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HUBC (Hub Cyber Security) Interest Expense : $-13.06 Mil (TTM As of Jun. 2024)


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What is Hub Cyber Security Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hub Cyber Security's interest expense for the six months ended in Jun. 2024 was $ -13.40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-13.06 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 Cyber Security's Operating Income for the six months ended in Jun. 2024 was $ -15.16 Mil. Hub Cyber Security's Interest Expense for the six months ended in Jun. 2024 was $ -13.40 Mil. Hub Cyber Security 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.


Hub Cyber Security Interest Expense Historical Data

The historical data trend for Hub Cyber Security'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 Cyber Security Interest Expense Chart

Hub Cyber Security Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.05 -0.11 -0.09 -1.24 -6.84

Hub Cyber Security Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.15 -1.09 -7.18 0.34 -13.40

Hub Cyber Security 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-13.06 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 Cyber Security  (NAS:HUBC) 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 Cyber Security's Interest Expense for the six months ended in Jun. 2024 was $-13.40 Mil. Its Operating Income for the six months ended in Jun. 2024 was $-15.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $1.52 Mil.

Hub Cyber Security's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Hub Cyber Security 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.


Hub Cyber Security Business Description

Traded in Other Exchanges
N/A
Address
2 Kaplan Street, Tel Aviv, ISR, 6473403
Hub Cyber Security Ltd is engaged in the development of cyber products, software, quality systems, reliability, and risk management. It operates in several countries and provides cybersecurity computing appliances as well as a wide range of cybersecurity professional services. The company has two operating segments: the Product and Technology Segment, and the Professional Services Segment. The majority of its revenue comes from the professional services segment, which provides data and cybersecurity, system security and reliability solutions, as well as related services such as consulting, planning, training, integration, and ongoing servicing of cybersecurity, risk management, system quality, reliability, and security projects, including fully managed corporate cybersecurity services.

Hub Cyber Security Headlines

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