Hwa Tai Industries Bhd (XKLS:8478) Debt-to-Equity: 1.07 (As of Mar. 2026) — 14% Above Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:8478 Hwa Tai Industries Bhd XKLS:8478
43 GF Score
Price RM0.36
GF Value RM0.64
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Hwa Tai Industries Bhd Debt-to-Equity?

Hwa Tai Industries Bhd XKLS:8478 43 Debt-to-Equity is 1.07 as of Mar. 2026, which is 14% above its 10-year median of 0.94. GuruFocus rates XKLS:8478 with a GF Score™ of 43/100 and a GF Value™ of RM0.64 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,747 Consumer Packaged Goods companies, Hwa Tai Industries Bhd ranks worse than 80.31% on this metric.

Hwa Tai Industries Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM30.6 Mil. Hwa Tai Industries Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM1.1 Mil. Hwa Tai Industries Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM29.7 Mil. Hwa Tai Industries Bhd's debt to equity for the quarter that ended in Mar. 2026 was 1.07.

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 Hwa Tai Industries Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:8478' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48   Med: 0.94   Max: 1.84
Current: 1.07

During the past 13 years, the highest Debt-to-Equity Ratio of Hwa Tai Industries Bhd was 1.84. The lowest was 0.48. And the median was 0.94.

XKLS:8478's Debt-to-Equity is ranked worse than
80.31% of 1747 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs XKLS:8478: 1.07

Hwa Tai Industries Bhd  (XKLS:8478) 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.


Hwa Tai Industries Bhd Debt-to-Equity Related Terms


Hwa Tai Industries Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Hwa Tai Industries 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.

Hwa Tai Industries Bhd Debt-to-Equity Chart

Hwa Tai Industries Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.84 1.13 1.07 1.02

Hwa Tai Industries 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 1.06 1.13 1.11 1.02 1.07

XKLS:8478 vs KHC, GIS: Debt-to-Equity Comparison

For the Packaged Foods subindustry, Hwa Tai Industries 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.


Hwa Tai Industries Bhd Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hwa Tai Industries Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hwa Tai Industries Bhd's Debt-to-Equity falls into.


XKLS:8478
43GF Score
Hwa Tai Industries Bhd XKLS:8478
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hwa Tai Industries Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hwa Tai Industries Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Hwa Tai Industries 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 1.07 mean?
Hwa Tai Industries Bhd (XKLS:8478) has a Debt-to-Equity of 1.07 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hwa Tai Industries Bhd and its competitors. This is 14% above median its historical median of 0.94. Over the past decade, Hwa Tai Industries Bhd's Debt-to-Equity has ranged from 0.48 to 1.84. According to the industry distribution chart, Hwa Tai Industries Bhd ranks #1403 out of 1747 companies in the Consumer Packaged Goods industry, placing it in the top 80.3%.
Is Hwa Tai Industries Bhd's Debt-to-Equity too high?
Hwa Tai Industries Bhd's current Debt-to-Equity of 1.07 is 14% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.84. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. Hwa Tai Industries Bhd's value of 1.07 is 161% above this industry median. Based on the distribution chart, Hwa Tai Industries Bhd ranks #1403 out of 1747 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Hwa Tai Industries Bhd has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hwa Tai Industries Bhd's Debt-to-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hwa Tai Industries Bhd ranks #1403 out of 1747 companies for Debt-to-Equity. This places Hwa Tai Industries Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Hwa Tai Industries Bhd's value of 1.07 is 161% above this benchmark. Historically, Hwa Tai Industries Bhd's own Debt-to-Equity has ranged from 0.48 to 1.84 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.41, Hwa Tai Industries 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,747 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. Hwa Tai Industries Bhd's current Debt-to-Equity of 1.07 is 161% 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 Hwa Tai Industries Bhd and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwa Tai Industries Bhd's current Debt-to-Equity is 1.07, which is 14% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Tai Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hwa Tai Industries Bhd (XKLS:8478) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.64, compared to a current price of RM0.36 — trading 43.8% below its estimated fair value. The current Debt-to-Equity is 1.07, which is 14% above median its 10-year median of 0.94 and 161% above the Consumer Packaged Goods industry median of 0.41. Hwa Tai Industries Bhd's overall GF Score™ is 43/100 with 6 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 Hwa Tai Industries Bhd (XKLS:8478), the current Debt-to-Equity is 1.07 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 Hwa Tai Industries Bhd (XKLS:8478) Overvalued in 2026?

Based on GuruFocus' analysis, Hwa Tai Industries Bhd stock appears to be undervalued. The current stock price of RM0.36 is trading 43.8% below its estimated GF Value™ of RM0.64. GuruFocus considers Hwa Tai Industries Bhd to be Possible Value Trap.

Key valuation signals for XKLS:8478:

  • Debt-to-Equity: 1.07 (14% above median its 10-year median of 0.94)
  • GF Value™: RM0.64 vs. price of RM0.36 (43.8% below fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 161% above the Consumer Packaged Goods median (#1403 of 1747)

No single metric tells the full story. See the XKLS:8478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwa Tai Industries Bhd Business Description

Address Jalan ML 16, ML-16 Industrial Park, No. L9, Seri Kembangan, SGR, MYS, 43300
Hwa Tai Industries Bhd operates as a biscuit manufacturing and investment holding. Its activities are biscuit manufacturing, property holding, and trading. It operates through the following segments: Manufacturing and Trading. The company's products include crackers, cookies, assorted biscuits, cakes, and cream sandwiches, and are marketed under the brand names of Hwa Tai and Luxury. The majority of revenue is from the Manufacturing segment. Geographically, it operates in Malaysia, Thailand, the Philippines, Mauritius, and Other countries, with the majority is from Malaysia.
43GF Score

Get the complete analysis for XKLS:8478

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

RM0.36
Price
RM0.64
GF Value