Go Innovate Asia Bhd (XKLS:03028) Debt-to-EBITDA : 1.02 (As of Jun. 2025) — 73% Above Median

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What is Go Innovate Asia Bhd Debt-to-EBITDA?

Go Innovate Asia Bhd XKLS:03028 Debt-to-EBITDA is 1.02 as of Jun. 2025, which is 73% above its 10-year median of 0.59. The stock has 3 warning signs investors should review.

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

Go Innovate Asia Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was RM5 Mil. Go Innovate Asia Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was RM2 Mil. Go Innovate Asia Bhd's annualized EBITDA for the quarter that ended in Jun. 2025 was RM8 Mil. Go Innovate Asia Bhd's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2025 was 1.02.

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 Go Innovate Asia Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:03028' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.84   Med: 0.59   Max: 3.18
Current: -0.84

During the past 8 years, the highest Debt-to-EBITDA Ratio of Go Innovate Asia Bhd was 3.18. The lowest was -0.84. And the median was 0.59.

XKLS:03028's Debt-to-EBITDA is not ranked
in the Capital Markets industry.
Industry Median: 1.54 vs XKLS:03028: -0.84

Go Innovate Asia Bhd  (XKLS:03028) 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.


Go Innovate Asia Bhd Debt-to-EBITDA Related Terms


Go Innovate Asia Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Go Innovate Asia 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.

Go Innovate Asia Bhd Debt-to-EBITDA Chart

Go Innovate Asia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial 0.59 1.78 2.23 3.18 -0.57

Go Innovate Asia Bhd Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.71 9.48 -0.62 -0.33 1.02

XKLS:03028 vs MS, GS, SCHW: Debt-to-EBITDA Comparison

For the Capital Markets subindustry, Go Innovate Asia 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.


Go Innovate Asia Bhd Debt-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Go Innovate Asia Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Go Innovate Asia Bhd's Debt-to-EBITDA falls into.



Go Innovate Asia Bhd Debt-to-EBITDA Calculation

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

Go Innovate Asia Bhd's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.239 + 2.351) / -14.976
=-0.57

Go Innovate Asia Bhd's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.429 + 2.251) / 7.564
=1.02

* 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 two times the quarterly (Jun. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.02 mean?
Go Innovate Asia Bhd (XKLS:03028) has a Debt-to-EBITDA of 1.02 as of Jun. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Go Innovate Asia Bhd. This is 73% above median its historical median of 0.59.
Is Go Innovate Asia Bhd's Debt-to-EBITDA too high?
Go Innovate Asia Bhd's current Debt-to-EBITDA of 1.02 is 73% above median its 10-year median of 0.59. The Capital Markets industry median Debt-to-EBITDA is 1.54. Go Innovate Asia Bhd's value of 1.02 is 33.8% below this industry median.
How does Go Innovate Asia Bhd's Debt-to-EBITDA compare to MS and GS?
Go Innovate Asia Bhd's Debt-to-EBITDA of 1.02 can be compared against companies in the Capital Markets industry. The industry median Debt-to-EBITDA is 1.54. Go Innovate Asia Bhd's value of 1.02 is 33.8% below this benchmark. While the company's 10-year median is 0.59 vs. the industry median of 1.54, Go Innovate Asia 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 a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.54, based on 422 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. Go Innovate Asia Bhd's current Debt-to-EBITDA of 1.02 is 33.8% 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 Go Innovate Asia Bhd. For the Capital Markets industry, the median Debt-to-EBITDA is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Go Innovate Asia Bhd's current Debt-to-EBITDA is 1.02, which is 73% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Debt-to-EBITDA of 1.02. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Debt-to-EBITDA is 1.02, which is 73% above median its 10-year median of 0.59 and 33.8% below the Capital Markets industry median of 1.54. 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 Go Innovate Asia Bhd (XKLS:03028), the current Debt-to-EBITDA is 1.02 as of Jun. 2025. 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.

Go Innovate Asia Bhd Business Description

Address 3A-D, Jalan USJ10/1A, Subang Jaya, Kuala Lumpur, SGR, MYS, 47610
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.