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FiscalNote Holdings (FiscalNote Holdings) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is FiscalNote Holdings Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. FiscalNote Holdings's Operating Income for the three months ended in Mar. 2024 was $-11.4 Mil. FiscalNote Holdings's Interest Expense for the three months ended in Mar. 2024 was $-7.4 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for FiscalNote Holdings's Interest Coverage or its related term are showing as below:


NOTE's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.25
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


FiscalNote Holdings Interest Coverage Historical Data

The historical data trend for FiscalNote Holdings's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

FiscalNote Holdings Interest Coverage Chart

FiscalNote Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
- - - - -

FiscalNote Holdings Quarterly Data
Dec19 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage 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 - - - - -

Competitive Comparison of FiscalNote Holdings's Interest Coverage

For the Information Technology Services subindustry, FiscalNote Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, FiscalNote Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where FiscalNote Holdings's Interest Coverage falls into.



FiscalNote Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

FiscalNote Holdings's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, FiscalNote Holdings's Interest Expense was $-29.9 Mil. Its Operating Income was $-66.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $248.5 Mil.

FiscalNote Holdings did not have earnings to cover the interest expense.

FiscalNote Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, FiscalNote Holdings's Interest Expense was $-7.4 Mil. Its Operating Income was $-11.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $178.8 Mil.

FiscalNote Holdings did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


FiscalNote Holdings  (NYSE:NOTE) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


FiscalNote Holdings Interest Coverage Related Terms

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


FiscalNote Holdings (FiscalNote Holdings) Business Description

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

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