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SeaChange International (SeaChange International) Degree of Financial Leverage : 0.00 (As of Apr. 2023)


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What is SeaChange International 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). SeaChange International's Degree of Financial Leverage for the quarter that ended in Apr. 2023 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for SeaChange International's Degree of Financial Leverage or its related term are showing as below:

SEAC's Degree of Financial Leverage is not ranked *
in the Software industry.
Industry Median: 0.98
* Ranked among companies with meaningful Degree of Financial Leverage only.

SeaChange International Degree of Financial Leverage Historical Data

The historical data trend for SeaChange International'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.

SeaChange International Degree of Financial Leverage Chart

SeaChange International Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Degree of Financial Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 0.77 - 1.12 -0.44

SeaChange International Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 1.11 0.35 -0.16 -0.44 -0.43

Competitive Comparison of SeaChange International's Degree of Financial Leverage

For the Software - Application subindustry, SeaChange International'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.


SeaChange International's Degree of Financial Leverage Distribution in the Software Industry

For the Software industry and Technology sector, SeaChange International's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where SeaChange International's Degree of Financial Leverage falls into.



SeaChange International Degree of Financial Leverage Calculation

SeaChange International's Degree of Financial Leverage for the quarter that ended in Apr. 2023 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -3.68 (Apr. 2023) / -2.517 (Apr. 2022) - 1 )/( 0.375 (Apr. 2023) / -5.633 (Apr. 2022) - 1 )
=0.4621/-1.0666
=-0.43***

* 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.


SeaChange International  (OTCPK:SEAC) 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.


SeaChange International Degree of Financial Leverage Related Terms

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


SeaChange International (SeaChange International) Business Description

Traded in Other Exchanges
N/A
Address
177 Huntington Avenue, Suite 1703, PMB 73480, Boston, MA, USA, 02115
SeaChange International Inc is a provider of multiscreen video solutions for television service providers, telecommunications companies, satellite operators, and media companies. The business has two product areas: multiscreen video back-office and advertising and video gateway software solutions. The firm's solutions facilitate aggregation, licensing, management, and distribution of video and advertising content for its customers. The company derives revenue from sales of hardware, software, systems, and services in multiple-element arrangements. Roughly half of the firm's revenue is generated in the United States, with the rest in Europe, Middle East, Latin America, and Asia-Pacific regions.
Executives
Karen Singer 10 percent owner 212 VACCARO DRIVE, CRESSKILL NJ 07626
Christoph Klimmer officer: President 177 HUNTINGTON AVENUE, SUITE 1703, BOSTON MA 02115
Mark Paul Szynkowski officer: SVP, CFO and Treasurer 44 LAKEVIEW DRIVE, MONROE NY 10950
Igor Volshteyn director 6470 EAST JOHNS CROSSING, DULUTH GA 30097
Kathleen Mosher officer: Chief Financial Officer C/O SEACHANGE INTERNATIONAL, INC., 177 HUNTINGTON AVENUE, SUITE 1703, BOSTON MA 02115
Peter D Aquino director, officer: President and C.E.O. MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Michael Prinn officer: Chief Financial Officer C/O BRIDGELINE DIGITAL, INC., 10 SIXTH ROAD, WOBURN MA 01801
Steven G Singer director 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Robert M Pons director 439 WILLIAMSON ROAD, GLADWYNE PA 19035
David J Nicol director 9777 PYRAMID COURT 100, C/O EVOLVING SYSTEMS INC, ENGLEWOOD CO 80112
Matthew Stecker director 711 SOUTH BRYN MAWR AVE., BRYN MAWR PA 19010
Marek Kielczewski officer: Chief Technology Officer 50 NAGOG PARK, ACTON MA 01720
Yosef Aloni officer: Chief Commercial Officer 50 NAGOG PARK, ACTON MA 01720
Julian D. Singer director 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Chad A. Hassler officer: Chief Commercial Officer 50 NAGOG PARK, ACTON MA 01720