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Bonia BhdXKLS:9288 -4.55%81 Debt-to-Equity is 0.42 as of Mar. 2026, which is 17% above its 10-year median of 0.36. GuruFocus rates XKLS:9288 with a GF Score™ of 81/100 and a GF Value™ of RM1.36 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 931 Manufacturing - Apparel & Accessories companies, Bonia Bhd ranks better than 50.27% on this metric.
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 Bonia Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:9288'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.36 Max: 0.42
Current: 0.42
During the past 13 years, the highest Debt-to-Equity Ratio of Bonia Bhd was 0.42. The lowest was 0.15. And the median was 0.36.
XKLS:9288's Debt-to-Equity is ranked better than 50.27% of 931
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42
vs XKLS:9288: 0.42
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.
Bonia Bhd Debt-to-Equity Related Terms
Bonia Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Bonia 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.
XKLS:9288 vs RL, LEVI, VFC: Debt-to-Equity Comparison
For the Apparel Manufacturing subindustry, Bonia 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.
Bonia Bhd Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bonia Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bonia Bhd's Debt-to-Equity falls into.
* 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.
Bonia Bhd (XKLS:9288) has a Debt-to-Equity of 0.42 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bonia Bhd and its competitors. This is 17% above median its historical median of 0.36. Over the past decade, Bonia Bhd's Debt-to-Equity has ranged from 0.15 to 0.42. According to the industry distribution chart, Bonia Bhd ranks #463 out of 931 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.7%.
Is Bonia Bhd's Debt-to-Equity too high?
Bonia Bhd's current Debt-to-Equity of 0.42 is 17% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.42. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.42. Bonia Bhd's value of 0.42 is 0% at this industry median. Based on the distribution chart, Bonia Bhd ranks #463 out of 931 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bonia Bhd has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bonia Bhd's Debt-to-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bonia Bhd ranks #463 out of 931 companies for Debt-to-Equity. This puts Bonia Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.42. Bonia Bhd's value of 0.42 is 0% at this benchmark. Historically, Bonia Bhd's own Debt-to-Equity has ranged from 0.15 to 0.42 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.42, Bonia Bhd has consistently been at 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.42, based on 931 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. Bonia Bhd's current Debt-to-Equity of 0.42 is 0% at 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 Bonia Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonia Bhd's current Debt-to-Equity is 0.42, which is 17% 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 Bonia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bonia Bhd (XKLS:9288) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.36, compared to a current price of RM0.84 — trading 38.2% below its estimated fair value. The current Debt-to-Equity is 0.42, which is 17% above median its 10-year median of 0.36 and 0% at the Manufacturing - Apparel & Accessories industry median of 0.42. Bonia Bhd's overall GF Score™ is 81/100 with 5 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 Bonia Bhd (XKLS:9288), the current Debt-to-Equity is 0.42 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 Bonia Bhd (XKLS:9288) Overvalued in 2026?
Based on GuruFocus' analysis, Bonia Bhd stock appears to be undervalued.
The current stock price of RM0.84 is trading 38.2% below its estimated GF Value™ of RM1.36.
GuruFocus considers Bonia Bhd to be Possible Value Trap.
Key valuation signals for XKLS:9288:
Debt-to-Equity: 0.42 (17% above median its 10-year median of 0.36)
GF Value™: RM1.36 vs. price of RM0.84 (38.2% below fair value)
Industry Position: 0% at the Manufacturing - Apparel & Accessories median (#463 of 931)
No single metric tells the full story. See the XKLS:9288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bonia Corp Bhd is principally engaged in product design, manufacturing, promotion, marketing, distribution, wholesale, and retail of luxury leatherwear, footwear, apparel, accessories, and eyewear for both men and women under its in-house brands as well as other internationally licensed brands. It operates through the following segments: Retailing, which generates the majority of revenue and designs, promotes, and markets fashionable apparel, footwear, accessories, and leather goods; Manufacturing, which produces and markets fashionable leather goods; and Investment and Property Development, which involves rental and property development. Geographically, the company derives its key revenue from Malaysia, with the rest coming from Singapore, Indonesia, and other regions.
81GF Score
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