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Carlo Rino Group BhdXKLS:0335 +2.94%60 Equity-to-Asset is 0.84 as of Mar. 2026, which is 15% above its 10-year median of 0.73. GuruFocus rates XKLS:0335 with a GF Score™ of 60/100 and a GF Value™ of RM0.27 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,071 Manufacturing - Apparel & Accessories companies, Carlo Rino Group Bhd ranks better than 89.45% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Carlo Rino Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM160.33 Mil. Carlo Rino Group Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM190.12 Mil.
Therefore, Carlo Rino Group Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.84.
The historical rank and industry rank for Carlo Rino Group Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:0335'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63 Med: 0.73 Max: 0.84
Current: 0.84
During the past 10 years, the highest Equity to Asset Ratio of Carlo Rino Group Bhd was 0.84. The lowest was 0.63. And the median was 0.73.
XKLS:0335's Equity-to-Asset is ranked better than 89.45% of 1071
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.55
vs XKLS:0335: 0.84
Carlo Rino Group Bhd (XKLS:0335) 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%.
Carlo Rino Group Bhd Equity-to-Asset Related Terms
Carlo Rino Group Bhd Equity-to-Asset Historical Data
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The historical data trend for Carlo Rino Group 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:0335 vs NKE, DECK, ONON: Equity-to-Asset Comparison
For the Footwear & Accessories subindustry, Carlo Rino Group 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.
Carlo Rino Group Bhd Equity-to-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carlo Rino Group Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Carlo Rino Group 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.
Carlo Rino Group Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
Carlo Rino Group Bhd (XKLS:0335) has a Equity-to-Asset of 0.84 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Carlo Rino Group Bhd and its competitors. This is 15% above median its historical median of 0.73. Over the past decade, Carlo Rino Group Bhd's Equity-to-Asset has ranged from 0.63 to 0.84. According to the industry distribution chart, Carlo Rino Group Bhd ranks #113 out of 1071 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 10.6%.
Is Carlo Rino Group Bhd's Equity-to-Asset too high?
Carlo Rino Group Bhd's current Equity-to-Asset of 0.84 is 15% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 0.84. The Manufacturing - Apparel & Accessories industry median Equity-to-Asset is 0.55. Carlo Rino Group Bhd's value of 0.84 is 52.7% above this industry median. Based on the distribution chart, Carlo Rino Group Bhd ranks #113 out of 1071 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Carlo Rino Group Bhd has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlo Rino Group Bhd's Equity-to-Asset compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Carlo Rino Group Bhd ranks #113 out of 1071 companies for Equity-to-Asset. This places Carlo Rino Group Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.55. Carlo Rino Group Bhd's value of 0.84 is 52.7% above this benchmark. Historically, Carlo Rino Group Bhd's own Equity-to-Asset has ranged from 0.63 to 0.84 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.55, Carlo Rino Group 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 Manufacturing - Apparel & Accessories company?
The median Equity-to-Asset among Manufacturing - Apparel & Accessories companies is 0.55, based on 1,071 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. Carlo Rino Group Bhd's current Equity-to-Asset of 0.84 is 52.7% 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 Carlo Rino Group Bhd and its competitors. For the Manufacturing - Apparel & Accessories 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. Carlo Rino Group Bhd's current Equity-to-Asset is 0.84, which is 15% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlo Rino Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Carlo Rino Group Bhd (XKLS:0335) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.27, compared to a current price of RM0.18 — trading 35.2% below its estimated fair value. The current Equity-to-Asset is 0.84, which is 15% above median its 10-year median of 0.73 and 52.7% above the Manufacturing - Apparel & Accessories industry median of 0.55. Carlo Rino Group Bhd's overall GF Score™ is 60/100 with 4 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 Carlo Rino Group Bhd (XKLS:0335), the current Equity-to-Asset is 0.84 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 Carlo Rino Group Bhd (XKLS:0335) Overvalued in 2026?
Based on GuruFocus' analysis, Carlo Rino Group Bhd stock appears to be undervalued.
The current stock price of RM0.18 is trading 35.2% below its estimated GF Value™ of RM0.27.
GuruFocus considers Carlo Rino Group Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0335:
Equity-to-Asset: 0.84 (15% above median its 10-year median of 0.73)
GF Value™: RM0.27 vs. price of RM0.18 (35.2% below fair value)
Industry Position: 52.7% above the Manufacturing - Apparel & Accessories median (#113 of 1071)
No single metric tells the full story. See the XKLS:0335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carlo Rino Group Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the business of designing, promoting, marketing, distributing, and retailing women's handbags, footwear, and accessories. Its product portfolio comprises sunglasses, perfumes, wallets, shoes, bags, keychains, hats, and other accessories, which are marketed under the Carlo Rino brand. The group is also involved in property development and property investment; investment holdings of securities; and provision of management services. Its reportable segments are: Retailing, which derives maximum revenue, and Investment and management services. The business activities of the group are predominantly located in Malaysia.
60GF Score
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