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Golden Goliath Resources (LTS:0UY9) Degree of Operating Leverage : 0.00 (As of May. 2024)


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What is Golden Goliath Resources Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Golden Goliath Resources does not have enough data to calculate Degree of Operating Leverage.


Golden Goliath Resources Degree of Operating Leverage Historical Data

The historical data trend for Golden Goliath Resources's Degree of Operating 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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Golden Goliath Resources Degree of Operating Leverage Chart

Golden Goliath Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Degree of Operating Leverage
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Golden Goliath Resources Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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Competitive Comparison of Golden Goliath Resources's Degree of Operating Leverage

For the Other Industrial Metals & Mining subindustry, Golden Goliath Resources's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating 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.


Golden Goliath Resources's Degree of Operating Leverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Golden Goliath Resources's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Golden Goliath Resources's Degree of Operating Leverage falls into.



Golden Goliath Resources Degree of Operating Leverage Calculation

Golden Goliath Resources's Degree of Operating Leverage for the quarter that ended in May. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -0.487 (May. 2024) / -0.707 (May. 2023) - 1 )/( 0 (May. 2024) / 0 (May. 2023) - 1 )
=-0.3112/
=N/A***

* 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 EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating 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.


Golden Goliath Resources  (LTS:0UY9) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


Golden Goliath Resources Degree of Operating Leverage Related Terms

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Golden Goliath Resources Business Description

Traded in Other Exchanges
Address
688 West Hastings Street, Suite 920, Vancouver, BC, CAN, V6B 1P1
Golden Goliath Resources Ltd is an exploration stage company. Its principal business activity is the acquisition and exploration of resource properties. It has properties in Ontario, Canada namely KWAI property and SLF property in the Red Lake District, the Wish Ore property in townships of Wishat and Palmer and in Mexico namely San Timoteo and NSR Royalties.

Golden Goliath Resources Headlines

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