GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resource Mining Corp Ltd (ASX:RMI) » Definitions » Degree of Operating Leverage

Resource Mining (ASX:RMI) Degree of Operating Leverage : 0.00 (As of Dec. 2024)


View and export this data going back to 1985. Start your Free Trial

What is Resource Mining Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Resource Mining does not have enough data to calculate Degree of Operating Leverage.


Resource Mining Degree of Operating Leverage Historical Data

The historical data trend for Resource Mining'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.

Resource Mining Degree of Operating Leverage Chart

Resource Mining Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Resource Mining Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Resource Mining's Degree of Operating Leverage

For the Other Industrial Metals & Mining subindustry, Resource Mining'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.


Resource Mining's Degree of Operating Leverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Resource Mining's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Resource Mining's Degree of Operating Leverage falls into.


;
;

Resource Mining Degree of Operating Leverage Calculation

Resource Mining'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
=( -2.033 (Dec. 2024) / -4.565 (Dec. 2023) - 1 )/( 0 (Dec. 2024) / 0 (Dec. 2023) - 1 )
=-0.5547/
=N/A***

* 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.


Resource Mining  (ASX:RMI) 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.


Resource Mining Degree of Operating Leverage Related Terms

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


Resource Mining Business Description

Traded in Other Exchanges
N/A
Address
191 St. Georges Terrace, Level 5, Perth, WA, AUS, 6000
Resource Mining Corp Ltd is an independent Australian minerals company advancing a portfolio of prospective exploration projects focused on the definition of battery minerals in mining jurisdictions. The company holds interests in Finnish and Tanzanian projects such as the Mpanda and Mbozi Copper-Gold projects, the Liparamba, Mbinga Ni, Kola Lithium, and the Hirvikallio project. Its segments include Exploration activities in Tanzania, Exploration activities in Finland, and the Corporate activities segment which generates maximum revenue, in Australia.

Resource Mining Headlines

From GuruFocus

RiverNorth Closed-End Funds Declare Year-End Capital Gain Distributions

By Business Wire Business Wire 12-10-2021