GURUFOCUS.COM » STOCK LIST » Technology » Software » FiscalNote Holdings Inc (NYSE:NOTE) » Definitions » Effective Interest Rate on Debt %

FiscalNote Holdings (FiscalNote Holdings) Effective Interest Rate on Debt % : 13.57% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is FiscalNote 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. FiscalNote Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $29.4 Mil. FiscalNote Holdings's average total debt for the quarter that ended in Mar. 2024 was $217.0 Mil. Therefore, FiscalNote Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 13.57%.


FiscalNote Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for FiscalNote 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.

FiscalNote Holdings Effective Interest Rate on Debt % Chart

FiscalNote Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
13.43 16.49 23.63 36.05 13.32

FiscalNote Holdings Quarterly Data
Dec19 Sep20 Dec20 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 13.15 12.60 13.11 13.07 13.57

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

For the Information Technology Services subindustry, FiscalNote 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.


FiscalNote Holdings's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, FiscalNote Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



FiscalNote Holdings Effective Interest Rate on Debt % Calculation

FiscalNote Holdings'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  *  -29.94/( (197.867+251.643)/ 2 )
=-1  *  -29.94/224.755
=13.32 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=191.09 + 6.777
=197.867

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=248.472 + 3.171
=251.643

FiscalNote Holdings'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  *  -29.448/( (251.643+182.269)/ 2 )
=-1  *  -29.448/216.956
=13.57 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=248.472 + 3.171
=251.643

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=178.807 + 3.462
=182.269

* 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.


FiscalNote Holdings  (NYSE:NOTE) Effective Interest Rate on Debt % Explanation

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


FiscalNote Holdings Effective Interest Rate on Debt % Related Terms

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


FiscalNote Holdings (FiscalNote Holdings) Business Description

Industry
Traded in Other Exchanges
Address
1201 Pennsylvania Ave NW, 6th floor, Washington, DC, USA, 20004
FiscalNote Holdings Inc is an information services company focused on policy and market intelligence. The company has its geographic presence in North America, Europe, Australia and Asia.
Executives
Josh Resnik officer: See Remarks 1201 PENNSYLVANIA AVE NW, 6TH FLOOR, WASHINGTON DC 20004
Jon Slabaugh officer: See Remarks 1201 PENNSYLVANIA AVE NW, 6TH FLOOR, WASHINGTON DC 20004
Richard Henderson officer: Chief Revenue Officer 1201 PENNSYLVANIA AVENUE NW, 6TH FLOOR, WASHINGTON DC 20004
Paul Donnell officer: Chief Accounting Officer 1201 PENNSYLVANIA AVENUE NW, 6TH FLOOR, WASHINGTON, D.C. DC 20004
Tim Hwang director, officer: See Remarks 1201 PENNSYLVANIA AVE NW, 6TH FLOOR, WASHINGTON DC 20004
Keith Nilsson director 1201 PENNSYLVANIA AVE NW, 6TH FLOOR, COSTA MESA CA 92626
Todd Aman officer: See Remarks 1201 PENNSYLVANIA AVENUE NW, 6TH FLOOR, WASHINGTON, D.C. DC 20004
Key Compton director 1201 PENNSYLVANIA AVE NW, 6TH FLOOR, WASHINGTON DC 20004
Stanley A Mcchrystal director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Yiu Conrad director 1201 PENNSYLVANIA AVE NW, 6TH FLOOR, WASHINGTON DC 20004
Star V Partners Llc 10 percent owner 2100 WEST END AVENUE, SUITE 100, NASHVILLE TN 37203
Maso Capital Investments Ltd 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN, GRAND CAYMAN E9 KYL-9008
Gerald Yao director, officer: See Remarks 1201 PENNSYLVANIA AVE NW, 6TH FLOOR, WASHINGTON DC 20004
Anna Sedgley director 1201 PENNSYLVANIA AVE NW, 6TH FLOOR, WASHINGTON DC 20004
Vlad Eidelman officer: Chief Technology Officer 1201 PENNSYLVANIA AVENUE NW, 6TH FLOOR, WASHINGTON, D.C. DC 20004