ahmad Zaki Resources Bhd's overall GF Score™ is 18/100 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 Ahmad Zaki Resources Bhd (XKLS:7078), the current Debt-to-Equity is 24.10 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 Ahmad Zaki Resources Bhd (XKLS:7078) Overvalued in 2026?

Based on GuruFocus' analysis, Ahmad Zaki Resources Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 65.7% below its estimated GF Value™ of RM0.35. GuruFocus considers Ahmad Zaki Resources Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7078:

  • Debt-to-Equity: 24.10 (139% above median its 10-year median of 10.10)
  • GF Value™: RM0.35 vs. price of RM0.12 (65.7% below fair value)
  • GF Score™: 18/100 with 5 warning signs
  • Industry Position: 5925% above the Construction median (#1609 of 1616)

No single metric tells the full story. See the XKLS:7078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ahmad Zaki Resources Bhd Business Description

Address Menara AZRB, No. 71, Persiaran Gurney, Kuala Lumpur, MYS, 54000
Ahmad Zaki Resources Bhd is principally engaged in investment holding, providing management services and as contractor of civil and structural works. Its segments include Engineering and Construction provides civil and structural works; Concession engages in concession and assets managements; Oil and Gas engages in dealing in marine fuels, lubricants, petroleum based products and logistics management and vessel related services; Plantation engages in production of crude palm oil and kernel; and Property engages in property development, hotel operation and facilities management. It derives majority of revenue from Engineering and Construction segment. Geographically, it operates in Malaysia, Republic of Indonesia, India, and Kingdom of Saudi Arabia.
18GF Score

Get the complete analysis for XKLS:7078

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

RM0.12
Price
RM0.35
GF Value