Delta Property Fund (JSE:DLT) Current Ratio: 0.23 (As of Feb. 2026) — 12% Below Median


JSE:DLT Delta Property Fund Ltd JSE:DLT
28 GF Score
Price R0.45
GF Value R0.23
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Delta Property Fund Current Ratio?

Delta Property Fund JSE:DLT 28 Current Ratio is 0.23 as of Feb. 2026, which is 12% below its 10-year median of 0.26. GuruFocus rates JSE:DLT with a GF Score™ of 28/100 and a GF Value™ of R0.23 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 758 REITs companies, Delta Property Fund ranks worse than 87.34% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Delta Property Fund's current ratio for the quarter that ended in Feb. 2026 was 0.23.

Delta Property Fund has a current ratio of 0.23. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Delta Property Fund has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Delta Property Fund's Current Ratio or its related term are showing as below:

JSE:DLT' s Current Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.26   Max: 1.63
Current: 0.23

During the past 13 years, Delta Property Fund's highest Current Ratio was 1.63. The lowest was 0.08. And the median was 0.26.

JSE:DLT's Current Ratio is ranked worse than
87.34% of 758 companies
in the REITs industry
Industry Median: 0.98 vs JSE:DLT: 0.23

Delta Property Fund  (JSE:DLT) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Delta Property Fund Current Ratio Related Terms


Delta Property Fund Current Ratio Historical Data

* Premium members only.

The historical data trend for Delta Property Fund's Current Ratio 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.

Delta Property Fund Current Ratio Chart

Delta Property Fund Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.29 0.38 0.42 0.23

Delta Property Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.23 0.42 0.32 0.23

JSE:DLT vs BXP, ARE, VNO: Current Ratio Comparison

For the REIT - Office subindustry, Delta Property Fund's Current Ratio, along with its competitors' market caps and Current Ratio 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.


Delta Property Fund Current Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Delta Property Fund's Current Ratio distribution charts can be found below:

* The bar in red indicates where Delta Property Fund's Current Ratio falls into.


JSE:DLT
28GF Score
Delta Property Fund Ltd JSE:DLT
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Property Fund Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Delta Property Fund's Current Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Current Ratio (A: Feb. 2026 )=Total Current Assets (A: Feb. 2026 )/Total Current Liabilities (A: Feb. 2026 )
=780.967/3325.306
=0.23

Delta Property Fund's Current Ratio for the quarter that ended in Feb. 2026 is calculated as

Current Ratio (Q: Feb. 2026 )=Total Current Assets (Q: Feb. 2026 )/Total Current Liabilities (Q: Feb. 2026 )
=780.967/3325.306
=0.23

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.23 mean?
Delta Property Fund (JSE:DLT) has a Current Ratio of 0.23 as of Feb. 2026. This is 12% below median its historical median of 0.26. Over the past decade, Delta Property Fund's Current Ratio has ranged from 0.08 to 1.63. According to the industry distribution chart, Delta Property Fund ranks #662 out of 758 companies in the REITs industry, placing it in the top 87.3%.
Is Delta Property Fund's Current Ratio too high?
Delta Property Fund's current Current Ratio of 0.23 is 12% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.63. The REITs industry median Current Ratio is 0.98. Delta Property Fund's value of 0.23 is 76.5% below this industry median. Based on the distribution chart, Delta Property Fund ranks #662 out of 758 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Delta Property Fund has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Property Fund's Current Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Delta Property Fund ranks #662 out of 758 companies for Current Ratio. This places Delta Property Fund in the lower half of its industry. The industry median Current Ratio is 0.98. Delta Property Fund's value of 0.23 is 76.5% below this benchmark. Historically, Delta Property Fund's own Current Ratio has ranged from 0.08 to 1.63 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.98, Delta Property Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a REITs company?
The median Current Ratio among REITs companies is 0.98, based on 758 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delta Property Fund's current Current Ratio of 0.23 is 76.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median Current Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Property Fund's current Current Ratio is 0.23, which is 12% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Delta Property Fund (JSE:DLT) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.23, compared to a current price of R0.45 — trading 95.7% above its estimated fair value. The current Current Ratio is 0.23, which is 12% below median its 10-year median of 0.26 and 76.5% below the REITs industry median of 0.98. Delta Property Fund's overall GF Score™ is 28/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Delta Property Fund (JSE:DLT), the current Current Ratio is 0.23 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Delta Property Fund (JSE:DLT) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Property Fund stock appears to be overvalued. The current stock price of R0.45 is trading 95.7% above its estimated GF Value™ of R0.23. GuruFocus considers Delta Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:DLT:

  • Current Ratio: 0.23 (12% below median its 10-year median of 0.26)
  • GF Value™: R0.23 vs. price of R0.45 (95.7% above fair value)
  • GF Score™: 28/100 with 9 warning signs
  • Industry Position: 76.5% below the REITs median (#662 of 758)

No single metric tells the full story. See the JSE:DLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delta Property Fund Business Description

Industry Real EstateREITs
Address 10 Muswell Road South, Building 3, Silver Stream Office Park, Bryanston, Sandton, Johannesburg, GT, ZAF, 2021
Delta Property Fund Ltd engages in making long-term investments in rental-generating properties. The company comprises three segments, namely, Office-Sovereign, Office-Other, and Head Office. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets, single tenanted by the national government, provincial government, state-owned enterprises, and large blue-chip corporations under long leases.
28GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R0.45
Price
R0.23
GF Value