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Scripps Networks Interactive (Scripps Networks Interactive) Degree of Financial Leverage : 0.00 (As of Dec. 2017)


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What is Scripps Networks Interactive 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). Scripps Networks Interactive's Degree of Financial Leverage for the quarter that ended in Dec. 2017 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

SNI's Degree of Financial Leverage is not ranked *
in the Media - Diversified industry.
Industry Median: 0.99
* Ranked among companies with meaningful Degree of Financial Leverage only.

Scripps Networks Interactive Degree of Financial Leverage Historical Data

The historical data trend for Scripps Networks Interactive'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.

Scripps Networks Interactive Degree of Financial Leverage Chart

Scripps Networks Interactive Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Degree of Financial Leverage
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Scripps Networks Interactive Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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Competitive Comparison of Scripps Networks Interactive's Degree of Financial Leverage

For the Broadcasting subindustry, Scripps Networks Interactive'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.


Scripps Networks Interactive's Degree of Financial Leverage Distribution in the Media - Diversified Industry

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

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



Scripps Networks Interactive Degree of Financial Leverage Calculation

Scripps Networks Interactive's Degree of Financial Leverage for the quarter that ended in Dec. 2017 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 4.76 (Dec. 2017) / 5.18 (Dec. 2016) - 1 )/( 1274.413 (Dec. 2017) / 1148.595 (Dec. 2016) - 1 )
=-0.0811/0.1095
=-0.74***

* 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.


Scripps Networks Interactive  (NAS:SNI) 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.


Scripps Networks Interactive Degree of Financial Leverage Related Terms

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


Scripps Networks Interactive (Scripps Networks Interactive) Business Description

Traded in Other Exchanges
N/A
Address
Scripps is a vertically integrated content company that operates six domestic cable channels and owns 98% of the content that airs on its channels. Spun off from E.W. Scripps in 2008, Scripps' three largest networks (Food Network, HGTV, and Travel Channel) reach over 90 million households subscribing to basic cable in the U.S. While two (HGTV and Food Network) networks regularly rank within the top 25 networks in the U.S., Scripps has very little exposure to international markets with only 3% of revenue earned from outside the U.S.
Executives
Mitchell Jenny Sue Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Careen Cardin 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Eva Scripps Attal 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Savannah Brickner 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Scripps William A. Jr. 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Wesley W. Scripps director, 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Samantha J. Brickner 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Estate Of Robert P. Scripps, Jr. 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Nathaniel W Heidt 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Austin S Heidt 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Heidt Robert S Iii 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Crystal Vasquez Lozano 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Jessica L. Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Dubuc Cody 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
J. Sebastian Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017

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