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GETR (Getaround) Degree of Operating Leverage : -2.31 (As of Sep. 2024)


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What is Getaround Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Getaround's Degree of Operating Leverage for the quarter that ended in Sep. 2024 was -2.31. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

GETR's Degree of Operating Leverage is ranked better than
77.42% of 2666 companies
in the Software industry
Industry Median: 0.785 vs GETR: -2.31

Getaround Degree of Operating Leverage Historical Data

The historical data trend for Getaround'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.

Getaround Degree of Operating Leverage Chart

Getaround Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
- - - -1.08

Getaround Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.03 -1.08 -0.74 -1.06 -2.31

Competitive Comparison of Getaround's Degree of Operating Leverage

For the Software - Application subindustry, Getaround'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.


Getaround's Degree of Operating Leverage Distribution in the Software Industry

For the Software industry and Technology sector, Getaround's Degree of Operating Leverage distribution charts can be found below:

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


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Getaround Degree of Operating Leverage Calculation

Getaround's Degree of Operating Leverage for the quarter that ended in Sep. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -88.504 (Sep. 2024) / -124.106 (Sep. 2023) - 1 )/( 76.868 (Sep. 2024) / 68.369 (Sep. 2023) - 1 )
=-0.2869/0.1243
=-2.31***

* 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.


Getaround  (OTCPK:GETR) 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.


Getaround Degree of Operating Leverage Related Terms

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Getaround Business Description

Industry
Traded in Other Exchanges
N/A
Address
55 Green Street, San Francisco, CA, USA, 94111
Getaround Inc operates as a developer of a carsharing platform designed to instantly access and drive cars shared by people. The company's platform provides users with simple on-demand car rentals. Getaround's on-demand technology enables a contactless experience no waiting in line at a car rental facility, manually completing paperwork, or meeting anyone to collect or drop off car keys. It derives maximum revenue from United States.
Executives
Spencer D. Jackson officer: General Counsel & Secretary C/O OOMA, INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Thomas W. Alderman officer: Chief Financial Officer C/O GETAROUND, INC., 55 GREEN STREET, SAN FRANCISCO CA 94111
Kasra Sy Fahimi officer: Chief Operating Officer C/O GETAROUND, INC., 55 GREEN STREET, SAN FRANCISCO CA 94111
Samir M. Zaid director, officer: CEO & Chairman of the Board C/O GETAROUND, INC., 55 GREEN STREET, SAN FRANCISCO CA 94111
Neil S Suslak director C/O GETAROUND, INC., 55 GREEN STREET, SAN FRANCISCO CA 94111
Mudrick Distressed Opportunity Drawdown Fund Ii Sc, L.p. 10 percent owner C/O MUDRICK CAPITAL MANAGEMENT, L.P., 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Distressed Opportunity Drawdown Fund Ii Gp, Llc 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Distressed Opportunity 2020 Dislocation Fund, L.p. 10 percent owner C/O MUDRICK CAPITAL MANAGEMENT, L.P., 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Distressed Opportunity Sif Master Fund, L.p. 10 percent owner C/O MUDRICK CAPITAL MANAGEMENT, L.P., 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Opportunity Co-investment Fund, Lp 10 percent owner C/O MUDRICK CAPITAL MANAGEMENT, L.P., 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Jeffrey Russakow director C/O GETAROUND, INC., 55 GREEN STREET, SAN FRANCISCO CA 94111
Bruno Bowden director C/O GETAROUND, INC., 55 GREEN STREET, SAN FRANCISCO CA 94111
Svf Fetch (cayman) Ltd 10 percent owner C/O WALKERS CORP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Svf Sync Holdings (cayman) Ltd 10 percent owner C/O WALKERS CORP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Mudrick Stressed Credit Master Fund, L.p. 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022