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Trinity Place Holdings (Trinity Place Holdings) Degree of Financial Leverage : 0.03 (As of Mar. 2024)


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What is Trinity Place Holdings 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). Trinity Place Holdings's Degree of Financial Leverage for the quarter that ended in Mar. 2024 was 0.03. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for Trinity Place Holdings's Degree of Financial Leverage or its related term are showing as below:

TPHS's Degree of Financial Leverage is ranked better than
82.62% of 1766 companies
in the Real Estate industry
Industry Median: 1.02 vs TPHS: 0.03

Trinity Place Holdings Degree of Financial Leverage Historical Data

The historical data trend for Trinity Place Holdings'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.

Trinity Place Holdings Degree of Financial Leverage Chart

Trinity Place Holdings Annual Data
Trend Feb11 Feb15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Financial Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.76 1.57 0.11 0.42

Trinity Place Holdings 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 -0.11 -26.81 -5.08 0.42 0.03

Competitive Comparison of Trinity Place Holdings's Degree of Financial Leverage

For the Real Estate - Development subindustry, Trinity Place Holdings'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.


Trinity Place Holdings's Degree of Financial Leverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Trinity Place Holdings's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where Trinity Place Holdings's Degree of Financial Leverage falls into.



Trinity Place Holdings Degree of Financial Leverage Calculation

Trinity Place Holdings'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
=( -0.71 (Mar. 2024) / -0.6 (Mar. 2023) - 1 )/( 4.68 (Mar. 2024) / 0.716 (Mar. 2023) - 1 )
=0.1833/5.5363
=0.03***

* 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.


Trinity Place Holdings  (AMEX:TPHS) 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.


Trinity Place Holdings Degree of Financial Leverage Related Terms

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Trinity Place Holdings (Trinity Place Holdings) Business Description

Traded in Other Exchanges
N/A
Address
340 Madison Avenue, Suite 3C, New York, NY, USA, 10173
Trinity Place Holdings Inc is a real estate holding, investment, and asset management company. It is primarily engaged into own, investing in, managing, developing or redeveloping real estate assets and real estate-related securities. It also controls a range of intellectual property assets focused on the consumer sector, including its online marketplace at FilenesBasement.com, its rights to the Stanley Blacker brand, and the intellectual property associated with the Running of the Brides event.
Executives
Bartels Patrick J Jr director C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Matthew Messinger, director, officer: President and CEO ONE SYMS WAY, SECAUCUS NJ 07094
Mfp Partners Lp 10 percent owner, other: See remarks below 909 THIRD AVENUE, 33RD FLOOR, New York NY 10022
Alan Cohen director 10 REUTEN DRIVE, CLOSTER NJ 07624
Joanne Minieri director 100 VENTERANS MEMORIAL HIGHWAY, 11TH FL, HAUPPAUGE NY 11788
Jennifer C. Price 10 percent owner, other: See remarks C/O MFP INVESTORS LLC, 909 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Jeffrey B Citrin director 950 THIRD AVENUE, 17TH FLOOR, NEW YORK NY 10022
Steven Kahn officer: Chief Financial Officer 717 FIFTH AVENUE, SUITE 1303, NEW YORK NY 10022
Keith M Pattiz director C/O MCDERMOTT WILL & EMERY, 340 MADISON AVE, NEW YORK NY 10173-1922
Alexander C Matina director C/O MFP INVESTORS, LLC, 667 MADISON AVE, 25TH FL, NEW YORK NY 10065
Richard Guy Pyontek officer: Chief Accounting Officer 1 SYMS WAY, SECAUCUS NJ 07094
Marcato International Master Fund, Ltd. 10 percent owner C/O OGIER FIDUCIARY SERVICES (CAYMAN)LTD, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9007
Marcato Capital Management Llc 10 percent owner FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Marcato Holdings Llc 10 percent owner FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Ds Fund I Llc 10 percent owner 7274 FISHER ISLAND DRIVE, MIAMI BEACH FL 33109-0760

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