Cub Elecparts Balance Sheet Health
Financial Health criteria checks 3/6
Cub Elecparts has a total shareholder equity of NT$5.2B and total debt of NT$3.7B, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are NT$10.3B and NT$5.0B respectively. Cub Elecparts's EBIT is NT$441.8M making its interest coverage ratio 17.6. It has cash and short-term investments of NT$1.2B.
Key information
71.2%
Debt to equity ratio
NT$3.73b
Debt
| Interest coverage ratio | 17.6x |
| Cash | NT$1.19b |
| Equity | NT$5.24b |
| Total liabilities | NT$5.02b |
| Total assets | NT$10.25b |
Recent financial health updates
Is Cub Elecparts (TPE:2231) Using Too Much Debt?
Mar 16
We Think Cub Elecparts (TPE:2231) Can Stay On Top Of Its Debt
Nov 30Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Cub Elecparts (TWSE:2231)
Mar 12There Are Reasons To Feel Uneasy About Cub Elecparts' (TPE:2231) Returns On Capital
Apr 20Is Cub Elecparts (TPE:2231) Using Too Much Debt?
Mar 16Why Cub Elecparts Inc. (TPE:2231) Looks Like A Quality Company
Feb 26Consider This Before Buying Cub Elecparts Inc. (TPE:2231) For The 3.5% Dividend
Jan 22
Our Take On The Returns On Capital At Cub Elecparts (TPE:2231)
Jan 05Cub Elecparts'(TPE:2231) Share Price Is Down 26% Over The Past Five Years.
Dec 18We Think Cub Elecparts (TPE:2231) Can Stay On Top Of Its Debt
Nov 30Financial Position Analysis
Short Term Liabilities: 2231's short term assets (NT$6.1B) exceed its short term liabilities (NT$2.4B).
Long Term Liabilities: 2231's short term assets (NT$6.1B) exceed its long term liabilities (NT$2.6B).
Debt to Equity History and Analysis
Debt Level: 2231's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: 2231's debt to equity ratio has increased from 48.6% to 71.2% over the past 5 years.
Debt Coverage: 2231's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2231's interest payments on its debt are well covered by EBIT (17.6x coverage).