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Cadus (KDUS) Degree of Financial Leverage : 0.00 (As of Mar. 2018)


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

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

KDUS'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.

Cadus Degree of Financial Leverage Historical Data

The historical data trend for Cadus'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.

Cadus Degree of Financial Leverage Chart

Cadus Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Degree of Financial Leverage
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Cadus Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Cadus's Degree of Financial Leverage

For the Real Estate - Development subindustry, Cadus'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.


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

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

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



Cadus Degree of Financial Leverage Calculation

Cadus's Degree of Financial Leverage for the quarter that ended in Mar. 2018 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -0.11 (Mar. 2018) / -0.04 (Mar. 2017) - 1 )/( -1.166 (Mar. 2018) / -0.525 (Mar. 2017) - 1 )
=1.75/1.221
=1.43***

* 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.


Cadus  (OTCPK:KDUS) 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.


Cadus Degree of Financial Leverage Related Terms

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


Cadus (KDUS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Cadus Corp is engaged in purchasing land and residential homes for construction or renovation and resale in areas of the United States. It has predominantly concentrated its real estate acquisition, renovation and construction activities in South Florida. The majority of the properties are waterfront properties. It purchases individual homes to renovate them for resale or to demolish them for new home construction and sale. When vacant lots are purchased, the company intends to construct new homes on them for sale.
Executives
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Jack Gumpert Wasserman director 510 EAST 86TH STREET, NEW YORK NY 10028-7504
Hunter Clark Gary director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Brett Icahn director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Moab Capital Partners Llc 10 percent owner PO BOX 352, SHORT HILLS NJ 07078
Michael Rothenberg 10 percent owner 15 EAST 62ND STREET, NEW YORK NY 10021
Moab Gp Llc 10 percent owner 15 EAST 62ND STREET, NEW YORK NY 10021
Moab Partners Lp 10 percent owner PO BOX 352, SHORT HILLS NJ 07078
Russell D Glass director 170 N. RADNOR-CHESTER ROAD, SUITE 200, RADNOR PA 19087

Cadus (KDUS) Headlines

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