Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Debt-to-EBITDA : 3.09 (As of Mar. 2026)

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XKLS:5186 Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186
52 GF Score
Price RM0.34
GF Value RM0.31
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-EBITDA?

Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186 52 Debt-to-EBITDA is 3.09 as of Mar. 2026. GuruFocus rates XKLS:5186 with a GF Score™ of 52/100 and a GF Value™ of RM0.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 705 Oil & Gas companies, Malaysia Marine and Heavy Engineering Holdings Bhd ranks worse than 55.74% on this metric.

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

Malaysia Marine and Heavy Engineering Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM302 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM177 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's annualized EBITDA for the quarter that ended in Mar. 2026 was RM155 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.09.

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 Malaysia Marine and Heavy Engineering Holdings Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:5186' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.14   Med: -0.41   Max: 4.37
Current: 2.38

During the past 13 years, the highest Debt-to-EBITDA Ratio of Malaysia Marine and Heavy Engineering Holdings Bhd was 4.37. The lowest was -2.14. And the median was -0.41.

XKLS:5186's Debt-to-EBITDA is ranked worse than
55.74% of 705 companies
in the Oil & Gas industry
Industry Median: 2.04 vs XKLS:5186: 2.38

Malaysia Marine and Heavy Engineering Holdings Bhd  (XKLS:5186) 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.


Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-EBITDA Related Terms


Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Malaysia Marine and Heavy Engineering 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.

Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-EBITDA Chart

Malaysia Marine and Heavy Engineering Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.14 2.42 -0.96 1.23 1.32

Malaysia Marine and Heavy Engineering Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.88 1.88 1.15 0.84 3.09

XKLS:5186 vs SLB, BKR, FTI: Debt-to-EBITDA Comparison

For the Oil & Gas Equipment & Services subindustry, Malaysia Marine and Heavy Engineering 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.


Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-EBITDA vs Oil & Gas Industry

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

* The bar in red indicates where Malaysia Marine and Heavy Engineering Holdings Bhd's Debt-to-EBITDA falls into.


XKLS:5186
52GF Score
Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-EBITDA Calculation

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

Malaysia Marine and Heavy Engineering Holdings 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
=(71.593 + 187.225) / 196.661
=1.32

Malaysia Marine and Heavy Engineering Holdings 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
=(302.178 + 177.003) / 155.192
=3.09

* 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 3.09 mean?
Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) has a Debt-to-EBITDA of 3.09 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 Malaysia Marine and Heavy Engineering Holdings Bhd. According to the industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #393 out of 705 companies in the Oil & Gas industry, placing it in the top 55.7%.
Is Malaysia Marine and Heavy Engineering Holdings Bhd's Debt-to-EBITDA too high?
Malaysia Marine and Heavy Engineering Holdings Bhd's current Debt-to-EBITDA is 3.09. The Oil & Gas industry median Debt-to-EBITDA is 2.04. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 3.09 is 51.5% above this industry median. Based on the distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #393 out of 705 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Malaysia Marine and Heavy Engineering Holdings Bhd has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Malaysia Marine and Heavy Engineering Holdings Bhd's Debt-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #393 out of 705 companies for Debt-to-EBITDA. This places Malaysia Marine and Heavy Engineering Holdings Bhd in the lower half of its industry. The industry median Debt-to-EBITDA is 2.04. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 3.09 is 51.5% above this benchmark. 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 2.04, based on 705 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. Malaysia Marine and Heavy Engineering Holdings Bhd's current Debt-to-EBITDA of 3.09 is 51.5% 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 Malaysia Marine and Heavy Engineering Holdings Bhd. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malaysia Marine and Heavy Engineering Holdings Bhd's current Debt-to-EBITDA is 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysia Marine and Heavy Engineering Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) is currently considered Fairly Valued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.34 — trading 9.7% above its estimated fair value. The current Debt-to-EBITDA is 3.09 and 51.5% above the Oil & Gas industry median of 2.04. Malaysia Marine and Heavy Engineering Holdings Bhd's overall GF Score™ is 52/100 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186), the current Debt-to-EBITDA is 3.09 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.

Is Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Overvalued in 2026?

Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd stock appears to be overvalued. The current stock price of RM0.34 is trading 9.7% above its estimated GF Value™ of RM0.31. GuruFocus considers Malaysia Marine and Heavy Engineering Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:5186:

  • Debt-to-EBITDA: 3.09
  • GF Value™: RM0.31 vs. price of RM0.34 (9.7% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 51.5% above the Oil & Gas median (#393 of 705)

No single metric tells the full story. See the XKLS:5186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malaysia Marine and Heavy Engineering Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Sultan Hishamuddin, Level 31, Menara Dayabumi, Kuala Lumpur, MYS, 50050
Malaysia Marine and Heavy Engineering Holdings Bhd delivers integrated solutions across offshore and onshore facilities as well as marine vessels. The company provides a comprehensive suite of marine repair, conversion and refurbishment services, with a specialized focus on LNG carrier repairs. It is also actively engaged in new and renewable energy and decarbonisation-related works, including the fabrication and construction of carbon capture facilities, offshore wind farm substations, and green hydrogen infrastructure. The company's segments include the Heavy Engineering segment, which provides services for oil and gas engineering and construction works, and the Marine segment, which provides marine conversion works and repair services.
52GF Score

Get the complete analysis for XKLS:5186

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

RM0.34
Price
RM0.31
GF Value