Top Glove Corporation Bhd

KLSE:TOPGLOV Stock Report

Mkt Cap: RM7.0b

Top Glove Corporation Bhd Financial Health

How is Top Glove Corporation Bhd's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TOPGLOV's short term assets (MYR2.1B) exceed its short term liabilities (MYR996.5M).

Long Term Liabilities: TOPGLOV's short term assets (MYR2.1B) exceed its long term liabilities (MYR327.0M).


Debt to Equity History and Analysis

Debt Level: TOPGLOV has more cash than its total debt.

Reducing Debt: TOPGLOV's debt to equity ratio has reduced from 18.2% to 5.9% over the past 5 years.

Debt Coverage: TOPGLOV's debt is well covered by operating cash flow (44.8%).

Interest Coverage: TOPGLOV earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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