Top Glove Corporation Bhd Balance Sheet Health
Financial Health criteria checks 5/6
Top Glove Bhd has a total shareholder equity of MYR5.8B and total debt of MYR530.2M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are MYR7.0B and MYR1.2B respectively.
Key information
9.1%
Debt to equity ratio
RM530.18m
Debt
| Interest coverage ratio | n/a |
| Cash | RM935.50m |
| Equity | RM5.83b |
| Total liabilities | RM1.17b |
| Total assets | RM7.00b |
Recent financial health updates
Is Top Glove Corporation Bhd (KLSE:TOPGLOV) A Risky Investment?
Mar 01
Does Top Glove Corporation Bhd (KLSE:TOPGLOV) Have A Healthy Balance Sheet?
Sep 08Is Top Glove Corporation Bhd (KLSE:TOPGLOV) Using Debt Sensibly?
Feb 01Here's Why Top Glove Corporation Bhd (KLSE:TOPGLOV) Can Manage Its Debt Responsibly
Oct 31We Think Top Glove Corporation Bhd (KLSE:TOPGLOV) Can Stay On Top Of Its Debt
Jul 18Is Top Glove Corporation Bhd (KLSE:TOPGLOV) A Risky Investment?
Mar 31Recent updates
Top Glove Corporation Bhd. (KLSE:TOPGLOV) Just Reported And Analysts Have Been Cutting Their Estimates
Mar 23Is Top Glove Corporation Bhd (KLSE:TOPGLOV) A Risky Investment?
Mar 01Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Popularity With Investors Is Clear
Jan 04Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Intrinsic Value Is Potentially 90% Above Its Share Price
Nov 20Does Top Glove Corporation Bhd (KLSE:TOPGLOV) Have A Healthy Balance Sheet?
Sep 08Is Top Glove Corporation Bhd. (KLSE:TOPGLOV) Worth RM1.1 Based On Its Intrinsic Value?
May 30Analysts Are More Bearish On Top Glove Corporation Bhd. (KLSE:TOPGLOV) Than They Used To Be
Mar 17Is Top Glove Corporation Bhd. (KLSE:TOPGLOV) Worth RM0.8 Based On Its Intrinsic Value?
Feb 22Is Top Glove Corporation Bhd (KLSE:TOPGLOV) Using Debt Sensibly?
Feb 01Analysts Just Shaved Their Top Glove Corporation Bhd. (KLSE:TOPGLOV) Forecasts Dramatically
Dec 15Here's Why Top Glove Corporation Bhd (KLSE:TOPGLOV) Can Manage Its Debt Responsibly
Oct 31Analysts Just Slashed Their Top Glove Corporation Bhd. (KLSE:TOPGLOV) EPS Numbers
Sep 26Top Glove Corporation Bhd (KLSE:TOPGLOV) Has Some Way To Go To Become A Multi-Bagger
Sep 16We Think Top Glove Corporation Bhd (KLSE:TOPGLOV) Can Stay On Top Of Its Debt
Jul 18The Consensus EPS Estimates For Top Glove Corporation Bhd. (KLSE:TOPGLOV) Just Fell Dramatically
Jun 14Returns on Capital Paint A Bright Future For Top Glove Corporation Bhd (KLSE:TOPGLOV)
Jun 02Calculating The Intrinsic Value Of Top Glove Corporation Bhd. (KLSE:TOPGLOV)
May 19Is Top Glove Corporation Bhd (KLSE:TOPGLOV) A Risky Investment?
Mar 31Financial Position Analysis
Short Term Liabilities: TOPGLOV's short term assets (MYR1.8B) exceed its short term liabilities (MYR984.9M).
Long Term Liabilities: TOPGLOV's short term assets (MYR1.8B) exceed its long term liabilities (MYR183.7M).
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 86.6% to 9.1% over the past 5 years.
Debt Coverage: TOPGLOV's debt is well covered by operating cash flow (41.1%).
Interest Coverage: Insufficient data to determine if TOPGLOV's interest payments on its debt are well covered by EBIT.