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Simply (Simply) Degree of Financial Leverage : 0.00 (As of Jan. 2022)


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What is Simply 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). Simply's Degree of Financial Leverage for the quarter that ended in Jan. 2022 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

SIMPQ's Degree of Financial Leverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.04
* Ranked among companies with meaningful Degree of Financial Leverage only.

Simply Degree of Financial Leverage Historical Data

The historical data trend for Simply'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.

Simply Degree of Financial Leverage Chart

Simply Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jan20 Jan21 Jan22
Degree of Financial Leverage
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Simply Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
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Competitive Comparison of Simply's Degree of Financial Leverage

For the Specialty Retail subindustry, Simply'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.


Simply's Degree of Financial Leverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Simply's Degree of Financial Leverage distribution charts can be found below:

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



Simply Degree of Financial Leverage Calculation

Simply's Degree of Financial Leverage for the quarter that ended in Jan. 2022 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -0.93 (Jan. 2022) / 0.42 (Jan. 2021) - 1 )/( -8.384 (Jan. 2022) / 5.5 (Jan. 2021) - 1 )
=-3.2143/-2.5244
=1.27***

* 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.


Simply  (OTCPK:SIMPQ) 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.


Simply Degree of Financial Leverage Related Terms

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


Simply (Simply) Business Description

Traded in Other Exchanges
N/A
Address
10801 NW 97th Street, Suite 09, Miami, FL, USA, 33178
Simply Inc through its subsidiary, operates a chain of retail electronics stores and is an authorized reseller of Apple products and other high-profile consumer electronic brands. It operates business in a single segment in the United States through its Simply Mac retail stores.
Executives
House Of Lithium Llc 10 percent owner 100 KING STREET WEST, SUITE 5600, TORONTO A6 M5X 1C9
Sol Global Investments Corp. 10 percent owner 100 KING STREET WEST, SUITE 5600, TORONTO A6 M5X 1C9
Sol Verano Blocker 1 Llc 10 percent owner, other: Wholly-Owned Subsidiary 100 KING STREET WEST, SUITE 5600, TORONTO A6 M5X 1C9
Reinier Voigt officer: Chief Operating Officer 48 NW 25TH STREET, MIAMI FL 33127
Kevin Taylor director, other: Chairman of the Board C/O COOL HOLDINGS, INC., 2001 NW 84TH AVENUE, MIAMI FL 33122
Vincent Earl Virga director C/O COOL HOLDINGS, INC., 2001 NW 84TH AVENUE, MIAMI FL 33122
Caravel Cad Fund Ltd. 10 percent owner #6 LYFORD CAY SHOPPING CENTRE, NEW PROVIDENCE C5 00000
Michael Galloro director 48 NW 25TH STREET, SUITE 108, MIAMI FL 33127
Mauricio Diaz director, officer: CEO 48 NW 25 ST 108, MIAMI FL 33127
Carlos Felipe Rezk director, officer: Chief Sales & Mktg Officer 48 NW 25TH STREET 108, MIAMI FL 33127
Carlos Alfredo Carrasco officer: Chief Financial Officer 48 NW, 25TH ST., MIAMI FL 33127
Andrew Anthony Defrancesco director 2300 E LAS OLAS BLVD., 5TH FLOOR, FORT LAUDERDALE FL 33301
Aaron Serruya director 48 NW 25TH STREET, MIAMI FL 33127
Vernon A Loforti officer: Chief Financial Officer 4350 EXECUTIVE DRIVE, SUITE 100, SAN DIEGO CA 92121
Roger Laungani officer: Interim CFO 4350 EXECUTIVE DRIVE, SUITE 100, SAN DIEGO CA 92121