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Industronics BhdXKLS:9393 -14.29% Debt-to-Equity is 0.03 as of Mar. 2026, which is at its 10-year median of 0.03. The stock has 5 warning signs investors should review. Among 2,233 Hardware companies, Industronics Bhd ranks better than 89.25% 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 Industronics Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:9393'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 1.89
Current: 0.03
During the past 13 years, the highest Debt-to-Equity Ratio of Industronics Bhd was 1.89. The lowest was 0.00. And the median was 0.03.
XKLS:9393's Debt-to-Equity is ranked better than 89.25% of 2233
companies
in the Hardware industry
Industry Median: 0.28
vs XKLS:9393: 0.03
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.
Industronics Bhd Debt-to-Equity Related Terms
Industronics Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Industronics 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:9393 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Industronics 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.
Industronics Bhd Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Industronics Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Industronics 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.
Industronics Bhd (XKLS:9393) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Industronics Bhd and its competitors. This is near median its historical median of 0.03. According to the industry distribution chart, Industronics Bhd ranks #240 out of 2233 companies in the Hardware industry, placing it in the top 10.7%.
Is Industronics Bhd's Debt-to-Equity too high?
Industronics Bhd's current Debt-to-Equity of 0.03 is near median its 10-year median of 0.03. The Hardware industry median Debt-to-Equity is 0.28. Industronics Bhd's value of 0.03 is 89.3% below this industry median. Based on the distribution chart, Industronics Bhd ranks #240 out of 2233 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers.
How does Industronics Bhd's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Industronics Bhd ranks #240 out of 2233 companies for Debt-to-Equity. This places Industronics Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Industronics Bhd's value of 0.03 is 89.3% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 0.28, Industronics 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,233 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. Industronics Bhd's current Debt-to-Equity of 0.03 is 89.3% 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 Industronics Bhd and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industronics Bhd's current Debt-to-Equity is 0.03, which is near median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industronics Bhd stock overvalued right now?
Based on GuruFocus' analysis, Industronics Bhd (XKLS:9393) is currently considered Fairly Valued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.03 — trading right at its estimated fair value. The current Debt-to-Equity is 0.03, which is near median its 10-year median of 0.03 and 89.3% below the Hardware industry median of 0.28. 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 Industronics Bhd (XKLS:9393), the current Debt-to-Equity is 0.03 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.
AddressNo.18, Jalan Persiaran Barat, Unit No. EL-11-01, Amcorp Business Suite, Menara Melawangi, Pusat Perdagangan Amcorp, Petaling Jaya, SGR, MYS, 46050
Industronics Bhd is engaged in design and manufacturing of electronic products. The operating segment of the company are Electronics and system integration; Security systems, mechanical and electrical engineering; and Trading and services operations and Food and beverage. Its revenue generating segment Trading & services involves in trading of precision instruments (watches), provision of cloud service and general trading, maintenance, and supply of industrial electronic equipment. Intelligent transportation system and system integration projects involving Information Communication Technology, supply and service of telecommunication equipment, audio visual multimedia systems. Geographically, the company mainly operates in Malaysia and Hong Kong.
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