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Healthy Extracts (Healthy Extracts) Degree of Financial Leverage : -0.13 (As of Mar. 2024)


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What is Healthy Extracts 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). Healthy Extracts's Degree of Financial Leverage for the quarter that ended in Mar. 2024 was -0.13. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

HYEX's Degree of Financial Leverage is ranked better than
86.38% of 1050 companies
in the Drug Manufacturers industry
Industry Median: 0.97 vs HYEX: -0.13

Healthy Extracts Degree of Financial Leverage Historical Data

The historical data trend for Healthy Extracts'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.

Healthy Extracts Degree of Financial Leverage Chart

Healthy Extracts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Financial Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 -0.53 3.04 1.13 0.05

Healthy Extracts Quarterly Data
Jun19 Sep19 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 Premium Member Only 0.12 0.22 0.15 0.05 -0.13

Competitive Comparison of Healthy Extracts's Degree of Financial Leverage

For the Drug Manufacturers - Specialty & Generic subindustry, Healthy Extracts'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.


Healthy Extracts's Degree of Financial Leverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Healthy Extracts's Degree of Financial Leverage distribution charts can be found below:

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



Healthy Extracts Degree of Financial Leverage Calculation

Healthy Extracts'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
=( -0.475 (Mar. 2024) / -0.543 (Mar. 2023) - 1 )/( -2.62 (Mar. 2024) / -1.341 (Mar. 2023) - 1 )
=-0.1252/0.9538
=-0.13***

* 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.


Healthy Extracts  (OTCPK:HYEX) 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.


Healthy Extracts Degree of Financial Leverage Related Terms

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


Healthy Extracts (Healthy Extracts) Business Description

Traded in Other Exchanges
N/A
Address
7375 Commercial Way, Suite 125, Henderson, NV, USA, 89011
Healthy Extracts Inc through its subsidiaries is engaged in proprietary research and development of natural plant-based formulations, manufacturing, sales, and distribution of cardiovascular and neuro products that provide natural brain solutions. The company also provides superfruit supplements to support overall cholesterol and cardiovascular health. Its products are distributed in the United States and Mexico. The company's operating segment includes Health Supplements and Corporate. It generates maximum revenue from the Health Supplements segment.
Executives
Robert Michael Madden officer: Chief Financial Officer 5269 SOUTH ALVERA CIR, SALT LAKE CITY UT 84117
Croyle William Russell Jr director 1 SILVERMOUND, LITTLETON CO 80127
Kevin Pitts 10 percent owner, officer: President 3664 CHRISTY RIDGE RD., SEDALIA CO 80135
Sanjeevkumar Ratanshi Javia director, officer: President 7161 E. RANCHO VISTA DRIVE, SUITE 3008, SCOTTSDALE AZ 85251
Patrick Stiles director, 10 percent owner, officer: President, CEO 10300 W. CHARLESTON, LAS VEGAS NV 89135
Joseph Nejman director, 10 percent owner, officer: President 555 BRYANT ST., SUITE 555, PALO ALTO CA 94301
William C Bossung director, 10 percent owner, officer: CFO and Secretary 10300 W. CHARLESTON BLVD., STE. 13-378, LAS VEGAS NV 89135
Brian J Dunn director, 10 percent owner 7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
Fred Covely director, 10 percent owner, officer: President and CEO 1508 GRANDVIEW RD., VISTA CA 92084

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