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Harte-Hanks (Harte-Hanks) Effective Interest Rate on Debt % : 0.25% (As of Dec. 2023)


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What is Harte-Hanks 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. Harte-Hanks's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.1 Mil. Harte-Hanks's average total debt for the quarter that ended in Dec. 2023 was $23.8 Mil. Therefore, Harte-Hanks's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.25%.


Harte-Hanks Effective Interest Rate on Debt % Historical Data

The historical data trend for Harte-Hanks'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.

* Premium members only.

Harte-Hanks Effective Interest Rate on Debt % Chart

Harte-Hanks 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 4.71 2.46 2.10 1.65 -

Harte-Hanks 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 2.30 - 1.11 0.02 0.25

Competitive Comparison of Harte-Hanks's Effective Interest Rate on Debt %

For the Conglomerates subindustry, Harte-Hanks'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.


Harte-Hanks's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Harte-Hanks's Effective Interest Rate on Debt % distribution charts can be found below:

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



Harte-Hanks Effective Interest Rate on Debt % Calculation

Harte-Hanks'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  *  0/( (22.322+28.506)/ 2 )
=-1  *  0/25.414
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.575 + 5.747
=22.322

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23.691 + 4.815
=28.506

Harte-Hanks'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  *  -0.06/( (18.999+28.506)/ 2 )
=-1  *  -0.06/23.7525
=0.25 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.553 + 5.446
=18.999

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23.691 + 4.815
=28.506

* 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.


Harte-Hanks  (NAS:HHS) Effective Interest Rate on Debt % Explanation

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


Harte-Hanks Effective Interest Rate on Debt % Related Terms

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Harte-Hanks (Harte-Hanks) Business Description

Industry
Traded in Other Exchanges
Address
1 Executive Drive, Chelmsford, MA, USA, 01824
Harte-Hanks Inc is a customer experience company. The Company operates three business segments: Marketing Services; Customer Care; and Fulfillment & Logistics Services. The company has its geographic presence in United States and Other countries. Majority of the revenue is earned from United States.
Executives
Bradley Louis Radoff director 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Kirk A Davis director, officer: Chief Executive Officer C/O NEWM, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Griffin John H Jr director
Brian Linscott officer: Chief Operating Officer 864 N BEVERLY LANE, ARLINGTON HEIGHTS IL 60004
Laurilee Kearnes officer: Chief Financial Officer 9601 MCALLISTER FREEWAY, SUITE 610, SAN ANTONIO TX 78216
Robert T. Wyman officer: General Counsel 2 EAST MAIN STREET, GEORGETOWN MA 01833
David L Copeland director PO BOX 2791, ABILENE TX 79604
Andrew B Benett officer: Chief Executive Officer 1850 N CENTRAL AVENUE, SUITE 1900, PHOENIX AZ 85004-4565
Genevieve Claire Combes director 2000 POWELL STREET, SUITE 300, EMERYVILLE CA 94608
Tobia Alfred Victor Jr. director 767 3RD AVENUE, SUITE 602, NEW YORK NY 10017
Maureen Oconnell director
Evan Behrens director C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, P.O. BOX 13038, FORT LAUDERDALE FL 33316
Priore Mark Del officer: Chief Financial Officer C/O SITO MOBILE, LTD., 100 TOWN SQUARE PLACE, SUITE 204, JERSEY CITY NJ 07310
Martin F Reidy director DIGITAS INC., 800 BOYLSTON STREET, BOSTON MA 02199
Timothy E. Breen director 9601 MCALLISTER FREEWAY, SUITE 610, SAN ANTONIO TX 78216