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GTII (Global Tech Industries Group) Degree of Operating Leverage : 0.00 (As of Dec. 2023)


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What is Global Tech Industries Group Degree of Operating Leverage?

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


Global Tech Industries Group Degree of Operating Leverage Historical Data

The historical data trend for Global Tech Industries Group'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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Global Tech Industries Group Degree of Operating Leverage Chart

Global Tech Industries Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
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Global Tech Industries Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Global Tech Industries Group's Degree of Operating Leverage

For the Conglomerates subindustry, Global Tech Industries Group'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.


Global Tech Industries Group's Degree of Operating Leverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Global Tech Industries Group's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Global Tech Industries Group's Degree of Operating Leverage falls into.


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Global Tech Industries Group Degree of Operating Leverage Calculation

Global Tech Industries Group's Degree of Operating Leverage for the quarter that ended in Dec. 2023 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -97.797 (Dec. 2023) / -13.463 (Dec. 2022) - 1 )/( 0 (Dec. 2023) / 0 (Dec. 2022) - 1 )
=6.2641/
=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.


Global Tech Industries Group  (OTCPK:GTII) 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.


Global Tech Industries Group Degree of Operating Leverage Related Terms

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Global Tech Industries Group Business Description

Traded in Other Exchanges
N/A
Address
511 Sixth Avenue, Suite 800, New York, NY, USA, 10011
Global Tech Industries Group Inc currently has no operations. It is seeking opportunities to utilize its intellectual properties and relationships with valued business associates.
Executives
David I Reichman director, officer: CEO and President 511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
Frank Benintendo director 11 SEAMAN COURT, OLD BRIDGE NJ 08857
Don Harold Gilbert director PO BOX 090122, STATEN ISLAND NY 10309
Kathy M Griffin director, officer: President 98 BLACK ROCK DRIVE, HINGHAM MA 02043
Global Tech Industries Group, Inc. director, 10 percent owner, officer: Chief Executive Officer 511 SIXTH AVENUE, SUITE 800, NEW YORK NY 10011
Tree Top Industries, Inc. Profit Sharing Plan Trust other: Employee Trust 40 CENTRAL PARK SOUTH, 8H, NEW YORK NY 10019
Robert Hantman director 511 SIXTH AVENUE, SUITE 800, NEW YORK NY 10011
Michael Valle director 511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
L G Davis 10 percent owner 511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
Justine Reichman 10 percent owner 511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
Trisha Woods 10 percent owner, officer: President of Wholly-Owned Sub. 1041 N. FORMOSA AVE., WRITERS' BLDG 2 & 3, WEST HOLLYWOOD CA 90046
James Black 10 percent owner 1041 N. FORMOSA AVE., WRITERS' BLDG 2 & 3, WEST HOLLYWOOD CA 90046

Global Tech Industries Group Headlines

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