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Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) Degree of Operating Leverage : 1.42 (As of Dec. 2023)


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What is Legatus Shoppings Fundo DE Investimento Imobiliario - FII Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Degree of Operating Leverage for the quarter that ended in Dec. 2023 was 1.42. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Degree of Operating Leverage or its related term are showing as below:

BSP:LASC11's Degree of Operating Leverage is ranked worse than
53.63% of 731 companies
in the REITs industry
Industry Median: 1.22 vs BSP:LASC11: 1.42

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Degree of Operating Leverage Historical Data

The historical data trend for Legatus Shoppings Fundo DE Investimento Imobiliario - FII'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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Legatus Shoppings Fundo DE Investimento Imobiliario - FII Degree of Operating Leverage Chart

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
- - - - 1.42

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage - - - - 1.42

Competitive Comparison of Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Degree of Operating Leverage

For the REIT - Diversified subindustry, Legatus Shoppings Fundo DE Investimento Imobiliario - FII'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.


Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Degree of Operating Leverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Degree of Operating Leverage falls into.


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Legatus Shoppings Fundo DE Investimento Imobiliario - FII Degree of Operating Leverage Calculation

Legatus Shoppings Fundo DE Investimento Imobiliario - FII'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
=( 30.053 (Dec. 2023) / 21.361 (Dec. 2022) - 1 )/( 34.568 (Dec. 2023) / 26.867 (Dec. 2022) - 1 )
=0.4069/0.2866
=1.42***

* 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.


Legatus Shoppings Fundo DE Investimento Imobiliario - FII  (BSP:LASC11) 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.


Legatus Shoppings Fundo DE Investimento Imobiliario - FII Degree of Operating Leverage Related Terms

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Legatus Shoppings Fundo DE Investimento Imobiliario - FII Business Description

Traded in Other Exchanges
N/A
Address
Praia de Botafogo, 501, Rio de Janeiro, RJ, BRA, CEP: 22250040
Legatus Shoppings Fundo DE Investimento Imobiliario - FII is a Brazil-based company. Its objective is to obtain income through the real estate exploration of Real Estate Assets, as well as capital gains, through the purchase and sale of Real Estate Assets and the investment of resources, predominantly in Real Estate Assets.

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Headlines

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