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Insperity (Insperity) Effective Interest Rate on Debt % : 6.79% (As of Dec. 2023)


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What is Insperity Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Insperity's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $29 Mil. Insperity's average total debt for the quarter that ended in Dec. 2023 was $424 Mil. Therefore, Insperity's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.79%.


Insperity Effective Interest Rate on Debt % Historical Data

The historical data trend for Insperity's Effective Interest Rate on Debt % 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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Insperity Effective Interest Rate on Debt % Chart

Insperity Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 2.10 1.72 3.31 6.37

Insperity Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % 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 5.18 5.87 6.36 6.70 6.79

Competitive Comparison of Insperity's Effective Interest Rate on Debt %

For the Staffing & Employment Services subindustry, Insperity's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Insperity's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Insperity's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Insperity's Effective Interest Rate on Debt % falls into.



Insperity Effective Interest Rate on Debt % Calculation

Insperity's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -27.137/( (424.987+426.894)/ 2 )
=-1  *  -27.137/425.9405
=6.37 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=424.987 + 0
=424.987

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=426.894 + 0
=426.894

Insperity's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -28.792/( (421.385+426.894)/ 2 )
=-1  *  -28.792/424.1395
=6.79 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=421.385 + 0
=421.385

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=426.894 + 0
=426.894

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Insperity  (NYSE:NSP) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Insperity Effective Interest Rate on Debt % Related Terms

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Insperity (Insperity) Business Description

Industry
Traded in Other Exchanges
Address
19001 Crescent Springs Drive, Kingwood, TX, USA, 77339
Insperity Inc is a company that primarily provides a wide range of human resources and business solutions that help businesses improve their performance. Small and midsize enterprises are the company's primary target customers. Most of the company's products are offered through the company's Workforce Optimization and Workforce Synchronization solutions, which comprise various human resource functions, such as payroll and employment administration, employee benefits and compensation, government compliance, performance management, training and development services, and human capital management. The company generates all of its revenue in the United States.
Executives
Ellen H Masterson director P O BOX 3247, HOUSTON TX 77253-3247
Richard G Rawson director, officer: President C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Arthur A Arizpe officer: EVP of Client Services and COO 19001 CRESCENT SPRINGS DR, C/O INSPERITY, KINGWOOD TX 77339
Paul J Sarvadi director, officer: Chairman of the Board & CEO C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Daniel D Herink officer: SVP Legal, Gen Counsel & Sec 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
James D Allison officer: SVP of Gross Profit Operations C/O INSPERITY, INC., 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
John M Morphy director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Douglas S Sharp officer: SVP Finance, CFO & Treasurer C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Tim Clifford director C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Jay E Mincks officer: EVP of Sales & Marketing C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Eli Jones director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Randall Mehl director 8620 N DEAN CIR, RIVER HILLS WI 53217
Latha Ramchand director 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
John L Lumelleau director 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
Austin P Young director 6200 ARNOT, HOUSTON TX 77007

Insperity (Insperity) Headlines

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