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Endurance Specialty Holdings (Endurance Specialty Holdings) Degree of Financial Leverage : 0.00 (As of Mar. 2017)


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What is Endurance Specialty Holdings 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). Endurance Specialty Holdings's Degree of Financial Leverage for the quarter that ended in Mar. 2017 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

ENHPRACL.PFD's Degree of Financial Leverage is not ranked *
in the Insurance industry.
Industry Median: 0.95
* Ranked among companies with meaningful Degree of Financial Leverage only.

Endurance Specialty Holdings Degree of Financial Leverage Historical Data

The historical data trend for Endurance Specialty Holdings'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.

Endurance Specialty Holdings Degree of Financial Leverage Chart

Endurance Specialty Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Degree of Financial Leverage
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Endurance Specialty Holdings Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Endurance Specialty Holdings's Degree of Financial Leverage

For the Insurance - Property & Casualty subindustry, Endurance Specialty Holdings'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.


Endurance Specialty Holdings's Degree of Financial Leverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Endurance Specialty Holdings's Degree of Financial Leverage distribution charts can be found below:

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



Endurance Specialty Holdings Degree of Financial Leverage Calculation

Endurance Specialty Holdings's Degree of Financial Leverage for the quarter that ended in Mar. 2017 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 0 (Mar. 2017) / 0 (Mar. 2016) - 1 )/( 308.66 (Mar. 2017) / 413.686 (Mar. 2016) - 1 )
=/-0.2539
=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.


Endurance Specialty Holdings  (NYSE:ENHPRACL.PFD) 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.


Endurance Specialty Holdings Degree of Financial Leverage Related Terms

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


Endurance Specialty Holdings (Endurance Specialty Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Endurance Specialty Holdings is a property and casualty insurance holding company that underwrites its products on a global basis. Operations are organized into two business segments: insurance and reinsurance. Endurance generates the vast majority of its revenue from the insurance segment, where most of its revenue is derived from its agriculture insurance line. The reinsurance segment derives most of its revenue through its catastrophe insurance line. The company's key strategies include an emphasis on profitability, deep client relationships, risk management, and proactively managing its capital base.
Executives
Ehara Shigeru director 26-1, NISHI-SHINJUKU 1-CHOME, SHINJUKU-KU, TOKYO M0 160-8338
Junichi Tanaka director 26-1, NISHI-SHINJUKU 1-CHOME, SHINJUKU-KU, TOKYO M0 160-8338
Nigel Frudd director 26-1, NISHI-SHINJUKU 1-CHOME, SHINJUKU-KU, TOKYO M0 160-8338
John A Kuhn officer: CEO, Global Insurance C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WEST BUILDING, WHITE PLAINS NY 10604
Mark Silverstein officer: Chief Investment Officer, ESL C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WHITE PLAINS NY 10604
Michael J Mcguire officer: Chief Financial Officer C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Brian W Goshen officer: Chief Admin. Officer, ESL AXIS CAPITAL HOLDINGS LIMITED, 11680 GREAT OAKS WAY, SUITE 500, ALPHARETTA GA 30022
Jerome Faure officer: Former CEO, Global Reinsurance C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WEST BUILDING, WHITE PLAINS NY 10604
Young Stephen H.r. officer: CEO, Global Reinsurance C/O ENDURANCE SERVICES LIMITED, 4 MANHATTANVILLE ROAD, PURCHASE NY 10577
Carrie Rosorea officer: Chief Accounting Officer 333 WESTCHESTER AVE., WHITE PLAINS NY 10604
Christopher Gallagher officer: Chief Risk Officer C/O ENDURANCE SERVICES LIMITED, 4 MANHATTANVILLE ROAD, PURCHASE NY 10577
Joan Delemps officer: Chief Risk Officer ESL C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WHITE PLAINS NY 10604
John Charman director, officer: Chmn & Chief Executive Officer AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Ian Michael Winchester director 350 CENTRAL PARK WEST, APPT.15D, NEW YORK CITY NY 10025-6504
Morgan W Davis director 80 SOUTH MAIN STREET, HANOVER NH 03755

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