ICT Zone Asia Bhd (XKLS:0358) Other Current Assets: RM10.6 Mil (As of Jan. 2026)

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XKLS:0358 ICT Zone Asia Bhd XKLS:0358
62 GF Score
Price RM0.20
GF Value RM0.38
Valuation Possible Value Trap
! 6 Warning Signs
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What is ICT Zone Asia Bhd Other Current Assets?

ICT Zone Asia Bhd XKLS:0358 62 Other Current Assets is RM10.6 Mil as of Jan. 2026. GuruFocus rates XKLS:0358 with a GF Score™ of 62/100 and a GF Value™ of RM0.38 (Possible Value Trap). The stock has 6 warning signs investors should review.

ICT Zone Asia Bhd's other current assets for the quarter that ended in Jan. 2026 was RM10.6 Mil.

ICT Zone Asia Bhd's quarterly other current assets declined from Jan. 2025 (RM7.4 Mil) to Jul. 2025 (RM4.5 Mil) but then increased from Jul. 2025 (RM4.5 Mil) to Jan. 2026 (RM10.6Mil).

ICT Zone Asia Bhd's annual other current assets increased from Jan. 2023 (RM1.5 Mil) to Jan. 2024 (RM6.1 Mil) increased from Jan. 2024 (RM6.1 Mil) to Jan. 2025 (RM7.4 Mil).


ICT Zone Asia Bhd Other Current Assets Related Terms


ICT Zone Asia Bhd Other Current Assets Historical Data

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The historical data trend for ICT Zone Asia 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.

ICT Zone Asia Bhd Other Current Assets Chart

ICT Zone Asia Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Other Current Assets
Get a 7-Day Free Trial 0.37 0.93 1.53 6.06 7.44

ICT Zone Asia Bhd Semi-Annual Data
Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 6.06 2.80 7.44 4.52 10.59
XKLS:0358
62GF Score
ICT Zone Asia Bhd XKLS:0358
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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ICT Zone Asia 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 RM10.6 Mil mean?
ICT Zone Asia Bhd (XKLS:0358) has a Other Current Assets of RM10.6 Mil as of Jan. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on ICT Zone Asia Bhd.
Is ICT Zone Asia Bhd's Other Current Assets too high?
ICT Zone Asia Bhd's current Other Current Assets is RM10.6 Mil. Overall, ICT Zone Asia Bhd has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICT Zone Asia Bhd's Other Current Assets compare to IBM and ACN?
ICT Zone Asia Bhd's Other Current Assets of RM10.6 Mil 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 Other Current Assets for a Software company?
A good Other Current Assets depends on the Software 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 ICT Zone Asia Bhd. ICT Zone Asia Bhd's current Other Current Assets is RM10.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICT Zone Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, ICT Zone Asia Bhd (XKLS:0358) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.38, compared to a current price of RM0.20 — trading 47.4% below its estimated fair value. The current Other Current Assets is RM10.6 Mil. ICT Zone Asia Bhd's overall GF Score™ is 62/100 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 ICT Zone Asia Bhd (XKLS:0358), the current Other Current Assets is RM10.6 Mil as of Jan. 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 ICT Zone Asia Bhd (XKLS:0358) Overvalued in 2026?

Based on GuruFocus' analysis, ICT Zone Asia Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 47.4% below its estimated GF Value™ of RM0.38. GuruFocus considers ICT Zone Asia Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0358:

  • Other Current Assets: RM10.6 Mil
  • GF Value™: RM0.38 vs. price of RM0.20 (47.4% below fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the XKLS:0358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICT Zone Asia Bhd Business Description

Address Jalan Ampang Putra, Block H, Ground Floor, Excella Business Park, Wilayah Persekutuan, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 55100
ICT Zone Asia Bhd is an investment holding company. Along with its subsidiaries, it operates in the following business segments: the Technology financing segment, which involves operating leases of ICT hardware and software; the Trading of ICT hardware and software segment includes outright sales of ICT hardware and software and disposal of ICT assets; Provision of ICT services segment is involved in providing corrective and preventative ICT maintenance services; Provision of cloud solution and services segment offers customised cloud services with architecture solution and outright sales of ICT hardware and software for cloud solution; and Others. Maximum revenue for the group is generated from the Technology financing segment. Geographically, it generates maximum revenue from Malaysia.
62GF Score

Get the complete analysis for XKLS:0358

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

RM0.20
Price
RM0.38
GF Value