CubicFarm Systems (FRA:7CU) Interest Expense: €-1.96 Mil (TTM As of Sep. 2024)


FRA:7CU CubicFarm Systems Corp FRA:7CU
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What is CubicFarm Systems Interest Expense?

CubicFarm Systems FRA:7CU 10 Interest Expense is €-1.96 Mil as of Sep. 2024. GuruFocus rates FRA:7CU with a GF Score™ of 10/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CubicFarm Systems's interest expense for the three months ended in Sep. 2024 was € -0.46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-1.96 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. CubicFarm Systems's Operating Income for the three months ended in Sep. 2024 was € -0.39 Mil. CubicFarm Systems's Interest Expense for the three months ended in Sep. 2024 was € -0.46 Mil. CubicFarm Systems did not have earnings to cover the interest expense. 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.

CubicFarm Systems  (FRA:7CU) 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.

CubicFarm Systems's Interest Expense for the three months ended in Sep. 2024 was €-0.46 Mil. Its Operating Income for the three months ended in Sep. 2024 was €-0.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €1.30 Mil.

CubicFarm Systems's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

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.

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

CubicFarm Systems Interest Expense Historical Data

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The historical data trend for CubicFarm Systems'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.

CubicFarm Systems Interest Expense Chart

CubicFarm Systems Annual Data
Trend Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.01 -0.02 -0.34 -0.95 -1.96

CubicFarm Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.46 -0.50 -0.55 -0.46 -0.46
FRA:7CU
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CubicFarm Systems Corp FRA:7CU
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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CubicFarm Systems 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.96 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €-1.96 Mil mean?
CubicFarm Systems (FRA:7CU) has a Interest Expense of €-1.96 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on CubicFarm Systems and its competitors.
Is CubicFarm Systems' Interest Expense too high?
CubicFarm Systems' current Interest Expense is €-1.96 Mil. 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 Expense compare to LEVGQ and NKLAQ?
CubicFarm Systems' Interest Expense of €-1.96 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Farm & Heavy Construction Machinery company?
A good Interest Expense depends on the Farm & Heavy Construction Machinery industry context. However, Interest Expense 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 Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on CubicFarm Systems and its competitors. CubicFarm Systems's current Interest Expense is €-1.96 Mil. 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 (FRA:7CU) has a current Interest Expense of €-1.96 Mil. The current Interest Expense is €-1.96 Mil. 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 Expense calculated?
Interest Expense is calculated from a company's financial statements. For CubicFarm Systems (FRA:7CU), the current Interest Expense is €-1.96 Mil 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 Business Description

Address 7170 Glover Road, Langley, BC, CAN, V2Y 2R1
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.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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