GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hurco Companies Inc (NAS:HURC) » Definitions » Debt-to-Equity

Hurco (HURC) Debt-to-Equity : 0.06 (As of Jan. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Hurco Debt-to-Equity?

Hurco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $3.9 Mil. Hurco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $8.5 Mil. Hurco's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $224.6 Mil. Hurco's debt to equity for the quarter that ended in Jan. 2024 was 0.06.

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 Hurco's Debt-to-Equity or its related term are showing as below:

HURC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.06
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Hurco was 0.06. The lowest was 0.01. And the median was 0.02.

HURC's Debt-to-Equity is ranked better than
81.61% of 2621 companies
in the Industrial Products industry
Industry Median: 0.28 vs HURC: 0.06

Hurco Debt-to-Equity Historical Data

The historical data trend for Hurco'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.

Hurco Debt-to-Equity Chart

Hurco Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.05 0.05 0.04 0.05

Hurco Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.04 0.04 0.05 0.05 0.06

Competitive Comparison of Hurco's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Hurco'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.


Hurco's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hurco's Debt-to-Equity distribution charts can be found below:

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



Hurco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hurco's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Hurco's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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.


Hurco  (NAS:HURC) 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.


Hurco Debt-to-Equity Related Terms

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


Hurco (HURC) Business Description

Traded in Other Exchanges
Address
One Technology Way, Indianapolis, IN, USA, 46268
Hurco Companies Inc is a United States-based industrial technology company. It designs, manufactures, and sells computerized machine tools, consisting mainly of vertical machining centers and turning centers, to companies in the metal working industry through sales, service and distribution network. The company concentrated on designing user-friendly computer control systems that can be operated by both skilled and unskilled machine tool operators. It generates maximum revenue from the Computerized Machine Tools product. Geographically, It derives a majority of revenue from the United States of America. Its product categories include 5-Axis VMC; 3-Axis VMC; Horizontal MC and Turning Centers.
Executives
Michael Doar director, officer: Chairman & CEO ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Jonathon D. Wright officer: General Counsel/Corp Secretary ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC>, INDIANAPOLIS IN 46268
Richard R. Porter director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Haiquynh Jamison officer: Corporate Controller ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC., INDIANAPOLIS IN 46268
Gregory S Volovic officer: EVP-Technology and Operations ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Sonja K Mcclelland officer: Chief Financial Officer ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Thomas A. Aaro director C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Timothy J Gardner director 3600 WEST LAKE AVENUE, GLENVIEW IL 60026
Robert W Cruickshank director
Cynthia S Dubin director 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Janaki Sivanesan director 575 MADISON AVENUE, NEW YORK NY 10022
Jay C. Longbottom director C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Andrew Sheeley Niner director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald G. Strackbein director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268

Hurco (HURC) Headlines

From GuruFocus

Hurco Announces Quarterly Cash Dividend

By sperokesalga sperokesalga 06-09-2023

Hurco Companies, Inc. Announces Quarterly Cash Dividend

By Marketwired Marketwired 09-12-2018

Hurco Announces Quarterly Cash Dividend

By Marketwired Marketwired 06-12-2020

Hurco Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 03-11-2022

Hurco Companies, Inc. Announces Quarterly Cash Dividend

By Value_Insider Value_Insider 11-15-2022

Hurco Companies, Inc. Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 06-30-2022

Hurco Announces Cash Dividend

By Marketwired Marketwired 03-15-2019