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
by its Interest Expense. CubicFarm Systems's
Operating Income
for the
three
months ended in Sep. 2024 was C$-0.58 Mil. CubicFarm Systems's Interest Expense for the
three
months ended in Sep. 2024 was C$-0.68 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for CubicFarm Systems's Interest Coverage or its related term are showing as below:
TSXV:CUB's Interest Coverage is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 9.33 * Ranked among companies with meaningful Interest Coverage only.
CubicFarm Systems (TSXV:CUB) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
CubicFarm Systems Interest Coverage Related Terms
CubicFarm Systems Interest Coverage Historical Data
* Premium members only.
The historical data trend for CubicFarm Systems's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
TSXV:CUB vs LEVGQ, NKLAQ, UGRO: Interest Coverage Comparison
For the Farm & Heavy Construction Machinery subindustry, CubicFarm Systems's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.
CubicFarm Systems Interest Coverage vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, CubicFarm Systems's Interest Coverage distribution charts can be found below:
* The bar in red indicates where CubicFarm Systems's Interest Coverage falls into.
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:
CubicFarm Systems did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
CubicFarm Systems (TSXV:CUB) has a Interest Coverage of 0 (At Loss) as of Sep. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CubicFarm Systems and its competitors.
Is CubicFarm Systems' Interest Coverage too high?
CubicFarm Systems' current Interest Coverage is 0 (At Loss). Overall, CubicFarm Systems has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does CubicFarm Systems' Interest Coverage compare to LEVGQ and NKLAQ?
CubicFarm Systems' Interest Coverage of 0 (At Loss) can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Interest Coverage is 9.33. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Farm & Heavy Construction Machinery company?
The median Interest Coverage among Farm & Heavy Construction Machinery companies is 9.33, based on 168 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CubicFarm Systems and its competitors. For the Farm & Heavy Construction Machinery industry, the median Interest Coverage is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CubicFarm Systems's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CubicFarm Systems stock overvalued right now?
CubicFarm Systems (TSXV:CUB) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). CubicFarm Systems' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For CubicFarm Systems (TSXV:CUB), the current Interest Coverage is 0 (At Loss) as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solutions and automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition, allowing for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.
10GF Score
Get the complete analysis for TSXV:CUB
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:CUB has been successfully added to your 
