Spok Holdings (Spok Holdings) ROCE % : 10.77% (As of Dec. 2023)

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What is Spok Holdings ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Spok Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.77%.

Spok Holdings ROCE % Historical Data

The historical data trend for Spok Holdings's ROCE % 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 ROCE % Chart

Spok Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-2.28

1.67

-5.36

4.34

11.97

Spok Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															9.27	9.75	13.69	13.79	10.77

Spok Holdings ROCE % Calculation

Spok Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	22.128	/	( ( (244.477 - 54.432)	+	(227.684 - 48.008) )	/ 2 )
	=	22.128	/	( (190.045	+	179.676)	/ 2 )
	=	22.128	/	184.8605
	=	11.97 %

Spok Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	19.456	/	( ( (226.927 - 45.183)	+	(227.684 - 48.008) )	/ 2 )
	=	19.456	/	( ( 181.744	+	179.676 )	/ 2 )
	=	19.456	/	180.71
	=	10.77 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Spok Holdings (NAS:SPOK) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Spok Holdings ROCE % Related Terms

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Spok Holdings (Spok Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Spok Holdings Inc (NAS:SPOK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FQV:Germany

Address

5911 Kingstown Village Parkway, 6th Floor, Alexandria, VA, USA, 22315

Website

https://www.spok.com

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