GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lumina Copper Corp (FRA:LUE) » Definitions » Degree of Operating Leverage

Lumina Copper (FRA:LUE) Degree of Operating Leverage : 0.00 (As of Mar. 2014)


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

What is Lumina Copper Degree of Operating Leverage?

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


Lumina Copper Degree of Operating Leverage Historical Data

The historical data trend for Lumina Copper'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.

Lumina Copper Degree of Operating Leverage Chart

Lumina Copper Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
Degree of Operating Leverage
Get a 7-Day Free Trial - - - - -

Lumina Copper Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 Lumina Copper's Degree of Operating Leverage

For the Other Industrial Metals & Mining subindustry, Lumina Copper'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.


Lumina Copper's Degree of Operating Leverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lumina Copper's Degree of Operating Leverage distribution charts can be found below:

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


;
;

Lumina Copper Degree of Operating Leverage Calculation

Lumina Copper's Degree of Operating Leverage for the quarter that ended in Mar. 2014 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -1.194 (Mar. 2014) / -2.212 (Mar. 2013) - 1 )/( 0 (Mar. 2014) / 0 (Mar. 2013) - 1 )
=-0.4602/
=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.


Lumina Copper  (FRA:LUE) 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.


Lumina Copper Degree of Operating Leverage Related Terms

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


Lumina Copper Business Description

Traded in Other Exchanges
N/A
Address
Lumina Copper Corporation was incorporated on May 12 2008. The Company together with its subsidiaries acquires, explores and develops mineral resources. It holds 100% property in Taca Taca located in the Puna region of north western Argentina with projects of copper, gold and molybdenum.

Lumina Copper Headlines

No Headlines