Golden Harvest Agro Industries (DHA:GHAIL) Debt-to-EBITDA : 16.27 (As of Mar. 2026) — 105% Above Median

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DHA:GHAIL Golden Harvest Agro Industries Ltd DHA:GHAIL
76 GF Score
Price BDT16.20
GF Value BDT14.47
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Golden Harvest Agro Industries Debt-to-EBITDA?

Golden Harvest Agro Industries DHA:GHAIL -2.41% 76 Debt-to-EBITDA is 16.27 as of Mar. 2026, which is 105% above its 10-year median of 7.94. GuruFocus rates DHA:GHAIL with a GF Score™ of 76/100 and a GF Value™ of BDT14.47 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,554 Consumer Packaged Goods companies, Golden Harvest Agro Industries ranks worse than 96.01% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Golden Harvest Agro Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was BDT1,144.0 Mil. Golden Harvest Agro Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was BDT1,572.2 Mil. Golden Harvest Agro Industries's annualized EBITDA for the quarter that ended in Mar. 2026 was BDT167.0 Mil. Golden Harvest Agro Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 16.27.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Golden Harvest Agro Industries's Debt-to-EBITDA or its related term are showing as below:

DHA:GHAIL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.96   Med: 7.94   Max: 132.81
Current: 18.16

During the past 12 years, the highest Debt-to-EBITDA Ratio of Golden Harvest Agro Industries was 132.81. The lowest was 3.96. And the median was 7.94.

DHA:GHAIL's Debt-to-EBITDA is ranked worse than
96.01% of 1554 companies
in the Consumer Packaged Goods industry
Industry Median: 2.075 vs DHA:GHAIL: 18.16

Golden Harvest Agro Industries  (DHA:GHAIL) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Golden Harvest Agro Industries Debt-to-EBITDA Related Terms


Golden Harvest Agro Industries Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Golden Harvest Agro Industries's Debt-to-EBITDA 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.

Golden Harvest Agro Industries Debt-to-EBITDA Chart

Golden Harvest Agro Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.09 11.27 9.06 132.81 22.23

Golden Harvest Agro Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 12.47 12.07 17.16 38.22 16.27

DHA:GHAIL vs KHC, GIS, HRL: Debt-to-EBITDA Comparison

For the Packaged Foods subindustry, Golden Harvest Agro Industries's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Golden Harvest Agro Industries Debt-to-EBITDA vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Harvest Agro Industries's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Golden Harvest Agro Industries's Debt-to-EBITDA falls into.


DHA:GHAIL
76GF Score
Golden Harvest Agro Industries Ltd DHA:GHAIL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Harvest Agro Industries Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Golden Harvest Agro Industries's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1089.498 + 1446.346) / 114.076
=22.23

Golden Harvest Agro Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1143.991 + 1572.164) / 166.956
=16.27

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 16.27 mean?
Golden Harvest Agro Industries (DHA:GHAIL) has a Debt-to-EBITDA of 16.27 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Golden Harvest Agro Industries. This is 105% above median its historical median of 7.94. Over the past decade, Golden Harvest Agro Industries' Debt-to-EBITDA has ranged from 3.96 to 132.81. According to the industry distribution chart, Golden Harvest Agro Industries ranks #1492 out of 1554 companies in the Consumer Packaged Goods industry, placing it in the top 96%.
Is Golden Harvest Agro Industries' Debt-to-EBITDA too high?
Golden Harvest Agro Industries' current Debt-to-EBITDA of 16.27 is 105% above median its 10-year median of 7.94. Over the past 10 years, this metric has ranged from a low of 3.96 to a high of 132.81. The Consumer Packaged Goods industry median Debt-to-EBITDA is 2.08. Golden Harvest Agro Industries' value of 16.27 is 684.1% above this industry median. Based on the distribution chart, Golden Harvest Agro Industries ranks #1492 out of 1554 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Golden Harvest Agro Industries has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golden Harvest Agro Industries' Debt-to-EBITDA compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Golden Harvest Agro Industries ranks #1492 out of 1554 companies for Debt-to-EBITDA. This places Golden Harvest Agro Industries in the lower half of its industry. The industry median Debt-to-EBITDA is 2.08. Golden Harvest Agro Industries' value of 16.27 is 684.1% above this benchmark. Historically, Golden Harvest Agro Industries' own Debt-to-EBITDA has ranged from 3.96 to 132.81 over the past decade. While the company's 10-year median is 7.94 vs. the industry median of 2.08, Golden Harvest Agro Industries 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 Debt-to-EBITDA for a Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.08, based on 1,554 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Golden Harvest Agro Industries's current Debt-to-EBITDA of 16.27 is 684.1% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Golden Harvest Agro Industries. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Harvest Agro Industries's current Debt-to-EBITDA is 16.27, which is 105% above median its own 10-year median of 7.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Harvest Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, Golden Harvest Agro Industries (DHA:GHAIL) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT14.47, compared to a current price of BDT16.20 — trading 12% above its estimated fair value. The current Debt-to-EBITDA is 16.27, which is 105% above median its 10-year median of 7.94 and 684.1% above the Consumer Packaged Goods industry median of 2.08. Golden Harvest Agro Industries' overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Golden Harvest Agro Industries (DHA:GHAIL), the current Debt-to-EBITDA is 16.27 as of Mar. 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 Golden Harvest Agro Industries (DHA:GHAIL) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Harvest Agro Industries stock appears to be overvalued. The current stock price of BDT16.20 is trading 12% above its estimated GF Value™ of BDT14.47. GuruFocus considers Golden Harvest Agro Industries to be Modestly Overvalued.

Key valuation signals for DHA:GHAIL:

  • Debt-to-EBITDA: 16.27 (105% above median its 10-year median of 7.94)
  • GF Value™: BDT14.47 vs. price of BDT16.20 (12% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 684.1% above the Consumer Packaged Goods median (#1492 of 1554)

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


Golden Harvest Agro Industries Business Description

Address 186, Gulshan -Tejgaon Link Road, S/501 & 502, Shanta Western Tower, Level-5, Tejgoan Industrial Area, Dhaka, BGD, 1208
Golden Harvest Agro Industries Ltd engages in owning and controlling a frozen food processing plant. The company offers frozen food products, including vegetables, ready-to-eat foods, finger foods, and other products, as well as ice cream and milk. It is also involved in vegetable processing activities. The company's business activities include growing, procuring, purchasing, processing, packaging, warehousing, transporting, exporting, importing, distributing, and selling its products. The company operates in two segments: frozen snacks and dairy, with the majority of its revenue derived from the frozen snacks segment.
76GF Score

Get the complete analysis for DHA:GHAIL

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

BDT16.20
Price
BDT14.47
GF Value