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First Hartford (First Hartford) Degree of Financial Leverage : 0.00 (As of Apr. 2018)


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What is First Hartford Degree of Financial Leverage?

Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). First Hartford's Degree of Financial Leverage for the quarter that ended in Apr. 2018 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for First Hartford's Degree of Financial Leverage or its related term are showing as below:

FHRT's Degree of Financial Leverage is not ranked *
in the Real Estate industry.
Industry Median: 1.02
* Ranked among companies with meaningful Degree of Financial Leverage only.

First Hartford Degree of Financial Leverage Historical Data

The historical data trend for First Hartford's Degree of Financial Leverage 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.

First Hartford Degree of Financial Leverage Chart

First Hartford Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
Degree of Financial Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.61 -1.40 1.78 1.79 2.83

First Hartford Semi-Annual Data
Apr99 Apr00 Apr01 Apr02 Apr03 Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
Degree of Financial Leverage 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.61 -1.40 1.78 1.79 2.83

Competitive Comparison of First Hartford's Degree of Financial Leverage

For the Real Estate - Development subindustry, First Hartford's Degree of Financial Leverage, along with its competitors' market caps and Degree of Financial Leverage 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.


First Hartford's Degree of Financial Leverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Hartford's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where First Hartford's Degree of Financial Leverage falls into.



First Hartford Degree of Financial Leverage Calculation

First Hartford's Degree of Financial Leverage for the quarter that ended in Apr. 2018 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 0.68 (Apr. 2018) / 1.26 (Apr. 2017) - 1 )/( 13.945 (Apr. 2018) / 16.733 (Apr. 2017) - 1 )
=-0.4603/-0.1666
=2.76***

* 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.

** TTM data of EPS and EBIT was used to calculate Degree of Financial Leverage.
*** Please be aware that the Degree of Financial Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


First Hartford  (OTCPK:FHRT) Degree of Financial Leverage Explanation

Degree of Financial Leverage (DFL) is a leverage ratio that measures the sensitivity of a company’s Earnings per Share (EPS) to fluctuations in its operating income, also referred to as Earnings Before Interest and Taxes (EBIT), resulting from adjustments in its capital structure. DFL is an essential tool for companies to assess the appropriate level of debt or financial leverage in their capital structure. When EBIT remains relatively stable, it results in stable earnings and earnings per share. In such cases, the company may consider taking on substantial debt. However, for companies operating in industries with significant fluctuations in EBIT, it is advisable to keep debt at a manageable level.

The higher Degree of Financial Leverage, the more volatile earnings will be. Because interest is a fixed expense, leverage can amplify earnings and EPS. This is beneficial when EBIT is growing, but it can become problematic in tough economic conditions when EBIT is under pressure.

Be Aware

The use of financial leverage varies across different industries and business sectors, and the application of Degree of Financial Leverage (DFL) should be adjusted accordingly.


First Hartford Degree of Financial Leverage Related Terms

Thank you for viewing the detailed overview of First Hartford's Degree of Financial Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


First Hartford (First Hartford) Business Description

Traded in Other Exchanges
N/A
Address
149 Colonial Road, Manchester, CT, USA, 06042
First Hartford Corp is a real estate company. The company is engaged in the purchase, development, ownership, management, and sale of real estate. The company is engaged in two business segments namely Real Estate Operations and Fee for Service. The company generates maximum revenue from the Real Estate Operations segment.
Executives
Neil H Ellis director, 10 percent owner, officer: President PO BOX 1270 149 COLONIAL RD, C/O FIRST HARTFORD CORP, MANCHESTER CT 06045-1270
Barbara K Filippelli 10 percent owner 23 LAKEVIEW DR, PAWLING NY 12564
John Filippelli 10 percent owner 23 LAKEVIEW DRIVE, PAWLING NY 12564
Stuart I Greenwald director, officer: Secretary/Treasurer PO BOX 1270 COLONIAL RD, C/O FIRST HARTFORD CORP, MANCHESTER CT 06045-1270
Daniel B Harding director, officer: Vice President PO BOX 1270 COLONIAL RD, C/O FIRST HARTFORD CORP, MANCHESTER CT 06045-1270

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