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SNAX (Stryve Foods) Degree of Operating Leverage : 5.24 (As of Sep. 2024)


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What is Stryve Foods Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Stryve Foods's Degree of Operating Leverage for the quarter that ended in Sep. 2024 was 5.24. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

SNAX's Degree of Operating Leverage is ranked worse than
75.64% of 1839 companies
in the Consumer Packaged Goods industry
Industry Median: 1.01 vs SNAX: 5.24

Stryve Foods Degree of Operating Leverage Historical Data

The historical data trend for Stryve Foods'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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Stryve Foods Degree of Operating Leverage Chart

Stryve Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
- - -26.08 1.28

Stryve Foods Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.71 1.28 1.45 1.00 5.24

Competitive Comparison of Stryve Foods's Degree of Operating Leverage

For the Packaged Foods subindustry, Stryve Foods'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.


Stryve Foods's Degree of Operating Leverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Stryve Foods's Degree of Operating Leverage distribution charts can be found below:

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


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Stryve Foods Degree of Operating Leverage Calculation

Stryve Foods's Degree of Operating Leverage for the quarter that ended in Sep. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -12.035 (Sep. 2024) / -15.528 (Sep. 2023) - 1 )/( 19.364 (Sep. 2024) / 20.232 (Sep. 2023) - 1 )
=-0.2249/-0.0429
=5.24***

* 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.


Stryve Foods  (OTCPK:SNAX) 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.


Stryve Foods Degree of Operating Leverage Related Terms

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Stryve Foods Business Description

Traded in Other Exchanges
N/A
Address
Post Office Box 864, Frisco, TX, USA, 75034
Stryve Foods Inc is a healthy snacking company that manufactures, markets, and sells differentiated healthy snacking products. The company offers convenient snacks that are lower in sugar and carbohydrates and higher in protein than other snacks.
Executives
Christopher J. Boever director, officer: CEO C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
B. Luke Weil director CARRERA 10 NO. 28-49, TORRE A. OFICINA 20-05, BOGOTA F8 XXXXX
Kevin Vivian director 5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Mauricio Orellana director 250 WEST 57TH ST., NEW YORK NY 10107
Alex Hawkins officer: CFO 5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Chris Whitehair director 7301 OHMS LANE SUITE 600, EDINA MN 55439
Ramsey Robert D. Iii director 5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Ted Casey director 5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Gregory Stephen Christenson director 500 WEST 5TH STREET, AUSTIN TX 78701
Joe A Oblas director, officer: Co-Chief Executive Officer 65 INVERNESS DRIVE EAST, SUITE 105, ENGLEWOOD CO 80112
Charles D Vogt director TEKELEC, 26580 WEST AGOURA ROAD, CALABASAS CA 91302
Efrem Kamen 10 percent owner C/O PURA VIDA INVESTMENTS, LLC, 512 W 22ND STREET, 7TH FLOOR, NEW YORK NY 10011
Pura Vida Investments, Llc 10 percent owner 512 W 22ND STREET, 7TH FLOOR, NEW YORK NY 10011
Jaxie S. Alt director, officer: Co-CEO & CMO 5301 LEGACY DRIVE, PLANO TX 75024
Stryve Foods Holdings, Llc 10 percent owner 5801 TENNYSON PARKWAY, SUITE 275, PLANO TX 75024