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Elanor Commercial Property Fund (ASX:ECF) Degree of Operating Leverage : 16.39 (As of Dec. 2024)


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What is Elanor Commercial Property Fund Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Elanor Commercial Property Fund's Degree of Operating Leverage for the quarter that ended in Dec. 2024 was 16.39. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Elanor Commercial Property Fund's Degree of Operating Leverage or its related term are showing as below:

ASX:ECF's Degree of Operating Leverage is ranked worse than
91.02% of 1703 companies
in the Real Estate industry
Industry Median: 0.92 vs ASX:ECF: 16.39

Elanor Commercial Property Fund Degree of Operating Leverage Historical Data

The historical data trend for Elanor Commercial Property Fund'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.

Elanor Commercial Property Fund Degree of Operating Leverage Chart

Elanor Commercial Property Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Degree of Operating Leverage
Get a 7-Day Free Trial - 118.98 2.28 -16.43 -167.78

Elanor Commercial Property Fund Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.09 -16.43 -46.47 -167.78 16.39

Competitive Comparison of Elanor Commercial Property Fund's Degree of Operating Leverage

For the Real Estate Services subindustry, Elanor Commercial Property Fund'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.


Elanor Commercial Property Fund's Degree of Operating Leverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Elanor Commercial Property Fund's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Elanor Commercial Property Fund's Degree of Operating Leverage falls into.


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Elanor Commercial Property Fund Degree of Operating Leverage Calculation

Elanor Commercial Property Fund's Degree of Operating Leverage for the quarter that ended in Dec. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -7.723 (Dec. 2024) / -22.571 (Dec. 2023) - 1 )/( 49.565 (Dec. 2024) / 51.637 (Dec. 2023) - 1 )
=-0.6578/-0.0401
=16.39***

* 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.


Elanor Commercial Property Fund  (ASX:ECF) 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.


Elanor Commercial Property Fund Degree of Operating Leverage Related Terms

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Elanor Commercial Property Fund Business Description

Traded in Other Exchanges
N/A
Address
259 George Street, Level 38, Sydney, NSW, AUS, 2000
Elanor Commercial Property Fund is engaged in the Australian real estate investment and funds management business. The key investment sector focuses are the commercial real estate, retail real estate and the hotels, tourism, and leisure sectors. The only operating business segment, being the investment in commercial properties in Australia. The company derives maximum revenue generated from a diversified portfolio of Government, Multinational and ASX listed tenants.