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ExcelFin Acquisition (ExcelFin Acquisition) Degree of Financial Leverage : -2.73 (As of Mar. 2024)


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What is ExcelFin Acquisition 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). ExcelFin Acquisition's Degree of Financial Leverage for the quarter that ended in Mar. 2024 was -2.73. The higher Degree of Financial Leverage, the more volatile earnings will be.

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

XFIN's Degree of Financial Leverage is ranked better than
86.34% of 454 companies
in the Diversified Financial Services industry
Industry Median: 0.7 vs XFIN: -2.73

ExcelFin Acquisition Degree of Financial Leverage Historical Data

The historical data trend for ExcelFin Acquisition'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.

ExcelFin Acquisition Degree of Financial Leverage Chart

ExcelFin Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Degree of Financial Leverage
- -0.74 -14.56

ExcelFin Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Degree of Financial Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.96 0.33 2.28 -14.56 -2.73

Competitive Comparison of ExcelFin Acquisition's Degree of Financial Leverage

For the Shell Companies subindustry, ExcelFin Acquisition'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.


ExcelFin Acquisition's Degree of Financial Leverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ExcelFin Acquisition's Degree of Financial Leverage distribution charts can be found below:

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



ExcelFin Acquisition Degree of Financial Leverage Calculation

ExcelFin Acquisition's Degree of Financial Leverage for the quarter that ended in Mar. 2024 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -0.61 (Mar. 2024) / 0.08 (Mar. 2023) - 1 )/( -8.555 (Mar. 2024) / -2.055 (Mar. 2023) - 1 )
=-8.625/3.163
=-2.73***

* 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.


ExcelFin Acquisition  (NAS:XFIN) 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.


ExcelFin Acquisition Degree of Financial Leverage Related Terms

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


ExcelFin Acquisition (ExcelFin Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
473 Jackson Street, Suite 300, San Francisco, CA, USA, 94111
ExcelFin Acquisition Corp is a blank check company.
Executives
Highbridge Capital Management Llc 10 percent owner 277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Neil E Wolfson director C/O ON DECK CAPITAL INC., 1400 BROADWAY 25TH FLOOR, NEW YORK NY 10018
Ragan Joseph Douglas Iii officer: Chief Financial Officer 250 WEST 34TH STREET, #4125, NEW YORK CITY NY 10119
Alka Gupta other: Advisory Board Member 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Brady W Dougan other: Advisory Board Member 35 WILSHIRE ROAD, GREENWICH CT 06831
Warren B Riley officer: Chief Operating Officer C/O OAK INVESTMENT PARTNERS, 901 MAIN AVENUE SUITE 600, NORWALK CT 06851
Logan William Allin director, officer: Chief Executive Officer 473 JACKSON ST., SUITE 300, SAN FRANCISCO CA 94111
Goh Lin Piao director 473 JACKSON ST., SUITE 300, SAN FRANCISCO CA 94111
Gary Meltzer director 473 JACKSON ST., SUITE 300, SAN FRANCISCO CA 94111
Zhouchuan Sun officer: Executive Vice President 473 JACKSON ST., SUITE 300, SAN FRANCISCO CA 94111
Hill Jennifer Murphy director 473 JACKSON STREET, SUITE 300, SAN FRANCISCO CA 94111
Excelfin Spac Llc 10 percent owner 473 JACKSON ST., SUITE 300, SAN FRANCISCO CA 94111
Grand Fortune Capital, Llc 10 percent owner 600 NEWPORT CENTER DRIVE, SUITE 1250, NEWPORT BEACH CA 92660
Grand Fortune Capital (hk) Co Ltd 10 percent owner ROOM 603, 6/F, HARBOUR CRYSTAL CENTRE, 100 GRANVILLE ROAD, TSIM SHA TSUI K3 00000