GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Mind Cure Health Inc (XCNQ:MCUR) » Definitions » Degree of Operating Leverage

Mind Cure Health (XCNQ:MCUR) Degree of Operating Leverage : 0.00 (As of Jun. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Mind Cure Health Degree of Operating Leverage?

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


Mind Cure Health Degree of Operating Leverage Historical Data

The historical data trend for Mind Cure Health'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.

Mind Cure Health Degree of Operating Leverage Chart

Mind Cure Health Annual Data
Trend May20 May21
Degree of Operating Leverage
- -

Mind Cure Health Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Jun23
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 - - - - -

Competitive Comparison of Mind Cure Health's Degree of Operating Leverage

For the Biotechnology subindustry, Mind Cure Health'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.


Mind Cure Health's Degree of Operating Leverage Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Mind Cure Health's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Mind Cure Health's Degree of Operating Leverage falls into.


;
;

Mind Cure Health Degree of Operating Leverage Calculation

Mind Cure Health's Degree of Operating Leverage for the quarter that ended in Jun. 2023 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -3.64 (Jun. 2023) / -10.046 (May. 2022) - 1 )/( 0 (Jun. 2023) / 0 (May. 2022) - 1 )
=-0.6377/
=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.


Mind Cure Health  (XCNQ:MCUR) 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.


Mind Cure Health Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of Mind Cure Health's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Mind Cure Health Business Description

Traded in Other Exchanges
N/A
Address
422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4
Mind Cure Health Inc is a life sciences company with a mission to identify, develop and commercialize products that enhance mental health and wellness. The company's current business activities are primarily focused on developing digital therapeutics technology and researching psychedelic compounds to rapidly scale science-backed and evidence-based mental health therapy globally.

Mind Cure Health Headlines

No Headlines