Delta (XZIM:DLTA.ZW) Total Assets : ZWL2,208,074 Mil (As of Sep. 2023)

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What is Delta Total Assets?

Delta's Total Assets for the quarter that ended in Sep. 2023 was ZWL2,208,074 Mil.

During the past 3 years, the average Total Assets Growth Rate was 129.20% per year. During the past 5 years, the average Total Assets Growth Rate was 57.70% per year.

During the past 8 years, Delta's highest 3-Year average Total Assets Growth Rate was 215.80%. The lowest was -36.20%. And the median was 18.30%.

Total Assets is connected with ROA %. Delta's annualized ROA % for the quarter that ended in Sep. 2023 was 51.41%. Total Assets is also linked to Revenue through Asset Turnover. Delta's Asset Turnover for the quarter that ended in Sep. 2023 was 1.48.

Delta Total Assets Historical Data

The historical data trend for Delta's Total Assets 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.

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Delta Total Assets Chart

Delta Annual Data

Trend

Mar09

Mar11

Mar12

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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10,480.56

38,291.55

79,058.66

286,507.59

402,722.44

Delta Semi-Annual Data
	Mar11	Mar12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial								63,785.73	286,507.59	-	402,722.44	2,208,074.23

Delta Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Delta's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	239546.398	+	163176.037
	=	402,722

Delta's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	1071681.222	+	1136393.009
	=	2,208,074

Delta (XZIM:DLTA.ZW) Total Assets Explanation

Total Assets is connected with ROA %.

Delta's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	671120.238	/	( (402722.435	+	2208074.231)	/ 2 )
	=	671120.238	/	1305398.333
	=	51.41 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Delta's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	1928306.223	/	( (402722.435	+	2208074.231)	/ 2 )
=	1928306.223	/	1305398.333
=	1.48

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Delta Total Assets Related Terms

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Delta (XZIM:DLTA.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Delta Corp Ltd (XZIM:DLTA.ZW) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Sable House, Northridge Park, P.O. Box: BW 294, Northridge Close, Borrowdale, Harare, ZWE

Website

https://www.delta.co.zw

Delta Corp Ltd is principally an integrated beverage company. The firm manufactures and distributes beverages in Zimbabwe. The company operates through Lager Beer, Sparkling Beverages, Wines and Spirits and Sorghum Beer segments. The lager Beer segment manufactures and distributes lager beer (malt and sorghum-based clear beers). Sparkling Beverages segment trades in carbonated soft drinks and alternative non-alcoholic beverages, Wines and Spirits manufactures and distributes wines and spirits and the Sorghum Beer segment manufactures and sells sorghum-based opaque beer.

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