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Winthrop Realty Trust (Winthrop Realty Trust) Degree of Financial Leverage : 0.00 (As of Jun. 2014)


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What is Winthrop Realty 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). Winthrop Realty Trust's Degree of Financial Leverage for the quarter that ended in Jun. 2014 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

FUR'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.

Winthrop Realty Trust Degree of Financial Leverage Historical Data

The historical data trend for Winthrop Realty 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.

Winthrop Realty Trust Degree of Financial Leverage Chart

Winthrop Realty Trust Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Degree of Financial Leverage
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Winthrop Realty Trust Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Competitive Comparison of Winthrop Realty Trust's Degree of Financial Leverage

For the REIT - Diversified subindustry, Winthrop Realty 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.


Winthrop Realty Trust's Degree of Financial Leverage Distribution in the REITs Industry

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

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



Winthrop Realty Trust Degree of Financial Leverage Calculation

Winthrop Realty Trust's Degree of Financial Leverage for the quarter that ended in Jun. 2014 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 0.13 (Jun. 2014) / 0.72 (Jun. 2013) - 1 )/( 23.082 (Jun. 2014) / 47.242 (Jun. 2013) - 1 )
=-0.8194/-0.5114
=1.60***

* 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.


Winthrop Realty Trust  (NYSE:FUR) 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.


Winthrop Realty Trust Degree of Financial Leverage Related Terms

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Winthrop Realty Trust (Winthrop Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
Winthrop Realty Trust Inc is a real estate investment trust (REIT), is an unincorporated association in the form of a business trust organized in Ohio under a Declaration of Trust dated August 1, 1961. The Company conducts its business through its wholly owned operating partnership, WRT Realty L.P., a Delaware limited partnership. The Company is engaged in the business of owning real property and real estate related assets which it categorize into three reportable segments: (i) the ownership of investment properties including wholly owned properties and investments in joint ventures which own investment properties, which it refer to as operating properties; (ii) the origination and acquisition of senior loans, mezzanine loans and debt securities collateralized directly or indirectly by commercial and multi-family real property, which it refer to as loan assets; and (iii) the ownership of equity and debt interests in other real estate investment trusts (REITs), which it refer to as REIT securities. Its primary sources of income are rental income and tenant recoveries from leases of its operating properties, interest income and discount accretion from its loan assets, and interest and dividend income and appreciation from its investments in REIT securities. The Company competes with many other companies, including other REITs, insurance companies, commercial banks, private investment funds, hedge funds, specialty finance companies and other investors. Its operations and properties are subject to various federal, state and local laws.
Executives
Michael L Ashner director, officer: Chairman & CEO C/O WINTHROP FINANCIAL ASSOCIATES, TWO JERICHO PLAZA WING A, JERICHO NY 11753
Carolyn Tiffany director, officer: President C/O WINTHROP FINANICAL ASSOCIATES, 7 BULFINCH PLACE, SUITE 500, BOSTON MA 02114
Howard Goldberg director
King Street Capital Mgmt Llc 10 percent owner 299 PARK AVENUE, 40TH FLOOR, NEW YORK NY 10171
Brian J Higgins 10 percent owner 65 EAST 55TH STREET, 30TH FLOOR, NEW YORK NY 10022
Biondi O Francis Jr 10 percent owner 65 EAST 55TH STREET, 30TH FLOOR, NEW YORK NY 10022
Talton R Embry director C/O MAGTEN ASSET MANAGEMENT CORP, 410 PARK AVENUE, NEW YORK NY 10022
Bruce R Berkowitz director C/O FAIRHOLME CAPITAL MANAGEMENT, L.L.C., 4400 BISCAYNE BOULEVARD, 9TH FLOOR, MIAMI FL 33137
William A Ackman other: Former 10% Owner 787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Gotham Partners Lp /ny/ other: Former 10% owner 888 SEVENTH AVENUE, 29TH FLOOR, NEW YORK NY 10019
Section H Partners L P other: Fomer 10% Owner 110 EAST 42ND STREET 18TH FL, NEW YORK NY 10017
David P Berkowitz other: Former 10% Owner 110 EAST 42ND STREET 18TH FL, NEW YORK NY 10017
Gotham Parners Iii L P other: Former 10% Owner 888 SEVENTH AVENUE, 29TH FLOOR, NEW YORK NY 10019
Gotham International Advisors Llc other: Former 10% Owner 888 SEVENTH AVENUE, 29TH FLOOR, NEW YORK NY 10019
Karenina Corp other: Former 10% Owner 110 EAST 42ND STREET 18TH FLOOR, NEW YORK NY 10017

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