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Symetra Financial (Symetra Financial) Degree of Financial Leverage : 0.00 (As of Sep. 2015)


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What is Symetra Financial 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). Symetra Financial's Degree of Financial Leverage for the quarter that ended in Sep. 2015 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

SYA's Degree of Financial Leverage is not ranked *
in the Insurance industry.
Industry Median: 0.95
* Ranked among companies with meaningful Degree of Financial Leverage only.

Symetra Financial Degree of Financial Leverage Historical Data

The historical data trend for Symetra Financial'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.

Symetra Financial Degree of Financial Leverage Chart

Symetra Financial Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Degree of Financial Leverage
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Symetra Financial Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Symetra Financial's Degree of Financial Leverage

For the Insurance - Life subindustry, Symetra Financial'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.


Symetra Financial's Degree of Financial Leverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Symetra Financial's Degree of Financial Leverage distribution charts can be found below:

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



Symetra Financial Degree of Financial Leverage Calculation

Symetra Financial's Degree of Financial Leverage for the quarter that ended in Sep. 2015 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 1.36 (Sep. 2015) / 2.14 (Sep. 2014) - 1 )/( 192.1 (Sep. 2015) / 332.1 (Sep. 2014) - 1 )
=-0.3645/-0.4216
=0.86***

* 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.


Symetra Financial  (NYSE:SYA) 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.


Symetra Financial Degree of Financial Leverage Related Terms

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


Symetra Financial (Symetra Financial) Business Description

Traded in Other Exchanges
N/A
Address
Symetra Financial Corp was incorporated in 2004 under the laws of Delaware. It is a financial services company in the life insurance industry. Its products are distributed domestically in all states and the District of Columbia, through benefits consultants, financial institutions, and independent agents and advisers. The Company manages its business through three divisions, namely The Benefits division, which includes the Benefits segment, provides medical stop-loss insurance, group life and disability income (DI) insurance, and limited benefit medical insurance as its principal products; The Retirement division, which includes the Deferred Annuities and Income Annuities segments, provides single-premium fixed deferred annuities (fixed annuities, including fixed indexed annuities), variable deferred annuities and single premium immediate annuities (SPIAs) as its principal products; The Individual Life Division, which includes the Individual Life segment, offers retail products, such as universal life (UL) and term life insurance, and products sold to institutions, including bank-owned life insurance (BOLI) and variable corporate-owned life Insurance (COLI), as its principal products. The Company faces significant competition for customers and distributors from insurance and other non-insurance financial services companies, such as banks, broker-dealers and asset managers, in each of its businesses. The Company's insurance operations are subject to a wide variety of laws and regulations.
Executives
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Thomas M Marra director, officer: President, CEO HARTFORD LIFE INC, 200 HOPMEADOW STREET, SIMSBURY CT 06089
Peter S Burgess director 88 SHERWOOD DRIVE, GLASTONBURY CT 06033
Sander M. Levy director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Lowndes Andrew Smith director C/O WHITE MOUNTIAN INSURANCE GROUP, 80 S MIAN ST, HANOVER NH 03755
Robert R Lusardi director C/O WHITE MOUNTAINS INSURANCE GROUP, LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755
General Reinsurance Corp 10 percent owner
General Re Corp 10 percent owner 120 LONG RIDGE RD., STAMFORD CT 06902
David Thomas Foy director C/O WHITE MOUNTAINS INSURANCE GROUP LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755
Randall H Talbot other: Former Director & Pres/CEO 777 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98124-1690

Symetra Financial (Symetra Financial) Headlines

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