What does debt instrument basis spread on variable rate1 mean?

The additional interest rate margin added to a benchmark index, such as SOFR or LIBOR, for variable-rate debt instruments. This spread reflects the credit risk premium demanded by lenders over the base market rate. A higher spread typically indicates higher perceived credit risk or tighter market conditions for the borrower.

Hooker Furnishings Corporation HOFT Debt Instrument Basis Spread On Variable Rate1

Debt Instrument Basis Spread On Variable Rate1 at other companies

Healthcare Services GroupHCSG

1.7%0.0pp

Heritage FinancialHFWA

1.6%0.0pp

Hooker Furnishings CorporationHOFT

0.1%0.0pp

Helix Energy Solutions GroupHLX

2%0.0pp

Acadia Realty TrustAKR

5.6%+2.3pp

Helix Energy Solutions GroupHLX

2%0.0pp

Other financials

Income statement

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Revenue$69.5M-2.4%

Gross profit$20.6M+14.8%

Operating income$1.6M+417%

Net income$1.1M+135%

EPS (diluted)$0.10+134%

Balance sheet

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Cash & equivalents$10.6M-41.0%

Total debt$23.6M-65.9%

Total equity$169.1M-15.1%

Total assets$223.2M-25.5%

Cash flow

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Operating cash flow$14.4M-1.7%

CapEx$403.0K-44.6%

Free cash flow$14.0M+0.5%

Valuation

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Market cap$180.67M+63.2%

Enterprise value$193.62M+19.7%

P/S0.6×+0.3×

Profitability

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Gross margin26.4%+1.8pp

Operating margin-3.2%+1.4pp

Net margin-8.1%-31.3pp

FCF margin2.9%+2.0pp

Returns & leverage

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Return on equity-12.7%-52.5pp

Debt / equity0.1×-0.2×

Current ratio3.1×-0.9×

Where this comes from

Reported directly by Hooker Furnishings Corporation in its filing.

Tagged under the XBRL concept us-gaap:DebtInstrumentBasisSpreadOnVariableRate1.

The official record: Hooker Furnishings Corporation’s 10-Q, filed June 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hooker Furnishings Corporation's debt instrument basis spread on variable rate1?: Hooker Furnishings Corporation (HOFT) reported debt instrument basis spread on variable rate1 of 0.1% in Q1 2026.
What does debt instrument basis spread on variable rate1 mean?: The additional interest rate margin added to a benchmark index, such as SOFR or LIBOR, for variable-rate debt instruments. This spread reflects the credit risk premium demanded by lenders over the base market rate. A higher spread typically indicates higher perceived credit risk or tighter market conditions for the borrower.