Spok Holdings Inc (SPOK) - Net Assets
Based on the latest financial reports, Spok Holdings Inc (SPOK) has net assets worth $140.96 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($193.89 Million) and total liabilities ($52.93 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how strategically is Spok Holdings Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $140.96 Million |
| % of Total Assets | 72.7% |
| Annual Growth Rate | N/A |
| 5-Year Change | -15.72% |
| 10-Year Change | -54.55% |
| Growth Volatility | 45.16 |
Spok Holdings Inc - Net Assets Trend (2000–2025)
This chart illustrates how Spok Holdings Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Spok Holdings Inc (SPOK) market capitalisation.
Annual Net Assets for Spok Holdings Inc (2000–2025)
The table below shows the annual net assets of Spok Holdings Inc from 2000 to 2025. Also explore net asset growth rate of Spok Holdings Inc to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $146.38 Million | -5.41% |
| 2024-12-31 | $154.75 Million | -5.51% |
| 2023-12-31 | $163.77 Million | -4.83% |
| 2022-12-31 | $172.08 Million | -0.93% |
| 2021-12-31 | $173.69 Million | -13.42% |
| 2020-12-31 | $200.61 Million | -19.78% |
| 2019-12-31 | $250.09 Million | -8.91% |
| 2018-12-31 | $274.55 Million | -5.50% |
| 2017-12-31 | $290.53 Million | -9.80% |
| 2016-12-31 | $322.09 Million | -3.44% |
| 2015-12-31 | $333.55 Million | +19.53% |
| 2014-12-31 | $279.06 Million | +3.37% |
| 2013-12-31 | $269.95 Million | +7.37% |
| 2012-12-31 | $251.42 Million | -0.40% |
| 2011-12-31 | $252.44 Million | +36.91% |
| 2010-12-31 | $184.39 Million | +16.12% |
| 2009-12-31 | $158.80 Million | +12.83% |
| 2008-12-31 | $140.74 Million | -62.33% |
| 2007-12-31 | $373.57 Million | -21.51% |
| 2006-12-31 | $475.97 Million | -10.70% |
| 2005-12-31 | $532.99 Million | -8.63% |
| 2004-12-31 | $583.34 Million | +78.79% |
| 2003-12-31 | $326.26 Million | +185.64% |
| 2002-12-31 | $114.22 Million | +106.89% |
| 2001-12-31 | $-1.66 Billion | -1657.73% |
| 2000-12-31 | $-94.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spok Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3992100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $39.92 Million | 27.27% |
| Common Stock | $2.00K | 0.00% |
| Other Comprehensive Income | $-1.76 Million | -1.20% |
| Other Components | $108.21 Million | 73.93% |
| Total Equity | $146.38 Million | 100.00% |
Spok Holdings Inc Competitors by Market Cap
The table below lists competitors of Spok Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Horizon Securities Co Ltd
TWO:6015
|
$217.13 Million |
|
Afrimat
JSE:AFT
|
$217.29 Million |
|
PT Estee Gold Feet Tbk
JK:EURO
|
$217.31 Million |
|
Bank of Zhengzhou Co. Ltd
F:3BZ
|
$217.32 Million |
|
Froch Enterprise Co Ltd
TW:2030
|
$216.93 Million |
|
Utah Medical Products Inc
NASDAQ:UTMD
|
$216.74 Million |
|
Yesco Holdings Co. Ltd
KO:015360
|
$216.59 Million |
|
Power Nickel Inc
V:PNPN
|
$216.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spok Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 154,746,000 to 146,379,000, a change of -8,367,000 (-5.4%).
- Net income of 15,881,000 contributed positively to equity growth.
- Dividend payments of 27,259,000 reduced retained earnings.
- Share repurchases of 2,843,000 reduced equity.
- Other comprehensive income increased equity by 28,000.
- Other factors increased equity by 5,826,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $15.88 Million | +10.85% |
| Dividends Paid | $27.26 Million | -18.62% |
| Share Repurchases | $2.84 Million | -1.94% |
| Other Comprehensive Income | $28.00K | +0.02% |
| Other Changes | $5.83 Million | +3.98% |
| Total Change | $- | -5.41% |
Book Value vs Market Value Analysis
This analysis compares Spok Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.50x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $-1.25 | $10.39 | x |
| 2001-12-31 | $-19.54 | $10.39 | x |
| 2002-12-31 | $1.30 | $10.39 | x |
| 2003-12-31 | $16.30 | $10.39 | x |
| 2004-12-31 | $27.82 | $10.39 | x |
| 2005-12-31 | $19.43 | $10.39 | x |
| 2006-12-31 | $17.26 | $10.39 | x |
| 2007-12-31 | $13.61 | $10.39 | x |
| 2008-12-31 | $5.22 | $10.39 | x |
| 2009-12-31 | $6.83 | $10.39 | x |
| 2010-12-31 | $8.17 | $10.39 | x |
| 2011-12-31 | $11.21 | $10.39 | x |
| 2012-12-31 | $11.23 | $10.39 | x |
| 2013-12-31 | $12.26 | $10.39 | x |
| 2014-12-31 | $12.63 | $10.39 | x |
| 2015-12-31 | $15.74 | $10.39 | x |
| 2016-12-31 | $15.65 | $10.39 | x |
| 2017-12-31 | $14.38 | $10.39 | x |
| 2018-12-31 | $13.96 | $10.39 | x |
| 2019-12-31 | $13.10 | $10.39 | x |
| 2020-12-31 | $10.54 | $10.39 | x |
| 2021-12-31 | $8.95 | $10.39 | x |
| 2022-12-31 | $8.61 | $10.39 | x |
| 2023-12-31 | $8.05 | $10.39 | x |
| 2024-12-31 | $7.52 | $10.39 | x |
| 2025-12-31 | $6.95 | $10.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spok Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.37%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.41x
- Recent ROE (10.85%) is below the historical average (58.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | -36.40% | 0.37x | 0.00x | $-300.35 Million |
| 2001 | 0.00% | -134.86% | 1.79x | 0.00x | $-1.40 Billion |
| 2002 | 1449.42% | 202.21% | 1.85x | 3.88x | $1.64 Billion |
| 2003 | 3.99% | 2.18% | 1.21x | 1.52x | $-19.62 Million |
| 2004 | 2.31% | 2.75% | 0.62x | 1.36x | $-44.85 Million |
| 2005 | 2.42% | 2.09% | 0.98x | 1.19x | $-40.39 Million |
| 2006 | 8.44% | 8.07% | 0.85x | 1.24x | $-7.42 Million |
| 2007 | -1.39% | -1.22% | 0.88x | 1.30x | $-42.55 Million |
| 2008 | -111.61% | -43.70% | 1.49x | 1.71x | $-171.15 Million |
| 2009 | 42.54% | 23.32% | 1.36x | 1.34x | $51.68 Million |
| 2010 | 42.25% | 33.40% | 1.01x | 1.25x | $59.46 Million |
| 2011 | 35.11% | 36.49% | 0.69x | 1.39x | $63.40 Million |
| 2012 | 12.74% | 19.03% | 0.52x | 1.28x | $6.90 Million |
| 2013 | 10.20% | 13.13% | 0.64x | 1.21x | $535.00K |
| 2014 | 7.43% | 10.36% | 0.59x | 1.21x | $-7.16 Million |
| 2015 | 25.25% | 44.42% | 0.49x | 1.17x | $50.88 Million |
| 2016 | 4.34% | 7.79% | 0.46x | 1.20x | $-18.23 Million |
| 2017 | -5.27% | -8.94% | 0.49x | 1.21x | $-44.36 Million |
| 2018 | -0.54% | -0.87% | 0.52x | 1.19x | $-28.93 Million |
| 2019 | -4.30% | -6.72% | 0.50x | 1.29x | $-35.77 Million |
| 2020 | -22.04% | -29.85% | 0.53x | 1.38x | $-64.29 Million |
| 2021 | -12.77% | -15.60% | 0.57x | 1.43x | $-39.55 Million |
| 2022 | 12.70% | 16.25% | 0.55x | 1.42x | $4.65 Million |
| 2023 | 9.57% | 11.27% | 0.61x | 1.39x | $-711.10K |
| 2024 | 9.67% | 10.87% | 0.63x | 1.40x | $-509.60K |
| 2025 | 10.85% | 11.37% | 0.68x | 1.41x | $1.24 Million |
Industry Comparison
This section compares Spok Holdings Inc's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $347,447,792
- Average return on equity (ROE) among peers: -36.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spok Holdings Inc (SPOK) | $140.96 Million | 0.00% | 0.38x | $217.02 Million |
| Aclarion Inc (ACON) | $-5.73 Million | 0.00% | 0.00x | $1.47 Million |
| American Well Corp (AMWL) | $1.26 Billion | -13.99% | 0.15x | $133.17 Million |
| Heartbeam Inc (BEAT) | $8.00 Million | -158.50% | 1.77x | $22.70 Million |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG) | $2.59 Million | -206.61% | 0.07x | $5.29 Million |
| BrightSpring Health Services, Inc. Common Stock (BTSG) | $735.38 Million | 2.83% | 5.18x | $10.63 Billion |
| Carlsmed, Inc. (CARL) | $-70.63 Million | 0.00% | 0.00x | $409.27 Million |
| CareCloud, Inc. (CCLD) | $49.77 Million | 15.77% | 0.44x | $92.21 Million |
| Certara Inc (CERT) | $1.04 Billion | -1.27% | 0.45x | $1.12 Billion |
| CareMax Inc (CMAX) | $619.55 Million | -6.10% | 0.89x | $381.50 |
| Claritev Corporation (CTEV) | $-167.18 Million | 0.00% | 0.00x | $525.24 Million |
About Spok Holdings Inc
Spok Holdings, Inc., through its subsidiary, Spok, Inc., engages in the healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. Its products and services enhance workflows for clinicians and support administrative compliance. The company delivers clinical information to care teams when and where it matters to enhance patient outcomes; and pro… Read more