Ocean Vantage Holdings Bhd (XKLS:0220) Debt-to-EBITDA : 0.53 (As of Mar. 2026) — 36% Above Median

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XKLS:0220 Ocean Vantage Holdings Bhd XKLS:0220
49 GF Score
Price RM0.23
GF Value RM0.13
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ocean Vantage Holdings Bhd Debt-to-EBITDA?

Ocean Vantage Holdings Bhd XKLS:0220 -2.17% 49 Debt-to-EBITDA is 0.53 as of Mar. 2026, which is 36% above its 10-year median of 0.39. GuruFocus rates XKLS:0220 with a GF Score™ of 49/100 and a GF Value™ of RM0.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 706 Oil & Gas companies, Ocean Vantage Holdings Bhd ranks better than 73.94% on this metric.

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

Ocean Vantage Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM1.0 Mil. Ocean Vantage Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM1.6 Mil. Ocean Vantage Holdings Bhd's annualized EBITDA for the quarter that ended in Mar. 2026 was RM4.9 Mil. Ocean Vantage Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.53.

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

XKLS:0220' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.11   Med: 0.39   Max: 1.44
Current: 0.82

During the past 10 years, the highest Debt-to-EBITDA Ratio of Ocean Vantage Holdings Bhd was 1.44. The lowest was 0.11. And the median was 0.39.

XKLS:0220's Debt-to-EBITDA is ranked better than
73.94% of 706 companies
in the Oil & Gas industry
Industry Median: 2.035 vs XKLS:0220: 0.82

Ocean Vantage Holdings Bhd  (XKLS:0220) 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.


Ocean Vantage Holdings Bhd Debt-to-EBITDA Related Terms


Ocean Vantage Holdings Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ocean Vantage 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.

Ocean Vantage Holdings Bhd Debt-to-EBITDA Chart

Ocean Vantage 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 0.11 1.44 1.44 0.54 0.42

Ocean Vantage 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 0.18 0.41 -0.22 0.52 0.53

XKLS:0220 vs SLB, BKR, FTI: Debt-to-EBITDA Comparison

For the Oil & Gas Equipment & Services subindustry, Ocean Vantage 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.


Ocean Vantage Holdings Bhd Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ocean Vantage Holdings Bhd's Debt-to-EBITDA distribution charts can be found below:

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


XKLS:0220
49GF Score
Ocean Vantage Holdings Bhd XKLS:0220
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Vantage Holdings Bhd Debt-to-EBITDA Calculation

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

Ocean Vantage 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
=(1.049 + 1.768) / 6.776
=0.42

Ocean Vantage 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
=(0.989 + 1.572) / 4.864
=0.53

* 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 0.53 mean?
Ocean Vantage Holdings Bhd (XKLS:0220) has a Debt-to-EBITDA of 0.53 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 Ocean Vantage Holdings Bhd. This is 36% above median its historical median of 0.39. Over the past decade, Ocean Vantage Holdings Bhd's Debt-to-EBITDA has ranged from 0.11 to 1.44. According to the industry distribution chart, Ocean Vantage Holdings Bhd ranks #184 out of 706 companies in the Oil & Gas industry, placing it in the top 26.1%.
Is Ocean Vantage Holdings Bhd's Debt-to-EBITDA too high?
Ocean Vantage Holdings Bhd's current Debt-to-EBITDA of 0.53 is 36% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.44. The Oil & Gas industry median Debt-to-EBITDA is 2.04. Ocean Vantage Holdings Bhd's value of 0.53 is 74% below this industry median. Based on the distribution chart, Ocean Vantage Holdings Bhd ranks #184 out of 706 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ocean Vantage Holdings Bhd has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Vantage Holdings Bhd's Debt-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Ocean Vantage Holdings Bhd ranks #184 out of 706 companies for Debt-to-EBITDA. This puts Ocean Vantage Holdings Bhd in the upper half of its industry. The industry median Debt-to-EBITDA is 2.04. Ocean Vantage Holdings Bhd's value of 0.53 is 74% below this benchmark. Historically, Ocean Vantage Holdings Bhd's own Debt-to-EBITDA has ranged from 0.11 to 1.44 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 2.04, Ocean Vantage Holdings Bhd 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 an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.04, based on 706 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. Ocean Vantage Holdings Bhd's current Debt-to-EBITDA of 0.53 is 74% 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 Ocean Vantage Holdings Bhd. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Vantage Holdings Bhd's current Debt-to-EBITDA is 0.53, which is 36% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Vantage Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd (XKLS:0220) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.23 — trading 73.1% above its estimated fair value. The current Debt-to-EBITDA is 0.53, which is 36% above median its 10-year median of 0.39 and 74% below the Oil & Gas industry median of 2.04. Ocean Vantage Holdings Bhd's overall GF Score™ is 49/100 with 4 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 Ocean Vantage Holdings Bhd (XKLS:0220), the current Debt-to-EBITDA is 0.53 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 Ocean Vantage Holdings Bhd (XKLS:0220) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd stock appears to be overvalued. The current stock price of RM0.23 is trading 73.1% above its estimated GF Value™ of RM0.13. GuruFocus considers Ocean Vantage Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0220:

  • Debt-to-EBITDA: 0.53 (36% above median its 10-year median of 0.39)
  • GF Value™: RM0.13 vs. price of RM0.23 (73.1% above fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 74% below the Oil & Gas median (#184 of 706)

No single metric tells the full story. See the XKLS:0220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean Vantage Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Block 11, Jalan Tudan, Lot 6073 and 6074, 1st and 2nd Floor, Kuala Baram Land District, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000
Ocean Vantage Holdings Bhd, along with its subsidiaries, is engaged in the provision of support services for the oil and gas industry, where it supports both the upstream and downstream oil and gas activities. The Group operates through four segments: Engineering, procurement, and construction (EPC) and Project management; Supply of manpower; Supply of materials, tools, and equipment; and Drilling rig charter. Maximum revenue is derived from the Supply of manpower segment, which delivers tailored manpower solutions to the oil and gas sector by providing end-to-end manpower services, from sourcing and screening to onboarding and workforce management, at every stage of the project. Geographically, the Group generates maximum revenue from the local market and also has an overseas presence.
49GF Score

Get the complete analysis for XKLS:0220

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

RM0.23
Price
RM0.13
GF Value