Cubic invariants for two-dimensional degenerate Hamiltonian systems are considered by using variables of separation of the associated Stäckel problems with quadratic integrals of motion. For the superintegrable Stäckel systems the cubic invariant is shown to admit new algebro-geometric representation that is far more elementary than the all the known representations in physical variables. A complete list of all known systems on the plane which admit a cubic invariant is discussed.