ICT Zone Asia Bhd (XKLS:0358) Liabilities-to-Assets : 0.68 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:0358 ICT Zone Asia Bhd XKLS:0358
63 GF Score
Price RM0.26
GF Value RM0.39
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is ICT Zone Asia Bhd Liabilities-to-Assets?

ICT Zone Asia Bhd XKLS:0358 -5.45% 63 Liabilities-to-Assets is 0.68 as of Apr. 2026. GuruFocus rates XKLS:0358 with a GF Score™ of 63/100 and a GF Value™ of RM0.39 (Possible Value Trap). The stock has 7 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. ICT Zone Asia Bhd's Total Liabilities for the quarter that ended in Apr. 2026 was RM240.2 Mil. ICT Zone Asia Bhd's Total Assets for the quarter that ended in Apr. 2026 was RM352.4 Mil. Therefore, ICT Zone Asia Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2026 was 0.68.


ICT Zone Asia Bhd  (XKLS:0358) 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.


ICT Zone Asia Bhd Liabilities-to-Assets Related Terms


ICT Zone Asia Bhd Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for ICT Zone 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.

ICT Zone Asia Bhd Liabilities-to-Assets Chart

ICT Zone Asia Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Liabilities-to-Assets
Get a 7-Day Free Trial 0.47 0.51 0.59 0.68 0.70

ICT Zone Asia Bhd Quarterly Data
Jan19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 Premium Member Only Premium Member Only 0.00 0.62 0.61 0.63 0.68

XKLS:0358 vs IBM, ACN, CTSH: Liabilities-to-Assets Comparison

For the Information Technology Services subindustry, ICT Zone 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.


ICT Zone Asia Bhd Liabilities-to-Assets vs Software Industry

For the Software industry and Technology sector, ICT Zone Asia Bhd's Liabilities-to-Assets distribution charts can be found below:

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


XKLS:0358
63GF Score
ICT Zone Asia Bhd XKLS:0358
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICT Zone 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.

ICT Zone Asia Bhd's Liabilities-to-Assets Ratio for the fiscal year that ended in Jan. 2025 is calculated as:

Liabilities-to-Assets (A: Jan. 2025 )=Total Liabilities/Total Assets
=166.204/236.547
=0.70

ICT Zone Asia Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2026 is calculated as

Liabilities-to-Assets (Q: Apr. 2026 )=Total Liabilities/Total Assets
=240.222/352.384
=0.68

* 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 0.68 mean?
ICT Zone Asia Bhd (XKLS:0358) has a Liabilities-to-Assets of 0.68 as of Apr. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on ICT Zone Asia Bhd and its competitors.
Is ICT Zone Asia Bhd's Liabilities-to-Assets too high?
ICT Zone Asia Bhd's current Liabilities-to-Assets is 0.68. Overall, ICT Zone Asia Bhd has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICT Zone Asia Bhd's Liabilities-to-Assets compare to IBM and ACN?
ICT Zone Asia Bhd's Liabilities-to-Assets of 0.68 can be compared against companies in the Software 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 Software company?
A good Liabilities-to-Assets depends on the Software 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 ICT Zone Asia Bhd and its competitors. ICT Zone Asia Bhd's current Liabilities-to-Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICT Zone Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, ICT Zone Asia Bhd (XKLS:0358) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.39, compared to a current price of RM0.26 — trading 33.3% below its estimated fair value. The current Liabilities-to-Assets is 0.68. ICT Zone Asia Bhd's overall GF Score™ is 63/100 with 7 warning signs to review. 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 ICT Zone Asia Bhd (XKLS:0358), the current Liabilities-to-Assets is 0.68 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.

Is ICT Zone Asia Bhd (XKLS:0358) Overvalued in 2026?

Based on GuruFocus' analysis, ICT Zone Asia Bhd stock appears to be undervalued. The current stock price of RM0.26 is trading 33.3% below its estimated GF Value™ of RM0.39. GuruFocus considers ICT Zone Asia Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0358:

  • Liabilities-to-Assets: 0.68
  • GF Value™: RM0.39 vs. price of RM0.26 (33.3% below fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the XKLS:0358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICT Zone Asia Bhd Business Description

Address Jalan Ampang Putra, Block H, Ground Floor, Excella Business Park, Wilayah Persekutuan, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 55100
ICT Zone Asia Bhd is an investment holding company. Along with its subsidiaries, it operates in the following business segments: the Technology financing segment, which involves operating leases of ICT hardware and software; the Trading of ICT hardware and software segment includes outright sales of ICT hardware and software and disposal of ICT assets; Provision of ICT services segment is involved in providing corrective and preventative ICT maintenance services; Provision of cloud solution and services segment offers customised cloud services with architecture solution and outright sales of ICT hardware and software for cloud solution; and Others. Maximum revenue for the group is generated from the Technology financing segment. Geographically, it generates maximum revenue from Malaysia.
63GF Score

Get the complete analysis for XKLS:0358

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

RM0.26
Price
RM0.39
GF Value