Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Equity-to-Asset: 0.47 (As of Jun. 2026) — 22% Below Median

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Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Founder & CEO of GuruFocus
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.

XKLS:5186 Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186
46 GF Score
Price RM0.39
GF Value RM0.37
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Malaysia Marine and Heavy Engineering Holdings Bhd Equity-to-Asset?

Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186 +6.85% 46 Equity-to-Asset is 0.47 as of Jun. 2026, which is 22% below its 10-year median of 0.60. GuruFocus rates XKLS:5186 with a GF Score™ of 46/100 and a GF Value™ of RM0.37 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,028 Oil & Gas companies, Malaysia Marine and Heavy Engineering Holdings Bhd ranks worse than 53.11% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Malaysia Marine and Heavy Engineering Holdings Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM1,565 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM3,349 Mil. Therefore, Malaysia Marine and Heavy Engineering Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.47.

The historical rank and industry rank for Malaysia Marine and Heavy Engineering Holdings Bhd's Equity-to-Asset or its related term are showing as below:

XKLS:5186' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.6   Max: 0.79
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Malaysia Marine and Heavy Engineering Holdings Bhd was 0.79. The lowest was 0.32. And the median was 0.60.

XKLS:5186's Equity-to-Asset is ranked worse than
53.11% of 1028 companies
in the Oil & Gas industry
Industry Median: 0.5 vs XKLS:5186: 0.47

Malaysia Marine and Heavy Engineering Holdings Bhd  (XKLS:5186) 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%.


Malaysia Marine and Heavy Engineering Holdings Bhd Equity-to-Asset Related Terms


Malaysia Marine and Heavy Engineering Holdings Bhd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Malaysia Marine and Heavy Engineering Holdings 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.

Malaysia Marine and Heavy Engineering Holdings Bhd Equity-to-Asset Chart

Malaysia Marine and Heavy Engineering Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.53 0.35 0.39 0.48

Malaysia Marine and Heavy Engineering Holdings Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.40 0.44 0.48 0.45 0.47

XKLS:5186 vs SLB, BKR, HAL: Equity-to-Asset Comparison

For the Oil & Gas Equipment & Services subindustry, Malaysia Marine and Heavy Engineering Holdings 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.


Malaysia Marine and Heavy Engineering Holdings Bhd Equity-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Malaysia Marine and Heavy Engineering Holdings Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Malaysia Marine and Heavy Engineering Holdings Bhd's Equity-to-Asset falls into.


XKLS:5186
46GF Score
Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malaysia Marine and Heavy Engineering Holdings 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.

Malaysia Marine and Heavy Engineering Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=1488.824/3132.947
=0.48

Malaysia Marine and Heavy Engineering Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=1564.802/3348.878
=0.47

* 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 0.47 mean?
Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) has a Equity-to-Asset of 0.47 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Malaysia Marine and Heavy Engineering Holdings Bhd and its competitors. This is 22% below median its historical median of 0.60. Over the past decade, Malaysia Marine and Heavy Engineering Holdings Bhd's Equity-to-Asset has ranged from 0.32 to 0.79. According to the industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #546 out of 1028 companies in the Oil & Gas industry, placing it in the top 53.1%.
Is Malaysia Marine and Heavy Engineering Holdings Bhd's Equity-to-Asset too high?
Malaysia Marine and Heavy Engineering Holdings Bhd's current Equity-to-Asset of 0.47 is 22% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.79. The Oil & Gas industry median Equity-to-Asset is 0.50. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 0.47 is 6% below this industry median. Based on the distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #546 out of 1028 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Malaysia Marine and Heavy Engineering Holdings Bhd has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Malaysia Marine and Heavy Engineering Holdings Bhd's Equity-to-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #546 out of 1028 companies for Equity-to-Asset. This places Malaysia Marine and Heavy Engineering Holdings Bhd in the lower half of its industry. The industry median Equity-to-Asset is 0.50. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 0.47 is 6% below this benchmark. Historically, Malaysia Marine and Heavy Engineering Holdings Bhd's own Equity-to-Asset has ranged from 0.32 to 0.79 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.50, Malaysia Marine and Heavy Engineering Holdings 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 an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.50, based on 1,028 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. Malaysia Marine and Heavy Engineering Holdings Bhd's current Equity-to-Asset of 0.47 is 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 Malaysia Marine and Heavy Engineering Holdings Bhd and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malaysia Marine and Heavy Engineering Holdings Bhd's current Equity-to-Asset is 0.47, which is 22% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysia Marine and Heavy Engineering Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) is currently considered Fairly Valued. The stock's GF Value™ is RM0.37, compared to a current price of RM0.39 — trading 5.4% above its estimated fair value. The current Equity-to-Asset is 0.47, which is 22% below median its 10-year median of 0.60 and 6% below the Oil & Gas industry median of 0.50. Malaysia Marine and Heavy Engineering Holdings Bhd's overall GF Score™ is 46/100 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186), the current Equity-to-Asset is 0.47 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Overvalued in 2026?

Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd stock appears to be overvalued. The current stock price of RM0.39 is trading 5.4% above its estimated GF Value™ of RM0.37. GuruFocus considers Malaysia Marine and Heavy Engineering Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:5186:

  • Equity-to-Asset: 0.47 (22% below median its 10-year median of 0.60)
  • GF Value™: RM0.37 vs. price of RM0.39 (5.4% above fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 6% below the Oil & Gas median (#546 of 1028)

No single metric tells the full story. See the XKLS:5186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malaysia Marine and Heavy Engineering Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Sultan Hishamuddin, Level 31, Menara Dayabumi, Kuala Lumpur, MYS, 50050
Malaysia Marine and Heavy Engineering Holdings Bhd delivers integrated solutions across offshore and onshore facilities as well as marine vessels. The company provides a comprehensive suite of marine repair, conversion and refurbishment services, with a specialized focus on LNG carrier repairs. It is also actively engaged in new and renewable energy and decarbonisation-related works, including the fabrication and construction of carbon capture facilities, offshore wind farm substations, and green hydrogen infrastructure. The company's segments include the Heavy Engineering segment, which provides services for oil and gas engineering and construction works, and the Marine segment, which provides marine conversion works and repair services.
46GF Score

Get the complete analysis for XKLS:5186

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.39
Price
RM0.37
GF Value