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FiscalNote Holdings (FiscalNote Holdings) Debt-to-EBITDA : 0.70 (As of Mar. 2024)


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What is FiscalNote Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

FiscalNote Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3.5 Mil. FiscalNote Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $178.8 Mil. FiscalNote Holdings's annualized EBITDA for the quarter that ended in Mar. 2024 was $259.2 Mil. FiscalNote Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.70.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for FiscalNote Holdings's Debt-to-EBITDA or its related term are showing as below:

NOTE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -23.17   Med: -9.22   Max: 12.12
Current: 12.12

During the past 5 years, the highest Debt-to-EBITDA Ratio of FiscalNote Holdings was 12.12. The lowest was -23.17. And the median was -9.22.

NOTE's Debt-to-EBITDA is ranked worse than
94.1% of 1628 companies
in the Software industry
Industry Median: 1.06 vs NOTE: 12.12

FiscalNote Holdings Debt-to-EBITDA Historical Data

The historical data trend for FiscalNote Holdings's Debt-to-EBITDA 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 Debt-to-EBITDA Chart

FiscalNote Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-9.68 -23.17 -9.22 -1.89 -4.45

FiscalNote Holdings Quarterly Data
Dec19 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA 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 -7.65 -3.55 40.02 -1.85 0.70

Competitive Comparison of FiscalNote Holdings's Debt-to-EBITDA

For the Information Technology Services subindustry, FiscalNote Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, FiscalNote Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where FiscalNote Holdings's Debt-to-EBITDA falls into.



FiscalNote Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

FiscalNote Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.171 + 248.472) / -56.581
=-4.45

FiscalNote Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.462 + 178.807) / 259.216
=0.70

* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


FiscalNote Holdings  (NYSE:NOTE) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


FiscalNote Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of FiscalNote Holdings's Debt-to-EBITDA 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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