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GMLPF.PFD (Golar LNG Partners LP) Degree of Operating Leverage : 0.00 (As of Dec. 2020)


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What is Golar LNG Partners LP Degree of Operating Leverage?

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

The industry rank for Golar LNG Partners LP's Degree of Operating Leverage or its related term are showing as below:

GMLPF.PFD's Degree of Operating Leverage is not ranked *
in the Oil & Gas industry.
Industry Median: 0.99
* Ranked among companies with meaningful Degree of Operating Leverage only.

Golar LNG Partners LP Degree of Operating Leverage Historical Data

The historical data trend for Golar LNG Partners LP'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.

Golar LNG Partners LP Degree of Operating Leverage Chart

Golar LNG Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Degree of Operating Leverage
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Golar LNG Partners LP Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Competitive Comparison of Golar LNG Partners LP's Degree of Operating Leverage

For the Oil & Gas Midstream subindustry, Golar LNG Partners LP'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.


Golar LNG Partners LP's Degree of Operating Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Golar LNG Partners LP's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Golar LNG Partners LP's Degree of Operating Leverage falls into.


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Golar LNG Partners LP Degree of Operating Leverage Calculation

Golar LNG Partners LP's Degree of Operating Leverage for the quarter that ended in Dec. 2020 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 91.969 (Dec. 2020) / 114.347 (Dec. 2019) - 1 )/( 284.734 (Dec. 2020) / 299.652 (Dec. 2019) - 1 )
=-0.1957/-0.0498
=3.93***

* 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.


Golar LNG Partners LP  (OTCPK:GMLPF.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.


Golar LNG Partners LP Degree of Operating Leverage Related Terms

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Golar LNG Partners LP Business Description

Traded in Other Exchanges
N/A
Address
9 Par-la-Ville Road, 2nd Floor, South East Pearman Building, Hamilton, BMU, HM 11
Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term time charters. The company has three reportable segments: LNG, FSRUs, and FING (floating liquefied natural gas vessel). It generates maximum revenue from the FSRUs segment. Its geographical segments are Brazil, Jordan, Indonesia, Kuwait, and the United Arab Emirates. The company's operational FSRU projects include Golar Spirit, Golar Igloo, Golar Eskimo, Golar Winter, Golar Freeze, and Nusantara Regas Satu.

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