Swift Energy Technology Bhd (XKLS:0337) Other Current Assets: RM2.35 Mil (As of Mar. 2026)

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XKLS:0337 Swift Energy Technology Bhd XKLS:0337
18 GF Score
Price RM0.22
! 6 Warning Signs
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What is Swift Energy Technology Bhd Other Current Assets?

Swift Energy Technology Bhd XKLS:0337 +2.38% 18 Other Current Assets is RM2.35 Mil as of Mar. 2026. GuruFocus rates XKLS:0337 with a GF Score™ of 18/100. The stock has 6 warning signs investors should review.

Swift Energy Technology Bhd's other current assets for the quarter that ended in Mar. 2026 was RM2.35 Mil.

Swift Energy Technology Bhd's quarterly other current assets declined from Sep. 2025 (RM7.18 Mil) to Dec. 2025 (RM1.37 Mil) but then increased from Dec. 2025 (RM1.37 Mil) to Mar. 2026 (RM2.35Mil).

Swift Energy Technology Bhd's annual other current assets increased from Sep. 2023 (RM4.09 Mil) to Sep. 2024 (RM4.55 Mil) increased from Sep. 2024 (RM4.55 Mil) to Sep. 2025 (RM7.18 Mil).


Swift Energy Technology Bhd Other Current Assets Related Terms


Swift Energy Technology Bhd Other Current Assets Historical Data

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The historical data trend for Swift Energy 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.

Swift Energy Technology Bhd Other Current Assets Chart

Swift Energy Technology Bhd Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Other Current Assets
10.64 5.45 4.09 4.55 7.18

Swift Energy Technology Bhd Quarterly Data
Sep21 Sep22 Sep23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.52 2.40 7.18 1.37 2.35
XKLS:0337
18GF Score
Swift Energy Technology Bhd XKLS:0337
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Swift Energy 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 RM2.35 Mil mean?
Swift Energy Technology Bhd (XKLS:0337) has a Other Current Assets of RM2.35 Mil as of Mar. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Swift Energy Technology Bhd.
Is Swift Energy Technology Bhd's Other Current Assets too high?
Swift Energy Technology Bhd's current Other Current Assets is RM2.35 Mil. Overall, Swift Energy Technology Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Swift Energy Technology Bhd's Other Current Assets compare to VRT and BE?
Swift Energy Technology Bhd's Other Current Assets of RM2.35 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 Swift Energy Technology Bhd. Swift Energy Technology Bhd's current Other Current Assets is RM2.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swift Energy Technology Bhd stock overvalued right now?
Swift Energy Technology Bhd (XKLS:0337) has a current Other Current Assets of RM2.35 Mil. The current Other Current Assets is RM2.35 Mil. Swift Energy Technology Bhd's overall GF Score™ is 18/100 with 6 warning signs to review. 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 Swift Energy Technology Bhd (XKLS:0337), the current Other Current Assets is RM2.35 Mil 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.

Swift Energy Technology Bhd Business Description

Address Jalan Palam 34/17, Lot 48521 (PT 25145), Seksyen 34, Shah Alam, SGR, MYS, 40460
Swift Energy Technology Bhd is an investment holding company engaged in the provision of industrial automation and power systems across various industries. It is involved in the provision of process control systems for the grain products, edible oils, and food manufacturing industries, as well as explosion-proof solar photovoltaic and powerdistribution systems. The company's reportable segments are: i) Manufacturing, ii) Engineering services, iii) Trading, and Investment holding. The majority of the revenue is derived from the Manufacturing segment, which includes fabrication, supply and distribution of electrical and instrumentation equipment; and provision of technical services, installation and maintenance of industrial automation, power and other systems.
18GF Score

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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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