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Anghami (Anghami) Degree of Financial Leverage : 0.99 (As of Dec. 2023)


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What is Anghami 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). Anghami's Degree of Financial Leverage for the quarter that ended in Dec. 2023 was 0.99. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

ANGH's Degree of Financial Leverage is ranked worse than
50.84% of 1013 companies
in the Media - Diversified industry
Industry Median: 0.98 vs ANGH: 0.99

Anghami Degree of Financial Leverage Historical Data

The historical data trend for Anghami'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.

Anghami Degree of Financial Leverage Chart

Anghami Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Financial Leverage
Get a 7-Day Free Trial - 0.86 1.01 0.84 0.99

Anghami Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Degree of Financial Leverage Get a 7-Day Free Trial Premium Member Only 1.01 0.93 0.84 1.07 0.99

Competitive Comparison of Anghami's Degree of Financial Leverage

For the Entertainment subindustry, Anghami'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.


Anghami's Degree of Financial Leverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Anghami's Degree of Financial Leverage distribution charts can be found below:

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



Anghami Degree of Financial Leverage Calculation

Anghami's Degree of Financial Leverage for the quarter that ended in Dec. 2023 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -0.6 (Dec. 2023) / -2.35 (Dec. 2022) - 1 )/( -14.742 (Dec. 2023) / -59.775 (Dec. 2022) - 1 )
=-0.7447/-0.7534
=0.99***

* 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.


Anghami  (NAS:ANGH) 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.


Anghami Degree of Financial Leverage Related Terms

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Anghami (Anghami) Business Description

Traded in Other Exchanges
N/A
Address
Abu Dhabi Global Market Square, Al Maryah Island, 16th Floor, Al-Khatem Tower, WeWork Hub71, Abu Dhabi, ARE
Anghami Inc is a digital music entertainment technology platform in the Middle East and North Africa, with the largest catalog of songs. The company features licensed content from leading Arabic labels, independent artists, and distributors. It also features music from major International labels such as Universal, Sony, and Warner and is continuously licensing new content.

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