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Reconnaissance Energy Africa (TSXV:RECO) Degree of Operating Leverage : 0.00 (As of Sep. 2024)


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What is Reconnaissance Energy Africa Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Reconnaissance Energy Africa does not have enough data to calculate Degree of Operating Leverage.


Reconnaissance Energy Africa Degree of Operating Leverage Historical Data

The historical data trend for Reconnaissance Energy Africa'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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Reconnaissance Energy Africa Degree of Operating Leverage Chart

Reconnaissance Energy Africa Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21
Degree of Operating Leverage
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Reconnaissance Energy Africa Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Reconnaissance Energy Africa's Degree of Operating Leverage

For the Oil & Gas E&P subindustry, Reconnaissance Energy Africa'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.


Reconnaissance Energy Africa's Degree of Operating Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reconnaissance Energy Africa's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Reconnaissance Energy Africa's Degree of Operating Leverage falls into.


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Reconnaissance Energy Africa Degree of Operating Leverage Calculation

Reconnaissance Energy Africa's Degree of Operating Leverage for the quarter that ended in Sep. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -19.912 (Sep. 2024) / -13.429 (Sep. 2023) - 1 )/( 0 (Sep. 2024) / 4.206 (Sep. 2023) - 1 )
=0.4828/
=N/A***

* 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.


Reconnaissance Energy Africa  (TSXV:RECO) 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.


Reconnaissance Energy Africa Degree of Operating Leverage Related Terms

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Reconnaissance Energy Africa Business Description

Traded in Other Exchanges
Address
635-8th Avenue S.W, Suite 1250, Calgary, AB, CAN, T2P 3M3
Reconnaissance Energy Africa Ltd is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia and Botswana. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; the oil and gas operations in Mexico; and the corporate segment. The Mexico segment derives its revenues solely from the production and sale of oil and natural gas from one customer. The corporate segment majorly aggregates costs incurred at the Company's head office in Vancouver and the operations office in Calgary.
Executives
Grayson Martin Andersen Senior Officer
Gordon Keep Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Craig Allan Steinke 10% Security Holder
Nicholas Steinsberger Senior Officer
James Wilton Granath Director
William Scot Evans Senior Officer
Ian William Telfer Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Carlos Escribano Senior Officer
Anna Maria Tudela Senior Officer
Shiraz Dhanani Director
David Brian Elliott 10% Security Holder
Chester (chet) Idziszek Director

Reconnaissance Energy Africa Headlines

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