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Glen Eagle Resources (TSXV:GER) Degree of Operating Leverage : 0.00 (As of Sep. 2023)


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What is Glen Eagle Resources Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Glen Eagle Resources's Degree of Operating Leverage for the quarter that ended in Sep. 2023 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Glen Eagle Resources's Degree of Operating Leverage or its related term are showing as below:

TSXV:GER's Degree of Operating Leverage is not ranked *
in the Metals & Mining industry.
Industry Median: 0.94
* Ranked among companies with meaningful Degree of Operating Leverage only.

Glen Eagle Resources Degree of Operating Leverage Historical Data

The historical data trend for Glen Eagle Resources'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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Glen Eagle Resources Degree of Operating Leverage Chart

Glen Eagle Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Degree of Operating Leverage
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Glen Eagle Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Glen Eagle Resources's Degree of Operating Leverage

For the Other Industrial Metals & Mining subindustry, Glen Eagle Resources'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.


Glen Eagle Resources's Degree of Operating Leverage Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Glen Eagle Resources's Degree of Operating Leverage falls into.


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Glen Eagle Resources Degree of Operating Leverage Calculation

Glen Eagle Resources's Degree of Operating Leverage for the quarter that ended in Sep. 2023 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -1.636 (Sep. 2023) / -1.982 (Sep. 2022) - 1 )/( 0.346 (Sep. 2023) / 0.89 (Sep. 2022) - 1 )
=-0.1746/-0.6112
=0.29***

* 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.


Glen Eagle Resources  (TSXV:GER) 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.


Glen Eagle Resources Degree of Operating Leverage Related Terms

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Glen Eagle Resources Business Description

Traded in Other Exchanges
N/A
Address
3650 F Boulevard Matte, Brossard, QC, CAN, J4Y 2Z2
Glen Eagle Resources Inc is a Canada-based company engaged in the acquisition, exploration and evaluation of mining properties. The company currently operates in two segments which are the acquisition, exploration, evaluation, and development of mineral properties, recovery of gold and silver from tailings and recovery of gold from rocks. The corporation's activities are conducted in Quebec (Canada), and Honduras. Its properties include Moose Lake in Canada; Project Cobra Oro 1, and Project Cobra Oro 2 in Honduras.
Executives
Karl Trudeau Senior Officer
Jean-charles Labrecque Director, Senior Officer
Denis Lavigueur 10% Security Holder
Guy Chamard Director

Glen Eagle Resources Headlines

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