Scribd Logo
Upload

Welcome to Scribd!

  • Bkar 2013 Fsa

    Uploaded by

    mohd rei
    3 views3 pages
    The document compares financial metrics of two companies, Kossan Rubber Industries Berhad and Top Glove Corporation Bhd, over four years from 2018 to 2021. It analyzes the companies' debt-to-assets ratio, debt-to-equity ratio, and time interest earned ratio. For both companies, the debt-to-assets and debt-to-equity ratios generally decreased from 2018 to 2021, while the time interest earned ratio increased over the same period.

    Original Description:

    Original Title

    BKAR 2013 FSA

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document compares financial metrics of two companies, Kossan Rubber Industries Berhad and Top Glove Corporation Bhd, over four years from 2018 to 2021. It analyzes the companies' debt-to-assets ratio, debt-to-equity ratio, and time interest earned ratio. For both companies, the debt-to-assets and debt-to-equity ratios generally decreased from 2018 to 2021, while the time interest earned ratio increased over the same period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views3 pages

    Bkar 2013 Fsa

    Uploaded by

    mohd rei
    The document compares financial metrics of two companies, Kossan Rubber Industries Berhad and Top Glove Corporation Bhd, over four years from 2018 to 2021. It analyzes the companies' debt-to-assets ratio, debt-to-equity ratio, and time interest earned ratio. For both companies, the debt-to-assets and debt-to-equity ratios generally decreased from 2018 to 2021, while the time interest earned ratio increased over the same period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Debt-to-assets ratio

    Kossan Rubber Industries Berhad Top Glove Corporation Bhd


    Total Liabilities ( Total Assets (RM '000)Total Liabilities (RMTotal Assets (RM '000)
    2021 1,019,428 5,079,777 2,562,264 9,782,424
    2020 1,220,736 3,633,975 2,515,081 8,705,964
    2019 926,234 2,377,245 3,134,064 5,688,205
    2018 805,853 2,148,227 2,898,954 5,297,350

    Debt-to-equity ratio
    Kossan Rubber Industries Berhad Top Glove Corporation Bhd
    Total Liabilities ( Total Owner's Equity Total Liabilities (RMTotal Owner's Equity (RM '000)
    2021 1,019,428 4,060,349 2,562,264 7,220,160
    2020 1,220,736 2,413,329 2,515,081 6,190,883
    2019 926,234 1,451,011 3,134,064 2,554,141
    2018 805,853 1,342,374 2,898,954 2,398,396

    Time interest earned


    Kossan Rubber Industries Berhad Top Glove Corporation Bhd
    EBIT/Operating InInterest Expense/ Fin EBIT/Operating Inc Interest Expense/Finance Cost (RM '000)
    2021 3,721,871 8,276 10038000 4,187
    2020 1,446,715 14,963 2199950 34,399
    2019 287,690 15,567 503189 79,601
    2018 264,351 19,504 559572 36,772

    Debt-to-assets ratio Debt


    Debt-to-assets ratio Kossan Rubber Industries Bhd Debt-to-equi
    Top Glove Corporation Bhd Top Glove C
    0.6 1.4
    0.55 0.55
    0.5 1.2 1.21

    1
    0.4 0.39
    0.38
    0.34 0.8
    0.3 0.29
    0.26 0.6 0.60
    0.2 0.20
    0.4
    0.1 0.2

    0 0
    2018 2019 2020 2021 2018
    Debt-to-assets ratio
    Year
    Kossan Rubber Industries Bhd Top Glove Corporation Bhd

    2018 0.38 0.55


    2019 0.39 0.55
    2020 0.34 0.29
    2021 0.20 0.26

    Debt-to-equity ratio
    Year
    Kossan Rubber Industries Bhd Top Glove Corporation Bhd

    2018 0.60 1.21


    2019 0.64 1.23
    2020 0.51 0.41
    2021 0.25 0.35

    Time interest earned


    Year
    Kossan Rubber Industries Bhd Top Glove Corporation Bhd

    2018 13.55 15.22


    2019 18.48 6.32
    2020 96.69 63.95
    2021 449.72 2397.42

    Debt-to-equity ratio Time interest earned


    Debt-to-equity ratio Kossan Rubber Industries Bhd Time interest earned Kossan Rubber Industries Bhd
    Top Glove Corporation Bhd Top Glove Corporation Bhd
    3000

    1.21 1.23 2500

    2000

    1500
    0.60 0.64
    0.51 1000
    0.41
    0.35
    0.25 500

    0 15.22
    13.55 18.48
    6.32 96.69
    63.95
    2018 2019 2020 2021 2018 2019 2020
    e interest earned
    st earned Kossan Rubber Industries Bhd
    Corporation Bhd

    2397.42

    449.72

    18.48
    6.32 96.69
    63.95
    2019 2020 2021

    You might also like