Toyo Ventures Holdings Bhd (XKLS:7173) Debt-to-Equity: 0.19 (As of Mar. 2026) — 171% Above 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:7173 Toyo Ventures Holdings Bhd XKLS:7173
30 GF Score
Price RM0.22
GF Value RM0.13
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Toyo Ventures Holdings Bhd Debt-to-Equity?

Toyo Ventures Holdings Bhd XKLS:7173 -2.27% 30 Debt-to-Equity is 0.19 as of Mar. 2026, which is 171% above its 10-year median of 0.07. GuruFocus rates XKLS:7173 with a GF Score™ of 30/100 and a GF Value™ of RM0.13 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,421 Chemicals companies, Toyo Ventures Holdings Bhd ranks better than 66.29% on this metric.

Toyo Ventures Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM7.28 Mil. Toyo Ventures Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM1.90 Mil. Toyo Ventures Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM49.47 Mil. Toyo Ventures Holdings Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.19.

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 Toyo Ventures Holdings Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7173' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.07   Max: 0.2
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Toyo Ventures Holdings Bhd was 0.20. The lowest was 0.04. And the median was 0.07.

XKLS:7173's Debt-to-Equity is ranked better than
66.29% of 1421 companies
in the Chemicals industry
Industry Median: 0.36 vs XKLS:7173: 0.19

Toyo Ventures Holdings Bhd  (XKLS:7173) 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.


Toyo Ventures Holdings Bhd Debt-to-Equity Related Terms


Toyo Ventures Holdings Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Toyo Ventures Holdings 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.

Toyo Ventures Holdings Bhd Debt-to-Equity Chart

Toyo Ventures Holdings Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep22 Sep23 Sep24 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.07 0.07 0.04 0.19

Toyo Ventures Holdings Bhd Quarterly Data
Dec19 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 0.04 0.05 N/A 0.16 0.19

XKLS:7173 vs LIN, SHW, ECL: Debt-to-Equity Comparison

For the Specialty Chemicals subindustry, Toyo Ventures Holdings 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.


Toyo Ventures Holdings Bhd Debt-to-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toyo Ventures Holdings Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Toyo Ventures Holdings Bhd's Debt-to-Equity falls into.


XKLS:7173
30GF Score
Toyo Ventures Holdings Bhd XKLS:7173
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Ventures Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Toyo Ventures Holdings 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 0.19 mean?
Toyo Ventures Holdings Bhd (XKLS:7173) has a Debt-to-Equity of 0.19 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Toyo Ventures Holdings Bhd and its competitors. This is 171% above median its historical median of 0.07. Over the past decade, Toyo Ventures Holdings Bhd's Debt-to-Equity has ranged from 0.04 to 0.20. According to the industry distribution chart, Toyo Ventures Holdings Bhd ranks #479 out of 1421 companies in the Chemicals industry, placing it in the top 33.7%.
Is Toyo Ventures Holdings Bhd's Debt-to-Equity too high?
Toyo Ventures Holdings Bhd's current Debt-to-Equity of 0.19 is 171% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.20. The Chemicals industry median Debt-to-Equity is 0.36. Toyo Ventures Holdings Bhd's value of 0.19 is 47.2% below this industry median. Based on the distribution chart, Toyo Ventures Holdings Bhd ranks #479 out of 1421 companies in the Chemicals industry, which is above the industry midpoint. Overall, Toyo Ventures Holdings Bhd has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Ventures Holdings Bhd's Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Toyo Ventures Holdings Bhd ranks #479 out of 1421 companies for Debt-to-Equity. This puts Toyo Ventures Holdings Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.36. Toyo Ventures Holdings Bhd's value of 0.19 is 47.2% below this benchmark. Historically, Toyo Ventures Holdings Bhd's own Debt-to-Equity has ranged from 0.04 to 0.20 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.36, Toyo Ventures Holdings 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,421 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. Toyo Ventures Holdings Bhd's current Debt-to-Equity of 0.19 is 47.2% 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 Toyo Ventures Holdings Bhd and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Ventures Holdings Bhd's current Debt-to-Equity is 0.19, which is 171% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Ventures Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Toyo Ventures Holdings Bhd (XKLS:7173) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.22 — trading 65.4% above its estimated fair value. The current Debt-to-Equity is 0.19, which is 171% above median its 10-year median of 0.07 and 47.2% below the Chemicals industry median of 0.36. Toyo Ventures Holdings Bhd's overall GF Score™ is 30/100 with 8 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 Toyo Ventures Holdings Bhd (XKLS:7173), the current Debt-to-Equity is 0.19 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 Toyo Ventures Holdings Bhd (XKLS:7173) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Ventures Holdings Bhd stock appears to be overvalued. The current stock price of RM0.22 is trading 65.4% above its estimated GF Value™ of RM0.13. GuruFocus considers Toyo Ventures Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:7173:

  • Debt-to-Equity: 0.19 (171% above median its 10-year median of 0.07)
  • GF Value™: RM0.13 vs. price of RM0.22 (65.4% above fair value)
  • GF Score™: 30/100 with 8 warning signs
  • Industry Position: 47.2% below the Chemicals median (#479 of 1421)

No single metric tells the full story. See the XKLS:7173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Ventures Holdings Bhd Business Description

Address PT 3477, Jalan 6/1, Kawasan Perusahaan Seri Kembangan, Seri Kembangan, SGR, MYS, 43300
Toyo Ventures Holdings Bhd is a Malaysia-based investment holding company. Its reportable operating segments include Manufacturing, Trading and investment holding, and Energy. The majority of its revenue is generated from the Manufacturing and trading segment, which is involved in the manufacturing of printing ink, colour pigment, colourants for plastic, EDM cutwire and graphic art, CNC machining of graphite and copper EDM electrodes, files, chemicals, and equipment for lithography and allied industries. Geographically, the company generates maximum revenue from Malaysia and also has its presence in Vietnam.
30GF Score

Get the complete analysis for XKLS:7173

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

RM0.22
Price
RM0.13
GF Value