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Hub Tech (WAR:HUB) Interest Expense : zł-0.8 Mil (TTM As of Mar. 2024)


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What is Hub Tech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hub Tech's interest expense for the three months ended in Mar. 2024 was zł -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-0.8 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Hub Tech's Operating Income for the three months ended in Mar. 2024 was zł 10.4 Mil. Hub Tech's Interest Expense for the three months ended in Mar. 2024 was zł -0.1 Mil. Hub Tech's Interest Coverage for the quarter that ended in Mar. 2024 was 182.25. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Hub Tech Interest Expense Historical Data

The historical data trend for Hub Tech's Interest Expense 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.

Hub Tech Interest Expense Chart

Hub Tech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.35 -0.39 -0.56 -0.91

Hub Tech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense 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 -0.13 -0.15 -0.56 -0.09 -0.06

Hub Tech Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-0.8 Mil.

* 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.


Hub Tech  (WAR:HUB) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hub Tech's Interest Expense for the three months ended in Mar. 2024 was zł-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł10.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł0.0 Mil.

Hub Tech's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*10.388/-0.057
=182.25

* 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.

The higher the ratio, the stronger the company's financial strength is.


Hub Tech (WAR:HUB) Business Description

Traded in Other Exchanges
N/A
Address
Wojska Polskiego 65 Street, Bydgoszcz, POL, 85-825
Hub Tech SA formerly Boruta-Zachem SA operates within the chemical industry and provides solutions for many of the sectors of the economy. The company operation focuses on three main fields such as the production of dyestuffs and pigments, the production of biosurfactants used in chemical and cosmetics industry and research & development of innovative chemical solutions.

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