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Cedar Realty Trust (Cedar Realty Trust) Degree of Financial Leverage : 0.00 (As of Dec. 2023)


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What is Cedar Realty Trust 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). Cedar Realty Trust's Degree of Financial Leverage for the quarter that ended in Dec. 2023 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

CDR's Degree of Financial Leverage is not ranked *
in the REITs industry.
Industry Median: 1.08
* Ranked among companies with meaningful Degree of Financial Leverage only.

Cedar Realty Trust Degree of Financial Leverage Historical Data

The historical data trend for Cedar Realty Trust'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.

Cedar Realty Trust Degree of Financial Leverage Chart

Cedar Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Financial Leverage
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Cedar Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Cedar Realty Trust's Degree of Financial Leverage

For the REIT - Retail subindustry, Cedar Realty Trust'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.


Cedar Realty Trust's Degree of Financial Leverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cedar Realty Trust's Degree of Financial Leverage distribution charts can be found below:

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



Cedar Realty Trust Degree of Financial Leverage Calculation

Cedar Realty Trust'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 (Dec. 2023) / 0 (Dec. 2022) - 1 )/( 10.031 (Dec. 2023) / -68.116 (Dec. 2022) - 1 )
=/-1.1473
=0.00***

* 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.


Cedar Realty Trust  (NYSE:CDR) 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.


Cedar Realty Trust Degree of Financial Leverage Related Terms

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


Cedar Realty Trust (Cedar Realty Trust) Business Description

Industry
Traded in Other Exchanges
Address
2529 Virginia Beach Boulevard, Virginia Beach, VA, USA, 11050-3765
Cedar Realty Trust Inc is a real estate investment trust that focuses on ownership, operation, and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston. The company derives all of its revenues from rents and operating expense reimbursements received pursuant to long-term leases.
Executives
Paula Poskon director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Ej Borrack director 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Kerry G. Campbell director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Crystal Plum director, officer: CFO and Treasurer C/O WHEELER REAL ESTATE INVESTMENT TRUST, 2529 VIRGINIA BEACH BOULEVARD, VIRGINIA BEACH VA 23452
Michael Andrew Franklin director, officer: CEO and President RIVERSEDGE NORTH, 2529 VIRGINIA BEACH BLVD, SUITE 200, VIRGINIA BEACH VA 23452
Wheeler Real Estate Investment Trust, Inc. 10 percent owner RIVERSEDGE NORTH, 2529 VIRGINIA BEACH BLVD., SUITE 200, VIRGINIA BEACH VA 23452
Darcy Morris director C/O CEDAR REALTY TRUST INC., 44 SOUTH BAYLES AVENUE, POST WASHINGTON NY 11050
Bruce J Schanzer director, officer: Pres. & Chief Exec. Officer C/O CEDAR SHOPPING CENTER, 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Jennifer Bitterman officer: EVP & Chief Financial Officer CEDAR REALTY TRUST, INC., 928 CARMANS RAD, MASSAPEQUA NY 11758
Philip Mays officer: Chief Financial Officer C/O CEDAR SHOPPING CENTER, 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Sharon Hochfelder Stern director C/O CEDAR REALTY TRUST INC., 44 SOUTH BAYLES AVENUE, POST WASHINGTON NY 11050
Richard H Ross director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Abraham Eisenstat director 44 SOUTH BAYLES AVENUE, C/O CEDAR REALTY TRUST, INC., PORT WASHINGTON NY 11050
Sabrina L. Kanner director C/O CEDAR REALTY TRUST INC, 44 SOUTH BAYLES AVE, PORT WASHINGTON NY 11050
Kirk Paul G Jr director RAYONIER INC, 50 NORTH LAURA STREET - 19TH FLOOR, JACKSONVILLE FL 32202