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Kioxia HoldingsKXIAY -10.10%18 Debt-to-EBITDA is 0.81 as of Mar. 2026, which is 64% below its 10-year median of 2.22. GuruFocus rates KXIAY with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 722 Semiconductors companies, Kioxia Holdings ranks better than 56.23% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Kioxia Holdings's Debt-to-EBITDA or its related term are showing as below:
KXIAY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.05 Med: 2.22 Max: 7.34
Current: 1.05
During the past 5 years, the highest Debt-to-EBITDA Ratio of Kioxia Holdings was 7.34. The lowest was 1.05. And the median was 2.22.
KXIAY's Debt-to-EBITDA is ranked better than 56.23% of 722
companies
in the Semiconductors industry
Industry Median: 1.425
vs KXIAY: 1.05
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.
Kioxia Holdings Debt-to-EBITDA Related Terms
Kioxia Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Kioxia Holdings'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.
KXIAY vs NVDA, AVGO, MU: Debt-to-EBITDA Comparison
For the Semiconductors subindustry, Kioxia Holdings'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.
Kioxia Holdings Debt-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Kioxia Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Kioxia Holdings's Debt-to-EBITDA falls into.
* 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.
Kioxia Holdings (KXIAY) has a Debt-to-EBITDA of 0.81 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 Kioxia Holdings. This is 64% below median its historical median of 2.22. Over the past decade, Kioxia Holdings' Debt-to-EBITDA has ranged from 1.05 to 7.34. According to the industry distribution chart, Kioxia Holdings ranks #316 out of 722 companies in the Semiconductors industry, placing it in the top 43.8%.
Is Kioxia Holdings' Debt-to-EBITDA too high?
Kioxia Holdings' current Debt-to-EBITDA of 0.81 is 64% below median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 7.34. The Semiconductors industry median Debt-to-EBITDA is 1.43. Kioxia Holdings' value of 0.81 is 43.2% below this industry median. Based on the distribution chart, Kioxia Holdings ranks #316 out of 722 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Kioxia Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Kioxia Holdings' Debt-to-EBITDA compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Kioxia Holdings ranks #316 out of 722 companies for Debt-to-EBITDA. This puts Kioxia Holdings in the upper half of its industry. The industry median Debt-to-EBITDA is 1.43. Kioxia Holdings' value of 0.81 is 43.2% below this benchmark. Historically, Kioxia Holdings' own Debt-to-EBITDA has ranged from 1.05 to 7.34 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 1.43, Kioxia Holdings has consistently been below 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.43, based on 722 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. Kioxia Holdings's current Debt-to-EBITDA of 0.81 is 43.2% below 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 Kioxia Holdings. For the Semiconductors industry, the median Debt-to-EBITDA is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kioxia Holdings's current Debt-to-EBITDA is 0.81, which is 64% below median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kioxia Holdings stock overvalued right now?
Kioxia Holdings (KXIAY) has a current Debt-to-EBITDA of 0.81. The current Debt-to-EBITDA is 0.81, which is 64% below median its 10-year median of 2.22 and 43.2% below the Semiconductors industry median of 1.43. Kioxia Holdings' overall GF Score™ is 18/100 with 2 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 Kioxia Holdings (KXIAY), the current Debt-to-EBITDA is 0.81 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.
Kioxia Holdings is a Japan-based semiconductor memory manufacturer focusing on NAND memory chips. The company is currently the third-largest NAND supplier globally, with a 14% market share as of 2024. The largest single shareholder of Kioxia is currently Toshiba, which had a 21.9% stake as of November 2025. Kioxia operates nine fabs across Japan: seven in Yokkaichi and two in Kitakami. They are mostly run via a joint venture with Sandisk, Flash Ventures. Flash Ventures is 51% owned by Kioxia. The company's memory chips are used in various consumer electronics and enterprise infrastructure, such as PCs, smartphones, servers, and USB sticks. Of Kioxia's revenue, 51% comes from the sales of NAND memory used in solid-state drives, which are used in PCs and servers.
18GF Score
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