Hartalega Holdings Bhd (XKLS:5168) Debt-to-EBITDA : 0.02 (As of Jun. 2026) — 92% Below 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:5168 Hartalega Holdings Bhd XKLS:5168
74 GF Score
Price RM0.99
GF Value RM2.18
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Hartalega Holdings Bhd Debt-to-EBITDA?

Hartalega Holdings Bhd XKLS:5168 +1.02% 74 Debt-to-EBITDA is 0.02 as of Jun. 2026, which is 92% below its 10-year median of 0.24. GuruFocus rates XKLS:5168 with a GF Score™ of 74/100 and a GF Value™ of RM2.18 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,240 Chemicals companies, Hartalega Holdings Bhd ranks better than 96.69% on this metric.

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

Hartalega Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM2 Mil. Hartalega Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM8 Mil. Hartalega Holdings Bhd's annualized EBITDA for the quarter that ended in Jun. 2026 was RM530 Mil. Hartalega Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.02.

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

XKLS:5168' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.53   Med: 0.24   Max: 0.74
Current: 0.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hartalega Holdings Bhd was 0.74. The lowest was -3.53. And the median was 0.24.

XKLS:5168's Debt-to-EBITDA is ranked better than
96.69% of 1240 companies
in the Chemicals industry
Industry Median: 2.15 vs XKLS:5168: 0.03

Hartalega Holdings Bhd  (XKLS:5168) 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.


Hartalega Holdings Bhd Debt-to-EBITDA Related Terms


Hartalega Holdings Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hartalega Holdings 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.

Hartalega Holdings Bhd Debt-to-EBITDA Chart

Hartalega Holdings Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 -3.53 0.40 0.03 0.03

Hartalega Holdings Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.04 0.03 0.03 0.03 0.02

XKLS:5168 vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Hartalega 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.


Hartalega Holdings Bhd Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hartalega Holdings Bhd's Debt-to-EBITDA distribution charts can be found below:

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


XKLS:5168
74GF Score
Hartalega Holdings Bhd XKLS:5168
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hartalega Holdings Bhd Debt-to-EBITDA Calculation

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

Hartalega Holdings 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
=(0.854 + 8.59) / 281.079
=0.03

Hartalega Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.15 + 8.322) / 529.764
=0.02

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.02 mean?
Hartalega Holdings Bhd (XKLS:5168) has a Debt-to-EBITDA of 0.02 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hartalega Holdings Bhd. This is 92% below median its historical median of 0.24. According to the industry distribution chart, Hartalega Holdings Bhd ranks #41 out of 1240 companies in the Chemicals industry, placing it in the top 3.3%.
Is Hartalega Holdings Bhd's Debt-to-EBITDA too high?
Hartalega Holdings Bhd's current Debt-to-EBITDA of 0.02 is 92% below median its 10-year median of 0.24. The Chemicals industry median Debt-to-EBITDA is 2.15. Hartalega Holdings Bhd's value of 0.02 is 99.1% below this industry median. Based on the distribution chart, Hartalega Holdings Bhd ranks #41 out of 1240 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Hartalega Holdings Bhd has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hartalega Holdings Bhd's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hartalega Holdings Bhd ranks #41 out of 1240 companies for Debt-to-EBITDA. This places Hartalega Holdings Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.15. Hartalega Holdings Bhd's value of 0.02 is 99.1% below this benchmark. While the company's 10-year median is 0.24 vs. the industry median of 2.15, Hartalega 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.15, based on 1,240 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. Hartalega Holdings Bhd's current Debt-to-EBITDA of 0.02 is 99.1% 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 Hartalega Holdings Bhd. For the Chemicals industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hartalega Holdings Bhd's current Debt-to-EBITDA is 0.02, which is 92% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hartalega Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hartalega Holdings Bhd (XKLS:5168) is currently considered Significantly Undervalued. The stock's GF Value™ is RM2.18, compared to a current price of RM0.99 — trading 54.6% below its estimated fair value. The current Debt-to-EBITDA is 0.02, which is 92% below median its 10-year median of 0.24 and 99.1% below the Chemicals industry median of 2.15. Hartalega Holdings Bhd's overall GF Score™ is 74/100 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 Hartalega Holdings Bhd (XKLS:5168), the current Debt-to-EBITDA is 0.02 as of Jun. 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 Hartalega Holdings Bhd (XKLS:5168) Overvalued in 2026?

Based on GuruFocus' analysis, Hartalega Holdings Bhd stock appears to be undervalued. The current stock price of RM0.99 is trading 54.6% below its estimated GF Value™ of RM2.18. GuruFocus considers Hartalega Holdings Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5168:

  • Debt-to-EBITDA: 0.02 (92% below median its 10-year median of 0.24)
  • GF Value™: RM2.18 vs. price of RM0.99 (54.6% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 99.1% below the Chemicals median (#41 of 1240)

No single metric tells the full story. See the XKLS:5168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hartalega Holdings Bhd Business Description

Address C-G-9, Jalan Dataran SD1, Dataran SD, PJU 9, Bandar Sri Damansara, Kuala Lumpur, SGR, MYS, 52200
Hartalega Holdings Bhd is a holding company whose subsidiaries manufacture and sell a variety of nitrile, Polyisoprene, Polychloroprene, and latex gloves. The company's gloves are used in laboratories and healthcare facilities. The company organizes its segments based on geography: North America, Europe, Asia, Australia, Malaysia, the Middle East, and Others. More revenue comes from the North America segment than from any other.
74GF Score

Get the complete analysis for XKLS:5168

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

RM0.99
Price
RM2.18
GF Value