Tropicana Bhd (XKLS:5401) Equity-to-Asset: 0.41 (As of Jun. 2026) — Near Median

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XKLS:5401 Tropicana Corp Bhd XKLS:5401
58 GF Score
Price RM1.18
GF Value RM1.84
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Tropicana Bhd Equity-to-Asset?

Tropicana Bhd XKLS:5401 +0.85% 58 Equity-to-Asset is 0.41 as of Jun. 2026, which is 2% below its 10-year median of 0.42. GuruFocus rates XKLS:5401 with a GF Score™ of 58/100 and a GF Value™ of RM1.84 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,801 Real Estate companies, Tropicana Bhd ranks worse than 55.52% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tropicana Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM4,293 Mil. Tropicana Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM10,603 Mil. Therefore, Tropicana Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.41.

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

XKLS:5401' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.42   Max: 0.45
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Tropicana Bhd was 0.45. The lowest was 0.39. And the median was 0.42.

XKLS:5401's Equity-to-Asset is ranked worse than
55.52% of 1801 companies
in the Real Estate industry
Industry Median: 0.44 vs XKLS:5401: 0.41

Tropicana Bhd  (XKLS:5401) 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%.


Tropicana Bhd Equity-to-Asset Related Terms


Tropicana Bhd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Tropicana 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.

Tropicana Bhd Equity-to-Asset Chart

Tropicana 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 0.42 0.40 0.41 0.44 0.41

Tropicana 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 0.43 0.42 0.41 0.39 0.41

Tropicana Bhd Equity-to-Asset Competitor Comparison

For the Real Estate - Development subindustry, Tropicana 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.


Tropicana Bhd Equity-to-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tropicana Bhd's Equity-to-Asset distribution charts can be found below:

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


XKLS:5401
58GF Score
Tropicana Corp Bhd XKLS:5401
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tropicana 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.

Tropicana 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
=4432.558/10718.265
=0.41

Tropicana 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
=4293.454/10603.255
=0.40

* 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 0.41 mean?
Tropicana Bhd (XKLS:5401) has a Equity-to-Asset of 0.41 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tropicana Bhd and its competitors. This is near median its historical median of 0.42. Over the past decade, Tropicana Bhd's Equity-to-Asset has ranged from 0.39 to 0.45. According to the industry distribution chart, Tropicana Bhd ranks #1000 out of 1801 companies in the Real Estate industry, placing it in the top 55.5%.
Is Tropicana Bhd's Equity-to-Asset too high?
Tropicana Bhd's current Equity-to-Asset of 0.41 is near median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.45. The Real Estate industry median Equity-to-Asset is 0.44. Tropicana Bhd's value of 0.41 is 6.8% below this industry median. Based on the distribution chart, Tropicana Bhd ranks #1000 out of 1801 companies in the Real Estate industry, which is below the industry midpoint. Overall, Tropicana Bhd has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tropicana Bhd's Equity-to-Asset compare to competitors?
According to the Real Estate industry distribution chart, Tropicana Bhd ranks #1000 out of 1801 companies for Equity-to-Asset. This places Tropicana Bhd in the lower half of its industry. The industry median Equity-to-Asset is 0.44. Tropicana Bhd's value of 0.41 is 6.8% below this benchmark. Historically, Tropicana Bhd's own Equity-to-Asset has ranged from 0.39 to 0.45 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.44, Tropicana 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 Real Estate company?
The median Equity-to-Asset among Real Estate companies is 0.44, based on 1,801 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. Tropicana Bhd's current Equity-to-Asset of 0.41 is 6.8% 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 Tropicana Bhd and its competitors. For the Real Estate industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tropicana Bhd's current Equity-to-Asset is 0.41, which is near median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tropicana Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tropicana Bhd (XKLS:5401) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.84, compared to a current price of RM1.18 — trading 35.9% below its estimated fair value. The current Equity-to-Asset is 0.41, which is near median its 10-year median of 0.42 and 6.8% below the Real Estate industry median of 0.44. Tropicana Bhd's overall GF Score™ is 58/100 with 5 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 Tropicana Bhd (XKLS:5401), the current Equity-to-Asset is 0.41 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 Tropicana Bhd (XKLS:5401) Overvalued in 2026?

Based on GuruFocus' analysis, Tropicana Bhd stock appears to be undervalued. The current stock price of RM1.18 is trading 35.9% below its estimated GF Value™ of RM1.84. GuruFocus considers Tropicana Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5401:

  • Equity-to-Asset: 0.41 (near median its 10-year median of 0.42)
  • GF Value™: RM1.84 vs. price of RM1.18 (35.9% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 6.8% below the Real Estate median (#1000 of 1801)

No single metric tells the full story. See the XKLS:5401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tropicana Bhd Business Description

Address No. 2A, Persiaran Surian, Unit 1301, Level 13, Tropicana Gardens Office Tower, Tropicana Indah, Petaling Jaya, SGR, MYS, 47810
Tropicana Corp Bhd has diversified business interests including Property Development & Property Management, Property Investment, Recreation & Resorts, Investment Holdings, and more. The company is organized into three segments - Property development and property management involved in the development of residential and commercial properties; Property investment, recreation, and resort involved in the management and operation of hotels, resorts, golf courses, clubhouse, and investments in commercial and other properties and Investment holding and others that provide landscape services, management and operation of private school services and other operations. Maximum revenue is generated by the property development and property management segment.
58GF Score

Get the complete analysis for XKLS:5401

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

RM1.18
Price
RM1.84
GF Value