TechnoDex Bhd (XKLS:0132) Equity-to-Asset: 0.43 (As of Mar. 2026) — 37% Below Median

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What is TechnoDex Bhd Equity-to-Asset?

TechnoDex Bhd XKLS:0132 -14.29% Equity-to-Asset is 0.43 as of Mar. 2026, which is 37% below its 10-year median of 0.68. The stock has 2 warning signs investors should review. Among 2,890 Software companies, TechnoDex Bhd ranks worse than 64.33% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TechnoDex Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM10.25 Mil. TechnoDex Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM23.98 Mil. Therefore, TechnoDex Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.43.

The historical rank and industry rank for TechnoDex Bhd's Equity-to-Asset or its related term are showing as below:

XKLS:0132' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.68   Max: 0.87
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of TechnoDex Bhd was 0.87. The lowest was 0.42. And the median was 0.68.

XKLS:0132's Equity-to-Asset is ranked worse than
64.33% of 2890 companies
in the Software industry
Industry Median: 0.55 vs XKLS:0132: 0.43

TechnoDex Bhd  (XKLS:0132) 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%.


TechnoDex Bhd Equity-to-Asset Related Terms


TechnoDex Bhd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for TechnoDex 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.

TechnoDex Bhd Equity-to-Asset Chart

TechnoDex Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.74 0.73 0.63 0.53

TechnoDex Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset 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 0.55 0.53 0.47 0.42 0.43

XKLS:0132 vs IBM, ACN, CTSH: Equity-to-Asset Comparison

For the Information Technology Services subindustry, TechnoDex 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.


TechnoDex Bhd Equity-to-Asset vs Software Industry

For the Software industry and Technology sector, TechnoDex Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TechnoDex Bhd's Equity-to-Asset falls into.



TechnoDex Bhd Equity-to-Asset Calculation

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.

TechnoDex Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Equity to Asset (A: Jun. 2025 )=Total Stockholders Equity/Total Assets
=12.19/23.219
=0.53

TechnoDex Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=10.248/23.983
=0.43

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.43 mean?
TechnoDex Bhd (XKLS:0132) has a Equity-to-Asset of 0.43 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TechnoDex Bhd and its competitors. This is 37% below median its historical median of 0.68. Over the past decade, TechnoDex Bhd's Equity-to-Asset has ranged from 0.42 to 0.87. According to the industry distribution chart, TechnoDex Bhd ranks #1859 out of 2890 companies in the Software industry, placing it in the top 64.3%.
Is TechnoDex Bhd's Equity-to-Asset too high?
TechnoDex Bhd's current Equity-to-Asset of 0.43 is 37% below median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.87. The Software industry median Equity-to-Asset is 0.55. TechnoDex Bhd's value of 0.43 is 21.8% below this industry median. Based on the distribution chart, TechnoDex Bhd ranks #1859 out of 2890 companies in the Software industry, which is below the industry midpoint.
How does TechnoDex Bhd's Equity-to-Asset compare to IBM and ACN?
According to the Software industry distribution chart, TechnoDex Bhd ranks #1859 out of 2890 companies for Equity-to-Asset. This places TechnoDex Bhd in the lower half of its industry. The industry median Equity-to-Asset is 0.55. TechnoDex Bhd's value of 0.43 is 21.8% below this benchmark. Historically, TechnoDex Bhd's own Equity-to-Asset has ranged from 0.42 to 0.87 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.55, TechnoDex 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 Equity-to-Asset for a Software company?
The median Equity-to-Asset among Software companies is 0.55, based on 2,890 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. TechnoDex Bhd's current Equity-to-Asset of 0.43 is 21.8% 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 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 TechnoDex 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. TechnoDex Bhd's current Equity-to-Asset is 0.43, which is 37% below median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TechnoDex Bhd stock overvalued right now?
Based on GuruFocus' analysis, TechnoDex Bhd (XKLS:0132) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.09, compared to a current price of RM0.03 — trading 66.7% below its estimated fair value. The current Equity-to-Asset is 0.43, which is 37% below median its 10-year median of 0.68 and 21.8% below 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 TechnoDex Bhd (XKLS:0132), the current Equity-to-Asset is 0.43 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.

TechnoDex Bhd Business Description

Address No. 2, Jalan Kerinchi, Unit E-07-03, Menara Suezcap 2, KL Gateway, Gerbang Kerinchi Lestari, Kuala Lumpur, MYS, 59200
TechnoDex Bhd is principally engaged in the business of investment holding and providing information technology products and related services. The company's operating segment includes Application support and services and hardware, Manpower outsourcing, E-Commerce, and Others. The company generates maximum revenue from the Application support and services and hardware segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the Philippines, Singapore, Thailand, and other Countries. Some of its services include ICT Professional Services, Big Data Solutions and Services, Payroll Processing Services, Cybersecurity Services, and others.