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Bull Horn Holdings (Bull Horn Holdings) Degree of Financial Leverage : 0.00 (As of Jun. 2022)


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What is Bull Horn Holdings 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). Bull Horn Holdings's Degree of Financial Leverage for the quarter that ended in Jun. 2022 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

BHSE's Degree of Financial Leverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.71
* Ranked among companies with meaningful Degree of Financial Leverage only.

Bull Horn Holdings Degree of Financial Leverage Historical Data

The historical data trend for Bull Horn Holdings'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.

Bull Horn Holdings Degree of Financial Leverage Chart

Bull Horn Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Degree of Financial Leverage
- - - -0.16

Bull Horn Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 - - -0.16 -0.03 -0.40

Competitive Comparison of Bull Horn Holdings's Degree of Financial Leverage

For the Shell Companies subindustry, Bull Horn Holdings'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.


Bull Horn Holdings's Degree of Financial Leverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bull Horn Holdings's Degree of Financial Leverage distribution charts can be found below:

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



Bull Horn Holdings Degree of Financial Leverage Calculation

Bull Horn Holdings's Degree of Financial Leverage for the quarter that ended in Jun. 2022 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 0.551 (Jun. 2022) / -1.304 (Jun. 2021) - 1 )/( -1.657 (Jun. 2022) / -0.366 (Jun. 2021) - 1 )
=-1.4225/3.5273
=-0.40***

* 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.


Bull Horn Holdings  (NAS:BHSE) 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.


Bull Horn Holdings Degree of Financial Leverage Related Terms

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


Bull Horn Holdings (Bull Horn Holdings) Business Description

Traded in Other Exchanges
N/A
Address
801 S. Pointe Drive, Suite TH-1, Miami Beach, FL, USA, 33139
Bull Horn Holdings Corp is a blank check company.
Executives
Harraden Circle Investments, Llc 10 percent owner 299 PARK AVE, 21ST FLOOR, NEW YORK NY 10171
Harraden Circle Investors, Lp 10 percent owner 299 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10171
Harraden Circle Investors Gp, Lp 10 percent owner 299 PARK AVE., 21ST FLOOR, NEW YORK NY 10171
Harraden Circle Investors Gp, Llc 10 percent owner 299 PARK AVE., 21ST FLOOR, NEW YORK NY 10171
Fortmiller Frederick Vincent Jr. 10 percent owner 151 LULL ROAD, NEW BOSTON NH 03070
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Douglas D Schaer director C/O LIVEXLIVE MEDIA, INC., 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Baron Davis director 801 S. POINTE DRIVE SUITE TH-1, MIAMI BEACH FL 33139
Bull Horn Holdings Sponsor Llc 10 percent owner 801 S POINTE DRIVE SUITE TH-1, MIAMI BEACH FL 33139
Michael Milton Gandler director 801 S POINTE DRIVE SUITE TH-1, MIAMI BEACH FL 33139
Jeffrey Wattenburg director 801 S. POINTE DRIVE SUITE TH-1, NEW YORK NY 33139
Chris Calise director, 10 percent owner, officer: Chief Financial Officer 801 S. POINTE DRIVE SUITE TH-1, MIAMI BEACH FL 33139
Stephen Masters director 801 S. POINTE SUITE TH-1, MIAMI BEACH FL 33139