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Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). Simplicity Esports and Gaming Co's Degree of Financial Leverage for the quarter that ended in Feb. 2023 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.
The industry rank for Simplicity Esports and Gaming Co's Degree of Financial Leverage or its related term are showing as below:
The historical data trend for Simplicity Esports and Gaming Co'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.
Simplicity Esports and Gaming Co Annual Data | |||||||||||||||
Trend | May17 | May18 | May19 | May20 | May21 | May22 | |||||||||
Degree of Financial Leverage | Get a 7-Day Free Trial | - | 0.21 | 2.93 | 0.90 | 0.78 |
Simplicity Esports and Gaming Co Quarterly Data | ||||||||||||||||||||
May18 | Aug18 | Nov18 | Feb19 | May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | |
Degree of Financial Leverage | Get a 7-Day Free Trial | 0.90 | 0.78 | 0.68 | -0.26 | -0.26 |
For the Electronic Gaming & Multimedia subindustry, Simplicity Esports and Gaming Co'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.
For the Interactive Media industry and Communication Services sector, Simplicity Esports and Gaming Co's Degree of Financial Leverage distribution charts can be found below:
* The bar in red indicates where Simplicity Esports and Gaming Co's Degree of Financial Leverage falls into.
Simplicity Esports and Gaming Co's Degree of Financial Leverage for the quarter that ended in Feb. 2023 is calculated as:
Degree of Financial Leverage | = | % Change in Earnings per Share (Diluted)** | / | % Change in EBIT |
= | ( -6.96 (Feb. 2023) / -6.51 (Feb. 2022) - 1 ) | / | ( -4.957 (Feb. 2023) / -6.709 (Feb. 2022) - 1 ) | |
= | 0.0691 | / | -0.2611 | |
= | -0.26*** |
* 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.
Simplicity Esports and Gaming Co (OTCPK:WINR) 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.
Thank you for viewing the detailed overview of Simplicity Esports and Gaming Co's Degree of Financial Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Beatrice Tarka | director | 800 WEST EL CAMINO REAL, SUITE 275, MOUNTAIN VIEW CA 94040 |
Roman Nehemiah Franklin | director, officer: President | 1345 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10105 |
Herrmann William H Jr | director | PO BOX 6, BRYN ATHYN PA 19009 |
Jed Philip Kaplan | director, officer: CEO and Interim CFO | C/O SIMPLICITY ESPORTS AND GAMING CO., 7000 W PALMETTO PARK ROAD SUITE 210, BOCA RATON FL 33433 |
Edward L Jaroski | director | 5847 SAN FELIPE, SUITE 4100, HOUSTON TX 77057 |
Nancy L. Hennessey | officer: Chief Financial Officer | 7000, W. PALMETTO PARK RD, SUITE 505, BOCA RATON FL 33433 |
Laila Cavalcanti Loss | director | 7000W PALMETTO PARK RD, SUITE 505, BOCA RATON FL 33433 |
Lau Knicks | officer: Chief Financial Officer | 1980 FESTIVAL PLAZA DR., SUITE 750, LAS VEGAS NV 89135 |
Polar Asset Management Partners Inc. | 10 percent owner | 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6 |
K2 Principal Fund, L.p. | 10 percent owner | 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2 |
K2 Genpar 2017 Inc. | 10 percent owner | 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2 |
Steven Michael Grossman | officer: President of Subsidiary | C/O SIMPLICITY ESPORTS AND GAMING CO., 7000 W PALMETTO PARK ROAD SUITE 210, BOCA RATON FL 33433 |
Donald R Caldwell | director | 5 RADNOR CORP CENTER STE 555, RADNOR PA 19087 |
Max Wayne Hooper | director | 1345 AVE OF THE AMERICAS 2ND FL, NEW YORK NY 10105 |
Frank Leavy | director | 1345 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10105 |
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