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Strategic Hotels & Resorts (Strategic Hotels & Resorts) Degree of Financial Leverage : 0.00 (As of Sep. 2015)


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What is Strategic Hotels & Resorts 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). Strategic Hotels & Resorts's Degree of Financial Leverage for the quarter that ended in Sep. 2015 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for Strategic Hotels & Resorts's Degree of Financial Leverage or its related term are showing as below:

BEE's Degree of Financial Leverage is not ranked *
in the REITs industry.
Industry Median: 1.08
* Ranked among companies with meaningful Degree of Financial Leverage only.

Strategic Hotels & Resorts Degree of Financial Leverage Historical Data

The historical data trend for Strategic Hotels & Resorts'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.

Strategic Hotels & Resorts Degree of Financial Leverage Chart

Strategic Hotels & Resorts Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Degree of Financial Leverage
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Strategic Hotels & Resorts Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Strategic Hotels & Resorts's Degree of Financial Leverage

For the REIT - Hotel & Motel subindustry, Strategic Hotels & Resorts'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.


Strategic Hotels & Resorts's Degree of Financial Leverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Strategic Hotels & Resorts's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where Strategic Hotels & Resorts's Degree of Financial Leverage falls into.



Strategic Hotels & Resorts Degree of Financial Leverage Calculation

Strategic Hotels & Resorts's Degree of Financial Leverage for the quarter that ended in Sep. 2015 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 0.145 (Sep. 2015) / 1.406 (Sep. 2014) - 1 )/( 158.262 (Sep. 2015) / 264.841 (Sep. 2014) - 1 )
=-0.8969/-0.4024
=2.23***

* 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.


Strategic Hotels & Resorts  (NYSE:BEE) 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.


Strategic Hotels & Resorts Degree of Financial Leverage Related Terms

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Strategic Hotels & Resorts (Strategic Hotels & Resorts) Business Description

Traded in Other Exchanges
N/A
Address
Strategic Hotels & Resorts Inc was incorporated in Maryland in January 2004 to acquire and asset-manage upper upscale and luxury hotels that are subject to long-term management contracts. The Company operates as a self-administered and self-managed real estate investment trust (REIT) managed by its board of directors and executive officers and conduct its operations through the Company's direct and indirect subsidiaries including SH Funding. It does not operate any of its hotels directly; instead it employs internationally known hotel management companies to operate them for the Company under management contracts or operating leases. As of February 26, 2014, the Company wholly owns or leases 14 hotels. The Company's existing hotels are operated under the widely-recognized upper upscale and luxury brands of Fairmont, Four Seasons, Hyatt, InterContinental, JW Marriott, Loews, Marriott, Ritz-Carlton and Westin, The Hotel del Coronado is operated by a specialty management company, KSL Resorts. The customers include individual or group business and leisure travelers.
Executives
Gellein Raymond L Jr director, officer: President and CEO STARWOOD HOTELS & RESORTS WORLDWIDE, INC, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Robert P Bowen director
Sheli Z Rosenberg director C/O EQUITY GROUP INVESTMENTS, L.L.C., TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Eugene F Reilly director C/O AMB PROPERTY CORP, PIER I BAY 1, SAN FRANCISCO CA 94111
David William Johnson director 4100 MIDWAY ROAD, SUITE 2115, CARROLLTON TX 75007
Diane M Morefield officer: EVP & CFO 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Richard D Kincaid director EQUITY OFFICE PROPERTIES, CHICAGO IL 60606
Laurence S Geller director, officer: President and CEO 77 WEST WACKER DRIVE, CHICAGO IL 60601
Thomas H Patrick other: Member of 10% Owner Group C/O BALDWIN & LYONS INC, 1099 NORTH MERIDIAN STREET, INDIANAPOLIS IN 46204
James E Mead officer: Ex. VP & CFO C/O STRATEGIC HOTEL CAPITAL, INC., 77 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601
Security Capital Research & Management Inc other: Previously was 10% owner 10 SOUTH DEARBORN STREET, SUITE 1400, CHICAGO IL 60603
Edward C Coppola director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Michael W Brennan director C/O FIRST INDUSTRIAL REALTY TRUST, 311 SOUTH WACKER DR, STE. 4000, CHICAGO IL 60606
Jonathan A Langer other: Former Director C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Prudential Financial Inc director 751 BROAD ST, NEWARK NJ 07102

Strategic Hotels & Resorts (Strategic Hotels & Resorts) Headlines