Kuber Resources Balance Sheet Health
Financial Health criteria checks 5/6
Kuber Resources has a total shareholder equity of $4.7M and total debt of $472.6K, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are $6.8M and $2.0M respectively. Kuber Resources's EBIT is $2.5M making its interest coverage ratio -1373.3. It has cash and short-term investments of $156.5K.
Key information
10.0%
Debt to equity ratio
US$472.56k
Debt
Interest coverage ratio | -1373.3x |
Cash | US$156.47k |
Equity | US$4.72m |
Total liabilities | US$2.04m |
Total assets | US$6.76m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KUBR's short term assets ($4.7M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: KUBR's short term assets ($4.7M) exceed its long term liabilities ($49.9K).
Debt to Equity History and Analysis
Debt Level: KUBR's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: KUBR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: KUBR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KUBR earns more interest than it pays, so coverage of interest payments is not a concern.