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BLLI (Bell Industries) Degree of Financial Leverage : 0.00 (As of Sep. 2010)


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What is Bell Industries 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). Bell Industries's Degree of Financial Leverage for the quarter that ended in Sep. 2010 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

BLLI's Degree of Financial Leverage is not ranked *
in the Software industry.
Industry Median: 0.97
* Ranked among companies with meaningful Degree of Financial Leverage only.

Bell Industries Degree of Financial Leverage Historical Data

The historical data trend for Bell Industries'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.

Bell Industries Degree of Financial Leverage Chart

Bell Industries Annual Data
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Bell Industries Quarterly Data
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Competitive Comparison of Bell Industries's Degree of Financial Leverage

For the Information Technology Services subindustry, Bell Industries'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.


Bell Industries's Degree of Financial Leverage Distribution in the Software Industry

For the Software industry and Technology sector, Bell Industries's Degree of Financial Leverage distribution charts can be found below:

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



Bell Industries Degree of Financial Leverage Calculation

Bell Industries's Degree of Financial Leverage for the quarter that ended in Sep. 2010 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -4968.2 (Sep. 2010) / -6169.16 (Sep. 2009) - 1 )/( 1.173 (Sep. 2010) / -1.147 (Sep. 2009) - 1 )
=-0.1947/-2.0227
=0.10***

* 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.


Bell Industries  (GREY:BLLI) 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.


Bell Industries Degree of Financial Leverage Related Terms

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Bell Industries Business Description

Industry
Traded in Other Exchanges
N/A
Address
4400 W 96th Street, Indianapolis, IN, USA, 46268
Bell Industries Inc is an information technology managed services and solutions company. It provides transformational Next Generation Digital Workplace and Infrastructure Management Solutions to large and mid-market enterprises, as well as the public sector. It also offers End User Computing, Infrastructure Management and Cloud Computing, IT Lifecycle Services and Enterprise Mobility Management.
Executives
Newcastle Partners L P other: see attached explanation 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Mark E Schwarz director, 10 percent owner, officer: Chairman, other: see attached explanation 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Newcastle Capital Group Llc other: see attached explanation 5420 LYNDON B. JOHNSON FREEWAY, STE 1400, DALLAS TX 75240
Newcastle Capital Management Lp other: see attached explanation 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Clinton J Coleman director, other: see attached explanation C/O NEWCASTLE CAPITAL MANAGEMENT, L.P., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Dale Booth director

Bell Industries Headlines

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