Associated Air-Pak Industries Bhd (XKLS:03067) Debt-to-EBITDA : 4.82 (As of Dec. 2025) — Near Median

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What is Associated Air-Pak Industries Bhd Debt-to-EBITDA?

Associated Air-Pak Industries Bhd XKLS:03067 Debt-to-EBITDA is 4.82 as of Dec. 2025, which is 7% above its 10-year median of 4.50. The stock has 3 warning signs investors should review. Among 340 Packaging & Containers companies, Associated Air-Pak Industries Bhd ranks worse than 96.76% on this metric.

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

Associated Air-Pak Industries Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was RM20.44 Mil. Associated Air-Pak Industries Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was RM13.68 Mil. Associated Air-Pak Industries Bhd's annualized EBITDA for the quarter that ended in Dec. 2025 was RM7.08 Mil. Associated Air-Pak Industries Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 4.82.

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 Associated Air-Pak Industries Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:03067' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.39   Med: 4.5   Max: 19.29
Current: 19.29

During the past 3 years, the highest Debt-to-EBITDA Ratio of Associated Air-Pak Industries Bhd was 19.29. The lowest was 4.39. And the median was 4.50.

XKLS:03067's Debt-to-EBITDA is ranked worse than
96.76% of 340 companies
in the Packaging & Containers industry
Industry Median: 2.515 vs XKLS:03067: 19.29

Associated Air-Pak Industries Bhd  (XKLS:03067) 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.


Associated Air-Pak Industries Bhd Debt-to-EBITDA Related Terms


Associated Air-Pak Industries Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Associated Air-Pak Industries 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.

Associated Air-Pak Industries Bhd Debt-to-EBITDA Chart

Associated Air-Pak Industries Bhd Annual Data
Trend Dec23 Dec24 Dec25
Debt-to-EBITDA
4.39 4.50 5.23

Associated Air-Pak Industries Bhd Quarterly Data
Dec23 Dec24 Sep25 Dec25
Debt-to-EBITDA N/A 6.04 N/A 4.82

XKLS:03067 vs SW, AMCR, PKG: Debt-to-EBITDA Comparison

For the Packaging & Containers subindustry, Associated Air-Pak Industries 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.


Associated Air-Pak Industries Bhd Debt-to-EBITDA vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Associated Air-Pak Industries Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Associated Air-Pak Industries Bhd's Debt-to-EBITDA falls into.



Associated Air-Pak Industries Bhd Debt-to-EBITDA Calculation

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

Associated Air-Pak Industries 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
=(20.444 + 13.675) / 6.526
=5.23

Associated Air-Pak Industries Bhd's annualized Debt-to-EBITDA for the quarter 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
=(20.444 + 13.675) / 7.076
=4.82

* 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 (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.82 mean?
Associated Air-Pak Industries Bhd (XKLS:03067) has a Debt-to-EBITDA of 4.82 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Associated Air-Pak Industries Bhd. This is near median its historical median of 4.50. Over the past decade, Associated Air-Pak Industries Bhd's Debt-to-EBITDA has ranged from 4.39 to 19.29. According to the industry distribution chart, Associated Air-Pak Industries Bhd ranks #329 out of 340 companies in the Packaging & Containers industry, placing it in the top 96.8%.
Is Associated Air-Pak Industries Bhd's Debt-to-EBITDA too high?
Associated Air-Pak Industries Bhd's current Debt-to-EBITDA of 4.82 is near median its 10-year median of 4.50. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 19.29. The Packaging & Containers industry median Debt-to-EBITDA is 2.52. Associated Air-Pak Industries Bhd's value of 4.82 is 91.7% above this industry median. Based on the distribution chart, Associated Air-Pak Industries Bhd ranks #329 out of 340 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers.
How does Associated Air-Pak Industries Bhd's Debt-to-EBITDA compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Associated Air-Pak Industries Bhd ranks #329 out of 340 companies for Debt-to-EBITDA. This places Associated Air-Pak Industries Bhd in the lower half of its industry. The industry median Debt-to-EBITDA is 2.52. Associated Air-Pak Industries Bhd's value of 4.82 is 91.7% above this benchmark. Historically, Associated Air-Pak Industries Bhd's own Debt-to-EBITDA has ranged from 4.39 to 19.29 over the past decade. While the company's 10-year median is 4.50 vs. the industry median of 2.52, Associated Air-Pak Industries 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 Packaging & Containers company?
The median Debt-to-EBITDA among Packaging & Containers companies is 2.52, based on 340 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. Associated Air-Pak Industries Bhd's current Debt-to-EBITDA of 4.82 is 91.7% 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 Associated Air-Pak Industries Bhd. For the Packaging & Containers industry, the median Debt-to-EBITDA is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Air-Pak Industries Bhd's current Debt-to-EBITDA is 4.82, which is near median its own 10-year median of 4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Air-Pak Industries Bhd stock overvalued right now?
Associated Air-Pak Industries Bhd (XKLS:03067) has a current Debt-to-EBITDA of 4.82. The current Debt-to-EBITDA is 4.82, which is near median its 10-year median of 4.50 and 91.7% above the Packaging & Containers industry median of 2.52. 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 Associated Air-Pak Industries Bhd (XKLS:03067), the current Debt-to-EBITDA is 4.82 as of Dec. 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.

Associated Air-Pak Industries Bhd Business Description

Address 9, Persiaran Rishah 9, Kawasan Perindustrian Silibin, Perak Darul Ridzuan, Ipoh, PRK, MYS, 30100
Associated Air-Pak Industries Bhd is a manufacturer of Expanded Polyethylene Foam and Expanded Polystyrene Foam sheet. It provides range of packaging products such as Bubblepak, Expanded PE Foam, Polyethylene Films, Multi-laminated Structures, and Rolls/Sheets/Trays.