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Ameristar Casinos (FRA:AJB) Degree of Operating Leverage : 0.00 (As of Mar. 2013)


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What is Ameristar Casinos Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Ameristar Casinos's Degree of Operating Leverage for the quarter that ended in Mar. 2013 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

FRA:AJB's Degree of Operating Leverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.24
* Ranked among companies with meaningful Degree of Operating Leverage only.

Ameristar Casinos Degree of Operating Leverage Historical Data

The historical data trend for Ameristar Casinos'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.

Ameristar Casinos Degree of Operating Leverage Chart

Ameristar Casinos Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Degree of Operating Leverage
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Ameristar Casinos Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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Competitive Comparison of Ameristar Casinos's Degree of Operating Leverage

For the Resorts & Casinos subindustry, Ameristar Casinos'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.


Ameristar Casinos's Degree of Operating Leverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ameristar Casinos's Degree of Operating Leverage distribution charts can be found below:

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


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Ameristar Casinos Degree of Operating Leverage Calculation

Ameristar Casinos's Degree of Operating Leverage for the quarter that ended in Mar. 2013 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 161.147 (Mar. 2013) / 171.615 (Mar. 2012) - 1 )/( 915.255 (Mar. 2013) / 1148.988 (Mar. 2012) - 1 )
=-0.061/-0.2034
=0.30***

* 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.


Ameristar Casinos  (FRA:AJB) 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.


Ameristar Casinos Degree of Operating Leverage Related Terms

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Ameristar Casinos Business Description

Traded in Other Exchanges
N/A
Address
Website
Ameristar Casinos Inc was incorporated in Nevada in 1993. The Company is a developer, owner and operator of casino entertainment facilities in local and regional markets. It has eight properties in seven markets. The Company's portfolio of casinos consists of: Ameristar Casino Resort Spa St. Charles; Ameristar Casino Hotel Kansas City; Ameristar Casino Hotel Council Bluffs; Ameristar Casino Resort Spa Black Hawk; Ameristar Casino Hotel Vicksburg; Ameristar Casino Hotel East Chicago; and Cactus Petes Resort Casino and The Horseshu Hotel and Casino in Jackpot, Nevada. Ameristar Casino Resort Spa St. Charles serves the greater St. Louis metropolitan market with a large casino and a variety of amenities, including its luxury all-suite hotel and spa. The hotel also features a 7,000-square-foot, full-service spa and an indoor/outdoor pool. Its hotel offers a mix of suites and standard rooms that feature custom finishes. Guests can select from nine restaurants and seven bars/lounges. Ameristar Casino Hotel Council Bluffs serves the Omaha and southwestern Iowa markets. The property's hotel and Main Street Pavilion comprise its landside facilities. Ameristar Casino Hotel Council Bluffs' 160 rooms include luxury suites and king whirlpool rooms. The property also offers dining and meeting space. Ameristar Casino Resort Spa Black Hawk is a gaming and resort destination with a luxury hotel. The 33-story hotel tower offers both luxury rooms and suites and a meeting and event center. It has Black Hawk's only full-service spa, an enclosed rooftop swimming pool and indoor/outdoor whirlpool spas. The property also has four dining venues and several bars. Ameristar Casino Resort Spa Black Hawk is located in the center of the Black Hawk gaming district, approximately 40 miles west of Denver, and it caters primarily to patrons from the Denver metropolitan area and surrounding states. Ameristar Casino Hotel Vicksburg attributes to its location and gaming, lodging and dining offerings. The property has the market's only live poker room and a 1,000-space parking garage with direct access to the casino. The property has three dining venues and meeting space. Ameristar Casino Hotel Vicksburg is located one-quarter mile north of Interstate 20 in Vicksburg, Mississippi. Ameristar Casino Hotel East Chicago serves metropolitan Chicago and Northwest Indiana. East Chicago's dining choices include six restaurants and two bars. The property also features a newly renovated hotel, banquet space and a Star Club players' lounge. Cactus Petes Resort Casino and The Horseshu Hotel and Casino are located in Jackpot, Nevada, just south of the Idaho border. The properties' resort amenities include a hotel, an Olympic-sized pool, a heated spa, a styling salon, a recreational vehicle park and access to a nearby 18-hole golf course. In addition, an adjacent general store and service station serve guests and regional travelers.

Ameristar Casinos Headlines

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