Elsa Bhd (XKLS:0458) Scaled Net Operating Assets: 0.40 (As of Dec. 2025)


XKLS:0458 Elsa Bhd XKLS:0458
16 GF Score
Price RM0.22
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What is Elsa Bhd Scaled Net Operating Assets?

Elsa Bhd XKLS:0458 +2.38% 16 Scaled Net Operating Assets is 0.40 as of Dec. 2025. GuruFocus rates XKLS:0458 with a GF Score™ of 16/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Elsa Bhd's operating assets for the quarter that ended in Dec. 2025 was RM72.2 Mil. Elsa Bhd's operating liabilities for the quarter that ended in Dec. 2025 was RM33.8 Mil. Elsa Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM96.6 Mil. Therefore, Elsa Bhd's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.40.


Elsa Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for Elsa Bhd's Scaled Net Operating 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.

Elsa Bhd Scaled Net Operating Assets Chart

Elsa Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.38 0.33 0.60 0.40

Elsa Bhd Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets 0.38 0.33 0.60 0.40

XKLS:0458 vs SLB, BKR, HAL: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, Elsa Bhd's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Elsa Bhd Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Elsa Bhd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Elsa Bhd's Scaled Net Operating Assets falls into.


XKLS:0458
16GF Score
Elsa Bhd XKLS:0458
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Elsa Bhd Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Elsa Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(72.23-33.807)/96.575
=0.40

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=115.768 - 43.538
=72.23

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44.761 - 3.363 - 7.591
=33.807

Elsa Bhd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Dec. 2024 )
=(72.23-33.807)/96.575
=0.40

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=115.768 - 43.538
=72.23

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44.761 - 3.363 - 7.591
=33.807

* 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.

What does a Scaled Net Operating Assets of 0.40 mean?
Elsa Bhd (XKLS:0458) has a Scaled Net Operating Assets of 0.40 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Elsa Bhd and its competitors.
Is Elsa Bhd's Scaled Net Operating Assets too high?
Elsa Bhd's current Scaled Net Operating Assets is 0.40. Overall, Elsa Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Elsa Bhd's Scaled Net Operating Assets compare to SLB and BKR?
Elsa Bhd's Scaled Net Operating Assets of 0.40 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Elsa Bhd and its competitors. Elsa Bhd's current Scaled Net Operating Assets is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elsa Bhd stock overvalued right now?
Elsa Bhd (XKLS:0458) has a current Scaled Net Operating Assets of 0.40. The current Scaled Net Operating Assets is 0.40. Elsa Bhd's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Elsa Bhd (XKLS:0458), the current Scaled Net Operating Assets is 0.40 as of Dec. 2025. 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.

Elsa Bhd Business Description

Industry EnergyOil & Gas
Address 200 Jalan Ampang, B-21-02, Menara G-Vestor, Kompleks Pavilion Ampang, Kuala Lumpur, MYS, 50450
Elsa Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the provision of O&G service and equipment solutions which include, amongst others, oilfield service solutions, talent solutions, digital solutions as well as robotics and engineering solutions. Its main business segments comprise: i) Oilfield service solutions, Talent solutions, Digital solutions, and Robotics and engineering solutions. The majority of revenue is derived from the Oilfield service solutions segment, which include supporting activities throughout the lifecycle of an oilfield, mainly in subsurface geoscience and petroleum engineering services, production optimisation services and well services subsegments. Geographically, key revenue is derived from Malaysia.
16GF Score

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

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