Board logo

标题: degree of financial leverage(DFL) [打印本页]

作者: dvilayphet    时间: 2011-7-11 20:08     标题: degree of financial leverage(DFL)

DFL = Percentage change in EPS / Percentage change in EBIT (1)

=EBIT / (EBIT-I) (2)

in formula (2) why isn't percentage change reflected anywhere?
Thanks.
作者: yalo    时间: 2011-7-11 20:08

The slope at point (EBIT, EPS) is simply the %change in EPS/%change in EBIT. You can plot that to see it, or run an example.




欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) Powered by Discuz! 7.2