Top Glove Bhd (SGX:BVA) Scaled Net Operating Assets : 0.78 (As of May. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Top Glove Bhd Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Top Glove Bhd's operating assets for the quarter that ended in May. 2024 was S$1,708.9 Mil. Top Glove Bhd's operating liabilities for the quarter that ended in May. 2024 was S$173.3 Mil. Top Glove Bhd's Total Assets for the quarter that ended in Feb. 2024 was S$1,974.1 Mil. Therefore, Top Glove Bhd's scaled net operating assets (SNOA) for the quarter that ended in May. 2024 was 0.78.

Top Glove Bhd Scaled Net Operating Assets Historical Data

The historical data trend for Top Glove Bhd's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Top Glove Bhd Scaled Net Operating Assets Chart

Top Glove Bhd Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Scaled Net Operating Assets

Get a 7-Day Free Trial

0.88

0.67

0.59

0.63

0.65

Top Glove Bhd Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.78	0.72	0.76	0.76	0.78

Competitive Comparison of Top Glove Bhd's Scaled Net Operating Assets

For the Medical Instruments & Supplies subindustry, Top Glove Bhd's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Top Glove Bhd's Scaled Net Operating Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Top Glove Bhd's Scaled Net Operating Assets falls into.

Top Glove Bhd Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Top Glove Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Aug. 2023 )
=	(Operating Assets (A: Aug. 2023 )	-	Operating Liabilities (A: Aug. 2023 ))	/	Total Assets (A: Aug. 2022 )
=	(1793.049	-	162.231)	/	2516.358
=	0.65

where

	Operating Assets		(A: Aug. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2069.335	-	276.286
=	1793.049

	Operating Liabilities		(A: Aug. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	332.736	-	11.657	-	158.848
=	162.231

Top Glove Bhd's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: May. 2024 )
=	(Operating Assets (Q: May. 2024 )	-	Operating Liabilities (Q: May. 2024 ))	/	Total Assets (Q: Feb. 2024 )
=	(1708.912	-	173.34)	/	1974.09
=	0.78

where

	Operating Assets		(Q: May. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1983.533	-	274.621
=	1708.912

	Operating Liabilities		(Q: May. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	307.808	-	6.97	-	127.498
=	173.34

Top Glove Bhd Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Top Glove Bhd's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Top Glove Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Top Glove Corp Bhd (SGX:BVA) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

TPGVF:USA TGLVY:USA 7113:Malaysia

Address

16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170

Website

https://www.topglove.com

Top Glove Corp Bhd manufactures and sells gloves through several product lines to a diverse group of world-wide customers. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. Top Glove's products are utilized in an array of end markets such as aerospace, food, Personal care, medical care, oral care and home care. Traditionally, the company has derived over half of its sales from its nitrile and powdered latex product lines, with customers in North America and Europe generating the majority demand.

Top Glove Bhd Headlines

No Headlines