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Zelan BhdXKLS:2283 -7.14% Equity-to-Asset is 0.02 as of Jun. 2026, which is 82% below its 10-year median of 0.11. The stock has 8 warning signs investors should review. Among 1,789 Construction companies, Zelan Bhd ranks worse than 98.38% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zelan Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM6.99 Mil. Zelan Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM358.54 Mil.
Therefore, Zelan Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.02.
The historical rank and industry rank for Zelan Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:2283'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.37 Med: 0.11 Max: 0.21
Current: -0.36
During the past 13 years, the highest Equity to Asset Ratio of Zelan Bhd was 0.21. The lowest was -0.37. And the median was 0.11.
XKLS:2283's Equity-to-Asset is ranked worse than 98.38% of 1789
companies
in the Construction industry
Industry Median: 0.45
vs XKLS:2283: -0.36
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%.
Zelan Bhd Equity-to-Asset Related Terms
Zelan Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Zelan 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:2283 vs PWR, FIX, EME: Equity-to-Asset Comparison
For the Engineering & Construction subindustry, Zelan 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.
Zelan Bhd Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, Zelan Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Zelan 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.
Zelan Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
Zelan Bhd (XKLS:2283) has a Equity-to-Asset of 0.02 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Zelan Bhd and its competitors. This is 82% below median its historical median of 0.11. According to the industry distribution chart, Zelan Bhd ranks #1760 out of 1789 companies in the Construction industry, placing it in the top 98.4%.
Is Zelan Bhd's Equity-to-Asset too high?
Zelan Bhd's current Equity-to-Asset of 0.02 is 82% below median its 10-year median of 0.11. The Construction industry median Equity-to-Asset is 0.45. Zelan Bhd's value of 0.02 is 95.6% below this industry median. Based on the distribution chart, Zelan Bhd ranks #1760 out of 1789 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Zelan Bhd's Equity-to-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Zelan Bhd ranks #1760 out of 1789 companies for Equity-to-Asset. This places Zelan Bhd in the lower half of its industry. The industry median Equity-to-Asset is 0.45. Zelan Bhd's value of 0.02 is 95.6% below this benchmark. While the company's 10-year median is 0.11 vs. the industry median of 0.45, Zelan 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 Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,789 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. Zelan Bhd's current Equity-to-Asset of 0.02 is 95.6% 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 Zelan Bhd and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zelan Bhd's current Equity-to-Asset is 0.02, which is 82% below median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zelan Bhd stock overvalued right now?
Based on GuruFocus' analysis, Zelan Bhd (XKLS:2283) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.07 — trading 116.7% above its estimated fair value. The current Equity-to-Asset is 0.02, which is 82% below median its 10-year median of 0.11 and 95.6% below the Construction industry median of 0.45. 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 Zelan Bhd (XKLS:2283), the current Equity-to-Asset is 0.02 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.
Zelan Bhd is a company involved in the engineering and construction business sector. The company business segments are the Engineering and Construction segment, which includes projects in Indonesia, the Middle East, and Malaysia, the Property and Development business segment, which includes rental income, car park income, and management fees; the Asset facility management business segment are asset management services provided for the concession agreement; and Investment business segment includes rental income. The majority of the revenue is derived from Asset facility management segment.
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