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MRT (Marti Technologies) Degree of Operating Leverage : -47.09 (As of Jun. 2024)


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What is Marti Technologies Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Marti Technologies's Degree of Operating Leverage for the quarter that ended in Jun. 2024 was -47.09. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

MRT's Degree of Operating Leverage is ranked better than
96.11% of 2647 companies
in the Software industry
Industry Median: 0.68 vs MRT: -47.09

Marti Technologies Degree of Operating Leverage Historical Data

The historical data trend for Marti Technologies'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.

Marti Technologies Degree of Operating Leverage Chart

Marti Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
- 2.66 -0.10 -47.09

Marti Technologies Quarterly Data
Dec20 Sep21 Dec21 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only -0.10 - -0.43 -47.09 -47.09

Competitive Comparison of Marti Technologies's Degree of Operating Leverage

For the Software - Application subindustry, Marti Technologies'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.


Marti Technologies's Degree of Operating Leverage Distribution in the Software Industry

For the Software industry and Technology sector, Marti Technologies's Degree of Operating Leverage distribution charts can be found below:

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



Marti Technologies Degree of Operating Leverage Calculation

Marti Technologies'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
=( -15.689 (Jun. 2024) / -0.977 (Jun. 2023) - 1 )/( 10.545 (Jun. 2024) / 15.503 (Jun. 2023) - 1 )
=15.0583/-0.3198
=-47.09***

* 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.


Marti Technologies  (AMEX:MRT) 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.


Marti Technologies Degree of Operating Leverage Related Terms

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


Marti Technologies Business Description

Traded in Other Exchanges
N/A
Address
2001 S Street NW, Suite 320, Washington, DC, USA, 20009
Marti Technologies Inc is a mobility app, operating a fleet of over 48,000 e-mopeds, e-bikes, and e-scooters, serviced by proprietary software systems and IoT infrastructure.
Executives
Adam S Metz director 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Shelley Guiley director 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Kemal Kaya director, officer: Chief Executive Officer 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Michael Tanzer officer: Chief Financial Officer 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Daniel Freifeld director, 10 percent owner, officer: President and CIO 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Galata Acquisition Sponsor Llc 10 percent owner 2001 S STREET NW, SUITE 320, WASHINGTON DC 20009
Timothy Michael Shannon director 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009

Marti Technologies Headlines

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