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LTUM (Lithium) Degree of Operating Leverage : 0.00 (As of Jun. 2024)


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What is Lithium Degree of Operating Leverage?

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


Lithium Degree of Operating Leverage Historical Data

The historical data trend for Lithium'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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Lithium Degree of Operating Leverage Chart

Lithium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
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Lithium Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Lithium's Degree of Operating Leverage

For the Other Industrial Metals & Mining subindustry, Lithium'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.


Lithium's Degree of Operating Leverage Distribution in the Metals & Mining Industry

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

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



Lithium Degree of Operating Leverage Calculation

Lithium's Degree of Operating Leverage for the quarter that ended in Jun. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -0.705 (Jun. 2024) / -0.592 (Jun. 2023) - 1 )/( 0 (Jun. 2024) / 0 (Jun. 2023) - 1 )
=0.1909/
=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.


Lithium  (OTCPK:LTUM) 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.


Lithium Degree of Operating Leverage Related Terms

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Lithium Business Description

Traded in Other Exchanges
Address
1031 Railroad Street, Suite 102B, Elko, NV, USA, 89801
Lithium Corp is an exploration company based in Nevada. It is engaged in the identification, acquisition, and exploration of metals and minerals. Lithium Corporation is currently exploring two wholly owned prospects located in the State of Nevada, USA, and two prospects in British Columbia, Canada. The company's properties include Fish Lake property, San Emidio property, Mount Heimdal Flake Graphite property, and BC Sugar Flake Graphite property.
Executives
Dr Borenstein Ltd 10 percent owner 18 REINES ST, TEL AVIV L3 00000
Tom Lewis director, 10 percent owner, officer: President/Secretary/Treasurer 1958 NEWHAVEN LOOP, RICHLAND WA 99352
Alexander Richard Walsh director, 10 percent owner, officer: President / CEO 320 E. FAIRMONT DR, TEMPE AZ 85282
Brian O'connell Goss director 1031 RAILROAD STREET, SUITE 102B, ELKO NV 89801
James Stuart Brown director APARTMENT PEARL GARDEN, UNIT NO. WP00606, JL. JEN. GATOT SUBROTO KAV 5-7, JAKARTA K8 12930
John G Webster director 224 W. 16TH AVENUE, SPOKANE WA 99203
John E Hiner director, 10 percent owner, officer: VP of Exploration 9443 AXLUND ROAD, LYNDEN WA 98264
Henry H Tonking director PO BOX 6545, INCLINE VILLAGE NV 89451
Mazen Hleiss director, officer: President/Secretary/Treasurer 999 - 3RD AVE #3800, SEATTLE WA 98104

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