GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Infint Acquisition Corp (NYSE:IFIN) » Definitions » Degree of Financial Leverage

Infint Acquisition (Infint Acquisition) Degree of Financial Leverage : -16.07 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Infint Acquisition 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). Infint Acquisition's Degree of Financial Leverage for the quarter that ended in Mar. 2024 was -16.07. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

IFIN's Degree of Financial Leverage is ranked better than
96.49% of 456 companies
in the Diversified Financial Services industry
Industry Median: 0.725 vs IFIN: -16.07

Infint Acquisition Degree of Financial Leverage Historical Data

The historical data trend for Infint Acquisition'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.

Infint Acquisition Degree of Financial Leverage Chart

Infint Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Degree of Financial Leverage
- - 10.31

Infint Acquisition Quarterly Data
Apr21 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 -0.32 -3.29 67.26 10.31 -16.07

Competitive Comparison of Infint Acquisition's Degree of Financial Leverage

For the Shell Companies subindustry, Infint Acquisition'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.


Infint Acquisition's Degree of Financial Leverage Distribution in the Diversified Financial Services Industry

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

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



Infint Acquisition Degree of Financial Leverage Calculation

Infint Acquisition'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
=( 0.207 (Mar. 2024) / 0.02 (Mar. 2023) - 1 )/( -1.754 (Mar. 2024) / -4.194 (Mar. 2023) - 1 )
=9.35/-0.5818
=-16.07***

* 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.


Infint Acquisition  (NYSE:IFIN) 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.


Infint Acquisition Degree of Financial Leverage Related Terms

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


Infint Acquisition (Infint Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
32 Broadway, Suite 401, New York, NY, USA, 10004
Infint Acquisition Corp is a blank check company.
Executives
Wolverine Asset Management Llc 10 percent owner 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
Taconic Capital Advisors Lp 10 percent owner 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Frank Brosens 10 percent owner C/O TACONIC CAPITAL ADVISORS LP, 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Taconic Capital Advisors Uk Llp 10 percent owner 55 GROSVENOR STREET, 4TH FLOOR, LONDON X0 W1K 3HY
Andrey Novikov director 19355 BUSINESS CENTER DRIVE , #9, NORTHRIDG CA 91324
Kevin Chen director 7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Sheldon Brickman officer: Chief Financial Officer 1452 EAST 21ST STREET, BROOKLYN NY 11210
Jing Huang director 47 JAMES RD, MT KISCO NY 10549
Michael Moradzadeh director 800 OAK GROVE AVENUE, SUITE 250, MENLO PARK CA 94025
Alexander Edgarov director, 10 percent owner, officer: Chief Executive Officer 32 BROADWAY, SUITE 401, NEW YORK NY 10004
Dave Cameron director 3738 FLORAMAR TERRACE, NEW PORT RICHEY FL 34652
Infint Capital Llc 10 percent owner 32 BROADWAY, SUITE 401, NEW YORK NY 10004
Eric David Weinstein director 7 PINEWOOD CIRCLE, WHITE PLAINS NY 10603