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Steadright Critical Minerals (XCNQ:SCM) Degree of Operating Leverage : 0.00 (As of Dec. 2024)


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What is Steadright Critical Minerals Degree of Operating Leverage?

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


Steadright Critical Minerals Degree of Operating Leverage Historical Data

The historical data trend for Steadright Critical Minerals'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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Steadright Critical Minerals Degree of Operating Leverage Chart

Steadright Critical Minerals Annual Data
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Degree of Operating Leverage
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Steadright Critical Minerals Quarterly Data
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Competitive Comparison of Steadright Critical Minerals's Degree of Operating Leverage

For the Other Industrial Metals & Mining subindustry, Steadright Critical Minerals'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.


Steadright Critical Minerals's Degree of Operating Leverage Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Steadright Critical Minerals's Degree of Operating Leverage falls into.


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Steadright Critical Minerals Degree of Operating Leverage Calculation

Steadright Critical Minerals's Degree of Operating Leverage for the quarter that ended in Dec. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -1.757 (Dec. 2024) / -0.059 (Dec. 2023) - 1 )/( 0 (Dec. 2024) / 0 (Dec. 2023) - 1 )
=28.7797/
=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.


Steadright Critical Minerals  (XCNQ:SCM) 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.


Steadright Critical Minerals Degree of Operating Leverage Related Terms

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Steadright Critical Minerals Business Description

Traded in Other Exchanges
N/A
Address
1 Crescent Road, Suite 216, Huntsville, ON, CAN, P1H 1Z6
Steadright Critical Minerals Inc is a mining exploration company. The company is engaged in the exploration and evaluation of mineral properties. It explores nickel, copper cobalt, and PGE (Platinum Group Elements) minerals. The company has a focus on the RAM project located within the Province of Quebec.
Executives
John Morgan Director, Senior Officer
Urbanski Mark Director
Palkovits Robert Senior Officer

Steadright Critical Minerals Headlines