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Tiffany (Tiffany) Degree of Financial Leverage : 0.00 (As of Oct. 2020)


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

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

TIF's Degree of Financial Leverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.05
* Ranked among companies with meaningful Degree of Financial Leverage only.

Tiffany Degree of Financial Leverage Historical Data

The historical data trend for Tiffany'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.

Tiffany Degree of Financial Leverage Chart

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Tiffany Quarterly Data
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Competitive Comparison of Tiffany's Degree of Financial Leverage

For the Luxury Goods subindustry, Tiffany'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.


Tiffany's Degree of Financial Leverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tiffany's Degree of Financial Leverage distribution charts can be found below:

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



Tiffany Degree of Financial Leverage Calculation

Tiffany's Degree of Financial Leverage for the quarter that ended in Oct. 2020 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 2.37 (Oct. 2020) / 4.47 (Oct. 2019) - 1 )/( 407.2 (Oct. 2020) / 727.8 (Oct. 2019) - 1 )
=-0.4698/-0.4405
=1.07***

* 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.


Tiffany  (NYSE:TIF) 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.


Tiffany Degree of Financial Leverage Related Terms

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


Tiffany (Tiffany) Business Description

Traded in Other Exchanges
N/A
Address
200 Fifth Avenue, New York, NY, USA, 10010
Tiffany is a monobrand jeweler with a 180-year history. It is vertically integrated, with around 60% of jewellery produced internally. Tiffany is present in over 20 countries globally, with over 300 own stores. Its biggest market is its home market, the U.S.; however, Europe and Asia-Pacific have shown the strongest growth in recent years. Engagement jewellery contributes 26% of sales, the remainder being designer jewellery and other collections.
Executives
Alessandro Bogliolo director, officer: Chief Executive Officer 727 FIFTH AVENUE, NEW YORK NY 10022
Gretchen Koback-pursel officer: Senior Vice President 200 FIFTH AVENUE NEW YORK NY 10010
Andrea Davey officer: Senior Vice President 200 FIFTH AVENUE NEW YORK NY 10010
Philippe Galtie officer: Senior Vice President 200 FIFTH AVENUE NEW YORK NY 10010
Leigh M. Harlan officer: SENIOR VICE PRESIDENT 200 FIFTH AVENUE NEW YORK NY 10010
Mark J Erceg officer: Principal Financial Officer 248 E. SKYLINE DRIVE, WASHINGTON UT 84780
Andrew W. Hart officer: SENIOR VICE PRESIDENT TIFFANY & CO. 727 FIFTH AVENUE NEW YORK NY 10022
Daniella Vitale officer: Executive Vice President 200 FIFTH AVENUE NEW YORK NY 10010
Francesco Trapani director 727 FIFTH AVENUE NEW YORK NY 10022
Abby F Kohnstamm director C/O TIFFANY & CO., CORP. SECRETARY'S DEPT., 600 MADISON AV, NEW YORK NY 10022
Hafize Gaye Erkan director 727 FIFTH AVENUE, NEW YORK NY 10022
Hudis Jane Hertzmark director C/O THE ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE, NEW YORK NY 10153
Lawrence K Fish director ONE CITIZENS PLAZA, PROVIDENCE RI 02903
William A Shutzer director C/O TIFFANY & CO LEGAL DEPT, 727 FIFTH AVE, NEW YORK NY 10022
Pamela H Cloud officer: Senior Vice President TIFFANY & CO. 727 FIFTH AVENUE NEW YORK NY 10022

Tiffany (Tiffany) Headlines

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