Handal Energy Bhd (XKLS:7253) Debt-to-Equity: 0.98 (As of Mar. 2026) — 263% Above Median

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What is Handal Energy Bhd Debt-to-Equity?

Handal Energy Bhd XKLS:7253 Debt-to-Equity is 0.98 as of Mar. 2026, which is 263% above its 10-year median of 0.27. The stock has 4 warning signs investors should review. Among 796 Oil & Gas companies, Handal Energy Bhd ranks worse than 72.86% on this metric.

Handal Energy Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM11.97 Mil. Handal Energy Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM0.00 Mil. Handal Energy Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM12.26 Mil. Handal Energy Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.98.

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

XKLS:7253' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.27   Max: 1.31
Current: 0.98

During the past 12 years, the highest Debt-to-Equity Ratio of Handal Energy Bhd was 1.31. The lowest was 0.12. And the median was 0.27.

XKLS:7253's Debt-to-Equity is ranked worse than
72.86% of 796 companies
in the Oil & Gas industry
Industry Median: 0.465 vs XKLS:7253: 0.98

Handal Energy Bhd  (XKLS:7253) 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.


Handal Energy Bhd Debt-to-Equity Related Terms


Handal Energy Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Handal Energy 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.

Handal Energy Bhd Debt-to-Equity Chart

Handal Energy Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Jun20 Jun21 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.28 0.43 0.26 0.12

Handal Energy Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.78 0.83 0.41 1.01 0.98

XKLS:7253 vs SLB, BKR, HAL: Debt-to-Equity Comparison

For the Oil & Gas Equipment & Services subindustry, Handal Energy 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.


Handal Energy Bhd Debt-to-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Handal Energy Bhd's Debt-to-Equity distribution charts can be found below:

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



Handal Energy Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Handal Energy Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Handal Energy 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 0.98 mean?
Handal Energy Bhd (XKLS:7253) has a Debt-to-Equity of 0.98 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Handal Energy Bhd and its competitors. This is 263% above median its historical median of 0.27. Over the past decade, Handal Energy Bhd's Debt-to-Equity has ranged from 0.12 to 1.31. According to the industry distribution chart, Handal Energy Bhd ranks #580 out of 796 companies in the Oil & Gas industry, placing it in the top 72.9%.
Is Handal Energy Bhd's Debt-to-Equity too high?
Handal Energy Bhd's current Debt-to-Equity of 0.98 is 263% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.31. The Oil & Gas industry median Debt-to-Equity is 0.47. Handal Energy Bhd's value of 0.98 is 110.8% above this industry median. Based on the distribution chart, Handal Energy Bhd ranks #580 out of 796 companies in the Oil & Gas industry, which is below the industry midpoint.
How does Handal Energy Bhd's Debt-to-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Handal Energy Bhd ranks #580 out of 796 companies for Debt-to-Equity. This places Handal Energy Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.47. Handal Energy Bhd's value of 0.98 is 110.8% above this benchmark. Historically, Handal Energy Bhd's own Debt-to-Equity has ranged from 0.12 to 1.31 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.47, Handal Energy 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 Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.47, based on 796 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. Handal Energy Bhd's current Debt-to-Equity of 0.98 is 110.8% 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 Handal Energy Bhd and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Handal Energy Bhd's current Debt-to-Equity is 0.98, which is 263% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Handal Energy Bhd stock overvalued right now?
Handal Energy Bhd (XKLS:7253) has a current Debt-to-Equity of 0.98. The stock's GF Value™ is RM0.04, compared to a current price of RM0.01 — trading 75% below its estimated fair value. The current Debt-to-Equity is 0.98, which is 263% above median its 10-year median of 0.27 and 110.8% above the Oil & Gas industry median of 0.47. 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 Handal Energy Bhd (XKLS:7253), the current Debt-to-Equity is 0.98 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.

Handal Energy Bhd Business Description

Industry EnergyOil & Gas
Address Mukim Teluk Kalong, Lot PT7358, Kawasan Perindustrian Teluk Kalong, Kemaman, Terengganu Darul Iman, TRG, MYS, 24007
Handal Energy Bhd provides integrated crane services in Malaysia. The company's operating segment includes Investment holding; Integrated, maintenance, repair and overhaul services; and other segments. It generates maximum revenue from the Integrated, maintenance, repair and overhaul services segment. Geographically, it operates only in Malaysia.