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CONSOL Coal Resources LP (CONSOL Coal Resources LP) Degree of Financial Leverage : 0.00 (As of Sep. 2020)


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What is CONSOL Coal Resources LP 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). CONSOL Coal Resources LP's Degree of Financial Leverage for the quarter that ended in Sep. 2020 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for CONSOL Coal Resources LP's Degree of Financial Leverage or its related term are showing as below:

CCR's Degree of Financial Leverage is not ranked *
in the Other Energy Sources industry.
Industry Median: 0.965
* Ranked among companies with meaningful Degree of Financial Leverage only.

CONSOL Coal Resources LP Degree of Financial Leverage Historical Data

The historical data trend for CONSOL Coal Resources LP'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.

CONSOL Coal Resources LP Degree of Financial Leverage Chart

CONSOL Coal Resources LP Annual Data
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CONSOL Coal Resources LP Quarterly Data
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Competitive Comparison of CONSOL Coal Resources LP's Degree of Financial Leverage

For the Thermal Coal subindustry, CONSOL Coal Resources LP'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.


CONSOL Coal Resources LP's Degree of Financial Leverage Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CONSOL Coal Resources LP's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where CONSOL Coal Resources LP's Degree of Financial Leverage falls into.



CONSOL Coal Resources LP Degree of Financial Leverage Calculation

CONSOL Coal Resources LP's Degree of Financial Leverage for the quarter that ended in Sep. 2020 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -0.145 (Sep. 2020) / 1.89 (Sep. 2019) - 1 )/( 4.793 (Sep. 2020) / 59.032 (Sep. 2019) - 1 )
=-1.0767/-0.9188
=1.17***

* 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.


CONSOL Coal Resources LP  (NYSE:CCR) 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.


CONSOL Coal Resources LP Degree of Financial Leverage Related Terms

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CONSOL Coal Resources LP (CONSOL Coal Resources LP) Business Description

Traded in Other Exchanges
N/A
Address
1000 CONSOL Energy Drive, Suite 100, CNX Center, Canonsburg, PA, USA, 15317-6506
CONSOL Coal Resources LP is engaged in the thermal coal operations in Pennsylvania. The company's assets include interests in CONSOL energy's Pennsylvania mining complex, which consists of approximately three underground mines (Bailey Mine, Enlow Fork Mine, and Harvey Mine) and related infrastructure that produce bituminous thermal coal that is sold primarily to electric utilities in the eastern United States. All the operations of the group are conducted at a single mining complex located in the Northern Appalachian Basin in southwestern Pennsylvania.
Executives
Jeffrey L Wallace director, other: SEE REMARKS 1000 CONSOL ENERGY DRIVE CANONSBURG PA 15317
Michael L Greenwood director, other: SEE REMARKS
Dan D Sandman director, other: SEE REMARKS
Miteshkumar Thakkar officer: See Remarks 1000 CONSOL DRIVE, SUITE 100, CANONSBURG PA 15317
John Rothka officer: Chief Accounting Officer 2970 HENDERSON AVENUE, WASHINGTON PA 15301
Consol Energy Inc. director, 10 percent owner 1000 CONSOL ENERGY DRIVE SUITE #100 CANONSBURG PA 15317
Greenlight Capital Inc 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors, Lp 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors Gp, L.l.c. 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Capital Management, Lp 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
David Einhorn 10 percent owner, other: See Footnotes (1) - (11) 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Deborah J. Lackovic director, other: SEE REMARKS C/O CONSOL COAL RESOURCES LP 100 CONSOL ENERGY DRIVE, SUITE 100 CANONSBURG PA 15317
Kurt R. Salvatori director, other: SEE REMARKS 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Martha A Wiegand officer: SEE REMARKS 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
James A Brock director, officer: SEE REMARKS 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317