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TORM (TOR Minerals International) Degree of Operating Leverage : 0.00 (As of Dec. 2017)


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What is TOR Minerals International Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. TOR Minerals International's Degree of Operating Leverage for the quarter that ended in Dec. 2017 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

TORM's Degree of Operating Leverage is not ranked *
in the Chemicals industry.
Industry Median: 1.01
* Ranked among companies with meaningful Degree of Operating Leverage only.

TOR Minerals International Degree of Operating Leverage Historical Data

The historical data trend for TOR Minerals 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.

TOR Minerals International Degree of Operating Leverage Chart

TOR Minerals International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Degree of Operating Leverage
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TOR Minerals International Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
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Competitive Comparison of TOR Minerals International's Degree of Operating Leverage

For the Specialty Chemicals subindustry, TOR Minerals 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.


TOR Minerals International's Degree of Operating Leverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOR Minerals International's Degree of Operating Leverage distribution charts can be found below:

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


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TOR Minerals International Degree of Operating Leverage Calculation

TOR Minerals International's Degree of Operating Leverage for the quarter that ended in Dec. 2017 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -1.338 (Dec. 2017) / 0.728 (Dec. 2016) - 1 )/( 38.966 (Dec. 2017) / 38.456 (Dec. 2016) - 1 )
=-2.8379/0.0133
=-213.99***

* 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.


TOR Minerals International  (OTCPK:TORM) 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.


TOR Minerals International Degree of Operating Leverage Related Terms

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TOR Minerals International Business Description

Traded in Other Exchanges
N/A
Address
711 N. Carancahua Street, Suite 1750, Corpus Christi, TX, USA, 78401
TOR Minerals International Inc is engaged in the manufacture and sale of mineral products for use as pigments and extenders, majorly in the manufacture of paints, industrial coatings plastics, and solid surface applications. It has a business presence in the U.S., Pacific Rim; Canada, Mexico and South/Central America; Europe, Africa and the Middle East countries. Some of its products are Aluprem, Hitox and Tioprem, BARTEX and Haltex, among others.
Executives
Steven E Paulson director 722 BURLESON STREET, CORPUS CHRISTI TX 78402
Mark A Graber 10 percent owner 2220 NORTHSTAR STREET, NUMBER 17, ANCHORAGE AK 99503

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