GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Emmis Communications Corp (OTCPK:EMMSP.PFD) » Definitions » Degree of Operating Leverage

EMMSP.PFD (Emmis Communications) Degree of Operating Leverage : 0.00 (As of Feb. 2020)


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

What is Emmis Communications Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Emmis Communications's Degree of Operating Leverage for the quarter that ended in Feb. 2020 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Emmis Communications's Degree of Operating Leverage or its related term are showing as below:

EMMSP.PFD's Degree of Operating Leverage is not ranked *
in the Media - Diversified industry.
Industry Median: 1.175
* Ranked among companies with meaningful Degree of Operating Leverage only.

Emmis Communications Degree of Operating Leverage Historical Data

The historical data trend for Emmis Communications'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.

Emmis Communications Degree of Operating Leverage Chart

Emmis Communications Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Emmis Communications Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 Emmis Communications's Degree of Operating Leverage

For the Broadcasting subindustry, Emmis Communications'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.


Emmis Communications's Degree of Operating Leverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Emmis Communications's Degree of Operating Leverage distribution charts can be found below:

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


;
;

Emmis Communications Degree of Operating Leverage Calculation

Emmis Communications's Degree of Operating Leverage for the quarter that ended in Feb. 2020 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -30.296 (Feb. 2020) / 19.652 (Feb. 2019) - 1 )/( 39.71 (Feb. 2020) / 39.891 (Feb. 2019) - 1 )
=-2.5416/-0.0045
=560.15***

* 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.


Emmis Communications  (OTCPK:EMMSP.PFD) 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.


Emmis Communications Degree of Operating Leverage Related Terms

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


Emmis Communications Business Description

Traded in Other Exchanges
N/A
Address
40 Monument Circle, Suite 700, One EMMIS Plaza, Indianapolis, IN, USA, 46204
Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.
Executives
Paul V. Brenner officer: President 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Ryan A Hornaday officer: EVP, CFO & Treasurer 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
James M Dubin director ONE MADISON PLACE, HARRISON NY 10528
Herbert Simon other: Member of 10% owner 13d group 115 W WASHINGTON ST, INDIANAPOLIS IN 46204
Hsjs, Llc other: Member of 10% owner 13d group C/O MELVIN SIMON & ASSOCIATES, 225 W WASHINGTON ST, INDIANAPOLIS IN 46204
2012 Retention Plan Trust 10 percent owner 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Michelle Duncan Bergman director 25 WEST ROAD, SHORT HILLS NJ 07078
Joseph R Siegelbaum director 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
David Gale director 220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Bradley Louis Radoff 10 percent owner 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Group, Lllp Djd other: member of 10% owner group 4221 WEST BOY SCOUT BOULEVARD, SUITE 1000, TAMPA FL 33607
Family Foundation Radoff 10 percent owner 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Defosset Don other: member of 10% owner group 4221 WEST BOY SCOUT BOULEVARD, SUITE 1000, TAMPA FL 33607
Smith Management Llc 10 percent owner 885 THIRD AVENUE, 34TH FLOOR, NEW YORK NY 10022
Alden Global Capital Ltd 10 percent owner THIRD FLOOR, ONE WAVERLEY PLACE, UNION STREET, ST. HELIER Y9 JE2 3RF

Emmis Communications Headlines

From GuruFocus

Emmis Announces First Quarter Earnings

By PRNewswire PRNewswire 07-11-2019

Emmis Announces Fourth-Quarter and Full-Year Earnings Call

By PRNewswire PRNewswire 05-04-2018

Emmis Announces Fourth Quarter and Full-Year Earnings

By PRNewswire PRNewswire 05-09-2019

Emmis Announces Third-Quarter Earnings Call

By PRNewswire PRNewswire 01-04-2019

Emmis Announces Third Quarter Earnings

By PRNewswire PRNewswire 01-10-2019

Emmis Announces Second Quarter Earnings

By PRNewswire PRNewswire 10-11-2018