Cubic Korea Balance Sheet Health
Financial Health criteria checks 6/6
Cubic Korea has a total shareholder equity of ₩86.5B and total debt of ₩23.2B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are ₩173.3B and ₩86.8B respectively. Cubic Korea's EBIT is ₩10.6B making its interest coverage ratio 14.2. It has cash and short-term investments of ₩13.4B.
Key information
26.8%
Debt to equity ratio
₩23.20b
Debt
| Interest coverage ratio | 14.2x |
| Cash | ₩13.38b |
| Equity | ₩86.50b |
| Total liabilities | ₩86.80b |
| Total assets | ₩173.29b |
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
Does 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 (₩111.6B) exceed its short term liabilities (₩81.8B).
Long Term Liabilities: A021650's short term assets (₩111.6B) exceed its long term liabilities (₩5.0B).
Debt to Equity History and Analysis
Debt Level: A021650's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: A021650's debt to equity ratio has reduced from 77.8% to 26.8% over the past 5 years.
Debt Coverage: A021650's debt is well covered by operating cash flow (53.5%).
Interest Coverage: A021650's interest payments on its debt are well covered by EBIT (14.2x coverage).