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TGSI (TGS International) Degree of Operating Leverage : 0.00 (As of Sep. 2021)


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What is TGS International Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. TGS International's Degree of Operating Leverage for the quarter that ended in Sep. 2021 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

TGSI's Degree of Operating Leverage is not ranked *
in the Metals & Mining industry.
Industry Median: 0.955
* Ranked among companies with meaningful Degree of Operating Leverage only.

TGS International Degree of Operating Leverage Historical Data

The historical data trend for TGS International'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.

TGS International Degree of Operating Leverage Chart

TGS International Annual Data
Trend Feb17 Feb18 Dec19 Dec20
Degree of Operating Leverage
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TGS International Quarterly Data
Feb17 May17 Aug17 Nov17 Feb18 May18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of TGS International's Degree of Operating Leverage

For the Other Industrial Metals & Mining subindustry, TGS International'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.


TGS International's Degree of Operating Leverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, TGS International's Degree of Operating Leverage distribution charts can be found below:

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


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TGS International Degree of Operating Leverage Calculation

TGS International's Degree of Operating Leverage for the quarter that ended in Sep. 2021 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -0.745 (Sep. 2021) / -1.662 (Sep. 2020) - 1 )/( 0.646 (Sep. 2021) / 0.391 (Sep. 2020) - 1 )
=-0.5517/0.6522
=-0.85***

* 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.


TGS International  (OTCPK:TGSI) 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.


TGS International Degree of Operating Leverage Related Terms

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TGS International Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
7-9 Austin Ave, Room 20, 8th Floor, Woon Lee Commercial Building, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Website
TGS International Ltd, along with its subsidiaries, is engaged in the exploration, mining, processing, and sale of fluorite in Mongolia. The company has three mining projects, namely Altan Ovoo, Oosmonskogo 1, and Oosmonskogo 2. Geographically, it operates in the People's Republic of China (including Hong Kong) and Mongolia. It generates revenue from the sales of minerals.

TGS International Headlines

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