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Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) Degree of Financial Leverage : -9.41 (As of Mar. 2024)


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What is Blockchain Coinvestors Acquisition I 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). Blockchain Coinvestors Acquisition I's Degree of Financial Leverage for the quarter that ended in Mar. 2024 was -9.41. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for Blockchain Coinvestors Acquisition I's Degree of Financial Leverage or its related term are showing as below:

BCSA's Degree of Financial Leverage is ranked better than
95.15% of 454 companies
in the Diversified Financial Services industry
Industry Median: 0.7 vs BCSA: -9.41

Blockchain Coinvestors Acquisition I Degree of Financial Leverage Historical Data

The historical data trend for Blockchain Coinvestors Acquisition I'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.

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Blockchain Coinvestors Acquisition I Degree of Financial Leverage Chart

Blockchain Coinvestors Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
Degree of Financial Leverage
- - -1.06

Blockchain Coinvestors Acquisition I Quarterly Data
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 0.08 -0.63 7.20 -1.06 -9.41

Competitive Comparison of Blockchain Coinvestors Acquisition I's Degree of Financial Leverage

For the Shell Companies subindustry, Blockchain Coinvestors Acquisition I'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.


Blockchain Coinvestors Acquisition I's Degree of Financial Leverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Blockchain Coinvestors Acquisition I's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where Blockchain Coinvestors Acquisition I's Degree of Financial Leverage falls into.



Blockchain Coinvestors Acquisition I Degree of Financial Leverage Calculation

Blockchain Coinvestors Acquisition I'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
=( 0.93 (Mar. 2024) / 0.133 (Mar. 2023) - 1 )/( -1.65 (Mar. 2024) / -4.539 (Mar. 2023) - 1 )
=5.9925/-0.6365
=-9.41***

* 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.


Blockchain Coinvestors Acquisition I  (NAS:BCSA) 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.


Blockchain Coinvestors Acquisition I Degree of Financial Leverage Related Terms

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


Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
Boundary Hall, Cricket Square, PO Box 1093, Grand Cayman, CYM, KY1-1102
Blockchain Coinvestors Acquisition Corp I is a blank check company.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Mitchell Mechigian officer: Chief Financial Officer P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Alison Davis 10 percent owner, officer: Managing Director 255 FISERV DRIVE, BROOKFIELD WI 53045
Lou Kerner director, 10 percent owner, officer: Managing Director and CEO P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Wiel Colin T. director P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Le Merle Matthew C director, 10 percent owner, officer: Managing Director and Chair 4545 PARADISE DRIVE, TIBURON CA 94920
Blockchain Coinvestors Acquisition Sponsors I Llc 10 percent owner 1120 NW COUCH STREET, 10TH FLOOR, PORTLAND OR 97209
Gary Lloyd Cookhorn director P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Rebecca Lynn Macieira-kaufmann director P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102

Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) Headlines