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Northern Solar Holdings BhdXKLS:0340 +1.47%19 Debt-to-EBITDA is 0.58 as of Mar. 2026, which is 7% above its 10-year median of 0.54. GuruFocus rates XKLS:0340 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 727 Semiconductors companies, Northern Solar Holdings Bhd ranks better than 67.68% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Northern Solar Holdings Bhd's Debt-to-EBITDA or its related term are showing as below:
XKLS:0340'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.28 Med: 0.54 Max: 0.95
Current: 0.54
During the past 5 years, the highest Debt-to-EBITDA Ratio of Northern Solar Holdings Bhd was 0.95. The lowest was 0.28. And the median was 0.54.
XKLS:0340's Debt-to-EBITDA is ranked better than 67.68% of 727
companies
in the Semiconductors industry
Industry Median: 1.45
vs XKLS:0340: 0.54
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.
Northern Solar Holdings Bhd Debt-to-EBITDA Related Terms
Northern Solar Holdings Bhd Debt-to-EBITDA Historical Data
* 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.
XKLS:0340 vs FSLR, NXT, ENPH: Debt-to-EBITDA Comparison
For the Solar subindustry, Northern Solar 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.
Northern Solar Holdings Bhd Debt-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Northern Solar Holdings Bhd's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Northern Solar Holdings Bhd's Debt-to-EBITDA falls into.
* 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.
Northern Solar Holdings Bhd (XKLS:0340) has a Debt-to-EBITDA of 0.58 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 Northern Solar Holdings Bhd. This is near median its historical median of 0.54. Over the past decade, Northern Solar Holdings Bhd's Debt-to-EBITDA has ranged from 0.28 to 0.95. According to the industry distribution chart, Northern Solar Holdings Bhd ranks #235 out of 727 companies in the Semiconductors industry, placing it in the top 32.3%.
Is Northern Solar Holdings Bhd's Debt-to-EBITDA too high?
Northern Solar Holdings Bhd's current Debt-to-EBITDA of 0.58 is near median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.95. The Semiconductors industry median Debt-to-EBITDA is 1.45. Northern Solar Holdings Bhd's value of 0.58 is 60% below this industry median. Based on the distribution chart, Northern Solar Holdings Bhd ranks #235 out of 727 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Northern Solar Holdings Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's Debt-to-EBITDA compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Northern Solar Holdings Bhd ranks #235 out of 727 companies for Debt-to-EBITDA. This puts Northern Solar Holdings Bhd in the upper half of its industry. The industry median Debt-to-EBITDA is 1.45. Northern Solar Holdings Bhd's value of 0.58 is 60% below this benchmark. Historically, Northern Solar Holdings Bhd's own Debt-to-EBITDA has ranged from 0.28 to 0.95 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.45, Northern Solar 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 a Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.45, based on 727 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. Northern Solar Holdings Bhd's current Debt-to-EBITDA of 0.58 is 60% 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 Northern Solar Holdings Bhd. For the Semiconductors industry, the median Debt-to-EBITDA is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Solar Holdings Bhd's current Debt-to-EBITDA is 0.58, which is near median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current Debt-to-EBITDA of 0.58. The current Debt-to-EBITDA is 0.58, which is near median its 10-year median of 0.54 and 60% below the Semiconductors industry median of 1.45. Northern Solar Holdings Bhd's overall GF Score™ is 19/100 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 Northern Solar Holdings Bhd (XKLS:0340), the current Debt-to-EBITDA is 0.58 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.
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
19GF Score
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