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FelCor Lodging Trust (FelCor Lodging Trust) Degree of Financial Leverage : 0.00 (As of Jun. 2017)


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What is FelCor Lodging Trust 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). FelCor Lodging Trust's Degree of Financial Leverage for the quarter that ended in Jun. 2017 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for FelCor Lodging Trust's Degree of Financial Leverage or its related term are showing as below:

FCHPRA.PFD'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.

FelCor Lodging Trust Degree of Financial Leverage Historical Data

The historical data trend for FelCor Lodging Trust'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.

FelCor Lodging Trust Degree of Financial Leverage Chart

FelCor Lodging Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Degree of Financial Leverage
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FelCor Lodging Trust Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of FelCor Lodging Trust's Degree of Financial Leverage

For the REIT - Hotel & Motel subindustry, FelCor Lodging Trust'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.


FelCor Lodging Trust's Degree of Financial Leverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, FelCor Lodging Trust's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where FelCor Lodging Trust's Degree of Financial Leverage falls into.



FelCor Lodging Trust Degree of Financial Leverage Calculation

FelCor Lodging Trust's Degree of Financial Leverage for the quarter that ended in Jun. 2017 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 0 (Jun. 2017) / 0 (Jun. 2016) - 1 )/( 31.21 (Jun. 2017) / 73.435 (Jun. 2016) - 1 )
=/-0.575
=0.00***

* 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.


FelCor Lodging Trust  (NYSE:FCHPRA.PFD) 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.


FelCor Lodging Trust Degree of Financial Leverage Related Terms

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FelCor Lodging Trust (FelCor Lodging Trust) Business Description

Traded in Other Exchanges
N/A
Address
FelCor Lodging Trust Inc. is a U.S.-based real estate investment trust that invests in upper-upscale, upscale, upper-midscale and independent hotel resort markets located in the U.S. and Canada. Through its subsidiary, FelCor Lodging Limited Partnership, or FelCor LP, the company holds ownership interests in the hotels in its portfolio. The firm operates through a single segment because of the similar economic characteristics of its hotels. The majority of the company's revenue is derived from its California properties. The firm's revenue streams include Room, Food and beverage, and Other operating departments revenue. Room comprises the majority of total revenue. FelCor's hotels operate under major brands, including Hilton, Marriott, Renaissance, Sheraton, Westin, and Holiday Inn.
Executives
Steven R Goldman director 777 WESTCHESTER AVENUE, C/O STARWOOD HOTELS & RESORTS WORLDWIDE, WHITEPLAIN NY 10604
Michael C. Hughes officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Christopher J Hartung director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Glenn A Carlin director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Mark D Rozells director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
C Brian Strickland director 420 SOUTH ORANGE AVE, ORLANDO FL 32801
Thomas C Hendrick director 18716 WAINSBOROUGH LANE, DALLAS TX 75287
Robert F Cotter director C/O FELCOR LODGING TRUST INCORPORATED, 545 E. JOHN CARPENTER FREEWAY, #1300, IRVING TX 75062
Jonathan H Yellen officer: Executive VP & Secretary COMMONWEALTH HALL AT OLD PARKLAND, 3899 MAPLE AVENUE, SUITE 410, DALLAS TX 75219
Troy A Pentecost officer: Executive Vice President 545 EAST JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
David C Kloeppel director C/O AMERICAN ADDICTION CENTERS, INC., 115 EAST PARK DRIVE, SECOND FLOOR, BRENTWOOD TN 37027
Richard Allen Smith officer: CFO & Executive Vice President 1950 STEMMONS FREEWAY STE 6001, DALLAS TX 75207

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