Cubex Tubings Balance Sheet Health
Financial Health criteria checks 5/6
Cubex Tubings has a total shareholder equity of ₹671.7M and total debt of ₹126.0M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are ₹1.0B and ₹347.3M respectively. Cubex Tubings's EBIT is ₹60.1M making its interest coverage ratio 188.9. It has cash and short-term investments of ₹29.8M.
Key information
18.8%
Debt to equity ratio
₹126.03m
Debt
Interest coverage ratio | 188.9x |
Cash | ₹29.83m |
Equity | ₹671.67m |
Total liabilities | ₹347.35m |
Total assets | ₹1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526027's short term assets (₹726.6M) exceed its short term liabilities (₹330.8M).
Long Term Liabilities: 526027's short term assets (₹726.6M) exceed its long term liabilities (₹16.6M).
Debt to Equity History and Analysis
Debt Level: 526027's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: 526027's debt to equity ratio has increased from 12.6% to 18.8% over the past 5 years.
Debt Coverage: 526027's debt is well covered by operating cash flow (31.4%).
Interest Coverage: 526027's interest payments on its debt are well covered by EBIT (188.9x coverage).