Hurco Companies Inc

NASDAQ HURC

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Hurco Companies Inc Debt to EBITDA Ratio for the year ending October 31, 2023

Hurco Companies Inc Debt to EBITDA Ratio is NA for the year ending October 31, 2023. The debt to EBITDA ratio measures the amount of debt a company has relative to its earnings before interest, taxes, depreciation, and amortization (EBITDA). It is calculated by dividing total debt by EBITDA. This ratio helps assess a company's ability to service its debt obligations using its operating income. A higher ratio indicates a higher level of debt burden and potential financial risk.
NASDAQ: HURC

Hurco Companies Inc

CEO Mr. Michael Doar
IPO Date Sept. 5, 1989
Location United States
Headquarters One Technology Way, Indianapolis, IN, United States, 46268
Employees 716
Sector Industrials
Industry Specialty industrial machinery
Description

Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. Its principal products include general-purpose computerized machine tools, including vertical and horizontal machining centers, turning centers, and toolroom machines. The company also provides computer control systems and related software for press brake applications. In addition, it offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services. Further, the company provides Autobend computer control systems for press brake machines. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations. Hurco Companies, Inc. was incorporated in 1968 and is headquartered in Indianapolis, Indiana.

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StockViz Staff

September 20, 2024

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