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Fundo Investimento Imobiliario SC 401 (BSP:FISC11) Degree of Operating Leverage : 10.44 (As of Dec. 2023)


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What is Fundo Investimento Imobiliario SC 401 Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Fundo Investimento Imobiliario SC 401's Degree of Operating Leverage for the quarter that ended in Dec. 2023 was 10.44. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Fundo Investimento Imobiliario SC 401's Degree of Operating Leverage or its related term are showing as below:

BSP:FISC11's Degree of Operating Leverage is ranked worse than
79.4% of 728 companies
in the REITs industry
Industry Median: 1.25 vs BSP:FISC11: 10.44

Fundo Investimento Imobiliario SC 401 Degree of Operating Leverage Historical Data

The historical data trend for Fundo Investimento Imobiliario SC 401'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.

Fundo Investimento Imobiliario SC 401 Degree of Operating Leverage Chart

Fundo Investimento Imobiliario SC 401 Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 -10.52 70.33 7.20 10.44

Fundo Investimento Imobiliario SC 401 Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.77 -10.52 70.33 7.20 10.44

Competitive Comparison of Fundo Investimento Imobiliario SC 401's Degree of Operating Leverage

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario SC 401'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.


Fundo Investimento Imobiliario SC 401's Degree of Operating Leverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario SC 401's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario SC 401's Degree of Operating Leverage falls into.


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Fundo Investimento Imobiliario SC 401 Degree of Operating Leverage Calculation

Fundo Investimento Imobiliario SC 401's Degree of Operating Leverage for the quarter that ended in Dec. 2023 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 16.861 (Dec. 2023) / 2.543 (Dec. 2022) - 1 )/( 9.841 (Dec. 2023) / 6.394 (Dec. 2022) - 1 )
=5.6304/0.5391
=10.44***

* 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.


Fundo Investimento Imobiliario SC 401  (BSP:FISC11) 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.


Fundo Investimento Imobiliario SC 401 Degree of Operating Leverage Related Terms

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Fundo Investimento Imobiliario SC 401 Business Description

Traded in Other Exchanges
N/A
Address
Dr. Jose Montaury Street, 139 - 7th Floor, Porto Alegre, RS, BRA, CEP 90010-090
Fundo Investimento Imobiliario SC 401 is a structured fund operated by UNITS BR-CAPITAL. The fund owns stores and office complexes for the lease of Square SC, a multipurpose development located in Florianopolis/SC, and Mall W Tower, a mall located in Caxias do Sul/RS. The fund owns stores and corporate offices in Square SC, in addition to owning the rotating parking lot and owns stores in the Mall W Tower and the rotating parking in the Mall.

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