Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
REDtone Digital BhdXKLS:0032 +1.45%51 Equity-to-Asset is 0.67 as of Jun. 2026, which is 2% above its 10-year median of 0.66. GuruFocus rates XKLS:0032 with a GF Score™ of 51/100 and a GF Value™ of RM0.38 (Fairly Valued). The stock has 7 warning signs investors should review. Among 373 Telecommunication Services companies, REDtone Digital Bhd ranks better than 87.67% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. REDtone Digital Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM248.9 Mil. REDtone Digital Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM371.0 Mil.
Therefore, REDtone Digital Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.67.
The historical rank and industry rank for REDtone Digital Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:0032'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56 Med: 0.66 Max: 0.73
Current: 0.67
During the past 13 years, the highest Equity to Asset Ratio of REDtone Digital Bhd was 0.73. The lowest was 0.56. And the median was 0.66.
XKLS:0032's Equity-to-Asset is ranked better than 87.67% of 373
companies
in the Telecommunication Services industry
Industry Median: 0.39
vs XKLS:0032: 0.67
REDtone Digital Bhd (XKLS:0032) 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%.
REDtone Digital Bhd Equity-to-Asset Related Terms
REDtone Digital Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for REDtone Digital 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:0032 vs VZ, TMUS, T: Equity-to-Asset Comparison
For the Telecom Services subindustry, REDtone Digital 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.
REDtone Digital Bhd Equity-to-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, REDtone Digital Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where REDtone Digital 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.
REDtone Digital Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
REDtone Digital Bhd (XKLS:0032) has a Equity-to-Asset of 0.67 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on REDtone Digital Bhd and its competitors. This is near median its historical median of 0.66. Over the past decade, REDtone Digital Bhd's Equity-to-Asset has ranged from 0.56 to 0.73. According to the industry distribution chart, REDtone Digital Bhd ranks #46 out of 373 companies in the Telecommunication Services industry, placing it in the top 12.3%.
Is REDtone Digital Bhd's Equity-to-Asset too high?
REDtone Digital Bhd's current Equity-to-Asset of 0.67 is near median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 0.73. The Telecommunication Services industry median Equity-to-Asset is 0.39. REDtone Digital Bhd's value of 0.67 is 71.8% above this industry median. Based on the distribution chart, REDtone Digital Bhd ranks #46 out of 373 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, REDtone Digital Bhd has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does REDtone Digital Bhd's Equity-to-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, REDtone Digital Bhd ranks #46 out of 373 companies for Equity-to-Asset. This places REDtone Digital Bhd in the top 12% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.39. REDtone Digital Bhd's value of 0.67 is 71.8% above this benchmark. Historically, REDtone Digital Bhd's own Equity-to-Asset has ranged from 0.56 to 0.73 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.39, REDtone Digital 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 Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.39, based on 373 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. REDtone Digital Bhd's current Equity-to-Asset of 0.67 is 71.8% 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 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 REDtone Digital Bhd and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. REDtone Digital Bhd's current Equity-to-Asset is 0.67, which is near median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REDtone Digital Bhd stock overvalued right now?
Based on GuruFocus' analysis, REDtone Digital Bhd (XKLS:0032) is currently considered Fairly Valued. The stock's GF Value™ is RM0.38, compared to a current price of RM0.35 — trading 7.9% below its estimated fair value. The current Equity-to-Asset is 0.67, which is near median its 10-year median of 0.66 and 71.8% above the Telecommunication Services industry median of 0.39. REDtone Digital Bhd's overall GF Score™ is 51/100 with 7 warning signs to review. 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 REDtone Digital Bhd (XKLS:0032), the current Equity-to-Asset is 0.67 as of Jun. 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 REDtone Digital Bhd (XKLS:0032) Overvalued in 2026?
Based on GuruFocus' analysis, REDtone Digital Bhd stock appears to be undervalued.
The current stock price of RM0.35 is trading 7.9% below its estimated GF Value™ of RM0.38.
GuruFocus considers REDtone Digital Bhd to be Fairly Valued.
Key valuation signals for XKLS:0032:
Equity-to-Asset: 0.67 (near median its 10-year median of 0.66)
GF Value™: RM0.38 vs. price of RM0.35 (7.9% below fair value)
Industry Position: 71.8% above the Telecommunication Services median (#46 of 373)
No single metric tells the full story. See the XKLS:0032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
REDtone Digital Bhd is a digital infrastructure and services provider operating through three segments: Telecommunication Services, offering data, managed network services, Cloud PBX, SIP Trunking, managed cybersecurity, and Starlink satellite connectivity; Managed Telecommunications Network Services, strengthening Malaysia's digital infrastructure in underserved and rural areas, supporting initiatives like Kampung Tanpa Wayar, Time-3, and JENDELA; and Cloud, Artificial Intelligence, and Internet of Things, providing cloud-first, AI-powered, and IoT-enabled solutions including AI Agents, smart farming, and SaaS CRM platforms. The company generates majority of its revenue from the Managed Telecommunications Network Services segment and operates in Malaysia.
51GF Score
Get the complete analysis for XKLS:0032
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0032 has been successfully added to your 
