Joe Holding Bhd (XKLS:7096) Debt-to-Equity: 0.48 (As of Mar. 2026) — 33% Above Median

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What is Joe Holding Bhd Debt-to-Equity?

Joe Holding Bhd XKLS:7096 Debt-to-Equity is 0.48 as of Mar. 2026, which is 33% above its 10-year median of 0.36. The stock has 5 warning signs investors should review. Among 1,220 Vehicles & Parts companies, Joe Holding Bhd ranks worse than 51.31% on this metric.

Joe Holding Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM63.11 Mil. Joe Holding Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM2.03 Mil. Joe Holding Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM134.84 Mil. Joe Holding Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.48.

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

XKLS:7096' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.36   Max: 0.48
Current: 0.48

During the past 13 years, the highest Debt-to-Equity Ratio of Joe Holding Bhd was 0.48. The lowest was 0.00. And the median was 0.36.

XKLS:7096's Debt-to-Equity is ranked worse than
51.31% of 1220 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs XKLS:7096: 0.48

Joe Holding Bhd  (XKLS:7096) 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.


Joe Holding Bhd Debt-to-Equity Related Terms


Joe Holding Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Joe Holding 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.

Joe Holding Bhd Debt-to-Equity Chart

Joe Holding Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.33 0.40 0.41 0.48

Joe Holding 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 0.41 0.44 0.44 0.44 0.48

XKLS:7096 vs ORLY, AZO, GPC: Debt-to-Equity Comparison

For the Auto Parts subindustry, Joe Holding 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.


Joe Holding Bhd Debt-to-Equity vs Vehicles & Parts Industry

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

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



Joe Holding Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Joe Holding Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Joe Holding 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 0.48 mean?
Joe Holding Bhd (XKLS:7096) has a Debt-to-Equity of 0.48 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Joe Holding Bhd and its competitors. This is 33% above median its historical median of 0.36. According to the industry distribution chart, Joe Holding Bhd ranks #626 out of 1220 companies in the Vehicles & Parts industry, placing it in the top 51.3%.
Is Joe Holding Bhd's Debt-to-Equity too high?
Joe Holding Bhd's current Debt-to-Equity of 0.48 is 33% above median its 10-year median of 0.36. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Joe Holding Bhd's value of 0.48 is 4.3% above this industry median. Based on the distribution chart, Joe Holding Bhd ranks #626 out of 1220 companies in the Vehicles & Parts industry, which is below the industry midpoint.
How does Joe Holding Bhd's Debt-to-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Joe Holding Bhd ranks #626 out of 1220 companies for Debt-to-Equity. This places Joe Holding Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Joe Holding Bhd's value of 0.48 is 4.3% above this benchmark. While the company's 10-year median is 0.36 vs. the industry median of 0.46, Joe Holding 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 Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,220 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. Joe Holding Bhd's current Debt-to-Equity of 0.48 is 4.3% 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 Joe Holding 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. Joe Holding Bhd's current Debt-to-Equity is 0.48, which is 33% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joe Holding Bhd stock overvalued right now?
Based on GuruFocus' analysis, Joe Holding Bhd (XKLS:7096) is currently considered Fairly Valued. The stock's GF Value™ is RM0.06, compared to a current price of RM0.07 — trading 8.3% above its estimated fair value. The current Debt-to-Equity is 0.48, which is 33% above median its 10-year median of 0.36 and 4.3% above the Vehicles & Parts industry median of 0.46. 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 Joe Holding Bhd (XKLS:7096), the current Debt-to-Equity is 0.48 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.

Joe Holding Bhd Business Description

Address Jalan Chepor 11/8, Lot 304994, Kawasan Perusahaan Seramik Chepor, Mukim Hulu Kinta, Chemor, Ipoh, PRK, MYS, 31200
Joe Holding Bhd is a Malaysian investment holding company. Along with its subsidiaries, the company operates in the following business segments: Automotive batteries, Valve Regulated lead Acid (VRLA) batteries, Investment holding, and Others. It generates maximum revenue from the Automotive batteries segment, which is engaged in the manufacture, assembly, and sale of automotive batteries and components. The Valve Regulated Lead Acid (VRLA) batteries segment manufactures, assembles, and sells sealed lead (VRLA) batteries; the Investment holding segment is involved in providing warehouse storage service and real estate with its own or lease property n.e.c.; and the Others segment represents gloves manufacturing and dormant subsidiary companies.