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GulfMark Offshore (GulfMark Offshore) Degree of Financial Leverage : 0.00 (As of Sep. 2018)


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What is GulfMark Offshore 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). GulfMark Offshore's Degree of Financial Leverage for the quarter that ended in Sep. 2018 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

GLF's Degree of Financial Leverage is not ranked *
in the Oil & Gas industry.
Industry Median: 1.01
* Ranked among companies with meaningful Degree of Financial Leverage only.

GulfMark Offshore Degree of Financial Leverage Historical Data

The historical data trend for GulfMark Offshore'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.

GulfMark Offshore Degree of Financial Leverage Chart

GulfMark Offshore Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Degree of Financial Leverage
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GulfMark Offshore Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of GulfMark Offshore's Degree of Financial Leverage

For the Oil & Gas Equipment & Services subindustry, GulfMark Offshore'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.


GulfMark Offshore's Degree of Financial Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, GulfMark Offshore's Degree of Financial Leverage distribution charts can be found below:

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



GulfMark Offshore Degree of Financial Leverage Calculation

GulfMark Offshore's Degree of Financial Leverage for the quarter that ended in Sep. 2018 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -4 (Sep. 2018) / -9.01 (Sep. 2017) - 1 )/( -31.944 (Sep. 2018) / -122.608 (Sep. 2017) - 1 )
=-0.556/-0.7395
=0.75***

* 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.


GulfMark Offshore  (AMEX:GLF) 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.


GulfMark Offshore Degree of Financial Leverage Related Terms

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


GulfMark Offshore (GulfMark Offshore) Business Description

Industry
Traded in Other Exchanges
N/A
Address
GulfMark Offshore Inc is engaged in providing offshore marine services primarily to companies involved in the offshore exploration and production of oil and natural gas. Its vessels transport materials, supplies, and personnel to offshore facilities, and also move and position drilling and production facilities. Geographically, the operation of the firm can be seen across the region of the North Sea, offshore Southeast Asia, and offshore the Americas. It operates a fleet of over 69 owned or managed offshore supply vessels (OSVs), which include over 28 vessels in the North Sea, over 10 vessels offshore Southeast Asia and over 31 vessels offshore the Americas.
Executives
Samuel R Rubio officer: Senior VP and CFO 10111 RICHMOND AVE., STE. 340, HOUSTON TX 77042
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Krishna Shivram director C/O WEATHERFORD INTERNATIONAL PLC, 2000 ST JAMES PLACE, HOUSTON TX 77056
Quintin Kneen director, officer: President & CEO 400 N. SAM HOUSTON PKWY E. #900, HOUSTON TX 77060
William C Martin director, 10 percent owner C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Raging Capital Management, Llc director, 10 percent owner TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553-0228
Scott Mccarty director 301 COMMERCE STREET, SUITE 2975, FORT WORTH TX 76102
Kenneth H Traub director, other: See Remarks
Geoffrey Raynor director, 10 percent owner 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Renegade Swish, Llc director, 10 percent owner 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Louis Raspino director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Tidewater Inc 10 percent owner 842 WEST SAM HOUSTON PARKWAY NORTH, SUITE 400, HOUSTON TX 77024
David E Darling officer: Former SVP - CHRO 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Sheldon S Gordon director
David J Butters director RELIANT STADIUM TWO RELIANT PARK, HOUSTON TX 77054