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Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). Intuitive Machines's Degree of Financial Leverage for the quarter that ended in Mar. 2024 was -0.60. The higher Degree of Financial Leverage, the more volatile earnings will be.
The industry rank for Intuitive Machines's Degree of Financial Leverage or its related term are showing as below:
The historical data trend for Intuitive Machines'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.
Intuitive Machines Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
Degree of Financial Leverage | - | 1.05 | - | - |
Intuitive Machines Quarterly Data | ||||||||||||
Dec20 | Jun21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Degree of Financial Leverage | Get a 7-Day Free Trial | -0.17 | 4.21 | 1.18 | - | -0.60 |
For the Aerospace & Defense subindustry, Intuitive Machines'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.
For the Aerospace & Defense industry and Industrials sector, Intuitive Machines's Degree of Financial Leverage distribution charts can be found below:
* The bar in red indicates where Intuitive Machines's Degree of Financial Leverage falls into.
Intuitive Machines'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 |
= | ( 0.505 (Mar. 2024) / -0.64 (Mar. 2023) - 1 ) | / | ( -84.798 (Mar. 2024) / -21.33 (Mar. 2023) - 1 ) | |
= | -1.7891 | / | 2.9755 | |
= | -0.60*** |
* 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.
Intuitive Machines (NAS:LUNR) 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.
Thank you for viewing the detailed overview of Intuitive Machines's Degree of Financial Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Nicole Seligman | director | C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036 |
Anna Chiara Jones | officer: GC & Corporate Secretary | C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058 |
Masson Robert L. Ii | director | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Gm Enterprises, Llc | 10 percent owner | 801 THOMPSON AVENUE, ROCKVILLE MD 20852 |
Intuitive Machines Kg Parent, Llc | 10 percent owner | 801 THOMPSON AVENUE, ROCKVILLE MD 20852 |
Ghaffarian Enterprises, Llc | 10 percent owner | 801 THOMPSON AVENUE, ROCKVILLE MD 20852 |
Steven Vontur | officer: Corporate Controller | C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058 |
Liquori William John Jr | director | C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058 |
Kamal Seyed Ghaffarian | director, 10 percent owner, officer: Executive Chairman | C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058 |
Stephen J Altemus | director, 10 percent owner, officer: Chief Executive Officer | C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058 |
Sallee Erik Robinson Worley | officer: Chief Financial Officer | C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058 |
Crain Timothy Price Ii | 10 percent owner, officer: Chief Technology Officer | C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058 |
Hgc Investment Management Inc. | 10 percent owner | 1073 YONGE ST, 2ND FLOOR, TORONTO A6 M4W 2L2 |
Polar Asset Management Partners Inc. | 10 percent owner | 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6 |
Erin Clift | director | C/O INFLECTION POINT ACQUISITION CORP., 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022 |
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