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GWAV (Greenwave Technology Solutions) Degree of Operating Leverage : -0.43 (As of Dec. 2024)


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What is Greenwave Technology Solutions Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Greenwave Technology Solutions's Degree of Operating Leverage for the quarter that ended in Dec. 2024 was -0.43. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

GWAV's Degree of Operating Leverage is ranked better than
65.4% of 237 companies
in the Waste Management industry
Industry Median: 0.56 vs GWAV: -0.43

Greenwave Technology Solutions Degree of Operating Leverage Historical Data

The historical data trend for Greenwave Technology Solutions'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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Greenwave Technology Solutions Degree of Operating Leverage Chart

Greenwave Technology Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 - -0.35 356.12 -0.43

Greenwave Technology Solutions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 356.12 4.77 -6.76 -22.85 -0.43

Competitive Comparison of Greenwave Technology Solutions's Degree of Operating Leverage

For the Waste Management subindustry, Greenwave Technology Solutions'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.


Greenwave Technology Solutions's Degree of Operating Leverage Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Greenwave Technology Solutions's Degree of Operating Leverage distribution charts can be found below:

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


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Greenwave Technology Solutions Degree of Operating Leverage Calculation

Greenwave Technology Solutions's Degree of Operating Leverage for the quarter that ended in Dec. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -18.553 (Dec. 2024) / -18.039 (Dec. 2023) - 1 )/( 33.316 (Dec. 2024) / 35.668 (Dec. 2023) - 1 )
=0.0285/-0.0659
=-0.43***

* 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.


Greenwave Technology Solutions  (NAS:GWAV) 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.


Greenwave Technology Solutions Degree of Operating Leverage Related Terms

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


Greenwave Technology Solutions Business Description

Traded in Other Exchanges
N/A
Address
4016 Raintree Road, Suite 300, Chesapeake, VA, USA, 23321
Greenwave Technology Solutions Inc through its subsidiary, is an operator of several metal recycling facilities in Virginia, Ohio and North Carolina. At these facilities, the company is involved in collecting, classifying, and processing raw scrap metal (ferrous and nonferrous) for recycling. The company involves collecting, classifying and processing appliances, construction material, end-of-life vehicles, boats, and industrial machinery and processing those items by crushing, shearing, shredding, separating, and sorting, into smaller pieces and categorize these recycled ferrous, nonferrous, and mixed metal pieces based on density and metal prior to sale.
Executives
Jason T Adelman director 900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Henry Iii Sicignano director 8201 MAIN STREET, SUITE 6, WILLIAMSVILLE NY 14221
Danny Meeks director, other: Chairman of the BOD 1560 BROADWAY, SUITE 17-105, DENVER CO 80202
Ashley Elizabeth Sickles officer: Chief Financial Officer 531 FOXGATE QUARTER, CHESAPEAKE VA 23322
John Bryan Plumlee director 277 SUBURBAN DRIVE, SUFFOLK VA 23434
Howard Jordan officer: Chief Financial Officer 277 SUBURBAN DRIVE, SUFFOLK VA 23434
Cheryl Elizabeth Lanthorn director 277 SUBURBAN DRIVE, SUFFOLK VA 23434
John D. Wood director 520 BUSHNELL DRIVE, VIRGINIA BEACH VA 23451
Isaac Dietrich director, officer: Chief Executive Officer 1624 MARKET STREET, SUITE 201, DENVER CO 80202
Charles Blum director 1505 UPLAND HILLS DRIVE NORTH, UPLAND CA 91784
Jesus Quintero officer: Chief Financial Officer 16860 SOUTHWEST 1ST STREET, PEMBROKE PINES FL 33027
Graham Farrar director 2420 17TH STREET, OFFICE 3118, DENVER CO 80202
Cecil Bond Kyte director 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601
Scott C Kveton officer: Chief Executive Officer 1624 MARKET STREET, SUITE 201, DENVER CO 80202
Osborn Steven Lee Ii officer: Chief Technology Officer 761 SE 65TH PL, HILLSBORO OR 97123