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Jack Nathan Medical (TSXV:JNH) Degree of Operating Leverage : 0.00 (As of Oct. 2023)


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What is Jack Nathan Medical Degree of Operating Leverage?

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

The industry rank for Jack Nathan Medical's Degree of Operating Leverage or its related term are showing as below:

TSXV:JNH's Degree of Operating Leverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.51
* Ranked among companies with meaningful Degree of Operating Leverage only.

Jack Nathan Medical Degree of Operating Leverage Historical Data

The historical data trend for Jack Nathan Medical'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.

Jack Nathan Medical Degree of Operating Leverage Chart

Jack Nathan Medical Annual Data
Trend Dec18 Dec19 Jan20 Jan21 Jan22 Jan23
Degree of Operating Leverage
Get a 7-Day Free Trial - - - -0.06 -0.16

Jack Nathan Medical Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 Premium Member Only Premium Member Only -0.12 -0.16 -0.62 -0.59 1.66

Competitive Comparison of Jack Nathan Medical's Degree of Operating Leverage

For the Medical Care Facilities subindustry, Jack Nathan Medical'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.


Jack Nathan Medical's Degree of Operating Leverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Jack Nathan Medical's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Jack Nathan Medical's Degree of Operating Leverage falls into.


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Jack Nathan Medical Degree of Operating Leverage Calculation

Jack Nathan Medical's Degree of Operating Leverage for the quarter that ended in Oct. 2023 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -7.758 (Oct. 2023) / -6.585 (Oct. 2022) - 1 )/( 16.691 (Oct. 2023) / 15.072 (Oct. 2022) - 1 )
=0.1781/0.1074
=1.66***

* 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.


Jack Nathan Medical  (TSXV:JNH) 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.


Jack Nathan Medical Degree of Operating Leverage Related Terms

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Jack Nathan Medical Business Description

Traded in Other Exchanges
N/A
Address
6 - 6150 Highway 7, Suite 491, Jack Nathan Health, Woodbridge, ON, CAN, L4H 0R6
Jack Nathan Medical Corp is a provider of primary care medical clinics located in Walmart Supercentres under the Jack Nathan Health brand. The company designs, builds and sets barrier-free medical clinics for physicians in high-density centers, providing patients with an opportunity to receive immediate access to quality care in modern facilities.
Executives
George Barakat 10% Security Holder, Director
Michael Marchelletta 10% Security Holder, Director, Senior Officer
Neil Joseph Labatte Director, Senior Officer

Jack Nathan Medical Headlines

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