Cubic Korea Balance Sheet Health
Financial Health criteria checks 6/6
Cubic Korea has a total shareholder equity of ₩91.0B and total debt of ₩22.4B, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are ₩182.6B and ₩91.6B respectively. Cubic Korea's EBIT is ₩11.9B making its interest coverage ratio 14.2. It has cash and short-term investments of ₩19.5B.
Key information
24.6%
Debt to equity ratio
₩22.36b
Debt
| Interest coverage ratio | 14.2x |
| Cash | ₩19.49b |
| Equity | ₩90.99b |
| Total liabilities | ₩91.60b |
| Total assets | ₩182.59b |
Recent financial health updates
Does Cubic Korea (KOSDAQ:021650) Have A Healthy Balance Sheet?
Apr 30
Here's Why Cubic Korea (KOSDAQ:021650) Can Manage Its Debt Responsibly
Jan 23Recent updates
Improved Earnings Required Before Cubic Korea Inc. (KOSDAQ:021650) Shares Find Their Feet
Nov 14Does Cubic Korea (KOSDAQ:021650) Have A Healthy Balance Sheet?
Apr 30Is Cubic Korea Inc. (KOSDAQ:021650) An Attractive Dividend Stock?
Apr 08Does Cubic Korea (KOSDAQ:021650) Have The Makings Of A Multi-Bagger?
Mar 09Here's Why I Think Cubic Korea (KOSDAQ:021650) Might Deserve Your Attention Today
Feb 22Are Strong Financial Prospects The Force That Is Driving The Momentum In Cubic Korea Inc.'s KOSDAQ:021650) Stock?
Feb 07
Here's Why Cubic Korea (KOSDAQ:021650) Can Manage Its Debt Responsibly
Jan 23Why Cubic Korea Inc. (KOSDAQ:021650) Is A Dividend Rockstar
Jan 08Cubic Korea Inc. (KOSDAQ:021650) Looks Interesting, And It's About To Pay A Dividend
Dec 24Update: Cubic Korea (KOSDAQ:021650) Stock Gained 49% In The Last Three Years
Dec 14Should We Be Excited About The Trends Of Returns At Cubic Korea (KOSDAQ:021650)?
Nov 29Financial Position Analysis
Short Term Liabilities: A021650's short term assets (₩122.2B) exceed its short term liabilities (₩87.2B).
Long Term Liabilities: A021650's short term assets (₩122.2B) exceed its long term liabilities (₩4.4B).
Debt to Equity History and Analysis
Debt Level: A021650's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: A021650's debt to equity ratio has reduced from 73.9% to 24.6% over the past 5 years.
Debt Coverage: A021650's debt is well covered by operating cash flow (89.7%).
Interest Coverage: A021650's interest payments on its debt are well covered by EBIT (14.2x coverage).