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TAS Offshore BhdXKLS:5149 -1.14%56 Equity-to-Asset is 0.73 as of May. 2026, which is 35% above its 10-year median of 0.54. GuruFocus rates XKLS:5149 with a GF Score™ of 56/100 and a GF Value™ of RM0.87 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 361 Aerospace & Defense companies, TAS Offshore Bhd ranks better than 77.84% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TAS Offshore Bhd's Total Stockholders Equity for the quarter that ended in May. 2026 was RM134.3 Mil. TAS Offshore Bhd's Total Assets for the quarter that ended in May. 2026 was RM184.0 Mil.
Therefore, TAS Offshore Bhd's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.73.
The historical rank and industry rank for TAS Offshore Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:5149'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.54 Max: 0.8
Current: 0.73
During the past 13 years, the highest Equity to Asset Ratio of TAS Offshore Bhd was 0.80. The lowest was 0.18. And the median was 0.54.
XKLS:5149's Equity-to-Asset is ranked better than 77.84% of 361
companies
in the Aerospace & Defense industry
Industry Median: 0.51
vs XKLS:5149: 0.73
TAS Offshore Bhd (XKLS:5149) 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%.
TAS Offshore Bhd Equity-to-Asset Related Terms
TAS Offshore Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for TAS Offshore 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:5149 vs SPCX, GE, RTX: Equity-to-Asset Comparison
For the Aerospace & Defense subindustry, TAS Offshore 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.
TAS Offshore Bhd Equity-to-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, TAS Offshore Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where TAS Offshore 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.
TAS Offshore Bhd's Equity to Asset Ratio for the fiscal year that ended in May. 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.
TAS Offshore Bhd (XKLS:5149) has a Equity-to-Asset of 0.73 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TAS Offshore Bhd and its competitors. This is 35% above median its historical median of 0.54. Over the past decade, TAS Offshore Bhd's Equity-to-Asset has ranged from 0.18 to 0.80. According to the industry distribution chart, TAS Offshore Bhd ranks #80 out of 361 companies in the Aerospace & Defense industry, placing it in the top 22.2%.
Is TAS Offshore Bhd's Equity-to-Asset too high?
TAS Offshore Bhd's current Equity-to-Asset of 0.73 is 35% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.80. The Aerospace & Defense industry median Equity-to-Asset is 0.51. TAS Offshore Bhd's value of 0.73 is 43.1% above this industry median. Based on the distribution chart, TAS Offshore Bhd ranks #80 out of 361 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, TAS Offshore Bhd has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAS Offshore Bhd's Equity-to-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, TAS Offshore Bhd ranks #80 out of 361 companies for Equity-to-Asset. This places TAS Offshore Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.51. TAS Offshore Bhd's value of 0.73 is 43.1% above this benchmark. Historically, TAS Offshore Bhd's own Equity-to-Asset has ranged from 0.18 to 0.80 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.51, TAS Offshore 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 an Aerospace & Defense company?
The median Equity-to-Asset among Aerospace & Defense companies is 0.51, based on 361 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. TAS Offshore Bhd's current Equity-to-Asset of 0.73 is 43.1% 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 TAS Offshore Bhd and its competitors. For the Aerospace & Defense industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAS Offshore Bhd's current Equity-to-Asset is 0.73, which is 35% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAS Offshore Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAS Offshore Bhd (XKLS:5149) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.87, compared to a current price of RM0.44 — trading 50% below its estimated fair value. The current Equity-to-Asset is 0.73, which is 35% above median its 10-year median of 0.54 and 43.1% above the Aerospace & Defense industry median of 0.51. TAS Offshore Bhd's overall GF Score™ is 56/100 with 2 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 TAS Offshore Bhd (XKLS:5149), the current Equity-to-Asset is 0.73 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.
Is TAS Offshore Bhd (XKLS:5149) Overvalued in 2026?
Based on GuruFocus' analysis, TAS Offshore Bhd stock appears to be undervalued.
The current stock price of RM0.44 is trading 50% below its estimated GF Value™ of RM0.87.
GuruFocus considers TAS Offshore Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:5149:
Equity-to-Asset: 0.73 (35% above median its 10-year median of 0.54)
GF Value™: RM0.87 vs. price of RM0.44 (50% below fair value)
Industry Position: 43.1% above the Aerospace & Defense median (#80 of 361)
No single metric tells the full story. See the XKLS:5149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TAS Offshore Bhd is an investment holding company engaged in shipbuilding and ship repairing activities across Malaysia, Singapore, and Indonesia. Its shipbuilding operations include constructing vessels such as tugboats, anchor handling tugs, anchor handling tug supply vessels, utility vessels, workboats, ferries, and cargo ships. The company also provides ship repair services, including routine maintenance, machinery inspection, repainting, and damage repair. Additionally, TAS Offshore offers vessel chartering services. It generates revenue through contracting shipbuilding, repair projects, and vessel leasing, serving clients in the marine and offshore industries.
56GF Score
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