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East Side Games Group (East Side Games Group) Degree of Financial Leverage : 1.01 (As of Mar. 2024)


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What is East Side Games Group 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). East Side Games Group's Degree of Financial Leverage for the quarter that ended in Mar. 2024 was 1.01. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for East Side Games Group's Degree of Financial Leverage or its related term are showing as below:

EAGRF's Degree of Financial Leverage is ranked worse than
53.11% of 578 companies
in the Interactive Media industry
Industry Median: 0.99 vs EAGRF: 1.01

East Side Games Group Degree of Financial Leverage Historical Data

The historical data trend for East Side Games Group'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.

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East Side Games Group Degree of Financial Leverage Chart

East Side Games Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Financial Leverage
- 0.39 1.16 0.21 0.98

East Side Games Group Quarterly Data
Mar19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.96 0.90 0.98 1.01

Competitive Comparison of East Side Games Group's Degree of Financial Leverage

For the Electronic Gaming & Multimedia subindustry, East Side Games Group'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.


East Side Games Group's Degree of Financial Leverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, East Side Games Group's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where East Side Games Group's Degree of Financial Leverage falls into.



East Side Games Group Degree of Financial Leverage Calculation

East Side Games Group's Degree of Financial Leverage for the quarter that ended in Mar. 2024 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 0.024 (Mar. 2024) / 0.098 (Mar. 2023) - 1 )/( 1.868 (Mar. 2024) / 7.446 (Mar. 2023) - 1 )
=-0.7551/-0.7491
=1.01***

* 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.


East Side Games Group  (OTCPK:EAGRF) 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.


East Side Games Group Degree of Financial Leverage Related Terms

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East Side Games Group (East Side Games Group) Business Description

Traded in Other Exchanges
Address
#3104 - 1055 Dunsmuir Street, Four Bentall Centre, Vancouver, BC, CAN, V7X 1G4
East Side Games Group Inc is a free-to-play mobile game group, that creates engaging games that produce enduring player loyalty. Its studio group entrepreneurial culture is anchored in creativity, execution, and growth through a diverse portfolio of original and licensed IP mobile games that include Archer: Danger Phone, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm, The Goldbergs: Back to the 80s, It's Always Sunny: The Gang Goes Mobile; Trailer Park Boys Greasy Money, and many more. It generates revenue through in-app purchases (IAP) from the sale of in-game virtual items that enhance the gameplaying experience, and through in-game advertising.