Top Glove Corporation Bhd Balance Sheet Health
Financial Health criteria checks 4/6
Top Glove Bhd has a total shareholder equity of MYR5.8B and total debt of MYR398.0M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are MYR6.9B and MYR1.1B respectively.
Key information
6.8%
Debt to equity ratio
RM 397.99m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 1.00b |
| Equity | RM 5.82b |
| Total liabilities | RM 1.11b |
| Total assets | RM 6.93b |
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 18Recent updates
Top Glove Corporation Bhd. (KLSE:TOPGLOV) Screens Well But There Might Be A Catch
Nov 06Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Intrinsic Value Is Potentially 57% Above Its Share Price
Aug 05Getting In Cheap On Top Glove Corporation Bhd. (KLSE:TOPGLOV) Might Be Difficult
Jul 15Is There An Opportunity With Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) 25% Undervaluation?
May 05Top 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 18Financial Position Analysis
Short Term Liabilities: TOPGLOV's short term assets (MYR1.8B) exceed its short term liabilities (MYR934.7M).
Long Term Liabilities: TOPGLOV's short term assets (MYR1.8B) exceed its long term liabilities (MYR171.2M).
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 94.8% to 6.8% over the past 5 years.
Debt Coverage: TOPGLOV's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: Insufficient data to determine if TOPGLOV's interest payments on its debt are well covered by EBIT.