Spring Art Holdings Bhd (XKLS:0216) Debt-to-EBITDA : 2.65 (As of Mar. 2026) — 268% Above Median

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What is Spring Art Holdings Bhd Debt-to-EBITDA?

Spring Art Holdings Bhd XKLS:0216 -5.56% Debt-to-EBITDA is 2.65 as of Mar. 2026, which is 268% above its 10-year median of 0.72. The stock has 3 warning signs investors should review. Among 331 Furnishings, Fixtures & Appliances companies, Spring Art Holdings Bhd ranks worse than 61.03% on this metric.

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

Spring Art Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM2.09 Mil. Spring Art Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM12.33 Mil. Spring Art Holdings Bhd's annualized EBITDA for the quarter that ended in Mar. 2026 was RM5.45 Mil. Spring Art Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.65.

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

XKLS:0216' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.34   Med: 0.72   Max: 2.72
Current: 2.72

During the past 11 years, the highest Debt-to-EBITDA Ratio of Spring Art Holdings Bhd was 2.72. The lowest was 0.34. And the median was 0.72.

XKLS:0216's Debt-to-EBITDA is ranked worse than
61.03% of 331 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.91 vs XKLS:0216: 2.72

Spring Art Holdings Bhd  (XKLS:0216) 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.


Spring Art Holdings Bhd Debt-to-EBITDA Related Terms


Spring Art Holdings Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Spring Art Holdings Bhd'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.

Spring Art Holdings Bhd Debt-to-EBITDA Chart

Spring Art Holdings Bhd 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 0.69 2.56 1.43 1.76 2.72

Spring Art Holdings Bhd 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 2.82 2.05 -11.07 1.40 2.65

XKLS:0216 vs SN, SGI, MHK: Debt-to-EBITDA Comparison

For the Furnishings, Fixtures & Appliances subindustry, Spring Art Holdings Bhd'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.


Spring Art Holdings Bhd Debt-to-EBITDA vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Spring Art Holdings Bhd's Debt-to-EBITDA distribution charts can be found below:

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



Spring Art Holdings Bhd Debt-to-EBITDA Calculation

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

Spring Art Holdings Bhd'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
=(2.106 + 12.849) / 5.491
=2.72

Spring Art Holdings Bhd'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
=(2.093 + 12.33) / 5.448
=2.65

* 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 2.65 mean?
Spring Art Holdings Bhd (XKLS:0216) has a Debt-to-EBITDA of 2.65 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 Spring Art Holdings Bhd. This is 268% above median its historical median of 0.72. Over the past decade, Spring Art Holdings Bhd's Debt-to-EBITDA has ranged from 0.34 to 2.72. According to the industry distribution chart, Spring Art Holdings Bhd ranks #202 out of 331 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 61%.
Is Spring Art Holdings Bhd's Debt-to-EBITDA too high?
Spring Art Holdings Bhd's current Debt-to-EBITDA of 2.65 is 268% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 2.72. The Furnishings, Fixtures & Appliances industry median Debt-to-EBITDA is 1.91. Spring Art Holdings Bhd's value of 2.65 is 38.7% above this industry median. Based on the distribution chart, Spring Art Holdings Bhd ranks #202 out of 331 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint.
How does Spring Art Holdings Bhd's Debt-to-EBITDA compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Spring Art Holdings Bhd ranks #202 out of 331 companies for Debt-to-EBITDA. This places Spring Art Holdings Bhd in the lower half of its industry. The industry median Debt-to-EBITDA is 1.91. Spring Art Holdings Bhd's value of 2.65 is 38.7% above this benchmark. Historically, Spring Art Holdings Bhd's own Debt-to-EBITDA has ranged from 0.34 to 2.72 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.91, Spring Art Holdings Bhd 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 Furnishings, Fixtures & Appliances company?
The median Debt-to-EBITDA among Furnishings, Fixtures & Appliances companies is 1.91, based on 331 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. Spring Art Holdings Bhd's current Debt-to-EBITDA of 2.65 is 38.7% 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 Spring Art Holdings Bhd. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-EBITDA is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spring Art Holdings Bhd's current Debt-to-EBITDA is 2.65, which is 268% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spring Art Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Spring Art Holdings Bhd (XKLS:0216) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.09 — trading 46.9% below its estimated fair value. The current Debt-to-EBITDA is 2.65, which is 268% above median its 10-year median of 0.72 and 38.7% above the Furnishings, Fixtures & Appliances industry median of 1.91. 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 Spring Art Holdings Bhd (XKLS:0216), the current Debt-to-EBITDA is 2.65 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.

Spring Art Holdings Bhd Business Description

Address Kawasan Perindustrian Bukit Pasir, Lot PLO 49, Jalan Rami 4, Bukit Pasir, Muar, JHR, MYS, 84300
Spring Art Holdings Bhd is involved in the manufacturing of ready-to-assemble furniture products, where it undertakes the design and development, manufacturing as well as marketing and sales of office furniture such as office workstations, filing cabinets and pedestals, bedroom furniture such as beds, night stands, wardrobes, dressing tables, dressing stools and study desks, living room furniture such as computer desks, television consoles, sideboards, shoe cabinets, bookshelves and drawer chests as well as other types of furniture such as dining tables and kitchen cabinets. The group has only one business segment, namely the design, development, manufacturing, marketing and sales of furniture products.