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TUT Fitness Group (TSXV:GYM) Degree of Operating Leverage : 0.00 (As of Mar. 2024)


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What is TUT Fitness Group Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. TUT Fitness Group's Degree of Operating Leverage for the quarter that ended in Mar. 2024 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for TUT Fitness Group's Degree of Operating Leverage or its related term are showing as below:

TSXV:GYM's Degree of Operating Leverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.155
* Ranked among companies with meaningful Degree of Operating Leverage only.

TUT Fitness Group Degree of Operating Leverage Historical Data

The historical data trend for TUT Fitness Group'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.

TUT Fitness Group Degree of Operating Leverage Chart

TUT Fitness Group Annual Data
Trend Sep21 Sep22 Sep23
Degree of Operating Leverage
- - 0.06

TUT Fitness Group Quarterly Data
Aug20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.25 -0.42 -0.39 0.06 -0.04

Competitive Comparison of TUT Fitness Group's Degree of Operating Leverage

For the Leisure subindustry, TUT Fitness Group'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.


TUT Fitness Group's Degree of Operating Leverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TUT Fitness Group's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where TUT Fitness Group's Degree of Operating Leverage falls into.


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TUT Fitness Group Degree of Operating Leverage Calculation

TUT Fitness Group'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
=( -1.701 (Mar. 2024) / -1.671 (Mar. 2023) - 1 )/( 0.117 (Mar. 2024) / 0.236 (Mar. 2023) - 1 )
=0.018/-0.5042
=-0.04***

* 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.


TUT Fitness Group  (TSXV:GYM) 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.


TUT Fitness Group Degree of Operating Leverage Related Terms

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TUT Fitness Group Business Description

Traded in Other Exchanges
N/A
Address
17277, 56 Avenue, Suite 112, Surrey, BC, CAN, V3S 1C2
TUT Fitness Group Inc is a fitness company. engaged in design, development, and distribution of patented fitness equipment. It designs and manufactures the smallest, more affordable, high-performance home gyms, that can be assembled and disassembled in minutes, and stored almost anywhere.
Executives
Anthony John Guy Dutton Director
Robert Douglas Smith Director, Senior Officer
Aaron Edward Fader Director or Senior Officer of 10% Security Holder, Senior Officer

TUT Fitness Group Headlines

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