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Cubic (CUB) Debt-to-Equity : 1.09 (As of Mar. 2021)


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What is Cubic Debt-to-Equity?

Cubic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $290 Mil. Cubic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $721 Mil. Cubic's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $928 Mil. Cubic's debt to equity for the quarter that ended in Mar. 2021 was 1.09.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cubic's Debt-to-Equity or its related term are showing as below:

CUB's Debt-to-Equity is not ranked *
in the Aerospace & Defense industry.
Industry Median: 0.445
* Ranked among companies with meaningful Debt-to-Equity only.

Cubic Debt-to-Equity Historical Data

The historical data trend for Cubic's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cubic Debt-to-Equity Chart

Cubic Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.37 0.30 0.48 0.94

Cubic Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 1.07 0.94 0.96 1.09

Competitive Comparison of Cubic's Debt-to-Equity

For the Aerospace & Defense subindustry, Cubic's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cubic's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cubic's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cubic's Debt-to-Equity falls into.



Cubic Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cubic's Debt to Equity Ratio for the fiscal year that ended in Sep. 2020 is calculated as

Cubic's Debt to Equity Ratio for the quarter that ended in Mar. 2021 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cubic  (NYSE:CUB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Cubic Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Cubic's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Cubic (CUB) Business Description

Traded in Other Exchanges
N/A
Address
9333 Balboa Avenue, San Diego, CA, USA, 92123
Cubic Corp is an international provider of systems and solutions for the mass transit and global defense markets. It uses three segments for financial reporting: Cubic transportation systems, Cubic mission solutions, and Cubic global defense systems. The company integrates payment and information solutions for travel applications. It allows people to choose a cost- and time-effective way to travel and helps transportation authorities manage demand across entire networks. The global defense segments provide training and operational support for multiple branches of the U.S. military. Approximately half of the total revenue is derived from the United States, with the United Kingdom and Australia also producing material sales.
Executives
Mark Harrison officer: SVP/Chief Accounting Officer 9333 BALBOA AVE SAN DIEGO CA 92123
Jeffrey B. Lowinger officer: President, CTS - SVP, CORP 9333 BALBOA AVENUE SAN DIEGO CA 92123
Carolyn A. Flowers director C/O CUBIC CORPORATION 9333 BALBOA AVENUE SAN DIEGO CA 92123
Hilary Hageman officer: SVP, General Counsel, & Sec 9333 BALBOA AVENUE, SAN DIEGO CA 92123
Michael Knowles officer: President, CMPS - SVP, CORP 9333 BALBOA AVENUE, SAN DIEGO CA 92123
Rhys V Williams officer: VP, Treasurer PO BOX 85587 SAN DIEGO X1 92186-5587
Anshooman Aga officer: EVP/CFO PO BOX 85587, SAN DIEGO CA 92186-5587
Janice M. Hamby director P.O. BOX 85587 SAN DIEGO CA 92186
Steven John Norris director PO BOX 85587, SAN DIEGO CA 92186
Bruce G Blakley director 1045 MOANA DRIVE SAN DIEGO CA 92107
Bradley H Feldmann director, officer: Chairman/President/CEO C/O MANTECH INTERNATIONAL CORP 12015 LEE JACKSON HWY FAIRFAX VA 22033
Grace G. Lee officer: SVP, Chief HR & Diversity Ofc. C/O CUBIC CORPORATION, 9333 BALBOA AVENUE, SAN DIEGO CA 92123
Denise L Devine director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Prithviraj Banerjee director C/O CRAY INC., 901 FIFTH AVENUE, SUITE 1000, SEATTLE WA 98164
David F Melcher director 1650 TYSONS BOULEVARD, SUITE 1700, MCLEAN VA 22102