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ADN (Advent Technologies Holdings) Degree of Operating Leverage : 0.44 (As of Sep. 2024)


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What is Advent Technologies Holdings Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Advent Technologies Holdings's Degree of Operating Leverage for the quarter that ended in Sep. 2024 was 0.44. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Advent Technologies Holdings's Degree of Operating Leverage or its related term are showing as below:

ADN's Degree of Operating Leverage is ranked better than
62.21% of 2937 companies
in the Industrial Products industry
Industry Median: 1.09 vs ADN: 0.44

Advent Technologies Holdings Degree of Operating Leverage Historical Data

The historical data trend for Advent Technologies Holdings's Degree of Operating 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.

Advent Technologies Holdings Degree of Operating Leverage Chart

Advent Technologies Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
- - 1.44 3.29 -4.65

Advent Technologies Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 -4.65 2.52 1.27 0.44

Competitive Comparison of Advent Technologies Holdings's Degree of Operating Leverage

For the Electrical Equipment & Parts subindustry, Advent Technologies Holdings's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating 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.


Advent Technologies Holdings's Degree of Operating Leverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advent Technologies Holdings's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Advent Technologies Holdings's Degree of Operating Leverage falls into.


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Advent Technologies Holdings Degree of Operating Leverage Calculation

Advent Technologies Holdings's Degree of Operating Leverage for the quarter that ended in Sep. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -66.851 (Sep. 2024) / -44.291 (Sep. 2023) - 1 )/( 9.021 (Sep. 2024) / 4.158 (Sep. 2023) - 1 )
=0.5094/1.1696
=0.44***

* 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 EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating 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.


Advent Technologies Holdings  (NAS:ADN) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


Advent Technologies Holdings Degree of Operating Leverage Related Terms

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Advent Technologies Holdings Business Description

Traded in Other Exchanges
N/A
Address
500 Rutherford Avenue, Suite 102, Boston, MA, USA, 02129
Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue from the sale of fuel cell systems and the sale of MEAs, membranes, and electrodes for specific applications in the fuel cell and energy storage (flow battery) markets.
Executives
Vassilios Gregoriou director, 10 percent owner, officer: Chairman and CEO ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Kevin L. Brackman officer: Chief Financial Officer 1293 SOUTH MAIN STREET, AKRON OH 44301
James F. Coffey officer: COO and General Counsel ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
De Castro Emory Sayre director, officer: Chief Technology Officer ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Von Mcconnell director 200 CLARENDON STREET, 25TH FLOOR, BOSTON MA 02116
Panoraia Gourdoupi director 200 CLARENDON STREET, 25TH FLOOR, BOSTON MA 02116
Wayne Threatt director 200 CLARENDON STREET, BOSTON MA 02116
Lawrence Epstein director 1200 CLARENDON STREET, BOSTON MA 02116
Clark Lawrence M Jr director C/O PAUL,WEISS,RIFKIND,WHARTON &, GARRISON LLP,1285 AVENUE OF THE AMERICAS, NEW YORK NY 10019-6064
Anggelos Skutaris director ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Katherine E. Fleming director ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Katrina Fritz director ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Christos Kaskavelis officer: Chief Marketing Officer SYNTAGMATARCHOU DAVAKI 1, FILOTHEI J3 15237
John Hunter William director, officer: President and CFO 930 TAHOE BOULEVARD, SUITE 802-16, INCLINE VILLAGE NV 89451
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116