Marine & General Bhd (XKLS:5078) Debt-to-EBITDA : 13.46 (As of Apr. 2026) — 117% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5078 Marine & General Bhd XKLS:5078
25 GF Score
Price RM0.29
GF Value RM0.25
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Marine & General Bhd Debt-to-EBITDA?

Marine & General Bhd XKLS:5078 +1.79% 25 Debt-to-EBITDA is 13.46 as of Apr. 2026, which is 117% above its 10-year median of 6.20. GuruFocus rates XKLS:5078 with a GF Score™ of 25/100 and a GF Value™ of RM0.25 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 709 Oil & Gas companies, Marine & General Bhd ranks worse than 85.61% on this metric.

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

Marine & General Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was RM85.4 Mil. Marine & General Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was RM398.9 Mil. Marine & General Bhd's annualized EBITDA for the quarter that ended in Apr. 2026 was RM36.0 Mil. Marine & General Bhd's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 was 13.46.

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 Marine & General Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:5078' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -113.91   Med: 6.2   Max: 11.61
Current: 6.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Marine & General Bhd was 11.61. The lowest was -113.91. And the median was 6.20.

XKLS:5078's Debt-to-EBITDA is ranked worse than
85.61% of 709 companies
in the Oil & Gas industry
Industry Median: 2.01 vs XKLS:5078: 6.33

Marine & General Bhd  (XKLS:5078) 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.


Marine & General Bhd Debt-to-EBITDA Related Terms


Marine & General Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Marine & General 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.

Marine & General Bhd Debt-to-EBITDA Chart

Marine & General Bhd Annual Data
Trend Jul14 Dec16 Dec17 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -113.91 6.64 6.07 6.66 6.33

Marine & General Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.92 4.44 5.84 8.67 13.46

XKLS:5078 vs SLB, BKR, FTI: Debt-to-EBITDA Comparison

For the Oil & Gas Equipment & Services subindustry, Marine & General 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.


Marine & General Bhd Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marine & General Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Marine & General Bhd's Debt-to-EBITDA falls into.


XKLS:5078
25GF Score
Marine & General Bhd XKLS:5078
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marine & General Bhd Debt-to-EBITDA Calculation

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

Marine & General Bhd's Debt-to-EBITDA for the fiscal year that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(85.384 + 398.861) / 76.464
=6.33

Marine & General Bhd's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(85.384 + 398.861) / 35.98
=13.46

* 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 (Apr. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 13.46 mean?
Marine & General Bhd (XKLS:5078) has a Debt-to-EBITDA of 13.46 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Marine & General Bhd. This is 117% above median its historical median of 6.20. According to the industry distribution chart, Marine & General Bhd ranks #607 out of 709 companies in the Oil & Gas industry, placing it in the top 85.6%.
Is Marine & General Bhd's Debt-to-EBITDA too high?
Marine & General Bhd's current Debt-to-EBITDA of 13.46 is 117% above median its 10-year median of 6.20. The Oil & Gas industry median Debt-to-EBITDA is 2.01. Marine & General Bhd's value of 13.46 is 569.7% above this industry median. Based on the distribution chart, Marine & General Bhd ranks #607 out of 709 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Marine & General Bhd has a GF Score™ of 25/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marine & General Bhd's Debt-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Marine & General Bhd ranks #607 out of 709 companies for Debt-to-EBITDA. This places Marine & General Bhd in the lower half of its industry. The industry median Debt-to-EBITDA is 2.01. Marine & General Bhd's value of 13.46 is 569.7% above this benchmark. While the company's 10-year median is 6.20 vs. the industry median of 2.01, Marine & General 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 an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 709 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. Marine & General Bhd's current Debt-to-EBITDA of 13.46 is 569.7% 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 Marine & General Bhd. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marine & General Bhd's current Debt-to-EBITDA is 13.46, which is 117% above median its own 10-year median of 6.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marine & General Bhd stock overvalued right now?
Based on GuruFocus' analysis, Marine & General Bhd (XKLS:5078) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.25, compared to a current price of RM0.29 — trading 14% above its estimated fair value. The current Debt-to-EBITDA is 13.46, which is 117% above median its 10-year median of 6.20 and 569.7% above the Oil & Gas industry median of 2.01. Marine & General Bhd's overall GF Score™ is 25/100 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 Marine & General Bhd (XKLS:5078), the current Debt-to-EBITDA is 13.46 as of Apr. 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.

Is Marine & General Bhd (XKLS:5078) Overvalued in 2026?

Based on GuruFocus' analysis, Marine & General Bhd stock appears to be overvalued. The current stock price of RM0.29 is trading 14% above its estimated GF Value™ of RM0.25. GuruFocus considers Marine & General Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5078:

  • Debt-to-EBITDA: 13.46 (117% above median its 10-year median of 6.20)
  • GF Value™: RM0.25 vs. price of RM0.29 (14% above fair value)
  • GF Score™: 25/100 with 4 warning signs
  • Industry Position: 569.7% above the Oil & Gas median (#607 of 709)

No single metric tells the full story. See the XKLS:5078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marine & General Bhd Business Description

Industry EnergyOil & Gas
Address No. 1, Jalan Tun Mohd Fuad, Level 23, Menara Kenari, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000
Marine & General Bhd is an investment holding company. Through its subsidiary, it is engaged in business activities of provision of offshore marine support services, marine logistics services, and tanker management services. Its operating segments include Marine Logistics - Upstream, which is the key revenue driver; and Marine Logistics - Downstream. The company generates the majority of its revenue from Malaysia.
25GF Score

Get the complete analysis for XKLS:5078

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

RM0.29
Price
RM0.25
GF Value