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Cals Refineries (BOM:526652) Degree of Operating Leverage : 0.00 (As of Dec. 2017)


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What is Cals Refineries Degree of Operating Leverage?

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


Cals Refineries Degree of Operating Leverage Historical Data

The historical data trend for Cals Refineries'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.

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Cals Refineries Degree of Operating Leverage Chart

Cals Refineries Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Degree of Operating Leverage
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Cals Refineries Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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Competitive Comparison of Cals Refineries's Degree of Operating Leverage

For the Oil & Gas Refining & Marketing subindustry, Cals Refineries'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.


Cals Refineries's Degree of Operating Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cals Refineries's Degree of Operating Leverage distribution charts can be found below:

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


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Cals Refineries Degree of Operating Leverage Calculation

Cals Refineries's Degree of Operating Leverage for the quarter that ended in Dec. 2017 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -3.568 (Dec. 2017) / -4.625 (Dec. 2016) - 1 )/( 0 (Dec. 2017) / 0 (Dec. 2016) - 1 )
=-0.2285/
=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.


Cals Refineries  (BOM:526652) 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.


Cals Refineries Degree of Operating Leverage Related Terms

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Cals Refineries Business Description

Industry
Traded in Other Exchanges
N/A
Address
Suneja Tower-II, Unit No. 209, 2nd Floor, District Centre, Janakpuri, New Delhi, IND, 110058
Cals Refineries Ltd is a oil refining and petrochemical company.

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