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ISHAQ.PFD (International Shipholding) Degree of Operating Leverage : 0.00 (As of Mar. 2016)


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What is International Shipholding Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. International Shipholding's Degree of Operating Leverage for the quarter that ended in Mar. 2016 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

ISHAQ.PFD's Degree of Operating Leverage is not ranked *
in the Transportation industry.
Industry Median: 0.86
* Ranked among companies with meaningful Degree of Operating Leverage only.

International Shipholding Degree of Operating Leverage Historical Data

The historical data trend for International Shipholding'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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International Shipholding Degree of Operating Leverage Chart

International Shipholding Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Degree of Operating Leverage
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International Shipholding Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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Competitive Comparison of International Shipholding's Degree of Operating Leverage

For the Marine Shipping subindustry, International Shipholding'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.


International Shipholding's Degree of Operating Leverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, International Shipholding's Degree of Operating Leverage distribution charts can be found below:

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


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International Shipholding Degree of Operating Leverage Calculation

International Shipholding's Degree of Operating Leverage for the quarter that ended in Mar. 2016 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -164.625 (Mar. 2016) / -35.384 (Mar. 2015) - 1 )/( 245.249 (Mar. 2016) / 290.166 (Mar. 2015) - 1 )
=3.6525/-0.1548
=-23.60***

* 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.


International Shipholding  (OTCPK:ISHAQ.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.


International Shipholding Degree of Operating Leverage Related Terms

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International Shipholding Business Description

Traded in Other Exchanges
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Address
International Shipholding Corp was originally founded as Central Gulf Steamship Corporation in 1947. Central Gulf was privately held until 1971 when it merged with Trans Union Corporation ("Trans Union"). In 1978, International Shipholding Corporation was formed to act as a holding company for Central Gulf, LCI, and certain other affiliated companies in connection with the 1979 spin off by Trans Union of its common stock to Trans Union's stockholders. Through its subsidiaries, it operates a fleet of U.S. and International Flag vessels that provide international and domestic maritime transportation services to commercial and governmental customers under medium to long-term time charters or contracts of affreightment. As of December 31, 2014 it owned or operated 54 ocean-going vessels. Its segments include Jones Act, Pure Car Truck Carriers, Dry Bulk Carriers, Rail-Ferry, Specialty Contracts, and Other. Its Rail-Ferry segment faces competition from companies who transport cargo over land rather than water including railroads and trucking companies that cross land borders. The Company's operations between the United States and foreign countries are subject to the Shipping Act of 1984, which is administered by the Federal Maritime Commission, and certain provisions of the Federal Water Pollution Control Act, the Oil Pollution Act of 1990, the Act to Prevent Pollution from Ships, and the Comprehensive Environmental Response Compensation and Liability Act, all of which are administered by the U.S. Coast Guard and other federal agencies, and certain other international, federal, state, and local laws and regulations, including international conventions and laws and regulations of the flag nations of its vessels.