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Spok Holdings (Spok Holdings) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is Spok Holdings 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. Spok Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.0 Mil. Spok Holdings's average total debt for the quarter that ended in Mar. 2024 was $10.7 Mil. Therefore, Spok Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


Spok Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Spok Holdings'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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Spok Holdings Effective Interest Rate on Debt % Chart

Spok Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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Spok Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Spok Holdings's Effective Interest Rate on Debt %

For the Health Information Services subindustry, Spok Holdings'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.


Spok Holdings's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Spok Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Spok Holdings Effective Interest Rate on Debt % Calculation

Spok Holdings'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/( (15.7+11.086)/ 2 )
=-1  *  0/13.393
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.604 + 5.096
=15.7

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.902 + 4.184
=11.086

Spok Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  0/( (11.086+10.403)/ 2 )
=-1  *  0/10.7445
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.902 + 4.184
=11.086

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.63 + 3.773
=10.403

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Spok Holdings  (NAS:SPOK) Effective Interest Rate on Debt % Explanation

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


Spok Holdings Effective Interest Rate on Debt % Related Terms

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Spok Holdings (Spok Holdings) Business Description

Traded in Other Exchanges
Address
5911 Kingstown Village Parkway, 6th Floor, Alexandria, VA, USA, 22315
Spok Holdings Inc is a provider of healthcare communications. It reports three market segments namely Healthcare, Government, and Large enterprise. The company provides paging services and software solutions in the United States and abroad.
Executives
Vincent D Kelly director, officer: President & CEO C/O RENTON MEDIA INC, 1300 EAST NINTH ST, CLEVELAND OH 44114
Sharon Woods-keisling officer: Corporate Secretary, Treasurer 6677 RICHMOND HIGHWAY, ALEXANDRIA VA 22306
Michael W Wallace officer: Chief Financial Officer SAWGRASS CORPORATE INDUSTRIAL PARK, 14000 NW 4TH ST, SUNRISE FL 33325
Calvin Rice officer: Controller C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151
Todd J Stein director C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151
Barbara Peterson Byrne director C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22315
Randy Hyun director C/O SPOK HOLDINGS, INC., 5911 KINGSTOWNE VILLAGE PARKWAY 6TH FLR, ALEXANDRIA VA 22315
Matthew Oristano director C/O ARCH WIRELESS INC, 1800 WEST PARK DR. #250, WESTBOROUGH MA 01581
Brian Oreilly director C/O METROCALL, 6677 RICHMOND HWY, ALEXANDRIA VA 22306
Christine Cournoyer director 150 SHAW ROAD, CHESTNUT MA 02467
Brett A Shockley director 7125 NORTHLAND TERRACE, MINNEAPOLIS MN 55428
Royce Yudkoff director C/O METROCALL, 6677 RICHMOND HWY, ALEXANDRIA VA 22306
Stacia Hylton director 6850 VERSAR CENTER STE 420, SPRINGFIELD VA 22151
Tom Saine officer: Chief Technology Officer 6677 RICHMOND HIGHWAY, ALEXANDIRA VA 22306
Ted Peterman officer: Controller C/O SPōK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151

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