Spok Holdings (Spok Holdings) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Spok Holdings Debt-to-Equity?

Spok Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.2 Mil. Spok Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.9 Mil. Spok Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $163.8 Mil. Spok Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Spok Holdings's Debt-to-Equity or its related term are showing as below:

SPOK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: 0.1
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Spok Holdings was 0.10. The lowest was 0.00. And the median was 0.07.

SPOK's Debt-to-Equity is ranked better than
84.46% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs SPOK: 0.07

Spok Holdings Debt-to-Equity Historical Data

The historical data trend for Spok Holdings's Debt-to-Equity 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.

Spok Holdings Debt-to-Equity Chart

Spok Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.10

0.09

0.07

Spok Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.09	0.09	0.07	0.07

Competitive Comparison of Spok Holdings's Debt-to-Equity

For the Health Information Services subindustry, Spok Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Spok Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Spok Holdings's Debt-to-Equity falls into.

Spok Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spok Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.184	+	6.902)	/	163.771
	=	0.07

Spok Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.184	+	6.902)	/	163.771
	=	0.07

Spok Holdings (NAS:SPOK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Spok Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Spok Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Spok Holdings (Spok Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Spok Holdings Inc (NAS:SPOK) » Definitions » Debt-to-Equity

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