OpenMove AI Bhd (XKLS:0106) Goodwill-to-Asset: 0.00 (As of Jun. 2026)

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:0106 OpenMove AI Bhd XKLS:0106
61 GF Score
Price RM0.52
GF Value RM0.56
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is OpenMove AI Bhd Goodwill-to-Asset?

OpenMove AI Bhd XKLS:0106 +1.96% 61 Goodwill-to-Asset is 0.00 as of Jun. 2026. GuruFocus rates XKLS:0106 with a GF Score™ of 61/100 and a GF Value™ of RM0.56 (Fairly Valued). The stock has 2 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. OpenMove AI Bhd's Goodwill for the quarter that ended in Jun. 2026 was RM0.00 Mil. OpenMove AI Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM73.50 Mil. Therefore, OpenMove AI Bhd's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.


OpenMove AI Bhd  (XKLS:0106) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


OpenMove AI Bhd Goodwill-to-Asset Related Terms


OpenMove AI Bhd Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for OpenMove AI Bhd's Goodwill-to-Asset 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.

OpenMove AI Bhd Goodwill-to-Asset Chart

OpenMove AI Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

OpenMove AI Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Goodwill-to-Asset 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 0.00 0.00 0.01 0.00 0.00

XKLS:0106 vs IBM, ACN, CTSH: Goodwill-to-Asset Comparison

For the Information Technology Services subindustry, OpenMove AI Bhd's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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.


OpenMove AI Bhd Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, OpenMove AI Bhd's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where OpenMove AI Bhd's Goodwill-to-Asset falls into.


XKLS:0106
61GF Score
OpenMove AI Bhd XKLS:0106
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OpenMove AI Bhd Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

OpenMove AI Bhd's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=0.336/66.527
=0.01

OpenMove AI Bhd's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=0/73.495
=0.00

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
OpenMove AI Bhd (XKLS:0106) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on OpenMove AI Bhd and its competitors.
Is OpenMove AI Bhd's Goodwill-to-Asset too high?
OpenMove AI Bhd's current Goodwill-to-Asset is 0.00. Overall, OpenMove AI Bhd has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does OpenMove AI Bhd's Goodwill-to-Asset compare to IBM and ACN?
OpenMove AI Bhd's Goodwill-to-Asset of 0.00 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Software company?
A good Goodwill-to-Asset depends on the Software industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on OpenMove AI Bhd and its competitors. OpenMove AI Bhd's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OpenMove AI Bhd stock overvalued right now?
Based on GuruFocus' analysis, OpenMove AI Bhd (XKLS:0106) is currently considered Fairly Valued. The stock's GF Value™ is RM0.56, compared to a current price of RM0.52 — trading 7.1% below its estimated fair value. The current Goodwill-to-Asset is 0.00. OpenMove AI Bhd's overall GF Score™ is 61/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For OpenMove AI Bhd (XKLS:0106), the current Goodwill-to-Asset is 0.00 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 OpenMove AI Bhd (XKLS:0106) Overvalued in 2026?

Based on GuruFocus' analysis, OpenMove AI Bhd stock appears to be undervalued. The current stock price of RM0.52 is trading 7.1% below its estimated GF Value™ of RM0.56. GuruFocus considers OpenMove AI Bhd to be Fairly Valued.

Key valuation signals for XKLS:0106:

  • Goodwill-to-Asset: 0.00
  • GF Value™: RM0.56 vs. price of RM0.52 (7.1% below fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the XKLS:0106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OpenMove AI Bhd Business Description

Address 12, Jalan PJU 7/5, Mutiara Damansara, Units 3-01 to 3-07, Level 3, Menara UAC, Petaling Jaya, SGR, MYS, 47800
OpenMove AI Bhd, formerly known as Rexit Bhd, focuses on delivering solutions and services to the general insurance and financial service industries. It offers several web-based insurance solutions that cater to the front-end marketing and sales functions, as well as the back-end operations of insurance companies. It also offers a suite of workflow, case management, and document management applications suited for the financial industry. Its products include e-Cover, which is an online insurance transaction system; e-PPA, which is an online system to submit investment and redemption applications to the employee provident fund, IIMS, which is an integrated workflow, case management, and document management system and others. Geographically, it derives a majority of its revenue from Malaysia.
61GF Score

Get the complete analysis for XKLS:0106

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

RM0.52
Price
RM0.56
GF Value