Pan Merchant Bhd (XKLS:0361) Debt-to-EBITDA : -1.14 (As of Mar. 2026)

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XKLS:0361 Pan Merchant Bhd XKLS:0361
16 GF Score
Price RM0.22
! 2 Warning Signs
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What is Pan Merchant Bhd Debt-to-EBITDA?

Pan Merchant Bhd XKLS:0361 -2.27% 16 Debt-to-EBITDA is -1.14 as of Mar. 2026. GuruFocus rates XKLS:0361 with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 2,331 Industrial Products companies, Pan Merchant Bhd ranks worse than 69.63% on this metric.

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

Pan Merchant Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM16.1 Mil. Pan Merchant Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM2.4 Mil. Pan Merchant Bhd's annualized EBITDA for the quarter that ended in Mar. 2026 was RM-16.2 Mil. Pan Merchant Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -1.14.

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 Pan Merchant Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:0361' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.43   Med: 1.88   Max: 3.35
Current: 3.35

During the past 5 years, the highest Debt-to-EBITDA Ratio of Pan Merchant Bhd was 3.35. The lowest was 1.43. And the median was 1.88.

XKLS:0361's Debt-to-EBITDA is ranked worse than
69.63% of 2331 companies
in the Industrial Products industry
Industry Median: 1.68 vs XKLS:0361: 3.35

Pan Merchant Bhd  (XKLS:0361) 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.


Pan Merchant Bhd Debt-to-EBITDA Related Terms


Pan Merchant Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Pan Merchant 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.

Pan Merchant Bhd Debt-to-EBITDA Chart

Pan Merchant Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
2.10 1.43 1.88 2.12 1.43

Pan Merchant Bhd Quarterly Data
Dec21 Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 0.00 3.39 1.60 0.91 -1.14

XKLS:0361 vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Pan Merchant 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.


Pan Merchant Bhd Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pan Merchant Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Pan Merchant Bhd's Debt-to-EBITDA falls into.


XKLS:0361
16GF Score
Pan Merchant Bhd XKLS:0361
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Pan Merchant Bhd Debt-to-EBITDA Calculation

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

Pan Merchant 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
=(13.966 + 2.693) / 11.671
=1.43

Pan Merchant 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
=(16.061 + 2.439) / -16.2
=-1.14

* 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 -1.14 mean?
Pan Merchant Bhd (XKLS:0361) has a Debt-to-EBITDA of -1.14 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 Pan Merchant Bhd. Over the past decade, Pan Merchant Bhd's Debt-to-EBITDA has ranged from 1.43 to 3.35. According to the industry distribution chart, Pan Merchant Bhd ranks #1623 out of 2331 companies in the Industrial Products industry, placing it in the top 69.6%.
Is Pan Merchant Bhd's Debt-to-EBITDA too high?
Pan Merchant Bhd's current Debt-to-EBITDA is -1.14. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 3.35. Based on the distribution chart, Pan Merchant Bhd ranks #1623 out of 2331 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Pan Merchant Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Pan Merchant Bhd's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Pan Merchant Bhd ranks #1623 out of 2331 companies for Debt-to-EBITDA. This places Pan Merchant Bhd in the lower half of its industry. The industry median Debt-to-EBITDA is 1.68. Historically, Pan Merchant Bhd's own Debt-to-EBITDA has ranged from 1.43 to 3.35 over the past decade. 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 Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.68, based on 2,331 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. 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 Pan Merchant Bhd. For the Industrial Products industry, the median Debt-to-EBITDA is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Merchant Bhd's current Debt-to-EBITDA is -1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Merchant Bhd stock overvalued right now?
Pan Merchant Bhd (XKLS:0361) has a current Debt-to-EBITDA of -1.14. The current Debt-to-EBITDA is -1.14. Pan Merchant Bhd's overall GF Score™ is 16/100 with 2 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 Pan Merchant Bhd (XKLS:0361), the current Debt-to-EBITDA is -1.14 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.

Pan Merchant Bhd Business Description

Address Nos. 17 & 19, Jalan Pengacara U1/48, Temasya Industrial Park, Shah Alam, SGR, MYS, 40150
Pan Merchant Bhd is a homegrown solid-liquid filtration solutions provider by revenue, with a track record of designing, manufacturing, assembling, delivering, and commissioning filters. It leverages its in-house design and process engineering expertise to supply customised filtration solutions for large-scale and complex projects, in compliance with specific customer requirements and international standards. It is involved in the business of a solutions provider of solid-liquid filtration equipment, fabrication of steelworks, and technical support services in Malaysia. Its segments are: namely, Filtration Solutions, Steel Works, and Technical Support Services, with the Filtration Solutions segment generating the maximum revenue. The Group generates maximum revenue from Europe.
16GF Score

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

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