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FRLA (Fortune Rise Acquisition) Degree of Operating Leverage : 0.00 (As of Jun. 2024)


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What is Fortune Rise Acquisition Degree of Operating Leverage?

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


Fortune Rise Acquisition Degree of Operating Leverage Historical Data

The historical data trend for Fortune Rise Acquisition'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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Fortune Rise Acquisition Degree of Operating Leverage Chart

Fortune Rise Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Degree of Operating Leverage
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Fortune Rise Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Fortune Rise Acquisition's Degree of Operating Leverage

For the Shell Companies subindustry, Fortune Rise Acquisition'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.


Fortune Rise Acquisition's Degree of Operating Leverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fortune Rise Acquisition's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Fortune Rise Acquisition's Degree of Operating Leverage falls into.


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Fortune Rise Acquisition Degree of Operating Leverage Calculation

Fortune Rise Acquisition's Degree of Operating Leverage for the quarter that ended in Jun. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -2.018 (Jun. 2024) / -1.589 (Jun. 2023) - 1 )/( 0 (Jun. 2024) / 0 (Jun. 2023) - 1 )
=0.27/
=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.


Fortune Rise Acquisition  (OTCPK:FRLA) 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.


Fortune Rise Acquisition Degree of Operating Leverage Related Terms

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Fortune Rise Acquisition Business Description

Traded in Other Exchanges
N/A
Address
13575 58th Street North, Suite 200, Clearwater, FL, USA, 33760
Website
Fortune Rise Acquisition Corp is a blank check company.
Executives
Ronald Jay Pollack director 1862 MCCAULEY RD, CLEARWATER FL 33765
Ryan Spick director 18034 N 134TH AVE, SUN CITY WEST AZ 85375
Philip Goodman director 6 OAKWOOD DRIVE, SEWALL'S POINT FL 34996
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
J Richard Iler officer: PEO and CFO 815 WALKER STREET, STE. 1155, HOUSTON TX 77002
Payam Eshraghian director 20601 TROON LANE, HUNTINGTON BEACH CA 92646
Michael Davidov director 60 EAST 42 STREET, NEW YORK NY 10165
David Xianglin Li director 3 STONER AVE, GREAT NECK NY 11021
Lei Huang director, officer: Chief Executive Officer 3 STONER AVE, GREAT NECK NY 10021
Norman C Kristoff director C/O JAMES M. RAE, ESQ., 330 MADISON AVEUNE, 29TH FLOOR, NEW YORK NY 10017
Yuanmei Ma officer: Chief Financial Officer ROOM 605A TOWER A, RAYCOM INFO TECH PARK, NO. 2 KEXUEYUAN S. RD., ZHONGGUANCUN, HAIDIAN DISTRICT, BEIJING F4 100080
Lei Xu director, officer: President and Chairwoman 1818 LINDA VISTA CIR., FULLERTON CA 92831
Fortune Rise Sponsor Llc 10 percent owner 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Koon Keung Chan 10 percent owner 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840

Fortune Rise Acquisition Headlines

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