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Techbase Industries BhdXKLS:8966 -8.33% Equity-to-Asset is 0.80 as of Apr. 2026, which is 16% above its 10-year median of 0.69. The stock has 3 warning signs investors should review. Among 1,071 Manufacturing - Apparel & Accessories companies, Techbase Industries Bhd ranks better than 77.22% on this metric.
The historical rank and industry rank for Techbase Industries Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:8966'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55 Med: 0.69 Max: 0.79
Current: 0.74
During the past 13 years, the highest Equity to Asset Ratio of Techbase Industries Bhd was 0.79. The lowest was 0.55. And the median was 0.69.
XKLS:8966's Equity-to-Asset is ranked better than 77.22% of 1071
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.55
vs XKLS:8966: 0.74
Techbase Industries Bhd (XKLS:8966) 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%.
Techbase Industries Bhd Equity-to-Asset Related Terms
Techbase Industries Bhd Equity-to-Asset Historical Data
* 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:8966 vs RL, LEVI, VFC: Equity-to-Asset Comparison
For the Apparel Manufacturing subindustry, Techbase Industries 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.
Techbase Industries Bhd Equity-to-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Techbase Industries Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Techbase Industries Bhd's Equity-to-Asset falls into.
Techbase Industries 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.
Techbase Industries Bhd's Equity to Asset Ratio for the fiscal year that ended in Jul. 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.
Techbase Industries Bhd (XKLS:8966) has a Equity-to-Asset of 0.80 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Techbase Industries Bhd and its competitors. This is 16% above median its historical median of 0.69. Over the past decade, Techbase Industries Bhd's Equity-to-Asset has ranged from 0.55 to 0.79. According to the industry distribution chart, Techbase Industries Bhd ranks #244 out of 1071 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.8%.
Is Techbase Industries Bhd's Equity-to-Asset too high?
Techbase Industries Bhd's current Equity-to-Asset of 0.80 is 16% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 0.79. The Manufacturing - Apparel & Accessories industry median Equity-to-Asset is 0.55. Techbase Industries Bhd's value of 0.80 is 45.5% above this industry median. Based on the distribution chart, Techbase Industries Bhd ranks #244 out of 1071 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers.
How does Techbase Industries Bhd's Equity-to-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Techbase Industries Bhd ranks #244 out of 1071 companies for Equity-to-Asset. This places Techbase Industries Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.55. Techbase Industries Bhd's value of 0.80 is 45.5% above this benchmark. Historically, Techbase Industries Bhd's own Equity-to-Asset has ranged from 0.55 to 0.79 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.55, Techbase Industries 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. Techbase Industries Bhd's current Equity-to-Asset of 0.80 is 45.5% 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 Techbase Industries 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. Techbase Industries Bhd's current Equity-to-Asset is 0.80, which is 16% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techbase Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Techbase Industries Bhd (XKLS:8966) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.10, compared to a current price of RM0.06 — trading 40% below its estimated fair value. The current Equity-to-Asset is 0.80, which is 16% above median its 10-year median of 0.69 and 45.5% above the Manufacturing - Apparel & Accessories industry median of 0.55. 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 Techbase Industries Bhd (XKLS:8966), the current Equity-to-Asset is 0.80 as of Apr. 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.
Techbase Industries Bhd is engaged in Apparel Manufacturing and the Textile industry. Its apparel section includes products such as outerwear, tops, and bottoms, children's and adult wear. The company has four reportable operating segments: Apparel, Textile, Advertising, and Others. The majority of revenue is earned from the apparel segment.
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