What is Hurco Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hurco's interest expense for the
three
months ended in Jan. 2024 was $ -0.1 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.4 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. Hurco's Operating Income for the
three
months ended in Jan. 2024 was $ -1.8 Mil. Hurco's Interest Expense for the
three
months ended in Jan. 2024 was $ -0.1 Mil.
Hurco 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.
Hurco 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.4 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.
Hurco (NAS:HURC) 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.
Hurco's Interest Expense for the
three
months ended in Jan. 2024 was $-0.1 Mil. Its
Operating Income
for the
three
months ended in Jan. 2024 was $-1.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Jan. 2024 was $8.5 Mil.
Hurco's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as
| Hurco 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.
Hurco (HURC) Business Description
Traded in Other Exchanges
Address
One Technology Way, Indianapolis, IN, USA, 46268
Hurco Companies Inc is a United States-based industrial technology company. It designs, manufactures, and sells computerized machine tools, consisting mainly of vertical machining centers and turning centers, to companies in the metal working industry through sales, service and distribution network. The company concentrated on designing user-friendly computer control systems that can be operated by both skilled and unskilled machine tool operators. It generates maximum revenue from the Computerized Machine Tools product. Geographically, It derives a majority of revenue from the United States of America. Its product categories include 5-Axis VMC; 3-Axis VMC; Horizontal MC and Turning Centers.
Executives
| Michael Doar |
director, officer: Chairman & CEO |
ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268 |
| Jonathon D. Wright |
officer: General Counsel/Corp Secretary |
ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC>, INDIANAPOLIS IN 46268 |
| Richard R. Porter |
director |
ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268 |
| Haiquynh Jamison |
officer: Corporate Controller |
ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC., INDIANAPOLIS IN 46268 |
| Gregory S Volovic |
officer: EVP-Technology and Operations |
ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268 |
| Sonja K Mcclelland |
officer: Chief Financial Officer |
ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268 |
| Polar Asset Management Partners Inc. |
10 percent owner |
16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6 |
| Thomas A. Aaro |
director |
C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268 |
| Timothy J Gardner |
director |
3600 WEST LAKE AVENUE, GLENVIEW IL 60026 |
| Robert W Cruickshank |
director |
|
| Cynthia S Dubin |
director |
1200 E. MARKET STREET, SUITE 650, AKRON OH 44305 |
| Janaki Sivanesan |
director |
575 MADISON AVENUE, NEW YORK NY 10022 |
| Jay C. Longbottom |
director |
C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268 |
| Andrew Sheeley Niner |
director |
ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268 |
| Ronald G. Strackbein |
director |
ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268 |
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