D'Nonce Technology Bhd (XKLS:7114) Debt-to-Equity: 0.37 (As of Mar. 2026) — 12% Above Median

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What is D'Nonce Technology Bhd Debt-to-Equity?

D'Nonce Technology Bhd XKLS:7114 Debt-to-Equity is 0.37 as of Mar. 2026, which is 12% above its 10-year median of 0.33. The stock has 7 warning signs investors should review. Among 364 Packaging & Containers companies, D'Nonce Technology Bhd ranks better than 55.22% on this metric.

D'Nonce Technology Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM32.9 Mil. D'Nonce Technology Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM40.8 Mil. D'Nonce Technology Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM198.7 Mil. D'Nonce Technology Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.37.

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 D'Nonce Technology Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7114' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.33   Max: 1.38
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of D'Nonce Technology Bhd was 1.38. The lowest was 0.22. And the median was 0.33.

XKLS:7114's Debt-to-Equity is ranked better than
55.22% of 364 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs XKLS:7114: 0.37

D'Nonce Technology Bhd  (XKLS:7114) 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.


D'Nonce Technology Bhd Debt-to-Equity Related Terms


D'Nonce Technology Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for D'Nonce Technology 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.

D'Nonce Technology Bhd Debt-to-Equity Chart

D'Nonce Technology Bhd Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Apr21 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.22 0.25 0.33 0.37

D'Nonce Technology Bhd Quarterly Data
Apr21 Jul21 Oct21 Jan22 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 0.33 0.37 0.36 0.35 0.37

XKLS:7114 vs SW, PKG, IP: Debt-to-Equity Comparison

For the Packaging & Containers subindustry, D'Nonce Technology 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.


D'Nonce Technology Bhd Debt-to-Equity vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, D'Nonce Technology Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where D'Nonce Technology Bhd's Debt-to-Equity falls into.



D'Nonce Technology Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

D'Nonce Technology 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 0.37 mean?
D'Nonce Technology Bhd (XKLS:7114) has a Debt-to-Equity of 0.37 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on D'Nonce Technology Bhd and its competitors. This is 12% above median its historical median of 0.33. Over the past decade, D'Nonce Technology Bhd's Debt-to-Equity has ranged from 0.22 to 1.38. According to the industry distribution chart, D'Nonce Technology Bhd ranks #163 out of 364 companies in the Packaging & Containers industry, placing it in the top 44.8%.
Is D'Nonce Technology Bhd's Debt-to-Equity too high?
D'Nonce Technology Bhd's current Debt-to-Equity of 0.37 is 12% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.38. The Packaging & Containers industry median Debt-to-Equity is 0.43. D'Nonce Technology Bhd's value of 0.37 is 14% below this industry median. Based on the distribution chart, D'Nonce Technology Bhd ranks #163 out of 364 companies in the Packaging & Containers industry, which is above the industry midpoint.
How does D'Nonce Technology Bhd's Debt-to-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, D'Nonce Technology Bhd ranks #163 out of 364 companies for Debt-to-Equity. This puts D'Nonce Technology Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.43. D'Nonce Technology Bhd's value of 0.37 is 14% below this benchmark. Historically, D'Nonce Technology Bhd's own Debt-to-Equity has ranged from 0.22 to 1.38 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.43, D'Nonce Technology 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 Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 364 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. D'Nonce Technology Bhd's current Debt-to-Equity of 0.37 is 14% 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 D'Nonce Technology Bhd and its competitors. For the Packaging & Containers industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D'Nonce Technology Bhd's current Debt-to-Equity is 0.37, which is 12% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D'Nonce Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, D'Nonce Technology Bhd (XKLS:7114) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.04 — trading 12.5% below its estimated fair value. The current Debt-to-Equity is 0.37, which is 12% above median its 10-year median of 0.33 and 14% below the Packaging & Containers industry median of 0.43. 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 D'Nonce Technology Bhd (XKLS:7114), the current Debt-to-Equity is 0.37 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.

D'Nonce Technology Bhd Business Description

Address 51-14-B&C, Jalan Sultan Ahmad Shah, Menara BHL, Georgetown, PNG, MYS, 10050
D'Nonce Technology Bhd is involved in the provision of management services and investment holding activity. The group has three reportable segments: Healthcare; Electrical and electronics; and Other industries. The group's primary revenue generator is the electrical and electronics segment. The electrical and electronics segment includes end-to-end packaging and design solutions, precision polymer engineering services, cleanroom services, and contract manufacturing majorly supporting customers in the electrical and electronics industry In addition, it is also operating as a contract manufacturer of electronic components. Geographically, Malaysian regions account for the majority of revenue.