IONM (Assure Holdings) Degree of Operating Leverage : 0.00 (As of Jun. 2024)

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IONM Assure Holdings Corp IONM
12 GF Score
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What is Assure Holdings Degree of Operating Leverage?

Assure Holdings IONM 12 Degree of Operating Leverage is 0.00 as of Jun. 2024. GuruFocus rates IONM with a GF Score™ of 12/100.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Assure Holdings's Degree of Operating Leverage for the quarter that ended in Jun. 2024 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

IONM's Degree of Operating Leverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.85
* Ranked among companies with meaningful Degree of Operating Leverage only.

Assure Holdings  (OTCPK:IONM) 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.


Assure Holdings Degree of Operating Leverage Related Terms


Assure Holdings Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for Assure Holdings'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.

Assure Holdings Degree of Operating Leverage Chart

Assure Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.03 6.77 -0.11 -9.12 0.12

Assure Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -1.46 -0.63 0.12 0.17 0.06

IONM vs NHLG, HCA, DVA: Degree of Operating Leverage Comparison

For the Medical Care Facilities subindustry, Assure Holdings'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.


Assure Holdings Degree of Operating Leverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Assure Holdings's Degree of Operating Leverage distribution charts can be found below:

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


IONM
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Assure Holdings Corp IONM
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Assure Holdings Degree of Operating Leverage Calculation

Assure Holdings'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
=( -19.353 (Jun. 2024) / -20.289 (Jun. 2023) - 1 )/( 0.087 (Jun. 2024) / 0.459 (Jun. 2023) - 1 )
=-0.0461/-0.8105
=0.06***

* 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.

What does a Degree of Operating Leverage of 0.00 mean?
Assure Holdings (IONM) has a Degree of Operating Leverage of 0.00 as of Jun. 2024. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Assure Holdings and its competitors.
Is Assure Holdings' Degree of Operating Leverage too high?
Assure Holdings' current Degree of Operating Leverage is 0.00. Overall, Assure Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Assure Holdings' Degree of Operating Leverage compare to NHLG and HCA?
Assure Holdings' Degree of Operating Leverage of 0.00 can be compared against companies in the Healthcare Providers & Services industry. The industry median Degree of Operating Leverage is 0.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Degree of Operating Leverage for a Healthcare Providers & Services company?
The median Degree of Operating Leverage among Healthcare Providers & Services companies is 0.85, based on 647 companies in the industry. Companies in the top quartile (top 25%) have a Degree of Operating Leverage significantly above this median, while those in the bottom quartile fall well below. However, Degree of Operating Leverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Degree of Operating Leverage mean?
A high Degree of Operating Leverage can signal that a stock is expensive relative to its fundamentals. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Assure Holdings and its competitors. For the Healthcare Providers & Services industry, the median Degree of Operating Leverage is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assure Holdings's current Degree of Operating Leverage is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assure Holdings stock overvalued right now?
Assure Holdings (IONM) has a current Degree of Operating Leverage of 0.00. The current Degree of Operating Leverage is 0.00. Assure Holdings' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Degree of Operating Leverage calculated?
Degree of Operating Leverage is calculated from a company's financial statements. For Assure Holdings (IONM), the current Degree of Operating Leverage is 0.00 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Assure Holdings Business Description

Address 7887 East Belleview Avenue, Suite 240, Denver, CO, USA, 80111
Assure Holdings Corp provides technical and professional intraoperative neuromonitoring (IONM) surgical support services for neurosurgery, spine, cardiovascular, orthopedic, ear, nose, and throat, and other surgical procedures that place the nervous system at risk.
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