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NetX Holdings BhdXKLS:0020 Equity-to-Asset is 0.71 as of May. 2026, which is 20% below its 10-year median of 0.89. The stock has 3 warning signs investors should review. Among 2,894 Software companies, NetX Holdings Bhd ranks better than 74.08% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NetX Holdings Bhd's Total Stockholders Equity for the quarter that ended in May. 2026 was RM70.33 Mil. NetX Holdings Bhd's Total Assets for the quarter that ended in May. 2026 was RM97.43 Mil.
Therefore, NetX Holdings Bhd's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.71.
The historical rank and industry rank for NetX Holdings Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:0020'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69 Med: 0.89 Max: 1
Current: 0.72
During the past 13 years, the highest Equity to Asset Ratio of NetX Holdings Bhd was 1.00. The lowest was 0.69. And the median was 0.89.
XKLS:0020's Equity-to-Asset is ranked better than 74.08% of 2894
companies
in the Software industry
Industry Median: 0.55
vs XKLS:0020: 0.72
NetX Holdings Bhd (XKLS:0020) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
NetX Holdings Bhd Equity-to-Asset Related Terms
NetX Holdings Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for NetX Holdings Bhd's Equity-to-Asset 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:0020 vs IBM, ACN, CTSH: Equity-to-Asset Comparison
For the Information Technology Services subindustry, NetX Holdings Bhd's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
NetX Holdings Bhd Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, NetX Holdings Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where NetX Holdings Bhd's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
NetX Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Nov. 2025 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.
NetX Holdings Bhd (XKLS:0020) has a Equity-to-Asset of 0.71 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NetX Holdings Bhd and its competitors. This is 20% below median its historical median of 0.89. Over the past decade, NetX Holdings Bhd's Equity-to-Asset has ranged from 0.69 to 1.00. According to the industry distribution chart, NetX Holdings Bhd ranks #750 out of 2894 companies in the Software industry, placing it in the top 25.9%.
Is NetX Holdings Bhd's Equity-to-Asset too high?
NetX Holdings Bhd's current Equity-to-Asset of 0.71 is 20% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.00. The Software industry median Equity-to-Asset is 0.55. NetX Holdings Bhd's value of 0.71 is 29.1% above this industry median. Based on the distribution chart, NetX Holdings Bhd ranks #750 out of 2894 companies in the Software industry, which is above the industry midpoint.
How does NetX Holdings Bhd's Equity-to-Asset compare to IBM and ACN?
According to the Software industry distribution chart, NetX Holdings Bhd ranks #750 out of 2894 companies for Equity-to-Asset. This puts NetX Holdings Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.55. NetX Holdings Bhd's value of 0.71 is 29.1% above this benchmark. Historically, NetX Holdings Bhd's own Equity-to-Asset has ranged from 0.69 to 1.00 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.55, NetX Holdings 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 Equity-to-Asset for a Software company?
The median Equity-to-Asset among Software companies is 0.55, based on 2,894 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetX Holdings Bhd's current Equity-to-Asset of 0.71 is 29.1% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NetX Holdings Bhd and its competitors. For the Software industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetX Holdings Bhd's current Equity-to-Asset is 0.71, which is 20% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetX Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, NetX Holdings Bhd (XKLS:0020) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.05 — trading 25% above its estimated fair value. The current Equity-to-Asset is 0.71, which is 20% below median its 10-year median of 0.89 and 29.1% above the Software industry median of 0.55. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For NetX Holdings Bhd (XKLS:0020), the current Equity-to-Asset is 0.71 as of May. 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.
NetX Holdings Bhd is an investment holding company. The Group operates in five different business segments according to the nature of activities of its subsidiaries, namely Nonpayment & IT Network services, Electronic Payment services, GEM, Money Lending, and Property Investment. The majority of its revenue is from Electronic Payment services: Involved in the provision of payment terminal and payment solutions, money exchange services, and its related software licensing and services. Geographically, operates in Malaysia and Hong Kong.
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