Ray Go Solar Holdings Bhd (XKLS:03052) LT-Debt-to-Total-Asset: 0.27 (As of Apr. 2026)

What is Ray Go Solar Holdings Bhd LT-Debt-to-Total-Asset?

Ray Go Solar Holdings Bhd XKLS:03052 43 LT-Debt-to-Total-Asset is 0.27 as of Apr. 2026. GuruFocus rates XKLS:03052 with a GF Score™ of 43/100 and a GF Value™ of RM0.24. The stock has 7 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Ray Go Solar Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Apr. 2026 was 0.27.

Ray Go Solar Holdings Bhd's long-term debt to total assets ratio increased from Apr. 2025 (0.24) to Apr. 2026 (0.27). It may suggest that Ray Go Solar Holdings Bhd is progressively becoming more dependent on debt to grow their business.

Ray Go Solar Holdings Bhd (XKLS:03052) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Ray Go Solar Holdings Bhd LT-Debt-to-Total-Asset Related Terms

Ray Go Solar Holdings Bhd LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Ray Go Solar Holdings Bhd's LT-Debt-to-Total-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.

Ray Go Solar Holdings Bhd LT-Debt-to-Total-Asset Chart

Ray Go Solar Holdings Bhd Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Oct25

LT-Debt-to-Total-Asset

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0.00

0.27

0.25

0.19

0.16

Ray Go Solar Holdings Bhd Semi-Annual Data
	Oct19	Oct20	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24	Apr25	Oct25	Apr26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.23	0.19	0.24	0.16	0.27

43GF Score

Ray Go Solar Holdings Bhd XKLS:03052

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

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Ray Go Solar Holdings Bhd LT-Debt-to-Total-Asset Calculation

Ray Go Solar Holdings Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2025 is calculated as

LT Debt to Total Assets (A: Oct. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2025 )	/	Total Assets (A: Oct. 2025 )
	=	4.963	/	30.476
	=	0.16

Ray Go Solar Holdings Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

LT Debt to Total Assets (Q: Apr. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2026 )	/	Total Assets (Q: Apr. 2026 )
	=	6.277	/	23.096
	=	0.27

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.27 mean?

Ray Go Solar Holdings Bhd (XKLS:03052) has a LT-Debt-to-Total-Asset of 0.27 as of Apr. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ray Go Solar Holdings Bhd and its competitors.

Is Ray Go Solar Holdings Bhd's LT-Debt-to-Total-Asset too high?

Ray Go Solar Holdings Bhd's current LT-Debt-to-Total-Asset is 0.27. Overall, Ray Go Solar Holdings Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.

How does Ray Go Solar Holdings Bhd's LT-Debt-to-Total-Asset compare to FSLR and NXT?

Ray Go Solar Holdings Bhd's LT-Debt-to-Total-Asset of 0.27 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Semiconductors company?

A good LT-Debt-to-Total-Asset depends on the Semiconductors industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ray Go Solar Holdings Bhd and its competitors. Ray Go Solar Holdings Bhd's current LT-Debt-to-Total-Asset is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ray Go Solar Holdings Bhd stock overvalued right now?

Ray Go Solar Holdings Bhd (XKLS:03052) has a current LT-Debt-to-Total-Asset of 0.27. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.27. Ray Go Solar Holdings Bhd's overall GF Score™ is 43/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Ray Go Solar Holdings Bhd (XKLS:03052), the current LT-Debt-to-Total-Asset is 0.27 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 Ray Go Solar Holdings Bhd (XKLS:03052) Overvalued in 2026?

Based on GuruFocus' analysis, Ray Go Solar Holdings Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24.

Key valuation signals for XKLS:03052:

LT-Debt-to-Total-Asset: 0.27
GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
GF Score™: 43/100 with 7 warning signs

No single metric tells the full story. See the XKLS:03052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ray Go Solar Holdings Bhd Business Description

Industry Technology Semiconductors

Comparable Companies XKLS:0118 XKLS:0373 XKLS:0340 FSLR NXT SHSE:600438 SHSE:688223 NSE:WAAREEENER SHSE:688472 SHSE:688599 XKRX:009830 ENPH SZSE:002459 HKSE:06865 HKSE:03800 RUN SHSE:600732 HKSE:00968 NSE:PREMIERENE SZSE:002506

Address No. 44, Jalan Serendah 26/39, Hicom Industrial Estate, Shah Alam, SGR, MYS, 40400

Website https://www.raygosolar.com

Ray Go Solar Holdings Bhd is a solar engineering procurement construction (EPC) company providing integrated solar services throughout the entire process of installing a photovoltaic (PV) system. Its business segments include Sales of energy generated from solar projects; and Engineering, Procurement, Construction, and Commissions (EPCC) in solar projects; and operations and maintenance for solar projects. Maximum revenue for the company is derived from its EPCC segment. Geographically, it operates only in Malaysia.

43GF Score

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

RM0.17

Price

RM0.24

GF Value

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