SLND (Southland Holdings) Debt-to-EBITDA : -5.32 (As of Mar. 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.

SLND Southland Holdings Inc SLND
41 GF Score
Price $0.64
GF Value $2.55
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Southland Holdings Debt-to-EBITDA?

Southland Holdings SLND +2.42% 41 Debt-to-EBITDA is -5.32 as of Mar. 2026. GuruFocus rates SLND with a GF Score™ of 41/100 and a GF Value™ of $2.55 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,403 Construction companies, Southland Holdings ranks worse than 71275.77% on this metric.

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

Southland Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $62.8 Mil. Southland Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $231.3 Mil. Southland Holdings's annualized EBITDA for the quarter that ended in Mar. 2026 was $-55.3 Mil. Southland Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -5.32.

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 Southland Holdings's Debt-to-EBITDA or its related term are showing as below:

SLND' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.64   Med: 2.41   Max: 14.05
Current: -1.36

During the past 7 years, the highest Debt-to-EBITDA Ratio of Southland Holdings was 14.05. The lowest was -3.64. And the median was 2.41.

SLND's Debt-to-EBITDA is ranked worse than
100% of 1403 companies
in the Construction industry
Industry Median: 2.15 vs SLND: -1.36

Southland Holdings  (AMEX:SLND) 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.


Southland Holdings Debt-to-EBITDA Related Terms


Southland Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Southland 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.

Southland Holdings Debt-to-EBITDA Chart

Southland Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 2.52 2.30 14.05 -3.64 -1.68

Southland Holdings Quarterly Data
Dec20 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 7.06 7.04 -7.82 -0.39 -5.32

SLND vs KAZR, PMA, ONEG: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Southland 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.


Southland Holdings Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Southland Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Southland Holdings's Debt-to-EBITDA falls into.


SLND
41GF Score
Southland Holdings Inc SLND
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southland Holdings Debt-to-EBITDA Calculation

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

Southland Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(60.539 + 261.814) / -191.634
=-1.68

Southland Holdings'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
=(62.832 + 231.314) / -55.336
=-5.32

* 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 -5.32 mean?
Southland Holdings (SLND) has a Debt-to-EBITDA of -5.32 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 Southland Holdings. According to the industry distribution chart, Southland Holdings ranks #999999 out of 1403 companies in the Construction industry.
Is Southland Holdings' Debt-to-EBITDA too high?
Southland Holdings' current Debt-to-EBITDA is -5.32. Based on the distribution chart, Southland Holdings ranks #999999 out of 1403 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Southland Holdings has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Southland Holdings' Debt-to-EBITDA compare to KAZR and PMA?
According to the Construction industry distribution chart, Southland Holdings ranks #999999 out of 1403 companies for Debt-to-EBITDA. This places Southland Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.15. 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.15, based on 1,403 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. 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 Southland Holdings. For the Construction industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southland Holdings's current Debt-to-EBITDA is -5.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southland Holdings stock overvalued right now?
Based on GuruFocus' analysis, Southland Holdings (SLND) is currently considered Possible Value Trap. The stock's GF Value™ is $2.55, compared to a current price of $0.64 — trading 75.1% below its estimated fair value. The current Debt-to-EBITDA is -5.32. Southland Holdings' overall GF Score™ is 41/100 with 5 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 Southland Holdings (SLND), the current Debt-to-EBITDA is -5.32 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 Southland Holdings (SLND) Overvalued in 2026?

Based on GuruFocus' analysis, Southland Holdings stock appears to be undervalued. The current stock price of $0.64 is trading 75.1% below its estimated GF Value™ of $2.55. GuruFocus considers Southland Holdings to be Possible Value Trap.

Key valuation signals for SLND:

  • Debt-to-EBITDA: -5.32
  • GF Value™: $2.55 vs. price of $0.64 (75.1% below fair value)
  • GF Score™: 41/100 with 5 warning signs

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


Southland Holdings Business Description

Address 1100 Kubota Drive, Grapevine, TX, USA, 76051
Southland Holdings Inc is an infrastructure construction company in North America. The company's infrastructure projects range from water conveyance systems and tunnels to long-span bridges and vertical structures. The company operates in two distinct segments: Civil and Transportation. The civil segment operates throughout North America and specializes in services that include the design and construction of water pipelines, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling. The transportation segment operates throughout North America and specializes in services that include the design and construction of bridges, roadways, marine, dredging, ship terminals and piers, and specialty structures and facilities.
41GF Score

Get the complete analysis for SLND

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

$0.64
Price
$2.55
GF Value