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LUNA (Luna Innovations) Degree of Operating Leverage : 0.00 (As of Sep. 2023)


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What is Luna Innovations Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Luna Innovations's Degree of Operating Leverage for the quarter that ended in Sep. 2023 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

LUNA's Degree of Operating Leverage is not ranked *
in the Hardware industry.
Industry Median: 1
* Ranked among companies with meaningful Degree of Operating Leverage only.

Luna Innovations Degree of Operating Leverage Historical Data

The historical data trend for Luna Innovations'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.

Luna Innovations Degree of Operating Leverage Chart

Luna Innovations Annual Data
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Degree of Operating Leverage
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Luna Innovations Quarterly Data
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Competitive Comparison of Luna Innovations's Degree of Operating Leverage

For the Scientific & Technical Instruments subindustry, Luna Innovations'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.


Luna Innovations's Degree of Operating Leverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Luna Innovations's Degree of Operating Leverage distribution charts can be found below:

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


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Luna Innovations Degree of Operating Leverage Calculation

Luna Innovations's Degree of Operating Leverage for the quarter that ended in Sep. 2023 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 0.442 (Sep. 2023) / -2.209 (Sep. 2022) - 1 )/( 116.614 (Sep. 2023) / 102.018 (Sep. 2022) - 1 )
=-1.2001/0.1431
=-8.39***

* 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.


Luna Innovations  (OTCPK:LUNA) 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.


Luna Innovations Degree of Operating Leverage Related Terms

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Luna Innovations Business Description

Traded in Other Exchanges
N/A
Address
301 1st Street South West, Suite 200, Roanoke, VA, USA, 24011
Luna Innovations Inc is engaged in optical technology, providing high-performance fiber optic test, measurement, and control products for the telecommunications, and photonics industries, and distributed fiber optic sensing solutions that measure and monitor materials and structures for applications in aerospace, automotive, oil, and gas, security, and infrastructure. Its Lightwave segment develops, manufactures, and markets optical measurements technologies like Sensing including short, medium, and long-range distributed fiber optic sensing solutions and Terahertz measurement products, and Communications test and photonic control including test equipment for communications devices and networks and specialty laser and photonic components. It derives a majority of its revenue from the U.S.
Executives
George Gomez-quintero officer: Chief Financial Officer LUNA INNOVATIONS INCORPORATED, 301 FIRST STREET SW, SUITE 200, ROANOKE VA 24011
Pamela L Coe director C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Brian Soller officer: Chief Operating Officer 301 1ST STREET, SW, SUITE 200, ROANOKE VA 24011
Gene Nestro officer: Chief Financial Officer C/O LUNA INNOVATIONS, INC., 301 1ST STREET, SW, SUITE 200, ROANOKE VA 24011
Clinic Carilion 10 percent owner EDWARD MURPHY, M.D., 213 SOUTH JEFFERSON STREET, SUITE 807, ROANOKE VA 24011
Mary Beth Vitale director 821 17TH STREET, DENVER CO 80202
Dale E Messick officer: Chief Financial Officer LUNA INNOVATIONS INCORPORATED, 2851 COMMERCE STREET, BLACKSBURG VA 24060
Scott A Graeff officer: CFO, Executive VP Corp. Dev. LUNA INNOVATIONS INCORPORATED, 2851 COMMERCE STREET, BLACKSBURG VA 24060
Barry Phelps director 26750 AGOURA RD, CALABASAS CA 91302
Michael W. Wise director C/O LUNA INNOVATIONS INCORPORATED, 1 RIVERSIDE CIRCLE, SUITE 400, ROANOKE VA 24016
Richard Roedel director 164 WEST RD, NEW CANAAN CT 06840
Donald Pastor director 2925 BOARDWALK, ANN ARBOR MI 48104
Gary Spiegel director
Coringrato Edward J Jr. director 301 1ST STREET, SW, SUITE 200, ROANOKE VA 24011
Wilkin Neil D Jr director