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Orbital Infrastructure Group (Orbital Infrastructure Group) Degree of Financial Leverage : 0.38 (As of Mar. 2023)


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What is Orbital Infrastructure Group Degree of Financial Leverage?

Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). Orbital Infrastructure Group's Degree of Financial Leverage for the quarter that ended in Mar. 2023 was 0.38. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for Orbital Infrastructure Group's Degree of Financial Leverage or its related term are showing as below:

OIGBQ's Degree of Financial Leverage is not ranked
in the Construction industry.
Industry Median: 1 vs OIGBQ: 0.38

Orbital Infrastructure Group Degree of Financial Leverage Historical Data

The historical data trend for Orbital Infrastructure Group's Degree of Financial 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.

Orbital Infrastructure Group Degree of Financial Leverage Chart

Orbital Infrastructure Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Degree of Financial Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 5.96 42.80 0.13 0.37

Orbital Infrastructure Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Degree of Financial 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 0.08 0.51 0.42 0.37 0.38

Competitive Comparison of Orbital Infrastructure Group's Degree of Financial Leverage

For the Engineering & Construction subindustry, Orbital Infrastructure Group's Degree of Financial Leverage, along with its competitors' market caps and Degree of Financial 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.


Orbital Infrastructure Group's Degree of Financial Leverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Orbital Infrastructure Group's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where Orbital Infrastructure Group's Degree of Financial Leverage falls into.



Orbital Infrastructure Group Degree of Financial Leverage Calculation

Orbital Infrastructure Group's Degree of Financial Leverage for the quarter that ended in Mar. 2023 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -82.66 (Mar. 2023) / -44.49 (Mar. 2022) - 1 )/( -219.443 (Mar. 2023) / -64.844 (Mar. 2022) - 1 )
=0.8579/2.3842
=0.36***

* 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 EPS and EBIT was used to calculate Degree of Financial Leverage.
*** Please be aware that the Degree of Financial 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.


Orbital Infrastructure Group  (OTCPK:OIGBQ) Degree of Financial Leverage Explanation

Degree of Financial Leverage (DFL) is a leverage ratio that measures the sensitivity of a company’s Earnings per Share (EPS) to fluctuations in its operating income, also referred to as Earnings Before Interest and Taxes (EBIT), resulting from adjustments in its capital structure. DFL is an essential tool for companies to assess the appropriate level of debt or financial leverage in their capital structure. When EBIT remains relatively stable, it results in stable earnings and earnings per share. In such cases, the company may consider taking on substantial debt. However, for companies operating in industries with significant fluctuations in EBIT, it is advisable to keep debt at a manageable level.

The higher Degree of Financial Leverage, the more volatile earnings will be. Because interest is a fixed expense, leverage can amplify earnings and EPS. This is beneficial when EBIT is growing, but it can become problematic in tough economic conditions when EBIT is under pressure.

Be Aware

The use of financial leverage varies across different industries and business sectors, and the application of Degree of Financial Leverage (DFL) should be adjusted accordingly.


Orbital Infrastructure Group Degree of Financial Leverage Related Terms

Thank you for viewing the detailed overview of Orbital Infrastructure Group's Degree of Financial Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Orbital Infrastructure Group (Orbital Infrastructure Group) Business Description

Traded in Other Exchanges
N/A
Address
5444 Westheimer Road, Suite 1650, Houston, TX, USA, 77056
Orbital Infrastructure Group Inc is a diversified infrastructure services platform, providing engineering, design, construction, and maintenance services to customers in three operating segments namely electric power, telecommunications, and renewables.
Executives
Steve Cochennet director 4500 GREENWICH PLACE, AMARILLO TX 79119
James F Oneil director C/O FIRSTENERGY CORP., 76 SOUTH MAIN STREET, AKRON OH 44308
Nicholas M Grindstaff officer: Chief Financial Officer QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175
La Doris Harris officer: CDO and CEO OSS ORBITAL ENERGY GROUP, INC., 1924 ALDINE WESTERN, HOUSTON TX 77038-1204
Jerry Sue Thornton director C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Laforrest V Williams director 1924 ALDINE WESTERN, HOUSTON TX 77038-1204
Paul T Addison director C/O FIRSTENERGY CORP., 76 S. MAIN ST., AKRON OH 44308
Daniel Ned Ford officer: Chief Financial Officer 20050 SW 112TH AVENUE, TUALATIN OR 97062
William J Clough director, officer: President/CEO 200 9TH AVENUE NORTH, SUITE 210, SAFETY HARBOR FL 34695
Sarah Tucker director 1707 1/2 POST OAK BLVD, HOUSTON TX 77056
Paul Dwayne White director 3271 SWEET DR, LAFAYETTE CA 94549
Matthew Murdock Mckenzie director, officer: Corporate Secretary 13120 SW BEDFORD ST, TIGARD OR 97224
Sean P Rooney director 20050 SW 112 AVENUE, TUALATIN OR 97062
Thomas A Price director 601 BRANNAN STREET, SAN FRANCISCO CA 94107
Joseph A Mills director EAGLE ROCK ENERGY PARTNERS, L.P., P.O. BOX 2968, HOUSTON TX 77252-2968

Orbital Infrastructure Group (Orbital Infrastructure Group) Headlines

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