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Zero Gravity Solutions (Zero Gravity Solutions) Degree of Financial Leverage : 0.00 (As of Sep. 2019)


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What is Zero Gravity Solutions 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). Zero Gravity Solutions's Degree of Financial Leverage for the quarter that ended in Sep. 2019 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

ZGSI's Degree of Financial Leverage is not ranked *
in the Agriculture industry.
Industry Median: 1.07
* Ranked among companies with meaningful Degree of Financial Leverage only.

Zero Gravity Solutions Degree of Financial Leverage Historical Data

The historical data trend for Zero Gravity Solutions'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.

Zero Gravity Solutions Degree of Financial Leverage Chart

Zero Gravity Solutions Annual Data
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Zero Gravity Solutions Quarterly Data
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Competitive Comparison of Zero Gravity Solutions's Degree of Financial Leverage

For the Agricultural Inputs subindustry, Zero Gravity Solutions'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.


Zero Gravity Solutions's Degree of Financial Leverage Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Zero Gravity Solutions's Degree of Financial Leverage distribution charts can be found below:

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



Zero Gravity Solutions Degree of Financial Leverage Calculation

Zero Gravity Solutions's Degree of Financial Leverage for the quarter that ended in Sep. 2019 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -0.18 (Sep. 2019) / -0.146 (Sep. 2018) - 1 )/( -4.07 (Sep. 2019) / -5.475 (Sep. 2018) - 1 )
=0.2329/-0.2566
=-0.91***

* 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.


Zero Gravity Solutions  (OTCPK:ZGSI) 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.


Zero Gravity Solutions Degree of Financial Leverage Related Terms

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Zero Gravity Solutions (Zero Gravity Solutions) Business Description

Traded in Other Exchanges
N/A
Address
190 North West Spanish River Boulevard, Boca Raton, FL, USA, 33431
Zero Gravity Solutions Inc is a developer of a biotechnology company focused on safe and sustainable agriculture. The company uses a plant priming technology that harnesses natural physiology, enabling farmers to sustainably improve crop yields, mitigate disease, and increase profitability.
Executives
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Ed Cowle director 6 EAST 45TH ST., SUITE 1000, NEW YORK NY 10017
H Deworth Williams director 2681 EAST PARLEYS WAY, SUITE #204, SALT LAKE CITY UT 84109
Harvey N Kaye director, officer: Chairman 190 NW SPANISH RIVER BLVD., SUITE 101, BOCA RATON FL 33431

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