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Huber& Suhner AG (XSWX:HUBN) Interest Coverage : 107.76 (As of Jun. 2024)


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What is Huber& Suhner AG Interest Coverage?

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. Huber& Suhner AG's Operating Income for the six months ended in Jun. 2024 was CHF41.5 Mil. Huber& Suhner AG's Interest Expense for the six months ended in Jun. 2024 was CHF-0.4 Mil. Huber& Suhner AG's interest coverage for the quarter that ended in Jun. 2024 was 107.76. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Huber& Suhner AG has no debt.

The historical rank and industry rank for Huber& Suhner AG's Interest Coverage or its related term are showing as below:

XSWX:HUBN' s Interest Coverage Range Over the Past 10 Years
Min: 187.21   Med: 610.24   Max: 2096.19
Current: 187.21


XSWX:HUBN's Interest Coverage is ranked better than
86.41% of 1582 companies
in the Hardware industry
Industry Median: 13.475 vs XSWX:HUBN: 187.21

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


Huber& Suhner AG Interest Coverage Historical Data

The historical data trend for Huber& Suhner AG'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.

* Premium members only.

Huber& Suhner AG Interest Coverage Chart

Huber& Suhner AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 624.07 287.32 191.18 596.40 2,096.19

Huber& Suhner AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Coverage 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 85.55 No Debt 29.65 No Debt 107.76

Competitive Comparison of Huber& Suhner AG's Interest Coverage

For the Communication Equipment subindustry, Huber& Suhner AG'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.


Huber& Suhner AG's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Huber& Suhner AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Huber& Suhner AG's Interest Coverage falls into.



Huber& Suhner AG Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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

Huber& Suhner AG's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Huber& Suhner AG's Interest Expense was CHF-0.0 Mil. Its Operating Income was CHF77.6 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*77.559/-0.037
=2,096.19

Huber& Suhner AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, Huber& Suhner AG's Interest Expense was CHF-0.4 Mil. Its Operating Income was CHF41.5 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*41.486/-0.385
=107.76

* 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.


Huber& Suhner AG  (XSWX:HUBN) 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 .


Huber& Suhner AG Interest Coverage Related Terms

Thank you for viewing the detailed overview of Huber& Suhner AG's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Huber& Suhner AG Business Description

Traded in Other Exchanges
Address
Degersheimerstrasse 14, Herisau, CHE, 9100
Huber& Suhner AG is a Switzerland-based company that manufactures and distributes electrical and optical connectivity systems and components that serve communication, transportation, aerospace, defense, testing and measurement, and industrial end markets. The company has three reportable segments such as Industry, Communication and Transportation. It generates the majority of revenue from Industry segment. Its product portfolio includes radio frequency and microwave products; fiber-optic products involving ultra-high data transmission speeds; low-frequency products such as databus, signal, and power cables; and passive components such as cables, connectors, assemblies, and antennas.

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