MQ Technology Bhd (XKLS:0070) Other Current Assets: RM37.94 Mil (As of Feb. 2026)

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What is MQ Technology Bhd Other Current Assets?

MQ Technology Bhd XKLS:0070 +9.09% Other Current Assets is RM37.94 Mil as of Feb. 2026. The stock has 1 warning sign investors should review.

MQ Technology Bhd's other current assets for the quarter that ended in Feb. 2026 was RM37.94 Mil.

MQ Technology Bhd's quarterly other current assets increased from Aug. 2025 (RM29.64 Mil) to Nov. 2025 (RM29.64 Mil) and increased from Nov. 2025 (RM29.64 Mil) to Feb. 2026 (RM37.94Mil).

MQ Technology Bhd's annual other current assets declined from Sep. 2024 (RM0.10 Mil) to Feb. 2025 (RM0.00 Mil) increased from Feb. 2025 (RM0.00 Mil) to Feb. 2026 (RM37.94 Mil).


MQ Technology Bhd Other Current Assets Related Terms


MQ Technology Bhd Other Current Assets Historical Data

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The historical data trend for MQ Technology Bhd's Other Current Assets 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.

MQ Technology Bhd Other Current Assets Chart

MQ Technology Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Sep22 Sep23 Sep24 Feb25 Feb26
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.61 25.14 0.10 0.00 37.94

MQ Technology Bhd Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 May25 Aug25 Nov25 Feb26
Other Current Assets 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 0.10 29.63 29.64 29.64 37.94

MQ Technology Bhd Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of RM37.94 Mil mean?
MQ Technology Bhd (XKLS:0070) has a Other Current Assets of RM37.94 Mil as of Feb. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on MQ Technology Bhd.
Is MQ Technology Bhd's Other Current Assets too high?
MQ Technology Bhd's current Other Current Assets is RM37.94 Mil.
How does MQ Technology Bhd's Other Current Assets compare to SNA and RBC?
MQ Technology Bhd's Other Current Assets of RM37.94 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for an Industrial Products company?
A good Other Current Assets depends on the Industrial Products industry context. However, Other Current Assets 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 Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on MQ Technology Bhd. MQ Technology Bhd's current Other Current Assets is RM37.94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MQ Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, MQ Technology Bhd (XKLS:0070) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.14, compared to a current price of RM0.06 — trading 57.1% below its estimated fair value. The current Other Current Assets is RM37.94 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For MQ Technology Bhd (XKLS:0070), the current Other Current Assets is RM37.94 Mil as of Feb. 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.

MQ Technology Bhd Business Description

Address Plot 86-B, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park 4, Bayan Lepas, George Town, PNG, MYS, 11900
MQ Technology Bhd is an investment holding company. Through its subsidiaries, it provides a rapid tooling and prototyping division, which automates, designs, develops, and manufactures molds, tools, dies, jigs, and fixtures used in the manufacture of hard disk drives, automotive and medical industries. The company's business segment consists of Manufacture segment, Investment holdings, and others. The company generates the majority of its revenue from Manufacture business segment. Geographically the company operates in Malaysia, Thailand, the USA, Singapore, and Ireland, of which key revenue is derived from Thailand and Malaysia.