Top Glove Corporation Bhd.

KLSE:TOPGLOV Stock Report

Market Cap: RM 9.7b

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 MYR442.8M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are MYR6.9B and MYR1.1B respectively.

Key information

7.6%

Debt to equity ratio

RM 442.84m

Debt

Interest coverage ration/a
CashRM 958.66m
EquityRM 5.85b
Total liabilitiesRM 1.07b
Total assetsRM 6.92b

Recent financial health updates

Recent updates

Getting In Cheap On Top Glove Corporation Bhd. (KLSE:TOPGLOV) Might Be Difficult

Jul 15
Getting In Cheap On Top Glove Corporation Bhd. (KLSE:TOPGLOV) Might Be Difficult

Is There An Opportunity With Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) 25% Undervaluation?

May 05
Is There An Opportunity With Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) 25% Undervaluation?

Top Glove Corporation Bhd. (KLSE:TOPGLOV) Just Reported And Analysts Have Been Cutting Their Estimates

Mar 23
Top Glove Corporation Bhd. (KLSE:TOPGLOV) Just Reported And Analysts Have Been Cutting Their Estimates

Is Top Glove Corporation Bhd (KLSE:TOPGLOV) A Risky Investment?

Mar 01
Is Top Glove Corporation Bhd (KLSE:TOPGLOV) A Risky Investment?

Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Popularity With Investors Is Clear

Jan 04
Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Popularity With Investors Is Clear

Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Intrinsic Value Is Potentially 90% Above Its Share Price

Nov 20
Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Intrinsic Value Is Potentially 90% Above Its Share Price

Does Top Glove Corporation Bhd (KLSE:TOPGLOV) Have A Healthy Balance Sheet?

Sep 08
Does Top Glove Corporation Bhd (KLSE:TOPGLOV) Have A Healthy Balance Sheet?

Is Top Glove Corporation Bhd. (KLSE:TOPGLOV) Worth RM1.1 Based On Its Intrinsic Value?

May 30
Is Top Glove Corporation Bhd. (KLSE:TOPGLOV) Worth RM1.1 Based On Its Intrinsic Value?

Analysts Are More Bearish On Top Glove Corporation Bhd. (KLSE:TOPGLOV) Than They Used To Be

Mar 17
Analysts Are More Bearish On Top Glove Corporation Bhd. (KLSE:TOPGLOV) Than They Used To Be

Is Top Glove Corporation Bhd. (KLSE:TOPGLOV) Worth RM0.8 Based On Its Intrinsic Value?

Feb 22
Is Top Glove Corporation Bhd. (KLSE:TOPGLOV) Worth RM0.8 Based On Its Intrinsic Value?

Is Top Glove Corporation Bhd (KLSE:TOPGLOV) Using Debt Sensibly?

Feb 01
Is Top Glove Corporation Bhd (KLSE:TOPGLOV) Using Debt Sensibly?

Analysts Just Shaved Their Top Glove Corporation Bhd. (KLSE:TOPGLOV) Forecasts Dramatically

Dec 15
Analysts Just Shaved Their Top Glove Corporation Bhd. (KLSE:TOPGLOV) Forecasts Dramatically

Here's Why Top Glove Corporation Bhd (KLSE:TOPGLOV) Can Manage Its Debt Responsibly

Oct 31
Here's Why Top Glove Corporation Bhd (KLSE:TOPGLOV) Can Manage Its Debt Responsibly

Analysts Just Slashed Their Top Glove Corporation Bhd. (KLSE:TOPGLOV) EPS Numbers

Sep 26
Analysts Just Slashed Their Top Glove Corporation Bhd. (KLSE:TOPGLOV) EPS Numbers

Top Glove Corporation Bhd (KLSE:TOPGLOV) Has Some Way To Go To Become A Multi-Bagger

Sep 16
Top Glove Corporation Bhd (KLSE:TOPGLOV) Has Some Way To Go To Become A Multi-Bagger

We Think Top Glove Corporation Bhd (KLSE:TOPGLOV) Can Stay On Top Of Its Debt

Jul 18
We Think Top Glove Corporation Bhd (KLSE:TOPGLOV) Can Stay On Top Of Its Debt

The Consensus EPS Estimates For Top Glove Corporation Bhd. (KLSE:TOPGLOV) Just Fell Dramatically

Jun 14
The Consensus EPS Estimates For Top Glove Corporation Bhd. (KLSE:TOPGLOV) Just Fell Dramatically

Financial Position Analysis

Short Term Liabilities: TOPGLOV's short term assets (MYR1.8B) exceed its short term liabilities (MYR898.1M).

Long Term Liabilities: TOPGLOV's short term assets (MYR1.8B) exceed its long term liabilities (MYR176.4M).


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 92.8% to 7.6% over the past 5 years.

Debt Coverage: TOPGLOV's debt is well covered by operating cash flow (26.4%).

Interest Coverage: Insufficient data to determine if TOPGLOV's interest payments on its debt are well covered by EBIT.


Balance Sheet


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