Cub Elecparts Balance Sheet Health
Financial Health criteria checks 3/6
Cub Elecparts has a total shareholder equity of NT$5.4B and total debt of NT$3.9B, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are NT$10.6B and NT$5.2B respectively. Cub Elecparts's EBIT is NT$311.2M making its interest coverage ratio 10.1. It has cash and short-term investments of NT$1.7B.
Key information
72.4%
Debt to equity ratio
NT$3.91b
Debt
| Interest coverage ratio | 10.1x |
| Cash | NT$1.68b |
| Equity | NT$5.41b |
| Total liabilities | NT$5.20b |
| Total assets | NT$10.61b |
Recent financial health updates
We Think Cub Elecparts (TWSE:2231) Is Taking Some Risk With Its Debt
Aug 09
Is Cub Elecparts (TPE:2231) Using Too Much Debt?
Mar 16We Think Cub Elecparts (TPE:2231) Can Stay On Top Of Its Debt
Nov 30Recent updates
We Think Cub Elecparts (TWSE:2231) Is Taking Some Risk With Its Debt
Aug 09There's Reason For Concern Over Cub Elecparts Inc.'s (TWSE:2231) Massive 30% Price Jump
Jun 11Weak 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$6.4B) exceed its short term liabilities (NT$2.6B).
Long Term Liabilities: 2231's short term assets (NT$6.4B) exceed its long term liabilities (NT$2.6B).
Debt to Equity History and Analysis
Debt Level: 2231's net debt to equity ratio (41.3%) is considered high.
Reducing Debt: 2231's debt to equity ratio has increased from 42.9% to 72.4% 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 (10.1x coverage).