HBUV (Hubilu Venture) Interest Expense : $-1.11 Mil (TTM As of Sep. 2024)

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What is Hubilu Venture Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hubilu Venture's interest expense for the three months ended in Sep. 2024 was $ -0.32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-1.11 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. Hubilu Venture's Operating Income for the three months ended in Sep. 2024 was $ 0.38 Mil. Hubilu Venture's Interest Expense for the three months ended in Sep. 2024 was $ -0.32 Mil. Hubilu Venture's Interest Coverage for the quarter that ended in Sep. 2024 was 1.22. 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.

Hubilu Venture Interest Expense Historical Data

The historical data trend for Hubilu Venture'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.

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Hubilu Venture Interest Expense Chart

Hubilu Venture Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.21

-0.45

-0.67

-0.96

-0.99

Hubilu Venture 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															-0.24	-0.28	-0.25	-0.27	-0.32

Hubilu Venture 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 $-1.11 Mil.

Hubilu Venture (OTCPK:HBUV) Interest Expense Explanation

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

Hubilu Venture's Interest Expense for the three months ended in Sep. 2024 was $-0.32 Mil. Its Operating Income for the three months ended in Sep. 2024 was $0.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $18.10 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	0.383	/	-0.315
	=	1.22

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hubilu Venture Corps earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Hubilu Venture Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hubilu Venture Corp (OTCPK:HBUV) » Definitions » Interest Expense

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Address

205 South Beverly Drive, Suite 205, Beverly Hills, CA, USA, 90212

Website

https://www.hubilu.com

Hubilu Venture Corp provides real estate consulting services to its clients in the United States. The company assists real estate investment professionals, as well as established companies, with advisory and consulting services directed at providing research, analysis, and acquisition opportunities. The company generates revenue from rental income. The services are focused on the research and analysis of real estate properties and advising clients on the use of their real estate assets.

Executives

David Behrend	director, 10 percent owner, officer: CEO	9777 WILSHIRE BLVD, SUITE 804, BEVERLY HILLS CA 90212
Maurice Simone	officer: Secretary	P.O.BOX 5374, BEVERLY HILLS CA 90209
Jacaranda Investments, Inc.	10 percent owner	205 S. BEVERLY DRIVE, SUITE 205, BEVERLY HILLS CA 90212