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Urgently (Urgently) Degree of Financial Leverage : 0.67 (As of Mar. 2024)


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What is Urgently 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). Urgently's Degree of Financial Leverage for the quarter that ended in Mar. 2024 was 0.67. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

ULY's Degree of Financial Leverage is ranked better than
70.88% of 2665 companies
in the Software industry
Industry Median: 0.98 vs ULY: 0.67

Urgently Degree of Financial Leverage Historical Data

The historical data trend for Urgently'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.

Urgently Degree of Financial Leverage Chart

Urgently Annual Data
Trend Dec21 Dec22 Dec23
Degree of Financial Leverage
- 3.11 0.70

Urgently Quarterly Data
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 - - -2.41 0.70 0.67

Competitive Comparison of Urgently's Degree of Financial Leverage

For the Software - Application subindustry, Urgently'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.


Urgently's Degree of Financial Leverage Distribution in the Software Industry

For the Software industry and Technology sector, Urgently's Degree of Financial Leverage distribution charts can be found below:

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



Urgently Degree of Financial Leverage Calculation

Urgently'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
=( 8.149 (Mar. 2024) / -7.428 (Mar. 2023) - 1 )/( 117.362 (Mar. 2024) / -54.644 (Mar. 2023) - 1 )
=-2.0971/-3.1478
=0.67***

* 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.


Urgently  (NAS:ULY) 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.


Urgently Degree of Financial Leverage Related Terms

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


Urgently (Urgently) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8609 Westwood Center Drive, Suite 810, Vienna, VA, USA, 22182
Urgent.ly Inc is a leading connected mobility assistance software platform, matching vehicle owners and operators with service professionals who deliver traditional roadside assistance, proactive maintenance and repair services. The traditional experience of a vehicle breakdown is often stressful and inconvenient, compounded by processes that lack transparency and lead to long wait times. Urgently offers an innovative alternative to this traditional experience, leveraging its digitally native software platform to match supply and demand in its network and deliver exceptional mobility assistance experiences at scale.
Executives
Volkow Ben director 16 ABBA EBAN BLVD., HERZLIYA PITUACH L3 467256
Andrew M Geisse director 208 S. AKARD ST., DALLAS TX 75202
Timothy C. Huffmyer officer: Chief Financial Officer 1000 PARK DRIVE, LAWRENCE PA 15055
James M Micali director C/O SONOCO PRODUCTS COMPANY, 1 NORTH SECOND STREET, HARTSVILLE SC 29550
Gina Domanig director 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182
Ryan Pollock director 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182
Matthew Booth director, officer: Chief Executive Officer 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182
Suzie Doran director 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182