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MGTI (MGT Capital Investments) Degree of Operating Leverage : 0.00 (As of Mar. 2024)


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What is MGT Capital Investments Degree of Operating Leverage?

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

The industry rank for MGT Capital Investments's Degree of Operating Leverage or its related term are showing as below:

MGTI's Degree of Operating Leverage is not ranked *
in the Capital Markets industry.
Industry Median: 0.75
* Ranked among companies with meaningful Degree of Operating Leverage only.

MGT Capital Investments Degree of Operating Leverage Historical Data

The historical data trend for MGT Capital Investments'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.

MGT Capital Investments Degree of Operating Leverage Chart

MGT Capital Investments 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 1.11 -0.07 1.94 2.18 -15.18

MGT Capital Investments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.65 2.02 3.81 -15.18 1.79

Competitive Comparison of MGT Capital Investments's Degree of Operating Leverage

For the Capital Markets subindustry, MGT Capital Investments'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.


MGT Capital Investments's Degree of Operating Leverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, MGT Capital Investments's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where MGT Capital Investments's Degree of Operating Leverage falls into.


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MGT Capital Investments Degree of Operating Leverage Calculation

MGT Capital Investments's Degree of Operating Leverage for the quarter that ended in Mar. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -0.747 (Mar. 2024) / -2.683 (Mar. 2023) - 1 )/( 0.394 (Mar. 2024) / 0.661 (Mar. 2023) - 1 )
=-0.7216/-0.4039
=1.79***

* 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.


MGT Capital Investments  (OTCPK:MGTI) 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.


MGT Capital Investments Degree of Operating Leverage Related Terms

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


MGT Capital Investments Business Description

Traded in Other Exchanges
N/A
Address
2076 Foster Mill Drive, Suite 1110, LaFayette, GA, USA, 30728
MGT Capital Investments Inc is a Bitcoin miner company that conducts cryptocurrency activities at a company-owned and managed Bitcoin mining facility in LaFayette, Georgia. Located adjacent to a utility substation, the several-acre property has access to about 20 megawatts (MW) of electrical power, half of which is presently utilized by the Company. Business activities are comprised of self-mining operations and leasing space to third parties.
Executives
Stephen Schaeffer officer: Chief Operating Officer 512 S. MANGUM STREET, SUITE 408, DURHAM NC 27701
Robert Ladd director, 10 percent owner C/O LADDCAP VALUE ADVISORS LLC, 650 FIFTH AVENUE, SUITE 600, NEW YORK NY 10019
Robert S Lowrey officer: CFO, Treasurer, Secretary 512 S MAGNUM STREET, STE 408, DURHAM NC 27701
Nolan K Bushnell director 5443 BEETHOVEN ST, LOS ANGELES CA 90066
Hugh Robert Holmes director 500 MAMARONECK AVENUE, SUITE 204, HARRISON NY 10528
Iroquois Master Fund Ltd. 10 percent owner 641 LEXINGTON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Joshua Silverman 10 percent owner IROQUOIS CAPITAL MANAGEMENT LLC, 205 EAST 42ND ST - 20TH FL., NEW YORK NY 10017
Iroquois Capital Management, Llc 10 percent owner 641 LEXINGTON AVENUE, 26TH FLOOR, NEW YORK, NY 10022
Michael Onghai director 122 WEST 26TH ST. 5TH FLOOR, NEW YORK NY 10001
J&s Gaming, Inc. 10 percent owner 12 MAY HILL LANE, DIX HILLS NY 11746
Laddcap Value Partners Iii Llc other: Managing Member 335 MADISON AVENUE, SUITE 1100, NEW YORK NY 10017
Robert Paul Traversa officer: Chief Financial Officer C/O MGT CAPITAL INVESTMENTS, INC., 500 MAMARONECK AVENUE, SUITE 204, HARRISON NY 10528
Neal Wyman director KENSINGTON CENTRE, 66 HAMMERSMITH ROAD, LONDON X0 W14 8UD
Peter Venton director KENSINGTON CENTRE, 66 HAMMERSMITH ROAD, LONDON X0 W14 8UD
Richard Wolfe Cohen director ONE NORTH BROADWAY, SUITE 509, WHITE PLAINS NY 10601