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


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What is Reliability 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. Reliability's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.06 Mil. Reliability's average total debt for the quarter that ended in Mar. 2024 was $0.00 Mil. Therefore, Reliability's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was N/A%.


Reliability Effective Interest Rate on Debt % Historical Data

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

Reliability 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 31.09 7.09 0.74 - -

Reliability Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

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

For the Staffing & Employment Services subindustry, Reliability'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.


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

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

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



Reliability Effective Interest Rate on Debt % Calculation

Reliability'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  *  -0.092/( (0+0)/ 1 )
=-1  *  -0.092/0
=N/A %

where

Reliability'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  *  -0.064/( (0+0)/ 1 )
=-1  *  -0.064/0
=N/A %

where

* 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.


Reliability  (OTCPK:RLBY) Effective Interest Rate on Debt % Explanation

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


Reliability Effective Interest Rate on Debt % Related Terms

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Reliability (Reliability) Business Description

Industry
Traded in Other Exchanges
N/A
Address
12124 Skylark Road, Clarksburg, MD, USA, 20871
Reliability Inc provides workforce solutions to its clients consisting primarily of Employer of Record (EOR) services, recruiting and staffing, and video and multimedia production. It operates within four industry segments: EOR, Recruiting and Staffing, Video and Multimedia Production, and Direct Hire. The EOR segment which generates a majority of revenue for the company provides media field talent to a host of large corporate customers. The company's clients are in diverse industries including media, financial services including banking, medical devices, pharmaceuticals, telecommunications, energy, healthcare, and education.
Executives
Kalyan Pathuri 10 percent owner 6206 COLCHESTER RD., FAIRFAX VA 22030
Silvija Valleru 10 percent owner C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Naveen Doki 10 percent owner C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Nick Tsahalis officer: President C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Mark R. Speck director, officer: Chief Financial Officer C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Shirisha Janumpally 10 percent owner C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Julia Marshall Dayton director, 10 percent owner 53 FOREST AVE. 1ST FLOOR, OLD GREENWICH CT 06870
Shawn Spain Miles director 53 FOREST AVE. 1ST FLOOR, OLD GREENWICH CT 06870
Alexander S Rosenbluth director 53 FOREST AVENUE, 1ST FLOOR, OLD GREEWICH CO 06870
Lone Star Value Investors Lp 10 percent owner 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Jeffrey E. Eberwein 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Lone Star Value Management Llc 10 percent owner 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Investors Gp Llc 10 percent owner 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Derosa William Thomas Jr. director 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Hannah M. Bible director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870

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