JS Solar Holding Bhd (XKLS:0369) Debt-to-EBITDA : 2.95 (As of Mar. 2026) — 94% Above Median

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What is JS Solar Holding Bhd Debt-to-EBITDA?

JS Solar Holding Bhd XKLS:0369 +2.70% Debt-to-EBITDA is 2.95 as of Mar. 2026, which is 94% above its 10-year median of 1.52. The stock has 6 warning signs investors should review. Among 344 Utilities - Independent Power Producers companies, JS Solar Holding Bhd ranks worse than 290697.38% on this metric.

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

JS Solar Holding Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM16.97 Mil. JS Solar Holding Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM3.02 Mil. JS Solar Holding Bhd's annualized EBITDA for the quarter that ended in Mar. 2026 was RM6.79 Mil. JS Solar Holding Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.95.

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 JS Solar Holding Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:0369' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -35.02   Med: 1.52   Max: 7.27
Current: -35.02

During the past 5 years, the highest Debt-to-EBITDA Ratio of JS Solar Holding Bhd was 7.27. The lowest was -35.02. And the median was 1.52.

XKLS:0369's Debt-to-EBITDA is ranked worse than
100% of 344 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.675 vs XKLS:0369: -35.02

JS Solar Holding Bhd  (XKLS:0369) 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.


JS Solar Holding Bhd Debt-to-EBITDA Related Terms


JS Solar Holding Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for JS Solar Holding 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.

JS Solar Holding Bhd Debt-to-EBITDA Chart

JS Solar Holding Bhd Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
-4.61 2.81 1.52 1.51 7.27

JS Solar Holding Bhd Quarterly Data
Mar22 Mar23 Mar24 Mar25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial N/A N/A -2.27 3.45 2.95

JS Solar Holding Bhd Debt-to-EBITDA Competitor Comparison

For the Utilities - Renewable subindustry, JS Solar Holding 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.


JS Solar Holding Bhd Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, JS Solar Holding Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where JS Solar Holding Bhd's Debt-to-EBITDA falls into.



JS Solar Holding Bhd Debt-to-EBITDA Calculation

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

JS Solar Holding Bhd's Debt-to-EBITDA for the fiscal year 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
=(16.971 + 3.024) / 2.752
=7.27

JS Solar Holding 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
=(16.971 + 3.024) / 6.788
=2.95

* 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 2.95 mean?
JS Solar Holding Bhd (XKLS:0369) has a Debt-to-EBITDA of 2.95 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 JS Solar Holding Bhd. This is 94% above median its historical median of 1.52. According to the industry distribution chart, JS Solar Holding Bhd ranks #999999 out of 344 companies in the Utilities - Independent Power Producers industry.
Is JS Solar Holding Bhd's Debt-to-EBITDA too high?
JS Solar Holding Bhd's current Debt-to-EBITDA of 2.95 is 94% above median its 10-year median of 1.52. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.68. JS Solar Holding Bhd's value of 2.95 is 36.9% below this industry median. Based on the distribution chart, JS Solar Holding Bhd ranks #999999 out of 344 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers.
How does JS Solar Holding Bhd's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, JS Solar Holding Bhd ranks #999999 out of 344 companies for Debt-to-EBITDA. This places JS Solar Holding Bhd in the lower half of its industry. The industry median Debt-to-EBITDA is 4.68. JS Solar Holding Bhd's value of 2.95 is 36.9% below this benchmark. While the company's 10-year median is 1.52 vs. the industry median of 4.68, JS Solar Holding 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 Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.68, based on 344 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. JS Solar Holding Bhd's current Debt-to-EBITDA of 2.95 is 36.9% 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 JS Solar Holding Bhd. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JS Solar Holding Bhd's current Debt-to-EBITDA is 2.95, which is 94% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JS Solar Holding Bhd stock overvalued right now?
JS Solar Holding Bhd (XKLS:0369) has a current Debt-to-EBITDA of 2.95. The current Debt-to-EBITDA is 2.95, which is 94% above median its 10-year median of 1.52 and 36.9% below the Utilities - Independent Power Producers industry median of 4.68. 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 JS Solar Holding Bhd (XKLS:0369), the current Debt-to-EBITDA is 2.95 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.

JS Solar Holding Bhd Business Description

Address B-05, Jalan Delta U6/18, Taman Perindustrian Sunway Subang, Seksyen U6, Shah Alam, SGR, MYS
JS Solar Holding Bhd is principally an investment holding company. Through its Subsidiaries, it is principally involved in the provision of EPCC services and contracting services for solar PV systems. The company also complement its solar PV system projects through the provision of O&M services to assist its customers in operating and maintaining their solar PV systems.