Cubex Tubings Balance Sheet Health
Financial Health criteria checks 4/6
Cubex Tubings has a total shareholder equity of ₹714.1M and total debt of ₹283.0M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are ₹1.3B and ₹545.6M respectively. Cubex Tubings's EBIT is ₹61.9M making its interest coverage ratio 6.4. It has cash and short-term investments of ₹24.2M.
Key information
39.6%
Debt to equity ratio
₹283.03m
Debt
| Interest coverage ratio | 6.4x |
| Cash | ₹24.16m |
| Equity | ₹714.05m |
| Total liabilities | ₹545.63m |
| Total assets | ₹1.26b |
Recent financial health updates
Cubex Tubings (NSE:CUBEXTUB) Seems To Use Debt Quite Sensibly
Sep 27
We Think Cubex Tubings (NSE:CUBEXTUB) Can Stay On Top Of Its Debt
Jan 13Is Cubex Tubings (NSE:CUBEXTUB) A Risky Investment?
Sep 13Does Cubex Tubings (NSE:CUBEXTUB) Have A Healthy Balance Sheet?
May 25Recent updates
Cubex Tubings (NSE:CUBEXTUB) Seems To Use Debt Quite Sensibly
Sep 27After Leaping 25% Cubex Tubings Limited (NSE:CUBEXTUB) Shares Are Not Flying Under The Radar
Jul 25Cubex Tubings Limited (NSE:CUBEXTUB) Stocks Shoot Up 29% But Its P/E Still Looks Reasonable
Apr 26Here's Why We Think Cubex Tubings (NSE:CUBEXTUB) Is Well Worth Watching
Mar 19Investors Still Aren't Entirely Convinced By Cubex Tubings Limited's (NSE:CUBEXTUB) Earnings Despite 29% Price Jump
Feb 16We Think Cubex Tubings (NSE:CUBEXTUB) Can Stay On Top Of Its Debt
Jan 13With EPS Growth And More, Cubex Tubings (NSE:CUBEXTUB) Makes An Interesting Case
Nov 13Is Cubex Tubings (NSE:CUBEXTUB) A Risky Investment?
Sep 13With EPS Growth And More, Cubex Tubings (NSE:CUBEXTUB) Makes An Interesting Case
Jul 26Does Cubex Tubings (NSE:CUBEXTUB) Have A Healthy Balance Sheet?
May 25Here's Why Cubex Tubings (NSE:CUBEXTUB) Has Caught The Eye Of Investors
Feb 28Here's Why We Think Cubex Tubings (NSE:CUBEXTUB) Is Well Worth Watching
Nov 08We Ran A Stock Scan For Earnings Growth And Cubex Tubings (NSE:CUBEXTUB) Passed With Ease
Jul 06Do Cubex Tubings's (NSE:CUBEXTUB) Earnings Warrant Your Attention?
Apr 07With EPS Growth And More, Cubex Tubings (NSE:CUBEXTUB) Is Interesting
Jan 03If You Like EPS Growth Then Check Out Cubex Tubings (NSE:CUBEXTUB) Before It's Too Late
Oct 04Should You Be Adding Cubex Tubings (NSE:CUBEXTUB) To Your Watchlist Today?
Mar 31Is Now The Time To Put Cubex Tubings (NSE:CUBEXTUB) On Your Watchlist?
Dec 31Calculating The Intrinsic Value Of Cubex Tubings Limited (NSE:CUBEXTUB)
Sep 17Financial Position Analysis
Short Term Liabilities: CUBEXTUB's short term assets (₹949.2M) exceed its short term liabilities (₹526.4M).
Long Term Liabilities: CUBEXTUB's short term assets (₹949.2M) exceed its long term liabilities (₹19.2M).
Debt to Equity History and Analysis
Debt Level: CUBEXTUB's net debt to equity ratio (36.3%) is considered satisfactory.
Reducing Debt: CUBEXTUB's debt to equity ratio has increased from 10.1% to 39.6% over the past 5 years.
Debt Coverage: CUBEXTUB's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: CUBEXTUB's interest payments on its debt are well covered by EBIT (6.4x coverage).