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Mobile Mini (Mobile Mini) Degree of Financial Leverage : 0.00 (As of Mar. 2020)


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What is Mobile Mini 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). Mobile Mini's Degree of Financial Leverage for the quarter that ended in Mar. 2020 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

MINI's Degree of Financial Leverage is not ranked *
in the Business Services industry.
Industry Median: 1.02
* Ranked among companies with meaningful Degree of Financial Leverage only.

Mobile Mini Degree of Financial Leverage Historical Data

The historical data trend for Mobile Mini'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.

Mobile Mini Degree of Financial Leverage Chart

Mobile Mini Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Degree of Financial Leverage
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Mobile Mini Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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Competitive Comparison of Mobile Mini's Degree of Financial Leverage

For the Rental & Leasing Services subindustry, Mobile Mini'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.


Mobile Mini's Degree of Financial Leverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mobile Mini's Degree of Financial Leverage distribution charts can be found below:

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



Mobile Mini Degree of Financial Leverage Calculation

Mobile Mini's Degree of Financial Leverage for the quarter that ended in Mar. 2020 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 1.67 (Mar. 2020) / 0.08 (Mar. 2019) - 1 )/( 142.286 (Mar. 2020) / 41.558 (Mar. 2019) - 1 )
=19.875/2.4238
=8.20***

* 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.


Mobile Mini  (NAS:MINI) 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.


Mobile Mini Degree of Financial Leverage Related Terms

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


Mobile Mini (Mobile Mini) Business Description

Traded in Other Exchanges
N/A
Address
4646 East Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
Mobile Mini Inc manufactures, rents, and sells portable storage containers. It generates the vast majority of its revenue from the rental of storage containers. The company's products are organized into two primary categories. Portable storage containers are dropped off at a customers' location by Mobile Mini and used by businesses in the retail, manufacturing, and construction industries. Tank and Pump Solutions consists of liquid and solid containers, as well as pumps and filtration equipment used by companies in the chemicals manufacturing, refining, mining, and the oil and gas industries. The company organizes itself into three segments based on geography: North America, United Kingdom, and Tank and Pump Solutions. The majority of revenue comes from the North America segment.
Executives
Kelly M Williams officer: President & C.E.O. 7420 S. KYRENE ROAD, SUITE 101, TEMPE AZ 85283
Michael W Upchurch director KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Jeffrey S Goble director 10617 NORTH HAYDEN ROAD SUITE 100, SCOTTSDALE AZ 85260
Christopher J Miner officer: Senior VP & General Counsel 7420 SOUTH KYRENE ROAD SUITE 101, TEMPE AZ 85253
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Kimberly J Mcwaters director 20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Mark W Krivoruchka officer: S.V.P. and Chief H.R. Officer RSC HOLDINGS INC. 6929 EAST GREENWAY PARKWAY, SUITE 200 SCOTTSDALE AZ 85254
James J Martell director 314 RINGLING POINT DRIVE, SARASOTA FL 34234
Sara R. Dial director 3300 W. CAMELBACK ROAD, SCOTTSDALE AZ 85017
Stephen A Mcconnell director 6700 EAST SOLANO DRIVE, PARADISE VALLEY AZ 85253
Sanjay Swani director 320 PARK AVENUE STE 2500, NEW YORK NY 10022
Philip Hobson officer: Executive V.P., Operations C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Thomas Scully 10 percent owner 320 PARK AVENUE, SUITE # 2500, NEW YORK NM 10022
Wcas Management Corp 10 percent owner 599 LEXINGTON AVENUE, SUITE 1800, NEW YORK NY 10022
Anthony F Ecock 10 percent owner C/O ICAD INC, 98 SPIT BROOK ROAD SUITE 100, NASHUA NH 03062

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