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Mawson Infrastructure Group (Mawson Infrastructure Group) Degree of Financial Leverage : 0.29 (As of Mar. 2024)


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What is Mawson 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). Mawson Infrastructure Group's Degree of Financial Leverage for the quarter that ended in Mar. 2024 was 0.29. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

MIGI's Degree of Financial Leverage is ranked better than
79.48% of 658 companies
in the Capital Markets industry
Industry Median: 0.97 vs MIGI: 0.29

Mawson Infrastructure Group Degree of Financial Leverage Historical Data

The historical data trend for Mawson 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.

Mawson Infrastructure Group Degree of Financial Leverage Chart

Mawson Infrastructure Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Financial Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.34 0.11 -0.33 -0.20 -1.99

Mawson Infrastructure Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.22 -0.62 0.04 -1.99 0.29

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

For the Capital Markets subindustry, Mawson 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.


Mawson Infrastructure Group's Degree of Financial Leverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mawson Infrastructure Group's Degree of Financial Leverage distribution charts can be found below:

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



Mawson Infrastructure Group Degree of Financial Leverage Calculation

Mawson Infrastructure Group's Degree of Financial Leverage for the quarter that ended in Mar. 2024 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -4.22 (Mar. 2024) / -3.95 (Mar. 2023) - 1 )/( -58.908 (Mar. 2024) / -47.637 (Mar. 2023) - 1 )
=0.0684/0.2366
=0.29***

* 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.


Mawson Infrastructure Group  (NAS:MIGI) 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.


Mawson Infrastructure Group Degree of Financial Leverage Related Terms

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Mawson Infrastructure Group (Mawson Infrastructure Group) Business Description

Traded in Other Exchanges
N/A
Address
201 Clark Street, Sharon, PA, USA, 16146
Mawson Infrastructure Group Inc is a digital infrastructure provider, with diversified operations across Cryptocurrency Mining and Digital Asset Management. Its mission is to build a bridge between the rapidly emerging digital asset industry and traditional capital markets, with a strong focus on shareholder returns.
Executives
Rahul Mewawalla director 265 TURNER DRIVE, DURANGO CO 80202
Michael Forrest Hughes director 21/6A GREENKNOWE AVE, ELIZABETH BAY C3 2011
Ariel Humberto Sivikofsky officer: Principal Accounting Officer 207-209 DERRIBONG DRIVE, CORDEAUX HEIGHTS C3 2526
Nicholas Jeremy Hughes-jones officer: Chief Commercial Officer LEVEL 5, 97 PACIFIC HIGHWAY, NORTH SYDNEY C3 2060
Hetal Majithia officer: Chief Financial Officer 5/44 BAYSWATER ROAD, RUSHCUTTERS BAY C3 2011
James Edward Manning director, 10 percent owner, officer: Chief Executive Officer 301 EDGECLIFF RD, WOOLLAHRA C3 2025
Martin Gregory John Walton director 65 NEERIM ROAD, CASTLE COVE C3 2069
Jonathan Brian Rubini 10 percent owner 2655 MARSTON DRIVE, ANCHORAGE AK 99517
Noam Danenberg officer: Chief Operating Officer 4 BOROCHOV ST, HOD HASHARON L3 4520404
Or Eisenberg officer: Acting CEO, CFO, Treas & Secy. 2 WISSOTZKY ST, TEL AVIV L3 6250204
Liam Daniel Wilson officer: Chief Operating Officer APARTMENT PHE, 100 JANE ST, WEST VILLAGE NY 10014
Rimon Gold Assets Ltd 10 percent owner RAVEN RAVID & CO., 32A HABARZEL ST., TEL AVIV L3 6971047
Mark M Sieczkarek director, officer: Chairman
Michael Belkin director 4 ALONIM ST., GIVATE, SHMUEL L3 54044
Yaakov Zarachia 10 percent owner 10 TZEMACH TZEDEK ST., LOD L3 7132130