Kelso Technologies (TSX:KLS) Debt-to-EBITDA : -0.03 (As of Mar. 2026)

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TSX:KLS Kelso Technologies Inc TSX:KLS
28 GF Score
Price C$0.14
GF Value C$0.15
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Kelso Technologies Debt-to-EBITDA?

Kelso Technologies TSX:KLS 28 Debt-to-EBITDA is -0.03 as of Mar. 2026. GuruFocus rates TSX:KLS with a GF Score™ of 28/100 and a GF Value™ of C$0.15 (Fairly Valued). The stock has 2 warning signs investors should review. Among 869 Transportation companies, Kelso Technologies ranks worse than 115074.68% on this metric.

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

Kelso Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$0.08 Mil. Kelso Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$0.00 Mil. Kelso Technologies's annualized EBITDA for the quarter that ended in Mar. 2026 was C$-2.30 Mil. Kelso Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -0.03.

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 Kelso Technologies's Debt-to-EBITDA or its related term are showing as below:

TSX:KLS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.71   Med: 0.05   Max: 0.19
Current: -0.14

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kelso Technologies was 0.19. The lowest was -1.71. And the median was 0.05.

TSX:KLS's Debt-to-EBITDA is ranked worse than
100% of 869 companies
in the Transportation industry
Industry Median: 2.64 vs TSX:KLS: -0.14

Kelso Technologies  (TSX:KLS) 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.


Kelso Technologies Debt-to-EBITDA Related Terms


Kelso Technologies Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Kelso Technologies'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.

Kelso Technologies Debt-to-EBITDA Chart

Kelso Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 0.19 0.08 -0.17 0.17

Kelso Technologies 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 0.06 -2.96 0.15 -0.15 -0.03

TSX:KLS vs UNP, CSX, NSC: Debt-to-EBITDA Comparison

For the Railroads subindustry, Kelso Technologies'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.


Kelso Technologies Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Kelso Technologies's Debt-to-EBITDA distribution charts can be found below:

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


TSX:KLS
28GF Score
Kelso Technologies Inc TSX:KLS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kelso Technologies Debt-to-EBITDA Calculation

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

Kelso Technologies'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
=(0.079 + 0.022) / 0.61
=0.17

Kelso Technologies'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
=(0.078 + 0) / -2.304
=-0.03

* 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 -0.03 mean?
Kelso Technologies (TSX:KLS) has a Debt-to-EBITDA of -0.03 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 Kelso Technologies. According to the industry distribution chart, Kelso Technologies ranks #999999 out of 869 companies in the Transportation industry.
Is Kelso Technologies' Debt-to-EBITDA too high?
Kelso Technologies' current Debt-to-EBITDA is -0.03. Based on the distribution chart, Kelso Technologies ranks #999999 out of 869 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Kelso Technologies has a GF Score™ of 28/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kelso Technologies' Debt-to-EBITDA compare to UNP and CSX?
According to the Transportation industry distribution chart, Kelso Technologies ranks #999999 out of 869 companies for Debt-to-EBITDA. This places Kelso Technologies in the lower half of its industry. The industry median Debt-to-EBITDA is 2.64. 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 869 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 Kelso Technologies. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelso Technologies's current Debt-to-EBITDA is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelso Technologies stock overvalued right now?
Based on GuruFocus' analysis, Kelso Technologies (TSX:KLS) is currently considered Fairly Valued. The stock's GF Value™ is C$0.15, compared to a current price of C$0.14 — trading 6.7% below its estimated fair value. The current Debt-to-EBITDA is -0.03. Kelso Technologies' overall GF Score™ is 28/100 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 Kelso Technologies (TSX:KLS), the current Debt-to-EBITDA is -0.03 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 Kelso Technologies (TSX:KLS) Overvalued in 2026?

Based on GuruFocus' analysis, Kelso Technologies stock appears to be undervalued. The current stock price of C$0.14 is trading 6.7% below its estimated GF Value™ of C$0.15. GuruFocus considers Kelso Technologies to be Fairly Valued.

Key valuation signals for TSX:KLS:

  • Debt-to-EBITDA: -0.03
  • GF Value™: C$0.15 vs. price of C$0.14 (6.7% below fair value)
  • GF Score™: 28/100 with 2 warning signs

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


Kelso Technologies Business Description

Other Exchanges KIQSF:USA
Address 305 - 1979 Old Okanagan Highway, West Kelowna, BC, CAN, V4T 3A4
Kelso Technologies Inc is a railway equipment supplier that produces and sells tank car service equipment used for the safe loading, unloading, and containment of hazardous materials during transport. The firm designs, engineers, markets, produces, and distributes various fuel valves, pressure relief valves, manway securement systems, and other related products designed to reduce the risk of environmental harm due to non-accidental events in the transportation of hazardous commodities via railroad tank cars. It operates one business segment, which consists of the design, production, and distribution of various proprietary products for the rail sector. Geographically, it operates in the United States.
28GF Score

Get the complete analysis for TSX:KLS

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

C$0.14
Price
C$0.15
GF Value