GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Star Equity Holdings Inc (NAS:STRR) » Definitions » Effective Interest Rate on Debt %

STRR (Star Equity Holdings) Effective Interest Rate on Debt % : 0.06% (As of Dec. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Star Equity 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. Star Equity Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0.01 Mil. Star Equity Holdings's average total debt for the quarter that ended in Dec. 2024 was $19.24 Mil. Therefore, Star Equity Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 0.06%.


Star Equity Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Star Equity 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.

* Premium members only.

Star Equity Holdings Effective Interest Rate on Debt % Chart

Star Equity Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.80 3.88 8.07 - -

Star Equity Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - 0.06

Competitive Comparison of Star Equity Holdings's Effective Interest Rate on Debt %

For the Diagnostics & Research subindustry, Star Equity 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.


Star Equity Holdings's Effective Interest Rate on Debt % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Star Equity Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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


;
;

Star Equity Holdings Effective Interest Rate on Debt % Calculation

Star Equity Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  0/( (3.609+20.081)/ 2 )
=-1  *  0/11.845
=0.00 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.145 + 2.464
=3.609

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.908 + 4.173
=20.081

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -0.012/( (18.391+20.081)/ 2 )
=-1  *  -0.012/19.236
=0.06 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.78 + 3.611
=18.391

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.908 + 4.173
=20.081

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


Star Equity Holdings  (NAS:STRR) Effective Interest Rate on Debt % Explanation

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


Star Equity Holdings Effective Interest Rate on Debt % Related Terms

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


Star Equity Holdings Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Suite 101, Old Greenwich, CT, USA, 06870
Star Equity Holdings Inc is a multi-industry diversified holding company. It operates in two segments: Building Solutions segment, through KBS, EBGL and TT, it services residential and commercial construction projects by manufacturing modular housing units, structural wall panels, permanent wood foundation systems, other engineered wood products, and supply general contractors with building materials; and Investments segment, which holds corporate-owned real estate, currently includes one manufacturing facility and the equipment for another manufacturing facility in Maine that it leases back to KBS and its manufacturing facility in Wisconsin that it leases back to TT. The company derives maximum revenue from Building Solutions Segment.
Executives
Coleman Richard Kenneth Jr. officer: Chief Operating Officer 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Thatcher Butcher officer: President - KBS C/O STAR EQUITY HOLDINGS, INC., 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Ronald A. Schumacher officer: Exec Chairman - EdgeBuilder C/O STAR EQUITY HOLDINGS, INC., 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Jeffrey E. Eberwein director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Mitchell I Quain director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
John W Gildea director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Hannah M. Bible officer: Chief Legal Officer 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Michael A. Cunnion director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
David James Noble officer: Chief Operating Officer 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Matthew G. Molchan officer: President and CEO 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
John M Climaco director PO BOX 326, PARK CITY UT 84060
Virgil Lott officer: President, Diagnostic Imaging 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Michael Debeauvernet officer: General Manager,Mobile Imaging C/O DIGIRAD CORPORATION, 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Jeffry R. Keyes officer: Chief Financial Officer 13950 STOWE DRIVE, POWAY CA 92064-8803