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Top Glove Corporation Bhd Stock

Top Glove Corporation Bhd Debt 2024

Top Glove Corporation Bhd Debt

1.7 MYR

Ticker

TOPGLOV.KL

ISIN

MYL7113OO003

WKN

358038

In 2024, Top Glove Corporation Bhd's total debt was 1.7 MYR, a -100.49% change from the -344.51 MYR total debt recorded in the previous year.

Top Glove Corporation Bhd Aktienanalyse

What does Top Glove Corporation Bhd do?

The Top Glove Corporation Bhd is a Malaysian company specializing in the production of gloves. It was founded in 1991 by Tan Sri Lim Wee Chai and is headquartered in Klang, Selangor. Since its inception, Top Glove has become a leading manufacturer of medical and industrial gloves and is now the world's largest glove manufacturer. The business model of Top Glove is based on the production and sale of gloves. The company is divided into two main segments: Medical gloves and industrial gloves. Medical gloves include disposable gloves used in hospitals, pharmacies, and other medical facilities. Industrial gloves are mainly used in manufacturing, food processing, and other industries. Top Glove's product range includes latex gloves, nitrile gloves, and vinyl gloves in various sizes and colors. Top Glove is divided into three main regions: Malaysia, Thailand, and China. The company operates seventeen factories in Malaysia, five in Thailand, and two in China. It also has sales offices in the USA and Europe. With a production capacity of over 70 billion gloves per year, Top Glove is the largest manufacturer of medical and industrial gloves worldwide. The history of Top Glove began in 1991 with the founding of Top Glove Sdn Bhd in Malaysia. The company established its first factory in Klang, Selangor, and started producing latex gloves. In 1993, Top Glove acquired the brand "Top Glove," which is now globally recognized. In the following years, the company opened more factories and expanded its product range to include nitrile gloves and vinyl gloves. In 2000, Top Glove was listed on the Malaysian stock exchange, and in 2001, the company opened its first factory in Thailand. In 2006, Top Glove acquired a factory in China, and in 2009, the company opened its first sales office in the USA. In the following years, the company continued to expand and open new factories in Malaysia, Thailand, and China. In 2020, Top Glove gained even more attention due to the COVID-19 pandemic, as it is one of the main suppliers of gloves to the medical sector. However, the company has also faced criticism for past allegations of human rights violations against its foreign workers. Overall, Top Glove is a significant player in the market for medical and industrial gloves. The company has an impressive success story and is well positioned to continue playing a leading role in the industry. Top Glove Corporation Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Top Glove Corporation Bhd's Debt Structure

Top Glove Corporation Bhd's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Top Glove Corporation Bhd's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Top Glove Corporation Bhd’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Top Glove Corporation Bhd’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Top Glove Corporation Bhd stock

What is the debt of Top Glove Corporation Bhd this year?

Top Glove Corporation Bhd has a debt level of 1.7 MYR this year.

What was the debt of Top Glove Corporation Bhd compared to the previous year?

The debt of Top Glove Corporation Bhd has increased by -100.49% compared to the previous year dropped.

What are the consequences of high debt for investors in Top Glove Corporation Bhd?

High debt can pose a risk for investors of Top Glove Corporation Bhd, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Top Glove Corporation Bhd?

Low debt means that Top Glove Corporation Bhd has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Top Glove Corporation Bhd affect the company?

An increase in debt of Top Glove Corporation Bhd can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Top Glove Corporation Bhd affect the company?

A reduction in debt of Top Glove Corporation Bhd can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Top Glove Corporation Bhd?

Some factors that can influence the debt of Top Glove Corporation Bhd include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Top Glove Corporation Bhd so important for investors?

The debts of Top Glove Corporation Bhd are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Top Glove Corporation Bhd take to change the debt?

To change the debt, Top Glove Corporation Bhd can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Top Glove Corporation Bhd pay?

Over the past 12 months, Top Glove Corporation Bhd paid a dividend of 0.43 MYR . This corresponds to a dividend yield of about 40.09 %. For the coming 12 months, Top Glove Corporation Bhd is expected to pay a dividend of 0 MYR.

What is the dividend yield of Top Glove Corporation Bhd?

The current dividend yield of Top Glove Corporation Bhd is 40.09 %.

When does Top Glove Corporation Bhd pay dividends?

Top Glove Corporation Bhd pays a quarterly dividend. This is distributed in the months of April, July, November, January.

How secure is the dividend of Top Glove Corporation Bhd?

Top Glove Corporation Bhd paid dividends every year for the past 3 years.

What is the dividend of Top Glove Corporation Bhd?

For the upcoming 12 months, dividends amounting to 0 MYR are expected. This corresponds to a dividend yield of 0 %.

In which sector is Top Glove Corporation Bhd located?

Top Glove Corporation Bhd is assigned to the 'Health' sector.

Wann musste ich die Aktien von Top Glove Corporation Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Top Glove Corporation Bhd from 1/10/2022 amounting to 0.012 MYR, you needed to have the stock in your portfolio before the ex-date on 12/24/2021.

When did Top Glove Corporation Bhd pay the last dividend?

The last dividend was paid out on 1/10/2022.

What was the dividend of Top Glove Corporation Bhd in the year 2023?

In the year 2023, Top Glove Corporation Bhd distributed 0 MYR as dividends.

In which currency does Top Glove Corporation Bhd pay out the dividend?

The dividends of Top Glove Corporation Bhd are distributed in MYR.

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Andere Kennzahlen von Top Glove Corporation Bhd

Our stock analysis for Top Glove Corporation Bhd Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Top Glove Corporation Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.