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Stillwater Mining Co (Stillwater Mining Co) Degree of Financial Leverage : 0.00 (As of Dec. 2016)


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What is Stillwater Mining Co 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). Stillwater Mining Co's Degree of Financial Leverage for the quarter that ended in Dec. 2016 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

SWC's Degree of Financial Leverage is not ranked *
in the Metals & Mining industry.
Industry Median: 0.99
* Ranked among companies with meaningful Degree of Financial Leverage only.

Stillwater Mining Co Degree of Financial Leverage Historical Data

The historical data trend for Stillwater Mining Co'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.

Stillwater Mining Co Degree of Financial Leverage Chart

Stillwater Mining Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Degree of Financial Leverage
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Stillwater Mining Co Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Stillwater Mining Co's Degree of Financial Leverage

For the Other Industrial Metals & Mining subindustry, Stillwater Mining Co'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.


Stillwater Mining Co's Degree of Financial Leverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Stillwater Mining Co's Degree of Financial Leverage distribution charts can be found below:

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



Stillwater Mining Co Degree of Financial Leverage Calculation

Stillwater Mining Co's Degree of Financial Leverage for the quarter that ended in Dec. 2016 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 0.08 (Dec. 2016) / -0.1 (Dec. 2015) - 1 )/( 29.644 (Dec. 2016) / -15.882 (Dec. 2015) - 1 )
=-1.8/-2.8665
=0.63***

* 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.


Stillwater Mining Co  (NYSE:SWC) 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.


Stillwater Mining Co Degree of Financial Leverage Related Terms

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Stillwater Mining Co (Stillwater Mining Co) Business Description

Traded in Other Exchanges
N/A
Address
Stillwater Mining Company is the only platinum-group metals miner in the United States, and one of the producers outside of South Africa and the Russian Federation. The company is engaged in the development, extraction, and processing of platinum-group metals from a geological formation in south-central Montana known as the J-M Reef. Platinum-group metals are rare precious metals used in a wide variety of applications, including automobile catalysts, fuel cells, hydrogen purification, electronics, jewellery, dentistry, medicine, and coinage. The company also recycles the metals from catalytic converters and other industrial sources. It has Mine production, PGM recycling, Canadian properties, South American properties and All other. Mine production segment engages in the development, extraction, processing and refining of PGMs. The PGM catalyst segment recycles spent catalyst material to recover PGM contained in the material. The Canadian properties segment consists primarily marathon mineral property assets. The exploration stage Marathon mineral properties include PGM and copper deposit located near town of Marathon and Ontario and properties adjacent to Marathon. The South American properties segment includes Peregrine metals Ltd assets. All other segment covers assets including investments, revenues, expenses of corporate and support functions.
Executives
Patrice E Merrin director 92 BIRCH AVENUE, TORONTO A6 M4V1C8
George M Bee director 30 OLD MILL ROAD, SUITE 806, ETOBICOKE A6 M8X 0A5
Kevin G Shiell officer: Vice President STILLWATER MINING COMPANY, 1321 DISCOVERY DRIVE, BILLINGS MT 59102
Patrick M James other: Former Director C/O STILLWATER MINING COMPANY, 1321 DISCOVERY DRIVE, BILLINGS MT 59102
Sheryl K Pressler other: Former Director 5085 HAVEN COURT, ATLANTA GA 30342
Francis R Mcallister officer: Chief Executive Officer STILLWATER MINING COMPANY, 1321 DISCOVERY DRIVE, BILLINGS MT 59102
Platinum Investment Management Ltd 10 percent owner C/O PLATINUM ASSET MANAGEMENT, LEVEL 8, 7 MACQUARIE PLACE, SYDNEY AUSTRALIA 2000 C3 00000
Norlisk Nickel Mmc 10 percent owner VOZNESENSKY PEREULOK, 22 USADBA CENTER MOSCOW, RUSSIA 1Z 0000
Norilsk Holdings Sa 10 percent owner 50 RUE DU RHONE 1204, GENEVE, SWITZERLAND V8 0000
Riegle Donald W Jr other: Former Director WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Mcguire Michael E Jr other: Former Director 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Vladimir O Potanin 10 percent owner 9 BOLSHAYA YAKIMANKA STREET, MOSCOW RUSSIA 1Z 0000
Mikhail D Prokhorov 10 percent owner VOZNESENSKY PEREULOK, 22 USADBA CENTER, MOSCOW RUSSIA 1Z 0000
Stephen A Lang officer: Executive Vice President 1 UNIVERSITY AVENUE, SUITE 1500, TORONTO A6 M5J 2P1
Jack Edward Thompson director ONE NORTH CENTRAL AVE, PHOENIX AZ 85004

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