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Turnall Holdings (XZIM:TURN.ZW) Degree of Operating Leverage : 19.57 (As of Jun. 2024)


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What is Turnall Holdings Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Turnall Holdings's Degree of Operating Leverage for the quarter that ended in Jun. 2024 was 19.57. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Turnall Holdings's Degree of Operating Leverage or its related term are showing as below:

XZIM:TURN.ZW's Degree of Operating Leverage is ranked worse than
92.68% of 1667 companies
in the Construction industry
Industry Median: 0.98 vs XZIM:TURN.ZW: 19.57

Turnall Holdings Degree of Operating Leverage Historical Data

The historical data trend for Turnall Holdings'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.

Turnall Holdings Degree of Operating Leverage Chart

Turnall Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only -21.72 7.83 0.69 12.39 3.07

Turnall Holdings Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun23 Jun24
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 12.39 1.72 3.07 -9.75 19.57

Competitive Comparison of Turnall Holdings's Degree of Operating Leverage

For the Building Products & Equipment subindustry, Turnall Holdings'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.


Turnall Holdings's Degree of Operating Leverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Turnall Holdings's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Turnall Holdings's Degree of Operating Leverage falls into.


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Turnall Holdings Degree of Operating Leverage Calculation

Turnall Holdings's Degree of Operating Leverage for the quarter that ended in Jun. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -32.78 (Jun. 2024) / -17.427 (Jun. 2023) - 1 )/( 148.816 (Jun. 2024) / 142.405 (Jun. 2023) - 1 )
=0.881/0.045
=19.57***

* 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.


Turnall Holdings  (XZIM:TURN.ZW) 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.


Turnall Holdings Degree of Operating Leverage Related Terms

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Turnall Holdings Business Description

Traded in Other Exchanges
N/A
Address
5 Glasgow Road, Workington, P.O. Box 3985, Southerton, Harare, ZWE
Turnall Holdings Ltd is a Zimbabwe-based company, which is engaged in the production of building and construction materials comprising corrugated sheeting, flat sheets, pressure pipes, sewer pipes, concrete roofing tiles, and related accessories. It operates through segments, which include Building Products, Piping products, Concrete tiles, and Construction. The Building Products segment which earns the majority of revenue is engaged in the production of roofing sheets, flat sheets, and molded goods. Its Piping products segment is engaged in the production of water and sewer reticulation pipes. The Concrete tile segment is engaged in the production of concrete roofing products. Geographically, it derives maximum revenue from Zimbabwe.

Turnall Holdings Headlines

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