Go Innovate Asia Bhd (XKLS:03028) Liabilities-to-Assets : 0.92 (As of Jun. 2025)

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What is Go Innovate Asia Bhd Liabilities-to-Assets?

Go Innovate Asia Bhd XKLS:03028 Liabilities-to-Assets is 0.92 as of Jun. 2025. The stock has 3 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Go Innovate Asia Bhd's Total Liabilities for the quarter that ended in Jun. 2025 was RM136 Mil. Go Innovate Asia Bhd's Total Assets for the quarter that ended in Jun. 2025 was RM149 Mil. Therefore, Go Innovate Asia Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2025 was 0.92.


Go Innovate Asia Bhd  (XKLS:03028) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Go Innovate Asia Bhd Liabilities-to-Assets Related Terms


Go Innovate Asia Bhd Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Go Innovate Asia Bhd's Liabilities-to-Assets 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.

Go Innovate Asia Bhd Liabilities-to-Assets Chart

Go Innovate Asia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial 0.19 0.57 0.57 0.55 0.88

Go Innovate Asia Bhd Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Liabilities-to-Assets 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 0.59 0.55 0.76 0.88 0.92

XKLS:03028 vs MS, GS, SCHW: Liabilities-to-Assets Comparison

For the Capital Markets subindustry, Go Innovate Asia Bhd's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Go Innovate Asia Bhd Liabilities-to-Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Go Innovate Asia Bhd's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Go Innovate Asia Bhd's Liabilities-to-Assets falls into.



Go Innovate Asia Bhd Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Go Innovate Asia Bhd's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=79.979/90.462
=0.88

Go Innovate Asia Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2025 is calculated as

Liabilities-to-Assets (Q: Jun. 2025 )=Total Liabilities/Total Assets
=136.422/149.07
=0.92

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.92 mean?
Go Innovate Asia Bhd (XKLS:03028) has a Liabilities-to-Assets of 0.92 as of Jun. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Go Innovate Asia Bhd and its competitors.
Is Go Innovate Asia Bhd's Liabilities-to-Assets too high?
Go Innovate Asia Bhd's current Liabilities-to-Assets is 0.92.
How does Go Innovate Asia Bhd's Liabilities-to-Assets compare to MS and GS?
Go Innovate Asia Bhd's Liabilities-to-Assets of 0.92 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Capital Markets company?
A good Liabilities-to-Assets depends on the Capital Markets industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Go Innovate Asia Bhd and its competitors. Go Innovate Asia Bhd's current Liabilities-to-Assets is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Liabilities-to-Assets of 0.92. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Liabilities-to-Assets is 0.92. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Go Innovate Asia Bhd (XKLS:03028), the current Liabilities-to-Assets is 0.92 as of Jun. 2025. 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.

Go Innovate Asia Bhd Business Description

Address 3A-D, Jalan USJ10/1A, Subang Jaya, Kuala Lumpur, SGR, MYS, 47610
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.