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Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) Degree of Operating Leverage : -15.96 (As of Mar. 2024)


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What is Jiwanram Sheoduttrai Industries Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Jiwanram Sheoduttrai Industries's Degree of Operating Leverage for the quarter that ended in Mar. 2024 was -15.96. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Jiwanram Sheoduttrai Industries's Degree of Operating Leverage or its related term are showing as below:

NSE:JIWANRAM's Degree of Operating Leverage is ranked better than
90.33% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs NSE:JIWANRAM: -15.96

Jiwanram Sheoduttrai Industries Degree of Operating Leverage Historical Data

The historical data trend for Jiwanram Sheoduttrai Industries'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.

Jiwanram Sheoduttrai Industries Degree of Operating Leverage Chart

Jiwanram Sheoduttrai Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Degree of Operating Leverage
- 9.48 3.92 -15.96

Jiwanram Sheoduttrai Industries Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Degree of Operating Leverage - 9.48 3.92 -15.96

Competitive Comparison of Jiwanram Sheoduttrai Industries's Degree of Operating Leverage

For the Footwear & Accessories subindustry, Jiwanram Sheoduttrai Industries'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.


Jiwanram Sheoduttrai Industries's Degree of Operating Leverage Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiwanram Sheoduttrai Industries's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Jiwanram Sheoduttrai Industries's Degree of Operating Leverage falls into.


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Jiwanram Sheoduttrai Industries Degree of Operating Leverage Calculation

Jiwanram Sheoduttrai Industries'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
=( 41.087 (Mar. 2024) / 72.925 (Mar. 2023) - 1 )/( 420.122 (Mar. 2024) / 408.938 (Mar. 2023) - 1 )
=-0.4366/0.0273
=-15.96***

* 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.


Jiwanram Sheoduttrai Industries  (NSE:JIWANRAM) 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.


Jiwanram Sheoduttrai Industries Degree of Operating Leverage Related Terms

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Jiwanram Sheoduttrai Industries Business Description

Traded in Other Exchanges
N/A
Address
Shilpangan, LB 1, Module 301 & 302, Phase -1, Sector III, Kolkata, WB, IND, 700098
Jiwanram Sheoduttrai Industries Ltd is engaged in the manufacturing and export of Industrial Safety Gloves and Garments which provides customized solutions in the field of Industrial Safety. Its Products are well-accepted for their quality which covers all its manufacturing range of Gloves, Industrial Garments and other protective PPEs and solution baskets for Industrial Safety. It is majorly engaged in the business of manufacturing and exporting for various brands.

Jiwanram Sheoduttrai Industries Headlines

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